With a career on both sides of the fence, David Gandolfo knows broking and commercial lending inside and out
With a career on both sides of the fence, David Gandolfo knows broking and commercial lending inside and out
1982: LEARNS THE ROPES
David Gandolfo started his career at CAGA Finance as junior credit officer, working across various departments to receive training in accounting, collections and lending. His exposure to equipment financing set him on the path to commercial lending.
1985: BEGINS BROKING CAREER
Taking Taking on a junior broker role at Interlease, Gandolfo was tasked with building client relationships. He went out to check clients’ plant, machinery and equipment requirements and provide them with finance solutions.
1991: RETURNS TO LENDING
Gandolfo moved to Sydney and took a state management role at finance company Household Commercial. Even though he had been broking for six years, he felt there was only so much he could learn without senior lending experience. By managing a fairly large portfolio and staff in two states, his time at Household Commercial bolstered his experience in running a business. “I wanted to learn more, get broader experience in larger companies. I knew in a senior role I would be exposed to bigger opportunities and more complex issues – and, of course, get to manage my own staff.”
1993: LEARNS ASSET FINANCE
To gain experience in asset financing for big corporations, Gandolfo moved to Crown Forklifts in Melbourne, where he ran their fleet management division, which leased fleets of forklifts to major warehousing and distribution customers.
1995: TAKES BROKING PATH ONCE AGAIN
Gandolfo helped grow the plant and equipment finance business of Melbourne Finance Broking as a broker and an executive director.
2008: CO-FOUND CAFBA
Gandolfo and Terry Moody – of Moody Kiddell and Partners – merged the Victoria and NSW asset finance professional bodies and co-founded the Commercial & Asset Finance Brokers Association of Australia (CAFBA). This self-regulating industry body advocates for commercial and asset finance brokers and their clients via high-level engagement with regulators and legislators.
2009: LAUNCHES QUANTUM BUSINESS FINANCE
Quantum came into existence through the collaboration of four directors, including Gandolfo. The broking firm prides itself on having high-quality staff and clients who it’s established a long-term relationship with. Despite its extensive offerings, Quantum continues to look for opportunities to grow its aggregation business and form viable partnerships.
