Heather Hanowitz joined the Philadelphia Industrial Development Corporation (PIDC) in July 2015 with eight years of small business lending and international equipment leasing experience. As Vice President, Commercial Business Market Manager, Heather is responsible for developing and maintaining PIDC’s relationships with small and midsize commercial businesses in Philadelphia. Her portfolio consists of business and economic development loans ranging from $50,000 to $2 million.
From 2010 to 2015, Heather served as the Director of Business Lending for FINANTA, a Philadelphia based non-profit Community Development Financial Institution (CDFI) offering small business and credit-building microloan products to urban entrepreneurs. While at FINANTA, she conducted all business loan assessment, underwriting, and closings, and provided technical assistance and consumer credit counseling to clients on an ongoing basis.
Prior to FINANTA, Heather was a Value Analyst for De Lage Landen, an equipment lease financing agency owned by Rabobank of The Netherlands. While working at their US headquarters in Wayne, PA, Heather conducted risk-based pricing valuation and cash flow modeling for multi-million dollar leasing portfolios. She also supported the Mergers & Acquisitions team during confidential pricing negotiations and served as interim Controller for the company’s IT division for over 3 months.
Heather holds a Bachelor’s Degree in Mathematics and Spanish from Bryn Mawr College in Bryn Mawr, Pennsylvania.