NEW YORK, NEW YORK (April 26, 2022) CRE financial firm, Axylyum Charter, announced today that Jane Petroff has been promoted to Chief Credit Officer. She formerly held the title of Director of Capital Markets at the parent company of the portfolio-wide, growth enablement product, AXY Wrap™.
As the private lending industry prepares for a market correction, Axylyum Charter has increased both staffing and production across the United States. The result of the execution of the expansion strategy is a significant growth in AXY Wrap™ contracts that have been signed by our private lending community.
A first for the industry, AXY Wrap™ enables lenders to grow their businesses by the removal of default risk – ultimately decreasing servicing expenses, carrying costs, and property disposition time.
“As one of the most recognized faces of Axylyum Charter, Jane has shown tremendous dedication to the product and has helped us secure a notable position in the industry. This is a well-deserved promotion. I cannot imagine a person more suited for the role,” stated Steven Amshen, Chief General Counsel for Axylyum Charter.
Prior to joining Axylyum, Jane held executive positions at both J.P. Morgan Chase and New York Commercial Bank where she oversaw business lending and the implementation of consumer and commercial real estate products. Jane holds both business and law degrees from one of the leading universities in New York.
“I am incredibly proud to be part of an organization that truly has accomplished what it set out to do—change the landscape of lending. When we launched the company in 2021, we were an unknown brand with a great vision. Less than a year later, AXY Wrap™ is not only well known, but is considered a necessary product that all private lenders are eager to explore,” stated Jane Petroff.
In her new role, Jane and her team will establish procedures and guidelines for AXY Wrap™ products, oversee approval and due diligence reviews of AXY Wrap™ applications, and execute portfolio monitoring for all current optioned contracts.
ABOUT AXYLYUM CHARTER:
Axylyum Charter has disrupted the commercial lending space with their growth enablement product, AXY Wrap™. Specifically designed for private money lenders, AXY Wrap™ supports portfolio expansion by removing the risk of default.
For more information about AXY Wrap™, visit www.axylyum.com.
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