Podcast: The State of Banking with Senior Managing Director of the Innovation Banking Group at Western Alliance Bank, Mike Lederman
Mike Lederman, senior managing director of Western Alliance Bank's Innovation Banking Group, sat down with Jace Lotz of Ursa Consultants and Beyond the Balance Sheet Podcast to discuss the current state of the banking industry, how to deal with uncertainty and the benefits of debt facilities versus raising equity capital.
Mike has over 20 years of experience in the banking industry. During his tenure at the Bank, he has managed and developed business in innovation, asset-based lending, and C&I under the Bridge Bank legacy brand. Previously, he was an associate at Silicon Valley Bank and managing director at Horizon Technology Finance.
In this podcast episode, you’ll learn his position about taking on debt, how to handle it, where to get it from and what the playbook should look like when there are plot twists.
Innovation Banking
Western Alliance Bank’s Innovation Banking Group, a national banking group within Western Alliance Bank, Member FDIC, delivers flexible financial solutions custom-built for innovation companies at every stage of growth to empower success in any economy. The group includes the Life Sciences Team, Fund Banking Team and the Innovation Startup Banking Team, providing essential support for various sectors within the innovation economy. Clients nationwide benefit from the Innovation Banking Group’s deep industry knowledge, commitment to customer relationships and exceptionally responsive service. The Innovation Banking Group is part of Western Alliance Bancorporation, which has more than $85 billion in assets. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director.