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Hank Abbott

President
Director

Hank joined Commonwealth in 1998, as Portfolio Manager. He currently serves as President of Commonwealth Capital Corp. and Commonwealth Income & Growth Fund, Inc., and as a Director of Commonwealth Capital Corp. and its affiliates.  He is responsible for oversight of lease acquisitions, equipment dispositions and portfolio review. Additionally, Hank is responsible for oversight of residual valuation, due diligence, equipment inspections, negotiating renewal and purchase options, and remarketing off-lease equipment.

Prior to Commonwealth, Hank was active in the commercial lending industry, working primarily on asset-backed transactions for more than 30 years.  Hank received his Bachelor of Science degree from St. John’s University.  He was a founding partner of Westwood Capital LLC in New York, a Senior Vice President for IBJ Schroeder Leasing Corporation and managed a group specializing in the provision of operating lease finance programs in the high technology sector.   Hank brings extensive knowledge and experience in leasing and a history of managing over $1.5 billion of secured transactions.