Minneapolis-based Spectrum Commercial Services Company today announced the promotion of John Klehm to senior vice president. Klehm is responsible for the company’s Michigan, Ohio, and Indiana business developments.
Klehm is a long-time member of Detroit’s chapter of the Turnaround Management Association (TMA), where he served on the board for the past six years chairing the chapter’s newsletter committee. He is also active in TMA’s West Michigan chapter and the Michigan chapter of the Commercial Finance Association.
Klehm has served at Spectrum, a provider of asset-based loans and accounts receivable financing services for businesses needing $100,000 to $6 million secured by accounts receivable, inventory, equipment, and real estate, for seven years.