BlueVine, an online provider of financing to small businesses, named Eric Sager, formerly the head of sales at Square, as its chief revenue officer. Sager will be responsible for driving scalable and sustainable revenue growth for BlueVine in this newly created executive position.

At Square, Sager was the head of sales, leading Square’s efforts to acquire upmarket customers. He previously led the company’s growth and retention teams. Prior to his time at Square, Sager was a principal with Bain & Company, where he focused on a variety of projects across the technology, private equity and financial services sectors. He started his career as a senior business analyst at Capital One.

“I’ve spent my career working to help small businesses succeed, and one of the main things I’ve seen small business owners struggle with time and again is access to timely and cost-efficient working capital,” said Sager. “I believe BlueVine is uniquely positioned to help solve this issue for many businesses, and I’m excited to be part of a great team making that happen.”

“We’re thrilled to welcome Eric to our executive team at a time of rapid growth and accelerating demand for BlueVine’s financing products,” said Eyal Lifshitz, founder and CEO of BlueVine. “Eric has a proven track record leading teams in high performance companies and driving sustained growth. His leadership will prove instrumental as we seek to solve working capital challenges for more and more businesses.”

BlueVine has also increased its maximum credit lines for qualified businesses to $500,000 from $250,000 for invoice factoring, and to $50,000 from $30,000 for Flex Credit, a revolving business line of credit. The company is currently on track to fund $200 million in working capital in 2016.

BlueVine is funded by Lightspeed Venture Partners, 83NORTH, Correlation Ventures, Menlo Ventures, Rakuten Fintech Fund and other private investors.