Bridgeport Capital Services named Jason Cole chief lending officer and executive vice president.

Cole is responsible for managing and building the firm’s national portfolio of clients, with an emphasis on oil and gas industries at Bridgeport’s Dallas office.

Cole is an 18-year industry veteran and was most recently senior vice president and head of Staffing Services and Receivables Funding Groups at Wells Fargo Capital Finance.

“The addition of Cole to our executive team is key in expanding our commitment to the staffing and oil and gas industries,” said Bridgeport Capital President Jason Rosenstein. “His leadership and experience will drive specialty finance growth and create opportunities for our existing clients.”

In addition, Max Toledo was promoted to chief marketing officer. Toledo was previously executive vice president and national sales director.

Bridgeport Capital Services is a financial services company that provides cash for payroll funding and business growth and accounts receivable monitoring.