First Capital announced the hiring of J. Patrick Moody, vice president, in the eastern region of the Asset-Based Lending Group. Moody will be responsible for new business development throughout the Eastern U.S.

Moody is a financial professional with more than ten years of experience in all aspects of asset-based lending, including business development, portfolio management, underwriting and market development throughout Alabama, Georgia, Florida, Mississippi and Tennessee.

Most recently Moody held the position of managing director with SunTrust Robinson Humphrey. His previous positions include business development officer and portfolio manager with Wachovia Bank and various management positions within the manufacturing industry.

“We have had a very strong first half of 2013 and are very fortunate to have Patrick join the team as we continue to execute on our growth strategy,” said John Nooney, EVP and ABL eastern region manager.