Former GE executives Patrick Lee and Tom Noto have joined the People’s United Business Capital (PUBCAP) team in the New York Metro area.

Lee joins PUBCAP’s Asset-Based Lending business development team as a senior vice president, senior underwriter. Based in Iselin, NJ, he will help develop and underwrite new business in the Northeast.

An industry veteran with a proven track record of success in a variety of functional and managerial roles, most recently Lee joined GE Capital as a part of the company’s acquisition of Merrill Lynch Capital. There he held senior roles in GE Corporate Finance and GE Antares as a team leader in credit risk underwriting of restructuring, ABL, and cash flow transactions, as well as portfolio management in GE Capital’s Loss Mitigation group. Previously, Lee served as a senior originator at Bank of America/Fleet Capital and CIT, where he also gained experience as an underwriting manager in the Business Credit group.

Located in the PUBCAP New York City office, Tom Noto, a 25-year veteran of GE and GE Capital, joins the sales team as a senior vice president, business development officer. Noto most recently served as managing director in GE Corporate Finance and held roles of increasing responsibility in accounting, finance, business development and Six Sigma.