Michael Flock, CEO of FLOCK Specialty Finance, announced that Gregory Paulo joined FLOCK as vice president of Business Development.

Paulo brings 25 years of operational and sales experience in the accounts receivable management industry. Most recently, Paulo worked at Navient as a senior director managing the campus, state and municipal collection sales teams. Prior to Navient, Paulo was president of Redline Recovery Services, a mid-sized ARM firm providing ARM services in the financial, student loan, mortgage and auto industries.

Paulo will focus on developing relationships in new markets with credit grantors, debt buyers and originators to provide innovative capital solutions for mid-market sub-prime players. Paulo will pursue opportunities to expand FLOCK’s expert consulting services to help companies raise capital or execute M&A transactions.

“I am very excited about joining Michael and his team at FLOCK Specialty Finance. FLOCK’s proprietary structure is well positioned in the market to provide a flexible, unique source of portfolio capital to their clients,” Paulo said.

FLOCK is a specialty finance company providing capital and M&A services for the subprime consumer finance markets as well as for debt buyers of distressed consumer obligations.