Michael Molenda joined Rise Line Business Credit as managing director of originations. He will be responsible for growing the platform through sourcing and arranging new opportunities.

Rise Line recently launched its commercial lending business for companies seeking capital to fund operations, acquisitions and restructuring activities.

Molenda brings more than 25 years of underwriting and originations experience to Rise Line. He has contributed to the growth of multiple portfolios, has an extensive lending history and is known for providing creative structures while serving his capital partners’ needs.

Before joining Rise Line, Molenda served as a managing director at Regions Bank, Great Rock Capital, Capital One and GMAC Commercial Finance (now Ally Commercial Finance). His also previously held senior positions at Merrill Lynch Capital, PPM Corporate Finance and Heller Financial.

“We are very excited to welcome Mike,” said Gaurang Vyas, founder and managing principal of Rise Line. “Mike’s extensive experience in senior lending as well as his deep-rooted relationships across a variety of referral sources will enhance our market footprint. Our team’s experience through multiple cycles and across sectors will allow us to proficiently serve our clients.”

“I am thrilled to join the team at Rise Line and eager to build on their asset based lending platform,” said Molenda. “The team is highly motivated and experienced in providing lower middle market companies with flexible finance solutions.”