Rise Line Business Credit appointed Senior Advisor Paul Martin to a full-time position as senior managing director of Credit. Since inception, Martin has worked closely with the Rise Line’s credit department and executive team.

Martin’s career includes over 30 years of full profit center responsibility across various commercial lending disciplines, including asset-based lending. Prior to joining Rise Line, he served as executive vice president and chief credit officer of independent financial services firm NewStar Business Credit. Martin was also co-founder of NewStar’s predecessor, Core Business Credit, where he served in the same roles. Prior to Core, he was chief risk officer of First Horizon Home Loans.

Before that, he spent 17 years with HSBC Bank, where he held various Credit and Line Management positions including chief credit officer, head of Credit Policy, head of Credit Operations and deputy head of Asset-Based Lending.

“We are thrilled to have Paul join us to lead our credit group” said Gaurang Vyas, founder and managing principal of Rise Line. “Paul’s extensive experience in both the bank and non-bank lending space has been instrumental in the steady, selective growth of our portfolio, and we are excited to have him in a broader capacity.”

Based in New York City, Rise Line Business Credit is a senior secured lender to middle market companies. It offers $2 million to $25 million in revolving credit lines, term loans, and special situation financing for retail and consumer products, commercial & industrial, and healthcare businesses.