Milberg Factors promoted Neil R. Desai to partner and senior vice president.

“Neil’s proven excellence in managing existing client relationships, attracting new business and entrepreneurial spirit has made him a valuable asset for the firm,” Daniel R. Milberg, president of Milberg Factors, said. “His impressive experience and relationship-building skills adds value internally and will bolster the diversity of strategic services that we provide to our clients.”

In this role, Desai will manage client relationships and be involved in new business development, working with colleagues in Milberg Factors’ New York, North Carolina and Los Angeles offices. Desai joined Milberg Factors in 2015 as vice president. Prior to joining the firm, he worked for Rosenthal & Rosenthal as an account executive, managing a portfolio of accounts.

Milberg Factors is a factoring and commercial finance company.