Advance Business Capital (ABC) said it has named Blaine Waugh senior vice president of business development. He comes to ABC after nearly 20 years at Riviera Finance, a non-recourse factor, where he was national sales manager.

Waugh is responsible for managing ABC’s existing sales force and growing the company’s general invoice factoring business.

“Blaine’s experience and relationships across a wide range of industries make him an excellent choice to build our general factoring business,” said Steve Hausman, ABC president and CEO. “He’ll be a real asset as we add to the types of small and medium-sized businesses we serve.”