Axiom Bank expanded its team with the hiring of John Wattinger as senior account executive in its factoring and asset-based lending division in Dallas.

Wattinger has more than 35 years of experience in asset-based lending and factoring. In this new role with Axiom Bank’s Allied Affiliated Funding division, he will oversee a portfolio of client accounts while also managing the development and underwriting of new credit requests.

“Our division is growing rapidly,” Dan Karas, executive vice president of Allied Affiliated Funding, said. “John will be instrumental in further expanding our reach through his innovative strategies for developing and expanding client relationships.”

Axiom Bank launched its factoring and asset-based lending division in July 2018 when the bank acquired Allied Affiliated Funding. It expanded the division to the Northeast in February.