Bibby Financial Services promoted Barry Kastner to executive vice president, head of business for its large business unit after being hired to lead the company’s asset-based lending platform just four months prior.

The rapidly expanding large business unit focuses on providing asset-based lending and factoring solutions to companies with annual credit needs between $1 million and $20 million.

Bibby Financial Services is an independent and specialized finance company offering asset-based loans and factoring solutions to businesses across the U.S. and Canada. Its specialized financing facilities suit businesses of any size in virtually any industry.