Cole Taylor Business Capital (CTBC), the asset-based lending division of Chicago-based Cole Taylor Bank, announced the opening of a new regional sales office in Seattle, WA. The office will be headed by asset-based lending veteran Joel Carlson, who joins the firm as senior vice president. The company also hired Heidi Luck, an industry-experienced sales and marketing professional, who will work out of her offices in Bolton, CT.

Carlson joins CTBC from Celtic Capital Corporation and brings 30 years of commercial and asset based lending experience to the organization. Luck, who was most recently with LaSalle Business Credit, has more than 20 years of experience in asset-based lending business development, marketing and direct prospect sourcing.

Michael Sharkey, president of Cole Taylor Business Capital, said, “We are thrilled to welcome Joel and Heidi to our team here at Cole Taylor Business Capital. I’m confident that their experience and established track records will greatly benefit CTBC, our national sales network, and our referral source partners.”