Seacoast Business Funding hired Albert Delgado as vice president and business development officer. Delgado is based on the West Coast and will focus on growing the portfolio in the region.

“As Seacoast continues to grow, expanding our presence on the west coast to meet the increasing financial needs of businesses in the region became imperative,” Jay Atkins, president of Seacoast Business Funding, said. “Alberts’s ability to cultivate client relationships to successfully drive growth will make him a welcomed addition to the team.”

An Air Force veteran, Delgado’s career has spanned more than 30 years with experience in invoice factoring and asset-based lending as well as roles in accounts receivable financing and traditional banking. Delgado also is a member of the Secured Finance Network and the International Factoring Association.

“Seacoast’s ability to understand their clients’ financing needs and address them quickly is what sets them apart,” Delgado said. “The opportunity to be part of such an experienced and client-focused team is exciting, and I look forward to growing Seacoast’s presence on the West Coast.”

Seacoast Business Funding provides factoring, invoice purchasing and asset-based facilities to small and middle-market companies with annual sales ranging from $1 million to $200 million.