Prestige Capital expanded by hiring Umberto G. DiStefano as sales director for the Mid-Atlantic region. Umberto, previously a product manager at Coface North America, where he sold insurance products to small and medium-sized businesses, will be responsible for expanding Prestige Capital’s brand and business in the Mid-Atlantic market.

Umberto joined Prestige Capital with more than 10 years of experience selling credit solutions to businesses. As previously mentioned, before joining Prestige Capital, DiStefano was at Coface North America, where he managed a region of agents in 14 states and secured business of more than $500,000 annually. DiStefano also previously spent time working in the hospitality industry. Previous roles included operations manager for Bruchetta Wine Bar, general manager for DiPasqual’s Foods and merchandizing specialist for Republic National Distributing Company.

“We are thrilled to have Umberto join the Prestige Captial family. He is someone who greatly embodies our core values. His understanding of our industry and personable nature will benefit both our clients and our team,” Stuart Rosenthal, president at Prestige Capital, said.

“I am thrilled to be joining the Prestige Capital team during this time. This feels like a company I can learn a lot from and offer a lot to,” DiStefano said.