Encina Business Credit added Garett Figueroa to its business development team as a managing director.

Figueroa is an asset-based lending finance professional with more than nine years of business development and credit risk experience at bank lenders and non-bank private debt funds.

In his new role, Figueroa will be responsible for expanding business development efforts in Wisconsin, Ohio, Missouri, Kansas and Minnesota while also joining forces with Steve Beriau, a business development executive for Encina Business Credit, to cover the Chicago market.