Factoring firm FSW Funding promoted Anthony Fortunato to the position of senior vice president, Underwriting & Credit. Fortunato will oversee the credit and underwriting process, as well as assist in managing the factoring and asset-based lending portfolio.

“With over 22 years in the factoring and ABL industry, Anthony is a key part of the FSW management team as we continue to grow our portfolio,” said Robyn Barrett, founder and managing member of FSW Funding. “FSW Funding is in a great position to expand its lending capabilities, and Anthony will help us continue to grow and minimize risk.”

Fortunato began his career in factor financing as an account manager with a factoring company in northern California and quickly moved up the corporate ladder to the position of business development Officer. He then relocated to Utah and joined Summit Financial Resources as an assistant vice president. After two years in Utah, Fortunato returned to Arizona to help launch Landmark Business Capital.

Fortunato also worked for Rexford Funding as senior vice president of Operations and Bibby Financial Services serving as vice president of Underwriting.