Tony Vassallo has joined Gibraltar Business Capital’s Northeast regional business development team as a senior vice president.

Vassallo brings more than 25 years of asset-based lending experience to Gibraltar.

He has held these positions with top companies in the lending field, including CIT Business Credit, BNY Financial Corporation/GMAC and Bank of America Business Capital.

Vassallo is also a member of the Secured Finance Network, the Turnaround Management Association and the Association for Corporate Growth.

‘We’re proud of the relationships we’ve been building with private equity groups and other financial partners,” said Gibraltar CEO Scott Winicour. “We believe that by deepening our expertise in this area and all facets of asset-based lending, Tony will help us continue on our current path of growth through superior service.”