Ray Hines joined the Seacoast Business Funding team as vice president, business development officer.

Hines brings more than 20 years of experience within the factoring and asset-based lending industry.

“As part of our portfolio growth this year, we are continuing to strengthen our innovative business development team. We are pleased to add Ray, who will focus on providing our asset-based financing and factoring solutions to companies in the Midwestern market,” said Jay Atkins, president of Seacoast Business Funding.

Hines is a member of the Commercial Finance Association, Turnaround Management Association and Association for Corporate Growth.

Seacoast provides customized and timely working capital financing solutions to small and middle-market companies engaged mainly in business services, distribution, manufacturing and staffing with annual sales ranging from $1 million to $200 million.