Neal Mulford joined Legacy Corporate Lending as executive vice president of portfolio and underwriting. Mulford will work with Legacy’s originations team and will be responsible for conducting the underwriting process and structuring and closing new transactions.

Mulford has more than 30 years of asset-based lending and commercial financial experience. Most recently, he served as head of underwriting and portfolio management for lender finance at White Oak Commercial Finance. He previously held senior underwriting and portfolio management leadership roles at AloStar Capital Finance, CIT Bank, Regions Bank and Heller Financial.

“We are thrilled to have an executive of Neal’s caliber join our leadership team at such an exciting time in our growth and development,” Clark Griffith, CEO of Legacy Corporate Lending, said. “Neal’s deep expertise in evaluating and structuring transactions further enhances our capabilities as we look to build a diversified ABL platform focused on providing our clients with flexible and supportive funding solutions that meet their evolving borrowing needs.”

Legacy Corporate Lending launched as a new ABL firm in May with support from Bain Capital Credit.