Legacy Corporate Lending hired Anthony DiChiara as managing director of originations. DiChiara will be based in Chicago and be responsible for leading the origination and structuring of new loan transactions in the Midwest.

DiChiara has more than 30 years of asset-based lending and commercial finance experience. Most recently, he served as executive vice president and head of sales at Gibraltar Business Capital. DiChiara previously held underwriting and business development roles at Citibank, Capital One, Wachovia, Merrill Lynch Capital, Heller Financial and Fleet Capital.

“We are thrilled to welcome a seasoned executive of Anthony’s caliber to the team as we continue to grow Legacy,” Clark Griffith, CEO of Legacy Corporate Lending, said. “Anthony’s deep industry expertise and strong network of relationships make him the perfect person for our originations team. We look forward to leveraging his significant financing and structuring experience to the benefit of Legacy and our clients.”

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