Lighthouse Financial announced that Todd Miller has been promoted to vice president. In this position, he will continue his duties as a senior account executive managing a portfolio of asset based lending transactions. In addition, Miller will continue to serve on the credit committee and support the back office function.

Lighthouse said the promotion is in recognition of Miller’s exemplary service to Lighthouse.

Miller has over 16 years of experience in commercial finance and asset-based lending, most recently as senior account executive with Lighthouse. Earlier in his career, Miller was a vice president with SunTrust Bank serving in several capacities including Small Business underwriting manager, special assets officer, senior credit analyst and loan review officer.

Commenting on Miller’s promotion, Lighthouse president J. Brad Leach said “Todd has been an invaluable team member not only helping Lighthouse maintain a solid portfolio but also providing critical credit insight when making decisions within the portfolio and with regard to new client transactions. He has the ability to make credit decisions, which are sometimes difficult, while remaining an advocate for the clients within his portfolio. This ability to protect the interests of Lighthouse while maintaining strong relationships with clients is rare, and we are lucky to have Todd on our team.”

Greensboro, NC-based Lighthouse Financial is a 28 year old commercial finance company that provides accounts receivable, inventory, and machinery and equipment financing to small and mid-sized businesses with loans between $500,000 and $4 million.