Asset-based commercial finance company Maxim Commercial Capital announced the hire of Mae Philpott as the company’s business development director, effective immediately. In her new role, Mae will be charged with building the company’s broker referral base as well as vendor direct business.

The Los Angeles-based group was established in 2008after the economic downturnto meet the commercial financing needs of businesses across various industries unable to qualify for conventional funding.

Behzad Kianmahd, Maxim Commercial Capital’s chairman and CEO, explains, “Mae’s energy, industry expertise, and years of experience closing credit-challenged and highly structured transactions make her a great fit for our creative approach to financing. Her unique talent for building strong customer relationships will be a wonderful addition to Maxim’s diverse team.”

Philpott comes to Maxim from Dakota Financial where she served as the sales & marketing director. Prior to Dakota, she held various positions in marketing, sales, and public relations. Philpott is an active member of the NAELB and NEFA leasing industry organizations.

Los Angeles, CA-based Maxim Commercial Capital is a privately held commercial finance company focused on providing creative and flexible asset-backed financing solutions to small and middle-market companies in a wide array of industries.