MB Business Capital opened a new office in Roseland, NJ and Evan M. Zwerman joined its middle market asset-based lending group as vice president.

Zwerman will join MB Business Capital’s Northeast Regional Business Development team in pursuing financing opportunities related to acquisitions, recapitalizations and turnarounds.

Zwerman brings more than 15 years of banking experience to MB. Previously, he served as a vice president, business development officer and relationship manager at Wells Fargo Capital Finance, where he originated middle market, asset-based credit facilities. Prior to Wells, he held positions at PNC, Merrill Lynch and Bank of America.

Michael Sharkey, president of MB Business Capital, said, “Opening up a New Jersey office offers MB Business Capital even more opportunity to provide the region with access to our top-notch financial solutions and professionals. Evan is a smart strategic addition to our Northeast team and brings extensive asset-based sales and portfolio management experience to our group.”

Zwerman is a member of the Association for Corporate Growth, Turnaround Management Association, Commercial Finance Association, New York Banking & Finance (board member), NY Institute of Credit, Garden State Credit Associates, Alliance of M&A Advisors and is a founding member of the NY Finance Supper Club.