Presidential Financial added Kevin Pearce to its team as a business development officer in Phoenix.

Pearce will be responsible for originating, structuring and funding asset-based financing solutions with commitment amounts up to $30 million for middle-market businesses in the Southwestern U.S.

Pearce comes to Presidential Financial from Opus Bank, Western Alliance Bank, and prior to that, Wells Fargo Capital Finance. Pearce covered the Southwestern states in a variety of business development and commercial lending disciplines, including asset-based finance, for each company.

Headquartered in Atlanta, Presidential Financial provides flexible and customized financing to privately-held and sponsor-backed middle-market businesses nationwide.