Presidential Financial hired Paul Krantz as a business development officer.

Krantz will be responsible for originating, structuring and funding asset-based financing solutions with commitment amounts from $2 million to $30 million for middle-market businesses with efforts in Illinois, Wisconsin, Missouri, Minnesota and Indiana.

Before joining Atlanta-based Presidential Financial, Krantz spent six years as a senior marketing officer with PNC Business Credit.

Krantz has been in asset-based lending his entire career in both credit and business development positions.