AloStar Capital Finance added Jonathan Schuster to its new business origination team. Based in the Los Angeles office, Schuster will be responsible for sourcing both asset-based and lender finance deals for the West region.

Schuster brings more than 20 years of commercial finance experience, having sourced, analyzed, underwritten and managed asset-based deals in both family office and regulated environments. He began his career by launching, developing and growing his family’s startup factoring company. Schuster later became a consultant for a global consulting firm and an investment banker for a boutique firm before returning to his commercial lending roots.

Most recently, Schuster spent six years at a division of one of the nation’s largest bank holding companies. In that role, he sourced, underwrote and managed asset-based deals covering California, Oregon and Washington and built a portfolio comprised of companies in various business sectors including technology, manufacturing, distribution and service.

“Jonathan is an outstanding addition to our robust team of banking professionals,” said Andy McGhee, president of AloStar Capital Finance. “With more than two decades of commercial finance experience on the West Coast, Jonathan understands the financial needs of growing businesses in this region.”