Randy Mitzman joined SLR Business Credit as a senior vice president and managing director. He will be primarily focused on SLR’s FastPay subsidiary. FastPay provides asset-based loans and factoring to digital media and advertising businesses in the U.S.

“Randy’s knowledge of the FastPay business and industry and his diversified skills in asset-based lending and factoring make him an important part of our leadership team,” Jeff Goldrich, president and CEO of SLR Business Credit, said

Mitzman was previously with FastPay for five years and spent the last two years at a specialty asset-based lender in the direct-to-consumer and e-commerce space.

“FastPay has always been on the forefront of innovation in factoring and ABL, and I couldn’t be more excited to come back for the next stage of growth and to be a part of the SLR family,” Mitzman said.