Stratacus Business Capital announced that Craig Castle was named managing director of Business Development.

Craig Castle began his financial career as a senior business banker with Fleet Bank, which was acquired by Bank of America. He has also served as a vice president with well-known banking institutions such as the Royal Bank of Canada and later Sterling National Bank, which was acquired by Provident Bank of New York.

Castle brings many years of experience in the areas of asset-based finance, middle-market commercial lending, factoring and trade credit insurance. He is a certified business specialist and licensed property and casualty broker.

Stratacus Business Capital, a boutique New York firm, caters to lower middle-market companies that require business advisory services, alternative methods of working capital solutions and trade credit insurance.