Northpoint Commercial Finance appointed Robert E. Wagner to the position of senior vice president of Business Development. Wagner will be responsible for further growth of the Northpoint core industries and accelerated expansion into the technology sector and other revolving credit markets. Additionally, Wagner will manage the expansion of Northpoint’s asset-based lending business in the middle and lower middle markets nationally.

“We are excited to add Robert to the Northpoint team and look forward to leveraging his extensive experience to propel Northpoint’s growth,” said Northpoint CEO Dan Radley. “With all of the uncertainty and potential consolidation in the commercial lending space, the timing is right for Northpoint to pursue new markets in order to add a viable finance alternative for commercial borrowers.”

Wagner brings over 25 years of financial services experience focused on new business development and business line group leadership. Most recently, he served as managing director for Wells Fargo Capital’s supply chain finance business and was responsible for the development of the company’s asset-based lending business in the technology channel. Prior to that, as division president at Textron Financials’ asset-based lending division, Wagner played a key role in the growth of the middle and lower middle market businesses. Additionally, Wagner has held positions at Conseco Finance, GE Capital and Deutsche Financial Services.