Haversine Funding hired Gen Merritt-Parikh as president. Merritt-Parikh has more than 25 years of experience in asset-based lending and factoring.
Kimberly Smotherman joined Allied Affiliated Funding as chief credit officer, factoring and asset-based lending. Smotherman is responsible for credit risk management and portfolio oversight.
Axiom Bank, a Central Florida-based community bank, acquired Dallas-based Allied Affiliated Funding. The acquisition adds a lender finance line of business, scalable factoring and an asset-based lending platform to Axiom.
Sam Tork joined Allied Affiliated Funding as senior vice president. Tork will focus on building strategic referral relationships and generating new business across the U.S.