FSW Funding provided a $5 million credit line (along with an accordion feature) to a California-based staffing company that was having issues with its current lender.
FSW Funding hired Shauna Bittinger as a portfolio analyst. Prior to joining FSW Funding, Bittinger worked as an accounting clerk for an Arizona-based electrical and communications contractor.
FSW Funding, a Phoenix-based company that specializes in financing solutions for small and mid-size businesses, promoted Ashton Bennett to the position of operations manager. Bennett will oversee the management of the factoring and asset-based lending portfolio.
Factoring firm FSW Funding promoted Anthony Fortunato to the position of senior vice president, Underwriting & Credit. Fortunato will oversee the credit and underwriting process, as well as assist in managing the ABL portfolio.
FSW Funding hired Anthony Fortunato as an underwriting manager. Fortunato will oversee the underwriting process as well as manage the asset based lending portfolio.
FSW Funding hired Lucas Miller as a portfolio analyst. Miller will manage client accounts, analyze funding transactions to minimize risk and expand the company’s client base.
Factoring firm FSW Financial and corporate finance advisors Lawrence Financial Group appointed Cassondra Walker vice president and marketing director for their new joint venture.
The International Factoring Association added four new members to its eight-member board of advisors for two-year terms. Each member is an executive from a commercial finance company.