CAN Capital announced it has hired David Lafferty as CAN Capital's new Chief Credit Officer. Lafferty brings his expertise in commercial lending, business development, operational planning, and profit & loss management to the CAN Capital team.

Lafferty has over 20 years of proven experience providing financial services to small businesses. He is the former Vice President of Capital Markets and Credit and Risk Management at Marlin Business Bank. In that role, he assisted small businesses in obtaining the capital they need to operate and grow, with a special focus on helping businesses finance the lease or purchase of equipment. Lafferty is a graduate of Pennsylvania State University, and a member of the Equipment Leasing and Financing Association (ELFA) Small Ticket Advisory Council.

"I have focused my entire career on serving the small business owner as they are the backbone of the United States economy. Being given the opportunity to join this team in a time when the company is experiencing rapid growth and gaining significant market share is extremely exciting. I am really looking forward to joining an already very talented workforce as we take CAN Capital to the next level," said Lafferty.

CAN Capital CEO Ed Siciliano welcomed the new hire.

"I’m very excited to welcome Dave to CAN Capital. He will be joining a strong group of talented people focused on risk and credit underwriting and applying his deep experience in small business lending to calibrate CAN's 20-year proven credit models.”