SLR Business Credit announced the addition of Mark J. Simshauser as Senior Vice President. In this role, Simshauser will have the responsibility of supporting and financing SME’s through the Northeast United States.

“Having the past professional experience in working with the executive management of SLR Business Credit when it was North Mill Capital brings it all full circle in the commercial finance industry,” said Simshauser. “The ability to be reunited with great people and having the same market appetite for portfolio growth is exciting and a breath of fresh air.”

Simshauser brings over 20 years of asset-based lending and factoring experience back to SLR Business Credit.

“Mark’s success in the industry will only complement what we as a group are committed to delivering,” said Dan Tortoriello, EVP of SLR Business Credit. “His tenured experience will support SLR Business Credit’s expansion and reach within the Northeast.”