TAB Bank added Chris Mitchell to its business development team as vice president and business development officer.

Mitchell will be based in Atlanta and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Southeastern U.S. with annual revenues of $2 million to $150 million.

Mitchell has more than 25 years of experience in the asset-based lending and factoring industries. The majority of his career has been spent providing small to mid-size companies with asset-based loans, accounts receivable financing, factoring and equipment funding solutions to support their working capital needs. Recently, Mitchell’s experience included positions at Hitachi Business Finance, Greenfield Financial and other boutique finance companies.

Earlier in his career, he started First Capital Corporation’s Atlanta office as vice president/region manager where he was responsible for new loan origination for asset-based lending and factoring transactions for small to mid-size companies throughout the Southeast.

“Chris’s addition to our business development team is a critical step of our strategy to create and nurture relationships and opportunities with small to mid-sized companies in the Southeast,” said Justin Gordon, SVP of sales and marketing for TAB Bank. “Our goal is to build momentum in this region of the country by offering working capital facilities and business banking solutions through a collaborative effort with our current clients, prospective clients and centers of influence. The addition of Chris to our business development team greatly enhances our ability to achieve these goals. We are very pleased he has joined our team and we look forward to the new opportunities that will be the result of his efforts.”