Northpoint Commercial Finance hired Bob Swien, Rick Myers and Adam Stout as directors of business development.

Swien will lead development efforts in Texas, Oklahoma, Louisiana and Arkansas. Swien joins the Northpoint team from NextGear Capital with more than 30 years in financial services. Swien has also worked for ITT Commercial Finance, Green Tree, Textron Financial and TCF Inventory Finance.

Based in Pennsylvania, Myers will lead development efforts in the Eastern states of Pennsylvania, New York, Maine, Vermont, New Hampshire, Massachusetts, Connecticut, Rhode Island and New Jersey. He brings more than 30 years of floor plan financing experience with companies such as Transamerica, Deutsche Financial Services, Textron Financial, Cessna Finance and most recently, NextGear Capital.

Stout will oversee Idaho, Montana, Oregon, Washington State and Alaska. Stout was most recently a territory sales manager for Jacobsen, a division of Textron. He comes to Northpoint with a background in financial services that he received while previously working at EverBank Commercial Finance, TCF Inventory Finance and Iowa State Bank.

“This is an exciting growth period for Northpoint as we expand our customer base and provide innovative, customized finance solutions to help customers grow,” said Jeff Olander, vice president of National Accounts. “With their decades of experience and top-notch skills, we’re confident Bob, Rick, and Adam will play a strategic role in expanding and deepening relationships in our key market areas.”

Northpoint Commercial Finance is a diversified financial solutions provider offering inventory lending, floor plan finance and asset-based financing.