Rainstar Capital Group, a Grand Rapids, MI-based debt advisory firm, hired Patrick Dunphy as managing director to head up the Cleveland market for its middle-market team.

“We are pleased to expand the Rainstar brand into the Cleveland market with the hire of Patrick Dunphy,” Kurt Nederveld, CEO of Rainstar Capital Group, said. “Pat has a strong track record in the middle-market banking space. We look forward to him serving our clients in the local market and across the United States.”

“I chose to join Rainstar after being a middle-market commercial banker, as Rainstar has an industry leading platform of over 250 lenders that provide unique solutions to business owners and commercial real estate investors looking to grow,” Dunphy said.

“Pat will do a great job for our firm in providing our robust lending platform to clients in the middle-market space,” Nederveld said. “Right now, we see a large need for our traditional asset-based lending, equipment, senior credit facilities, along with our unique niche lending programs like stand along contract financing, payroll lending, mezzanine and junior debt solutions.”