BMO Harris Bank’s Asset-Based Lending group hired Brian Tammaro as managing director and Scott Sundal as director. In these roles, Tammaro and Sundal will lead BMO’s coverage efforts in the Northeast and Southeast regions of the country for prospects, customers, and private equity sponsors that utilize asset-based financing.

“Our Asset-Based Lending team continues to expand, and we see an opportunity to grow our platform throughout the Northeast and Southeast regions,” said Mike Scolaro, group head, Asset-Based Lending, BMO Harris Bank. “Both Brian and Scott are very well known throughout their coverage areas, and they will bring tremendous expertise and experience to our customers, and to our collective team. We are thrilled to have them on board.”

Based in Boston, Tammaro will lead origination efforts for BMO Harris’s ABL group across the Northeast, bringing more than 20 years of lending experience to the team. In his most recent role at another financial services organization, he was responsible for originating ABL transactions throughout the Northeast. He plans on growing the local team in Boston immediately, looking to hire a vice president-level candidate who will focus on additional business development opportunities throughout the Northeast.

Based in Atlanta, Sundal will lead the origination efforts for BMO Harris’s ABL group across the Southeast. He has over 15 years of experience originating ABL transactions throughout the Southeast, with his most recent role focused on tech finance, health care finance and lender finance structures, as well as traditional ABL structures. In addition, he has had previous roles in portfolio management and underwriting for both leveraged cash flow and ABL financings.

BMO is one of the largest providers of asset-based lending in the industry. With over 65 experienced ABL professionals located throughout the United States and Canada, BMO partners with advisors, financial sponsors and companies, helping them to originate, structure and syndicate ABL transactions.