Vantage Financial, a provider of technology and equipment financing solutions, hired Kyle Richardson as chief credit officer to oversee the credit team and risk management processes.

Prior to Vantage Financial, Richardson was a regional risk officer for DLL after spending five years in the equipment finance division of TCF Bank, where he ascended to senior vice president and director of credit. Prior to joining TCF Bank, Richardson spent 11 years in various roles at FirstBank in Colorado.

“We are thrilled to welcome Kyle aboard as Vantage’s new chief credit officer,” Marc Snover, CEO of Vantage Financial, said. “With his stellar track record and wealth of experience within the equipment leasing industry, Kyle brings invaluable insight and leadership to Vantage Financial. We’re confident that his expertise will further strengthen our team and drive our continued success.”

Colin Merrigan, who was previously in charge of credit and risk management at Vantage Financial, will become senior vice president and credit administration officer for the specialty finance division of Vantage Financial’s parent company, Peoples Bank. Merrigan joined Vantage Financial in 2015 after his time at a consulting firm in Minneapolis. During his nine years with the company, he served in various roles, most recently as vice president of credit and risk, overseeing Vantage Financial’s banking relationships and credit department. In his new role, he will continue to support Vantage Financial along with the other specialty finance businesses within Peoples Bank.