ENGS Commercial Capital, a group company of Mitsubishi HC Capital, hired Farrah Vargas as vice president and business development officer.

Vargas has more than 14 years of experience in the alternative finance industry and will be responsible for new business origination and development of strategic relationships across the Southwest. Prior to her business development capacity, Vargas, who previously worked for Allied Affiliated Funding, led an underwriting department as well as companywide branding initiatives. Her underwriting background has proven to be especially useful in business development by enabling her to quickly evaluate and creatively structure transactions at an early stage in the financing discussion, bringing a breadth of knowledge to each funding need presented.

“We are very happy to welcome Farrah to the ENGS team. She has a proven track record of providing financing solutions throughout the Southwest.  Farrah is highly respected within the finance community and is a valuable resource to her referral sources and their clients,” Andrew Osborn, executive vice president and director of sales at ENGS, said.  “As ENGS Commercial Capital continues to expand its presence, Farrah will be instrumental to increasing the company’s portfolio and visibility in the Southwestern region of the country.”