Princeton, New Jersey

SLR Business Credit announced that Randy Mitzman has joined the company as a Managing Director and Senior Vice President.

He will be primarily focused on SLR’s FastPay subsidiary. FastPay provides asset-based loans and factoring to digital media and advertising businesses throughout the United States.

Jeff Goldrich, SLR’s President, and CEO, said, “Randy’s knowledge of the FastPay business and industry and his diversified skills in asset-based lending and factoring make him an important part of our leadership team.”

Mr. Mitzman was previously with FastPay for five years and spent the last two years at a specialty asset-based lender in the direct-to-consumer and e-commerce space.

Mr. Mitzman said, “FastPay has always been on the forefront of innovation in factoring and ABL, and I couldn’t be more excited to come back for the next stage of growth and to be a part of the SLR family.”

SLR Business Credit and its subsidiaries provide non-bank asset-based loans and factoring to businesses nationwide with needs from $200,000 to over $50 million.