Trade Finance Solutions (TFS) announced the appointment of Barry Kastner as Senior Managing Director and National Business Development Director. In his new role, Kastner will be responsible for the continued growth of TFS's business development in the U.S.

Previously, Kastner was the Head of ABL for Bibby Financial Services, Head of TD Bank's Asset Finance Group as well as EVP of Wachovia Capital Finance, and COO if its predecessor, Congress Financial Corp. He is well known in the industry and brings a wealth of experience to TFS.

"We are very excited about the opportunity to work with someone of Barry's knowledge and experience, boosting our expertise as we grow the company," said Steve McDonald, President of Trade Finance Solutions.

Trade Finance Solutions (TFS) is a Canadian, independent commercial finance company with $350 million in assets under management. The company provides short-term financing solutions to middle market companies, using factoring, asset-based lending, supply chain financing and purchase order financing. Clients use TFS services to finance products and bring them to the next level of sales volume and profitability. TFS has offices in Toronto, Miami and New York.