North Mill Capital announced it has hired Robert Reagan as a Senior Vice President/Business Development Officer for its mid-Atlantic region.

"Bob will help grow our ABL and factoring business in the Mid-Atlantic States," said Dan Tortoriello, EVP and COO of North Mill, "and we are delighted to have someone with his years of experience and skill set join the team."

Reagan has been in the asset-based lending and factoring business for over 20 years, most recently with Medallion Financial.

"I have been serving this market since the beginning of my career," said Reagan "and I am excited to be part of the NMC team."

North Mill Capital is an asset-based lending and factoring company with full service offices in Princeton, NJ and Minneapolis, MN with satellite offices throughout the United States. North Mill finances companies with loan needs from $50,000 to $30 million and are unable to obtain sufficient credit from banks.