United Capital Funding Corp.announced the hiring of Tom Musante as a senior business development officer.

Musante will lead and manage United Capital Funding’s Charlotte Regional office. Tom has 30 years of experience in the factoring and asset-based lending sectors. Musante previously held executive positions with Capital Factors, GE Capital Commercial Services, First Citizens Bank and most recently was vice president at GrandSouth Bank. He has also been active in the Carolinas Chapter of the Commercial Finance Association.

“We have been very fortunate to have a seasoned professional like Tom join the United Capital Funding team” remarked Mark Mandula, managing partner of United. Mandula also noted that “We look forward to adding additional clients to our portfolio in the Southeast under Tom’s leadership and marketing efforts.”

United also recently announced that it exceeded $2 Billion in funded and managed relationships since its formation in 1997. Starting with a single Florida based client, United Capital now serves clients in 29 states, and is based in the Tampa Bay, Florida. United Capital Funding Corp. also now has offices in Nashville and Charlotte. United Capital Funding Corp. utilizes a conservative, risk adverse business model to provide entrepreneurial clients with Accounts Receivables based funding, professional working capital and credit management solutions.