MidCap Business Credit has appointed Michael Perfetti as senior vice president to its business development team and Paul Neydavood as assistant vice president, to its risk team as an underwriter.   Perfetti, has spent the last 15 years in asset-based finance and has been in business development roles for Celtic Capital, Presidential Financial, and Summit Financial.  He earned his Bachelor of Science Degree from the Virginia Military Institute and is a member of the CFA, TMA and ACG. Perfetti is based in Pittsburgh and is responsible for covering the Midwest and Great Lakes Region.

Neydavood has been involved in the finance industry as an independent field examiner and portfolio manager/underwriter. He earned his MBA from the Booth School of Business at the University of Chicago.  Neydavood will be based out of MidCap’s headquarters in West Hartford, CT. 

Steve Samson, president, stated, “Michael and Paul are valued additions to the MidCap team.  Michael’s vast referral network throughout the Midwest, and Paul’s extensive underwriting and field examination experience will support our continued growth strategy – we are fortunate to have them both.”

MidCap Business Credit, celebrating its tenth year in operation, is a commercial finance company providing asset-based loans to businesses requiring credit facilities from $1 million and up.