44 Business Capital LLC announced the hiring of Michael Hahn of Landenberg, PA as senior vice president and business development Officer for the Philadelphia market. Hahn has most recently served as vice president and business development officer for CapitalSource for the Greater Philadelphia area.

A finance graduate of Penn State University, Hahn has held a variety of financial positions at US Bank, Merrill Lynch Business Financial Services and GE Capital. Hahn will be responsible for building relationships to support the small business community in the Philadelphia district of the Small Business Administration as well as throughout the Mid-Atlantic.

“In addition to his experience with the Small Business Administration 7a and 504 Loan programs, Mike brings over 16 years of experience in Business Development, Commercial Real Estate and C&I Lending.” said Greg Poehlmann, 44 Business Capital president. "44 Business Capital has assisted Parke Bank in closing over $200MM in SBA loans since its inception in August of 2009.

 “Mike and I have a long history having worked together at GE Capital and BLX. Mike has always been the consummate professional and I’m thrilled to have him on our team here at 44 Business Capital. He epitomizes our company’s traits of speed, service and experience.” said Poehlmann.

44 Business Capital, headquartered in Blue Bell, Pennsylvania is the exclusive Lender Service Provider to Parke Bank which participates in the U.S. Small Business Administration's 7a loan program. Recent loans range from $500,000 to $5 million providing financing for debt restructuring, real estate and business acquisitions. 44 Business Capital provides SBA loan assistance to small businesses in Philadelphia, PA, New Jersey, Delaware, Baltimore MD, Northern VA, and Washington DC.