MB Business Capital announced that James Ogonosky has joined its middle-market asset based lending team as senior vice president in MB’s new Houston, Texas office. In this role, he will source lending and commercial banking opportunities for MB Business Capital in the Southern Texas and Louisiana markets.

Ogonosky brings over 20 years of banking experience to MB. Previously he served as a senior vice president at Bank of Texas. Prior to Bank of Texas he has held positions at Wells Fargo, TriPoint Partners, L.L.C., and Frost Bank/Frost Capital Group. Ogonosky is a past president of the Houston Chapter of the Commercial Finance Association (CFA), a member of the Turnaround Management Association (TMA) and the Association for Corporate Growth (ACG). He received his Bachelor of Science-Accounting from Pennsylvania State University.

Michael Sharkey president of MB Business Capital said "This is an exciting growth phase for MB Business Capital as we expand our breadth of ABL expertise from coast to coast. We are excited to open our new Houston office and welcome Jim to the MB Business Capital team. I am confident that he will help us build and nurture many new relationships in this region."

MB Business Capital is the asset-based lending division of MB Financial Bank, a commercial bank headquartered in Chicago. MB Business Capital seeks asset-based lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million. The firm can also provide access to the full range of business banking products and services offered by MB Financial Bank.