AloStar announced the addition of Nick McDearis and Wes Scott to its Atlanta office. McDearis joins AloStar as a business development officer with coverage responsibilities in the Southeast. He brings seven years of experience in both business development and corporate finance. Most recently, he was a principal for Ares Management in the company’s Atlanta office.

Scott provides ongoing account management and is responsible for documenting and closing new client relationships at AloStar. Previously, he served as director for Hayes Financial Consulting LLC in Atlanta. He received his International Master of Business Administration from the University of South Carolina and his Bachelor of Business Administration in Finance from the University of Georgia’s Terry College of Business.

“Nick and Wes are outstanding additions to our AloStar team,” said Andy McGhee, president and CEO of AloStar. “Their combined financial expertise will be invaluable as we continue to expand our client services.”

AloStar provides solutions for clients, prospective clients and referral sources who have capital requirements that range between $5 million and $20 million. AloStar provides these solutions through AloStar Business Credit, AloStar Lender Finance and AloStar Real Estate Finance.