AloStar Business Credit announced that Jason Carmona has been named Director of Originations.  Previously, Carmona spent nine years with First Capital where he was awarded membership in the Chairman’s Club as one of the top business development officers. 

“Jason’s experience in the small to middle market along with his work in a broad range of industries particularly consumer product manufacturers and distributors fits AloStar perfectly,” said Andy McGhee, President, Business Credit, “additionally, Jason is one of the most successful BDO’s in the California market and we are absolutely thrilled to have him join our team.”

Carmona is currently on the executive board of directors of the Southern California Turnaround Management Association and is active in the Association of Corporate Growth as well as the Commercial Finance Association.

AloStar Business Credit provides asset-based lending products nationwide to businesses ranging between $20 million and $300 million in revenue and with financing needs ranging between $5 million and $40 million. AloStar Business Credit is the asset-based lending arm of AloStar Bank of Commerce.