Heller Financial Inc., Chicago, has named two executives to its vendor finance division. They will be based in Oakbrook Terrace, Ill.

Ed Shada was hired as manager of the newly created capital markets division, expanding securitizations and syndications products and services. Mr. Shada was director of municipal leasing at Advanta Public Finance in Salt Lake City.

Beth Farmer was named manager of product technical support, responsible for aiding clients with additional tax and accounting support. Ms. Farmer was assistant manager of regulatory and external communications for Heller Financial.

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