Webster Financial in Waterbury, Conn., has opened an Atlanta office to focus on asset-based lending in the southeastern U.S.
The office is attached to Webster Bank Business Credit, the $24 billion-asset company's subsidiary for asset-based lending.
Webster has about $289 million of loan commitments outstanding in the Southeast, the company said.
William Greene, a senior vice president at Webster Bank Business Credit, will head the Atlanta office. Greene was previously the head of HSBC's Atlanta office.