Factoring services provider CIT Trade Finance has named Patrick "Pat" Wiggins as business development officer, based in CIT's Atlanta office.

He will be responsible for generating asset-based lending and factoring business in the Southeast.

"Pat's extensive experience in business development and asset-based lending will play an important role as we continue to build our business in the Southeast," said Michael Hudgens, director, business development, Southeast region. "The region offers a tremendous opportunity for us to showcase our expertise in meeting the financing needs of middle market companies."

Wiggins has nearly 20 years of experience in the finance industry, most recently as vice president, portfolio manager for SunTrust Robinson-Humphrey and earlier with PNC Business Credit, Guaranty Business Credit and other financial companies in Atlanta.

Wiggins can be reached at (770) 522-7672 or patrick.wiggins@cit.com.