Wells Fargo is expanding its business banking operations (BBG) in Boston to target businesses with sales between $5 and $20 million.

The company earlier this week tapped Bob Beveridge to serve as producing manager for its BBG team in Boston, and lead a group dedicated to providing a range of services including credit, cash management, risk management, succession and wealth management.

Beveridge will report to Ronald Coccaro, business banking manager for the New York and New England regions.

“We are expanding our BBG operations in Boston so we can be closer to our customers in key markets,” Coccaro said in a statement. “Bob has extensive leadership experience and a strong track record for developing and cultivating meaningful relationships with our customers and Wells Fargo bank partners. I am confident that, under his leadership, the growing Boston team will provide our BBG customers with the advice, products and services they need to succeed.”

Prior to Wells Fargo, Beveridge served in the U.S. Army where he earned the rank of captain, and was awarded The Bronze Star Medal for his service in Operation Iraqi Freedom. After serving overseas, Beveridge joined Wells Fargo’s BBG team in Colorado in 2005 as a relationship manager and business development officer. Since 2015, Beveridge worked as business development officer with Wells Fargo Capital Finance.

Wells Fargo is already well established in Massachusetts when it comes to small business loans, a sector it is a leader in across the country.

Between October of 2016 and June of this year, it had granted 11 loans valued at more than $9.5 million through the U.S. Small Business Administration’s 7A loan program for small businesses and startups.