Peter Shand and Brian Hofferth have joined Business Development Corp.’s lending team. Shand, a 25-year veteran of commercial lending in South Carolina, joins as senior vice president and commercial loan officer. Previously, he was employed as regional credit administration officer of First Citizens Bank of South Carolina. He also served as the senior credit officer of the former Bank of Camden. Hofferth joins the company as senior vice president and credit officer. He has 23 years of credit administration experience with a focus on private banking, small business and consumer lending. Throughout his career, he has worked with Wachovia, the National Bank of South Carolina, First Citizens and TD Bank.