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Provident Expands Commercial Lending Team, Adds 6 Experienced Lenders to C&I and CRE Teams
Provident Bank announced the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the company’s efforts to strengthen its presence and...
Silicon Valley Bank Provides $35MM in Debt Financing to Squire Technologies
Silicon Valley Bank (SVB), a division of First Citizens Bank, provided $35 million in debt financing to Squire Technologies Inc., a leading full-scale management and point of sale (POS) system that helps barbershop owners scale their businesses and increase clientele while also reducing the amount...
11/20/2024
Technology
KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve Middle Market
KeyBank expanded its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as payments solutions designed specifically for the...
Victory Park Capital Provides $100MM Credit Facility to Addi
Addi, the Colombia-based fintech platform for integrated payments, shopping and banking, secured a $100 million credit facility from Victory Park Capital (“VPC”). The new facility will support Addi’s financing of credit originations in Colombia as it provides buy now, pay later (“BNPL”) solutions to...
11/20/2024
FinTech
 
Merchant Cash Advance H-E-Double Hockey Sticks
Ben T. Nicholson
Merchant Cash Advances (MCAs) offer quick funds to struggling businesses, but often lead to financial peril.
10/1/2024 Topic: Industry Insights
Mitigating Risks of Costly Wrongful...
Wrongful repossessions are costly as lenders often assume their repossession...
Topic: Industry Insights
Kansas and Connecticut Disclosure:...
Kansas and Connecticut are enacting commercial financing laws enhancing...
Topic: Regulatory
 
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Sector/Economic Data
U.S. Census Bureau – U.S. Department of Commerce
March 2022 Construction Spending Report
U.S. Census Bureau – U.S. Department of Commerce
Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022
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Deal Tables
Great Rock Capital Provides $50MM Credit Facility to Basic Fun! $50.000 Million
(Consumer Products)
Bank of Ann Arbor ABL Group Provides $3MM Line of Credit to Automotive Stamper $3.000 Million
(Automotive)
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