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First Citizens Bank Leads $125MM Financing for New Day Healthcare
First Citizens Bank announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services. The funding will refinance New Day’s existing debt, facilitate four acquisitions under letters of intent, and...
11/21/2024
Bank of America Names Siaje President of Detroit
Bank of America named Ed Siaje President of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. He succeeds Matt Elliott, who recently...
Fifth Third Bank Names Nipper as Northern Ohio President
Fifth Third Bank announced Matt Nipper as Northern Ohio RegionPpresident. Nipper succeeds Tom Partridge, who is serving as group regional president.As Region President, Nipper is responsible for the growth and strategic alignment of the Bank’s commercial, wealth & asset management and treasury...
Cadence Bank Adds Silcox as President of Asset Management & Trust Group
Cadence Bank announced that Brad Silcox has joined the organization as Executive Vice President and President of Asset Management and Trust. Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive leadership roles including president of the Southeast...
 
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
Kansas and Connecticut are enacting commercial financing laws enhancing...
Topic: Regulatory
Wrongful repossessions are costly as lenders often assume their repossession...
 
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