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Porter Capital Provides $15MM Line of Credit to Cold-Rolled Steel Manufacturer
Porter Capital extended a $15 million line of credit to a leading cold-rolled steel manufacturer. This partnership will provide the manufacturer with enhanced working capital to support its continued growth and operational expansion.With over 30 years of experience in providing creative financial...
9/26/2024
TAB Bank Provides $4.5MM Credit Facility for The Fiesta Tableware Co.
TAB Bank closed a $4.5 million credit facility with The Fiesta Tableware Co. of West Virginia. This partnership will ensure the American-made tableware company continues helping home chefs refresh and reinvent their table settings. The Fiesta Tableware Co., formerly known as The Homer Laughlin China...
9/26/2024
Peapack Private Hires Tortorice as a Senior Managing Director
Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Vanessa Tortorice has joined Peapack Private’s New York City location as Senior Managing Director. Tortorice joins a team of highly-skilled commercial bankers at Peapack Private, where...
MUFG Bank Agents $4.1B Revolving Credit Facility for Hartree Partners
Hartree Partners closed its core senior secured borrowing base revolving credit facility on September 4, 2024, totaling $4.1 billion.The $4.1 billion credit facility, which is comprised of a $2.05 billion two-year tranche and a $2.05 billion three-year tranche, also includes an accordion feature to...
9/26/2024
 
Kansas and Connecticut Disclosure: Regulations in Commercial Financing
Dan Taylor
Kansas and Connecticut are enacting commercial financing laws enhancing transparency, with differing provisions on...
9/19/2024 Topic: Regulatory
Wrongful repossessions are costly as lenders often assume their repossession...
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
 
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