PNC Bank announced the closing of a $28.89 million senior secured credit facility for KOST USA, Inc (KOST). PNC Bank served as administrative agent.
Established in 1985 and based in Cincinnati, Ohio, KOST is the largest family-owned manufacturer...
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February 07, 2019, 07:19 AM
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PNC Bank, National Association, announced a strategic appointment to its senior secured lending team in the Upper Midwest region.
Eamonn Brady has been appointed senior vice president and business development officer for PNC Business Credit.
Based...
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December 12, 2018, 07:32 AM
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PNC Business Credit, a senior secured lending division of PNC Bank, N.A., announced two appointments to its senior secured financing team in the Western and Southeast regions. Alex McCombs has been appointed senior vice president and business...
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August 22, 2018, 07:14 AM
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PNC Business Credit, a division of PNC Bank, National Association, announced the closing of a $175 million senior secured revolving credit facility for Aero Opco LLC, the operating company of Aeropostale, a specialty retailer of casual apparel and...
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June 01, 2018, 07:11 AM
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PNC Business Credit, the senior secured lending division of PNC Bank, N.A., announced three appointments to its senior secured financing team in the Upper Midwest and Western regions. Luke Tripodi has been appointed senior vice president and...
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March 16, 2018, 07:27 AM
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PNC Business Credit announced two appointments to its senior secured financing teams in Canada and the Midwest region. Patrick Mercieca joins PNC’s senior secured financing team as vice president and business development officer. Based in Toronto, he...
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November 17, 2017, 07:07 AM
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Wellnext LLC, a vertically-integrated developer, manufacturer, and marketer of dietary and nutritional supplements, announced the acquisition of NeoCell, a leading collagen supplement company, based in Irvine, California.PNC Business Credit, a...
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August 11, 2017, 08:12 AM
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Marquette Business Credit announced the addition of Stephen Shelton to its Business Development team. Shelton joins Marquette as a Senior Vice President, Business Development Officer and will work out of Marquette’s newest location in New York City...
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December 13, 2016, 07:36 AM
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Chiron Financial, LLC, a middle-market investment banking firm, today announced two new additions to their team. Timothy Tran and Alex LaPiana have joined the firm as Associates, supporting the efforts of principals Jay Krasoff and Scott Johnson....
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October 17, 2016, 07:15 AM
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Presidential Financial Corporation (PFC) announced that Paul Krantz has joined its team as a business development officer. In his new role, Krantz will be responsible for originating, structuring, and funding asset-based financing solutions with...
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September 12, 2016, 07:56 AM
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PNC Bank announced the appointment of Joseph G. Meterchick as the new regional president for Philadelphia, Delaware and Southern New Jersey, effective July 8. Meterchick assumes the role from Paula Fryland who is retiring from PNC after a nearly...
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July 07, 2016, 07:47 AM
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WNB Specialty Finance announced the addition of William Bogatay as Southwest Regional Manager who will be responsible for all new business in Texas and the contiguous states. Bogatay will assist in expanding WNB’s North American presence by...
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June 28, 2016, 07:48 AM
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Phoenix Capital Resources, the investment bank affiliate of Phoenix Management Services, LLC, acted as the exclusive financial advisor and investment banker to Lane Enterprises, Inc. PNC Bank, N.A. provided a new $54.6 million credit facility to Lane...
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March 02, 2016, 07:56 AM
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Garrison Investment Group LP announced the funding of a senior secured term loan, in conjunction with a senior secured credit facility provided by PNC Business Credit, to Texas Hydraulics, Inc. (“THI”). Proceeds from the transaction were used finance...
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February 24, 2016, 07:56 AM
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TAB Bank announced it has appointed Curt Queyrouze as president. Most recently, Queyrouze served as TAB’s Chief Credit Officer for the past two years. He will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all...
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February 04, 2016, 08:02 AM
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MB Business Capital announced that Timothy Carstens has joined its middle-market asset based lending team as senior vice president in MB’s new Scottsdale, Arizona office. In this role, he will provide lending and commercial banking services to MB...
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January 29, 2016, 07:33 AM
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MB Business Capital, the asset-based lending division of MB Financial Bank, N.A., announced the appointment of Steve Janson as Senior Vice President. He will be responsible for new business development in North Carolina, South Carolina and SE/SW...
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January 06, 2016, 07:33 AM
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Bank of America Business Capital announced it has named Bruce Weidner and Austin Steel as senior vice presidents and senior business development officers to help deliver commercial banking and asset-based lending solutions to our clients, prospects...
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November 05, 2015, 08:00 AM
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Yelton Capital Network announced that Daniel H. Shaw has joined the firm as a partner. Shaw brings a vast amount of experience and expertise in asset based lending, banking, and finance. He was instrumental in the formation of Branch Bank and Trust's...
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October 29, 2015, 07:17 AM
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Peapack-Gladstone Financial and Peapack-Gladstone Bank announce the appointment of Frank H. D'Alto to the position of Senior Managing Director, Commercial Banking. D'Alto will be responsible for further growth of the commercial middle-market lending...
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August 04, 2015, 07:39 AM
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The Watermill Group announced the acquisition of Quality Metalcraft, Inc. (QMC), a leading producer of engineered structural metal components and assemblies, providing advanced prototype, low-to-medium volume production and factory assist services to...
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July 02, 2015, 07:11 AM
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PNC Bank, N.A, announced the appointment of Kurt V. Putkonen to senior vice president and regional manager for the asset-based lending team in the Southwest. Based in Dallas, Texas, Putkonen will oversee new business development and portfolio...
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June 15, 2015, 08:36 AM
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PNC Bank, N.A. announced the promotion of Robin L. Arriola to senior vice president and sales manager for asset-based lending in southern California and the Desert Southwest, and Terrence J. Mech to senior vice president and sales manager for...
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June 09, 2015, 08:01 AM
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KeyBank Business Capital continues to expand its Midwest asset based lending (ABL) team with the addition of Senior Vice President Ben Pugliesi. Pugliesi will work with businesses located in Michigan, northern Indiana and northwest Ohio from his base...
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May 07, 2015, 08:00 AM
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Lincoln International, a global mid-market investment bank, announced the successful completion of a financing for FKI Security Group, LLC ("FireKing"), a portfolio company of Pfingsten Partners, L.L.C. FireKing is a manufacturer of security, safety...
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May 05, 2015, 07:59 AM
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Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, announced that it completed a round of growth capital with New Partners: MB Financial and Star Mountain Capital, and received an additional...
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April 09, 2015, 07:15 AM
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GAP, the Glasgow-based tool and equipment hire company, negotiated a GPB 220 million asset-based facility with a four bank syndicate led by RBS and including Barclays, Wells Fargo Capital Finance and PNC Business Credit.GAP was established in 1969 by...
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March 24, 2015, 07:07 AM
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Sabre Industries, Inc. and FWT, LLC have completed a strategic business combination. Based in Alvarado, Texas, Sabre is a leading producer of highly engineered structures used for electricity transmission and distribution and wireless...
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March 03, 2015, 07:10 AM
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AIP Private Capital announced the appointment of Adam Flomen as the new Vice President, Originations. In this new role, Adam will lead the growth of the private debt portfolio by providing secured financing solutions for small and emerging growth...
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February 19, 2015, 07:26 AM
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Industrial Opportunity Partners (“IOP”) has acquired Vita Nonwovens, LLC, a technical nonwoven solutions provider that serves the bedding, automotive, building products and medical segments. Terms of the transaction were not disclosed. PNC Business...
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November 07, 2014, 07:41 AM
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First Niagara Commercial Finance, Inc. (FNCF), announced that David Raphaels has joined the bank as First Vice President and Senior Business Development Officer. In his new role, Raphaels is responsible for developing new asset-based lending...
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October 01, 2014, 07:46 AM
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ENSERVCO Corporation, a provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries, announced it has received approval from PNC Business Credit for a five-year, $40 million revolving credit facility...
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August 05, 2014, 07:47 AM
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PNC Business Credit, the asset-based lending arm of PNC Bank, N.A., announced the appointment of Tom Hayes to lead the western regional team. Based in Pasadena, California, Hayes will be responsible for all business development and portfolio...
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July 02, 2014, 07:38 AM
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As TAB Bank continues to expand its footprint in terms of geography and business opportunities, it is pleased to announce the addition of C. Ray Hines to the business development team as Vice President and Business Development Officer. Hines will be...
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June 25, 2014, 07:24 AM
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CapX Partners has hired Taira Masciantonio as an associate at the firm’s Chicago office where she will assist with investment underwriting and portfolio management. At CapX Partners, Masciantonio's responsibilities will include assisting the partners...
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June 19, 2014, 07:28 AM
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KeyBank Business Capital is expanding its strong asset-based lending program with the addition of Michael Wingard, a seasoned ABL banker with experience throughout the West.“We’re thrilled to welcome Michael to our steadily growing team,” said Laurie...
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June 09, 2014, 07:54 AM
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Crestmark announced the addition of Robert J. Parks as First Vice President, West Coast Region Sales Manager. He will further support small middle-market businesses throughout the west coast while reporting directly to National Sales Director, Ray...
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April 08, 2014, 07:39 AM
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TAB Bank announced the addition of Curt Queyrouze to their executive management team as Chief Credit Officer. Queyrouze will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as...
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January 24, 2014, 07:16 AM
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Marquette Business Credit announced Michael Song has joined its team as a Senior Vice President within the Southwest Regional Office in Dallas, Texas. Song has 18 years of financial industry experiences that include eight years in public accounting...
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December 16, 2013, 07:43 AM
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Cole Taylor Business Capital (CTBC), a division of Cole Taylor Bank, announced the opening of a new regional sales office in Walnut Creek, California and the addition of a business development officer in Chicago. The Walnut Creek office will serve...
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August 07, 2013, 09:06 AM
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KeyBank continues to expand its asset-based lending expertise with the addition of middle market banker Karen A. Grexa. She joins KeyBank Business Capital from JP Morgan Chase. Grexa, who is based in one of KeyBank’s midtown New York offices, works...
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July 22, 2013, 08:04 AM
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The Yorkshire Post reports equity investor NVM has backed the management buyout of Britain’s largest independent furniture manufacturer. The Newcastle-based fund invested £7m into Buoyant Holdings, with asset based lender PNC Business Credit...
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July 15, 2013, 07:14 AM
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Keltic Financial Services announced the appointment of Clifton Ray Hines to its sales team as vice president and Great Lakes Regional Manager. He will be focused on new business generation primarily in Ohio, Michigan and Western Pennsylvania. Hines...
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July 01, 2013, 07:26 AM
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The PrivateBank announced Jean Page has joined as Managing Director and will focus on new business development for asset-based lending in the southeastern United States.Page joins The PrivateBank from SunTrust Bank where she was Senior Vice President...
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May 23, 2013, 07:51 AM
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First Capital announced the hiring of Eric Serenkin in its ABL Eastern Division. Serenkin will lead and manage First Capital’s ABL New York office, a regional sales office for the ABL Eastern Region located in Atlanta. He will be responsible for all...
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April 01, 2013, 08:05 AM
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PNC announced the appointment of Ryan Tizzard, vice president of business development for the Western Canadian prairie region. Based in Calgary, Tizzard provides lending support to mid-market clients in the provinces of Alberta and Saskatchewan and...
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September 25, 2012, 08:00 AM
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PNC provided $70 million of a larger revolving credit facility for Berry Nurseries, a portfolio company of Insight Equity in Southlake, TX. Headquartered in Dallas, Berry Nurseries supplies a wide variety of plants and shrubs to Lowe’s and Home Depot...
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August 07, 2012, 07:00 AM
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