Axiom Bank has launched a new Commercial Finance Division headquartered in Dallas, TX. The new division will service businesses seeking Asset Based Lending, Factoring, and Equipment Financing credit facilities ranging from $2 million and greater and...
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December 14, 2022, 08:01 AM
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ABL Advisor released a new video interview featuring Michael Haddad, President, Capital Finance, Sterling National Bank. In this exclusive interview, Haddad discusses how new approaches to working with middle-market borrowers remotely can strengthen...
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July 01, 2020, 08:45 AM
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Sterling National Bank provided credit facilities totaling $19 million to Alex Apparel Group (Alex Apparel) to complete its acquisition of Sally Lou Fashions Corp. In addition to the acquisition, the facility will be used by the company to provide...
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September 19, 2017, 07:17 AM
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Sterling National Bank announced today that Terry O'Grady has joined as Managing Director. He will be leading the sales effort for the Asset Based Lending Group in the Midwest Region, providing asset-based and commercial loans to middle market...
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August 22, 2016, 08:11 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Stephen Altneu has joined the organization as Managing Director of its asset-based lending business. In his new role, Altneu will be responsible for overseeing...
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August 18, 2016, 07:46 AM
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NewStar Financial Inc. announced the sale of its asset-based lending subsidiary, NewStar Business Credit LLC (“NSBC”), to Sterling National Bank, a wholly owned subsidiary of Sterling Bancorp for approximately $112 million in cash, net of debt...
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April 01, 2016, 07:54 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., has provided senior secured credit facilities totaling $8 million to Roscom, Inc. (“Roscom” or the “Company”). Founded in 1972 and headquartered in Croydon, PA, Roscom...
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February 09, 2016, 08:01 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced today that it has provided senior credit facilities totaling $31.5 million to Amerijet International, Inc. Founded in 1974, Amerijet is a full service...
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July 21, 2015, 08:05 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that after a forty year career in the commercial finance industry, Steve Brown is retiring, effective September 30th. Brown has served as a Senior Vice President...
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September 09, 2014, 07:36 AM
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NewStar Business Credit has named Joe Kinkenon as executive vice president and chief credit officer. Kinkenon will be responsible for all portfolio and credit functions for the division.Kinkenon joins NewStar from Regions Bank and has more than 25...
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November 13, 2013, 06:24 AM
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The Commercial Finance Association (CFA) announced the appointment of Michael Maiorino as President of the Association. Maiorino was selected by the CFA Board of Directors to succeed NewStar's Michael Haddad, who became CFA Chairman."Mike's...
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October 08, 2013, 07:29 AM
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The Commercial Finance Association is pleased to announce its officers and Executive Committee for 2012-2013. Cole Taylor Bsuiness Capital's Bruce A. Sprenger is serving as Chairman of the Board. Michael D. Haddad from NewStar Business Credit is...
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November 09, 2012, 08:44 AM
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