Pathward announced the expansion and transformation of its suite of offerings for financial institutions. Formerly known for providing prepaid cards to banks and credit unions, Pathward’s new Solutions for Financial Institutions includes expanded...
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May 17, 2024, 07:18 AM
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The Commercial Finance Division of Pathward announced the funding of three credit facilities totaling $15MM in various industries.
An $8 million asset-based revolving line of credit facility to a PVC and thermoplastics manufacturer in Indiana. The...
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May 14, 2024, 07:59 AM
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The Commercial Finance division of Pathward announced a $15 million asset-based line of credit facility to an LED lighting, headrest, and counterweight manufacturer company in Michigan. The financing provides the company with the funding to replace...
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April 03, 2024, 07:48 AM
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Pathward released its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70 percent consider themselves to be in growth mode.Based on a survey...
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February 27, 2024, 07:30 AM
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Phoenix IB, a part of J.S. Held acted as the financial advisor and investment banker to Congoleum Acquisition, LLC in arranging, structuring, and negotiating a $10.0 million loan package with Pathward. Proceeds from the financing will be utilized to...
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November 20, 2023, 07:58 AM
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Briar Capital Real Estate Fund and Pathward announced they each simultaneously closed new loan facilities totaling $23.9MM to a precast concrete company with manufacturing facilities in Houston and San Antonio, Texas. Briar Capital provided a $8.9MM...
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November 14, 2023, 07:36 AM
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nFusion Capital Finance entered into a new multi-year senior bank facility with TAB Bank and participating banks Zions Bank and Pathward. The new line more than doubles the size of the existing revolving credit facility and supports the Company’s...
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August 04, 2023, 07:00 AM
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Pathward Financial announced Sonja Theisen, 41, currently Executive Vice President, Governance, Risk and Compliance, will succeed Glen W. Herrick, 60, as Chief Financial Officer, effective April 30, 2023.Brett Pharr, Chief Executive Officer, said...
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October 28, 2022, 07:50 AM
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The American Bankers Association Foundation named Pathward, formerly known as MetaBank, a winner of its 2022 Community Commitment Award. The award recognizes Pathward’s Community Impact Program in the Volunteerism category. The Foundation presented...
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October 12, 2022, 06:00 AM
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Crestmark, the Commercial Finance division of Pathward, formerly known as MetaBank, announced the addition of five new members to its sales team, and the promotion of Dean Allman.Allman joined Crestmark in 2018 as a national account executive, and...
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August 23, 2022, 07:58 AM
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Crestmark, the Commercial Finance Division of Pathward, N.A., announced it provided more than $75.5 million in commercial financing to 112 Businesses in June. Crestmark secured a total of $33,772,677 in ABL/factoring financial solutions for 23 new...
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August 01, 2022, 07:41 AM
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