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News Stories (9 Results) - U.S. Bank Asset Based Finance

U.S. Bank announced that veteran Colorado banker Benjamin Fields-Elizalde has joined the growing U.S. Bank Asset Based Finance division as vice president.Based in Denver, Fields-Elizalde will lead efforts to provide asset-based credit solutions for... Read Story
June 16, 2022, 07:46 AM


U.S. Bank hired two bankers with deep asset-based lending experience for its growing asset-based finance business. The hires are part of a strategy for the broader U.S. Bank Commercial Banking team to continue its expansion in Texas and across the... Read Story
January 28, 2022, 08:00 AM


Lumber exporter and secondary manufacturer Patrick Lumber Company has closed on a $20 million loan from U.S. Bank to support its growth and provide working capital. Founded in 1915, Portland, OR-based Patrick Lumber sells niche high-grade softwood... Read Story
March 09, 2016, 07:56 AM


Construction materials wholesaler Consolidated Lumber Company has closed on a $15 million loan from U.S. Bank to support its growth and provide working capital. Founded in 1903, Stillwater, Minn.-based Consolidated Lumber operates 16 locations... Read Story
January 20, 2016, 07:39 AM


Minneapolis-based agri-business firm AgMotion has closed on a $45 million asset-based revolving credit facility with U.S. Bank to support the company’s continued growth. "We are very pleased to establish this new relationship with AgMotion. We were... Read Story
February 10, 2015, 07:51 AM


U.S. Bank Asset Based Finance has named Todd Gronski senior vice president, western United States. In this role, Gronski will lead a team of portfolio specialists who are responsible for underwriting and structuring client transactions. "Our clients... Read Story
February 04, 2015, 07:49 AM


Cincinnati-based commercial products distributor RelaDyne, LLC has closed on a $75 million asset-based revolving credit facility with U.S. Bank to support the company’s continued growth. “We are very pleased to establish this new relationship with... Read Story
January 08, 2015, 07:38 AM


Capmark Financial Group Inc. announced that it has closed its previously announced acquisition of Bluestem Brands, Inc., a multi-brand, online retailer of name-brand and private label general merchandise serving low-to-middle income consumers... Read Story
November 10, 2014, 07:14 AM


U.S. Bank Asset Based Finance announced today that it has provided a $60 million revolving credit facility to Westlake Hardware which is now a subsidiary of Ace Hardware Corporation. The facility was used, in part, to support Ace Hardware... Read Story
January 22, 2013, 03:06 PM