U.S. Bank announced a realignment of its asset-based finance organization to best serve its current clients and meet the growing demand for asset-based financing products. John Freeman was named Head of Sales & Originations for U.S. Bank Asset Based...
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November 22, 2024, 08:15 AM
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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...
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June 16, 2022, 07:46 AM
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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...
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January 28, 2022, 08:00 AM
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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...
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March 09, 2016, 07:56 AM
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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...
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January 20, 2016, 07:39 AM
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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...
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February 10, 2015, 07:51 AM
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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...
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February 04, 2015, 07:49 AM
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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...
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January 08, 2015, 07:38 AM
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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...
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November 10, 2014, 07:14 AM
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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...
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January 22, 2013, 03:06 PM
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