IDB Bank appointed Chris Dowd as its new Senior Vice President and Head of Specialty Finance. In this role, he will lead a portfolio in excess of $1 billion across key national business segments including Sponsor & Leverage Finance, Syndications...
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December 11, 2024, 08:22 AM
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IDB Bank appointed Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset...
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August 26, 2024, 08:00 AM
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IDB Bank provided a working capital facility to Franklin Capital to benefit the firm’s operating cash flow amid strategic expansion. Serving as the Sole Lender, the deal signals the Bank’s continued lending activity through its national Asset-Based...
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July 11, 2024, 08:00 AM
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IDB Bank served as the Administrative Agent to a $201.5 million Bridge-to-HUD loan to benefit a national portfolio of 21 skilled nursing facilities, with locations in North Carolina, Michigan, Georgia and Texas. The recent financing activity signals...
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June 24, 2024, 07:38 AM
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IDB Bank announced the expansion of its Sponsor & Leverage Finance team. As part of this expansion, IDB aims to further its presence within the leverage finance space, a key area of growth over the next several years.The recent expansion welcomes...
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February 17, 2023, 07:40 AM
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IDB Bank closed up to a $100 million asset-based revolving credit facility for Dwight Funding, a New York-based lender to modern brands and platforms.Dwight Funding was one of the first capital providers to focus on high growth, digitally native...
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November 04, 2022, 08:00 AM
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IDB Bank announced the appointment of Daniel Roberts as its new Chief Risk Officer (CRO). In his role, Roberts will be responsible for overseeing and maintaining the bank's capacity to identify, measure, and manage financial and operational risk. He...
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June 17, 2022, 07:52 AM
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5 Star Apparel announced a new $125 million credit facility to support its existing operations and continued expansion. IDB Bank was the lead agent and one of three banks financing the credit facility.The home of brands includes but is not limited to...
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February 09, 2022, 07:33 AM
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BHI arranged $102.7 million in construction financing for Naftali Group’s latest development at 1165 Madison Avenue, a new 13-story luxury condominium on Manhattan’s Upper East Side. The borrower is the Naftali Group, developer of the project. BHI...
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June 03, 2021, 07:00 AM
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IDB Bank, a New York-based private and commercial bank, announced its Board of Directors has named Ziv Biron its president and CEO.Biron currently serves as chief financial officer and Head of Planning Strategy and Finance Division at IDB’s Tel...
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October 08, 2019, 08:50 AM
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Merchant Financial Group, a provider of working capital solutions for innovative businesses, announced the expansion of its existing credit facility from $323 million to $372 million to support the company's growth and expansion of its financial...
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July 30, 2018, 07:07 AM
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Stephen Leavenworth recently joined IDB Bank as a Senior Vice President and Market Manager for Staffing Services. Mr. Leavenworth will lead IDB Bank’s effort to deliver innovative financing and banking solutions to staffing firms, information...
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January 04, 2017, 07:37 AM
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IDB Bank announced the appointment of Eric Serenkin as SVP and head of asset-based lending.Serenkin has been a prominent lender in the asset-based industry area for many years and has held senior positions with CIT, PNC, and Wells Fargo He will focus...
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November 06, 2013, 08:01 AM
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