Siena Lending Group announced that after highly distinguished careers within the commercial finance industry, Chief Executive Officer (CEO) Dave Grende and Chief Risk Officer (CRO) Steven Sanicola will retire effective February 16, 2025. Both Grende...
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December 18, 2024, 08:03 AM
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Siena Lending Group is announcing leadership changes that will build upon the firm's considerable in-house skills and experiences while positioning the firm for continued growth in a lending environment marked by high interest rates and continued...
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March 22, 2024, 08:00 AM
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Siena Lending Group closed credit facilities totaling $45.6 million for a California-based manufacturer of healthier snacks and related food products. Siena’s financing included a revolving line of credit and equipment term loan, as well as arranging...
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November 29, 2023, 08:00 AM
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Siena Lending Group announced an increase to its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is a leading independent asset based lending business, supporting middle market...
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February 01, 2023, 07:52 AM
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Siena Lending Group announced the appointment of Bridget Anderson as Senior Vice President of Originations, to further strengthen its originations efforts throughout the Midwest. Anderson joins Siena from PNC Business Credit where she held various...
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August 22, 2022, 08:00 AM
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Siena Lending Group announced the promotion of longtime team members Scott Elliotto and Jason Schick, who will play key roles in helping the company build on the success of its Healthcare Finance division. In addition to his current role as the...
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June 22, 2022, 07:42 AM
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Siena Lending Group closed a $30 million asset-based credit facility for CST Industries, Inc.. The revolving credit facility was used to refinance existing debt and to provide additional working capital to support the Company’s turnaround and growth...
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May 03, 2022, 07:25 AM
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Siena Lending Group closed an $80 million credit facility with iMedia Brands, Inc. which was completed on July 30, 2021. In addition to the $80MM asset-based revolving credit facility, Siena arranged a $28.5MM term loan secured by Company-owned real...
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August 12, 2021, 07:16 AM
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Siena Lending Group increased its senior credit facility with Wells Fargo Capital Finance to $400 million. This upsize will enable Siena to continue its growth following the firm’s historic results in the second quarter of 2021, when it closed more...
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August 04, 2021, 07:58 AM
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Siena Lending Group continues to be a leader in the asset-based lending industry, consistently finding creative ways to offer clients maximum flexibility and liquidity. To follow is an overview of the financing solutions that Siena and Siena...
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July 29, 2021, 07:40 AM
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