Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $9,000,000 to National Capital Management, L.P. (NCM) an affiliate of Frankel Financial Corp. The credit facilities will provide financing to...
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December 04, 2019, 08:40 AM
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CIBC announced Mike Williams joined as Managing Director, CIBC Bank USA in Chicago responsible for business development in the Midwest for Asset-Based Lending.
Williams brings 20 years of Asset-Based Lending related experience. Most recently, he...
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June 20, 2018, 07:09 AM
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U.S. businesses continued to grow in 2017, as reflected by increased borrowing during the year, the Commercial Finance Association (CFA) announced. According to the CFA’s 2017 Annual Asset-Based Lending and Factoring Survey, asset-based lending...
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May 24, 2018, 08:01 AM
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The largest U.S. banks are keeping their exposure to the beleaguered retail sector in check, according to Fitch Ratings. The retail sector is unlikely to threaten the banks' ratings given their limited exposure, strong core earnings and healthy...
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November 14, 2017, 07:44 AM
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The Solvenz Group announced the launch of Solvenz Energy & Petroleum (Solvenz E&P), asset-backed lending platform operating in the U.S. and Canada. Solvenz E&P, through its bankruptcy remote special purpose series of companies will provide...
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June 11, 2014, 07:50 AM
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