Citizens Asset Finance, a division of Citizens, has named Stan Walker as President, effective March 3, 2025. Walker will succeed Brent Hazzard, who had held the position since 2021 and will be transitioning to a strategic advisor role with Citizens. Walker has more than 35 years of experience in the equipment finance industry, the last 20 in senior leadership roles. He joined Citizens Asset Finance in 2018 and has been National Sales Manager for the past four years.
For more equipment finance
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February 27, 2025 @ 08:00 AM
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Gordon Brothers has launched a Commercial Equipment Finance offering to middle-market businesses seeking efficient equipment financing options on both a direct and indirect basis. The firm’s new offering complements the existing Equipment Finance business that provides structured, asset-focused leasing and lending solutions to companies experiencing operational and/or market challenges. Through the combination of these offerings, Gordon Brothers can now provide clients a full suite of
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February 26, 2025 @ 08:15 AM
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Accuride's North America affiliates announced that the United States Bankruptcy Court for the District of Delaware confirmed the Company's Chapter 11 Plan of Reorganization and Accuride expects to emerge from Chapter 11 in the coming weeks.The Plan refocuses the business on the Company's core North American wheels segment and strengthens its balance sheet via the equitization of over $400 million of funded debt and restructuring of approximately $170 million of additional obligations. In
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February 19, 2025 @ 08:00 AM
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First Citizens Bank announced that its Sponsor Finance group provided financing to Proof of the Pudding, a Bruin Capital portfolio company.Established in 1979 and headquartered in Atlanta, Georgia, Proof of the Pudding focuses on premium food and beverage services for upscale venues and events. The company serves major sports stadiums, convention centers, and large specialty events, with a significant footprint in the Southeast.“This financing will help enable us to continue to grow our
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February 26, 2025 @ 08:05 AM
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First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $30 million credit facility to Conexwest, a leading provider of new, used, and refurbished shipping containers.Founded in 2014 and headquartered in Lathrop, California, Conexwest’s fleet of shipping containers supports a multitude of industries attracting customers nationwide. A majority of the company’s container rental fleet and inventory operate from its
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February 27, 2025 @ 08:00 AM
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