The Orlando Sentinel reported that City National Bank is opening an equipment finance subsidiary in Orlando.
The new business, called City National Capital Finance, will provide financing for air, rail, marine and heavy equipment, according to the Sentinel.
CNB recorded a $13.3 million profit in Q1/17, the Sentinel said.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!
Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]
Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com
