Friendly Hills Bank launched a specialty lending group dedicated to providing financing solutions for commercial trucks and vehicles. Marc Merino joined the bank as executive vice president and director of specialty lending to spearhead this new effort. read more
MAY 24, 2022 - 7:13 am
Geminus Acquisition & Management officially launched Sonoma Capital, a small-ticket equipment financing and leasing provider. Sonoma Capital will offer equipment financing and leasing solutions to businesses and owner operators in the prime credit space across Canada. read more
MAY 19, 2022 - 7:16 am
Signature Bank launched a new business line with the appointment of a nine-person healthcare banking and finance team. Matthew T. Huber will lead the new business and team as senior vice president and managing group director. read more
MAY 18, 2022 - 7:24 am
Apple Bank established an equipment finance group to be headed by Ken Walters and an initial core team of seven people who have worked together for many years. read more
MAY 17, 2022 - 7:23 am
Black Buffalo 3D, a manufacturer of NEXCON printers and proprietary 3D construction ink, launched a new subsidiary, Black Buffalo 3D Financial, which will offer financing and renting of large-scale 3D construction printers. read more
MAY 13, 2022 - 7:28 am
KeyBank and Beach Point Capital Management, a credit focused investment manager, established a new joint venture middle-market direct lending program with $1.5 billion in lending capacity for U.S. middle-market clients. read more
MAY 13, 2022 - 7:26 am
Wells Fargo formed six businesses within its corporate and investment bank’s (CIB) markets group, effective immediately. The leaders of each business line will report directly to Mike Riley and Dan Thomas, co-heads of markets for Wells Fargo. read more
MAY 6, 2022 - 7:32 am
Blue Ridge Bank established a middle-market banking division, an effort that will entail the buildout of commercial banking teams in the Mid-Atlantic and Southeast regions. C. Douglass Riddle will lead the new division. read more
MAY 4, 2022 - 7:05 am
Equipment Broker School released its all new in person exclusive training called, “Equipping the Dream Experience,” which will be hosted at Everlasting Capital headquarters in New Hampshire. read more
APR 21, 2022 - 7:15 am
Meriwether Group Capital launched as a new commercial lending company serving businesses who fall outside the criteria of traditional lenders. Jamie Shulman and Mike Ferguson, who both have more than 20 years of commercial banking experience, will lead the new company. read more
APR 14, 2022 - 7:14 am
JDR Solutions launched JDR Streamline, a support offering that leverages JDR Solutions’ resources to assist equipment finance organizations with their lease/loan accounting platforms. read more
APR 8, 2022 - 6:05 am
PNC Bank launched a new minority business development group, which will focus on advancing the financial wellness of emerging minority-owned businesses. Marshalynn Odneal, national sales executive for minority business, will lead this national effort. read more
APR 7, 2022 - 7:00 am
Sixth Street, an investment firm with more than $60 billion in assets under management, formed a dedicated structured products business. Michael Dryden, formerly of Credit Suisse, joined Sixth Street as a partner to lead the expansion. read more
MAR 30, 2022 - 6:19 am
CIT, a division of First Citizens Bank, launched a new lending and leasing vertical focused on financing fleet golf cars, turf (grounds care) equipment, utility vehicles and similar equipment. Shawn Foy will lead the new vertical. read more
MAR 25, 2022 - 6:38 am
CIBC formed a new junior debt lending and advisory team within its U.S. commercial banking group. Charlie Sheridan, who previously served as executive director of the financial sponsors group at J.P. Morgan, will lead the new team. read more
MAR 22, 2022 - 6:22 am