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News Stories (17 Results) - Asset Based Lending

Wingspire Capital Holdings announced its official launch as an independent diversified direct lender focused on providing asset-based loans (ABL) and related senior secured loans to U.S.-based middle market borrowers.Based in Atlanta, Wingspire... Read Story
November 06, 2019, 07:25 AM


Wells Fargo Commercial Capital announced the realignment of its Canada-based equipment finance and asset-based lending (ABL) originations teams into a newly integrated business unit, harnessing the collective expertise to enhance the customer... Read Story
October 17, 2019, 07:30 AM


In the second quarter of 2019, banks experienced the largest quarterly net increase in asset-based lending loan commitments and outstandings since data collection began in 2016 - $3.6 billion and $2.5 billion, respectively, according to the latest... Read Story
October 10, 2019, 07:16 AM


Santander Bank announced Paul Cronin has been selected to lead the bank’s asset based lending business in its Commercial Banking division. Cronin will be responsible for growing Santander’s ABL business, a full-service provider with a highly... Read Story
August 14, 2019, 07:25 AM


The Commercial Finance Association Education Foundation, soon to become the Secured Finance Foundation, announced the findings of a comprehensive study of the scope and impact of the secured commercial finance market in the U.S. The 2019 Secured... Read Story
March 08, 2019, 07:10 AM


Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has completed the previously announced acquisition of the asset-based and equipment finance lending businesses of Woodforest National Bank.The balance of... Read Story
March 04, 2019, 07:20 AM


Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has entered into a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in Texas.As of Dec. 31... Read Story
January 24, 2019, 07:25 AM


Signature Bank announced the appointment of several professionals joining both its Asset-based Lending (ABL) Group as well as its wholly owned subsidiary, Signature Financial LLC.Three professionals were named to the ABL Group, which is led by Group... Read Story
October 10, 2018, 07:28 AM


Accord Financial, Inc. announced the promotion of Terry M. Keating from Executive Vice President to President and CEO. Since joining Accord—the Greenville, S.C.-based ABL and factoring unit of Accord— in March 2014, Keating played a major role in... Read Story
May 09, 2018, 07:20 AM


Encina Business Credit, LLC (EBC) announced Thomas Sullivan and Sean Sheehan have joined the company as Chief Credit Officer and Managing Director, respectively. Based in the company’s Chicago headquarters, Mr. Sullivan will be responsible for... Read Story
May 19, 2016, 07:11 AM


AloStar Bank of Commerce has announced the launch of AloStar Source, a comprehensive program designed to support community and mid-sized banks nationwide, seeking to offer middle market businesses access to more working capital.          Three... Read Story
October 18, 2013, 06:36 AM


Gemino Healthcare Finance , provider of asset-based and term financing solutions for small to mid-size healthcare companies, today announced the closing of a $100 million four-year revolving credit facility with an accordion feature that allows for... Read Story
October 17, 2013, 06:55 AM


Equipment Finance Advisor announced the launch of its newest innovative online publishing platform – ABL Advisor at the Commercial Finance Association’s annual convention in Phoenix, AZ on November 15th.  This platform, designed to meet the... Read Story
November 16, 2012, 06:18 AM


TAB Bank announced it has provided a $3 million senior credit facility through a multi-year agreement for InterMetro Communications, Inc. of Simi Valley, CA.InterMetro Communications is a leading facilities-based IP communications provider of... Read Story
October 17, 2012, 07:43 AM


TD Bank announced that their Asset-Based Lending Group has provided $39 million in financing to support the acquisition of Albert Tire Company by Bennett Capital Partners, LLC, and a private investment firm. The credit facilities consist of a $35... Read Story
September 18, 2012, 07:06 AM


The Commercial Finance Association (CFA), the global trade association for the asset-based lending and factoring industries, announced today that it has named Robert Trojan as Chief Executive Officer. Trojan, who has extensive financial services... Read Story
June 08, 2012, 06:30 AM


Bankers Healthcare Group, Inc. celebrates a winning year in 2011 as they expand their menu of financing solutions to healthcare providers nationwide.Bankers Healthcare Group, Inc. (BHG) has spent more than two decades helping healthcare providers... Read Story
March 29, 2012, 07:00 AM