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CIT Group Inc. announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50 loans for... Read Full News
June 11, 2021, 07:25 AM
Filed Under: Mergers & Acquisitions


United Capital Source Inc. announced it has surpassed $1 billion in transaction volume. It has matched more than 1 billion dollars to businesses across the United States since inception in 2011.Because of its efficient sales, marketing and management... Read Full News
June 11, 2021, 07:21 AM
Filed Under: Industry News


WSFS Financial Corporation and Bryn Mawr Bank Corporation jointly announced their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company.“Stockholder approval from both... Read Full News
June 11, 2021, 07:19 AM
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CIT Group Inc. announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions.Based in Youngstown, OH, Hynes... Read Full News
June 11, 2021, 07:15 AM
Filed Under: Manufacturing


Fly Leasing Limited announced it has received shareholder approval to be acquired by an affiliate of Carlyle Aviation Partners, the commercial aviation investment and servicing arm within Carlyle’s $59 billion Global Credit platform. Approximately 99... Read Full News
June 11, 2021, 07:10 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the question of commercial vehicle demand for 2021 has already been answered, and for the first time ever, this perspective is illuminated by all positive... Read Full News
June 11, 2021, 07:07 AM
Filed Under: Trucking


First Financial Equipment Leasing announced the expansion of its senior sales team with the addition of three experienced industry leaders to several key roles. The new team members, David DuFresne, Mark Hall and Brad Twilla, bring a wealth of... Read Full News
June 10, 2021, 07:23 AM


Huntington Bancshares Incorporated announced it has closed its merger with TCF Financial Corporation, creating a Top 25 U.S. bank holding company.The combination positions Huntington for enhanced profitability and scale, revenue growth opportunities... Read Full News
June 10, 2021, 07:21 AM
Filed Under: Mergers & Acquisitions


Rhinebeck Bank, the wholly owned subsidiary of Rhinebeck Bancorp, Inc., has expanded its presence in New York’s Capital District with a new Commercial Lending office in the Albany, NY, market.The new office provides Capital District businesses with a... Read Full News
June 10, 2021, 07:20 AM


Glenn Thomas, founder and Principal of Pathway Capital Corporation, which specializes in customized lending solutions for complex and time-sensitive scenarios, announced two new hires: Adam Jutte and Dylan Thomas, who support the lending team.“As we... Read Full News
June 10, 2021, 07:17 AM