Customers Bank, a digital and fintech-forward super-community bank with a growing number of operations across the nation and the bank subsidiary of Customers Bancorp, Inc., announced the launch of a new Loan Syndications Banking Team, expanding the bank’s lending services for middle market businesses and lead deals to support the bank’s existing and future national lines of business.
“Kyle will leverage our robust network of financial institutions to structure and arrange investor groups to assist with the debt financing needs of capital-intensive transactions to help our clients take on tomorrow.”
The Loan Syndications Banking Team primarily focuses on clients in the commercial real estate, healthcare, fund finance, technology and venture, and financial institution sectors, as well as other middle market businesses, serving as the administrative agent or joint lead arranger. The team offers customized syndication banking solutions and loan syndication process management.
Latest Fintech News: Orion Portfolio Solutions Selects Docupace for Workflow Automation
Kyle Silberman has been hired to be Managing Director and Head of Loan Syndications. He brings more than 12 years of larger institutional debt and loan syndication expertise to the bank. Previously, Silberman was head of syndications at Amerant Bank and held senior-level positions at CIBC US and Fifth Third Bank within their syndications groups.
Latest Fintech News: Unity Bank Upgrades Core Banking System to M2P’s Turing CBS
“We are excited to announce the launch of this expanded team and to welcome Kyle to the bank’s financial services group, where he will bring his larger institutional expertise to our clients,” stated Sam Sidhu, President and Chief Executive Officer at Customers Bank. “Kyle will leverage our robust network of financial institutions to structure and arrange investor groups to assist with the debt financing needs of capital-intensive transactions to help our clients take on tomorrow.”
Silberman will focus on middle market clients and expanding the team over the coming quarters. The Loan Syndications Banking Team provides access to capital to assist clients with acquisitions, growth and expansions, leveraged buyouts, dividend recapitalization, management buyouts, second lien/last out term loan financing, private equity/financial sponsors, and growth capex.
Latest Fintech News: Covius Announces Integration with Flueid as Part of Larger Digital Transformation of Loss Mitigation
[To share your insights with us, please write to sghosh@martechseries.com]
