Tag : Bank

MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group
Banking News

MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group

Fintech News Desk
by Fintech News Desk0
CB Top Ten™ Scorecard Ranks MainStreet Bank 29thof 599 Banks with Assets of $1B to $5B MainStreet Bank, the wholly owned subsidiary of MainStreet Bancshares, Inc. announced it has earned a second quarter 2022 top ranking from Irvine, California-based CB Resource Risk Management and Planning. “Latest Fintech News: Indian Oil Corporation Limited Enhances Customer Payment Experience with......
Banking News

Kontrol Technologies Enters into $50 Million Credit Agreement with Schedule 1 Bank Facilities provide Revolver and Acquisition financing

Fintech News Desk
by Fintech News Desk0
Significantly increases financing capacity to fund future acquisitions and growth initiatives Kontrol Technologies Corp. a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce that it has entered into a credit agreement (the “Credit Agreement”) with a Schedule 1 bank (the “Lender”) for up......
Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe State Bank Acquisition
Banking News

Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe State Bank Acquisition

Fintech News Desk
by Fintech News Desk0
Cornerstone Home Lending, one of the nation’s premier independent residential mortgage companies, announced that it has received all bank regulatory approvals necessary to complete its planned acquisition of and merger with The Roscoe State Bank. Cornerstone Home Lending expects the transaction to close on or around October 1, 2022, subject to......
TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility
Banking News

TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a wood products distribution company in Arkansas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. “Latest Fintech News: Bank of America Announces Small Business Down......
Climate First Bank Increases Access to Eco-Friendly Finance with New Hires
Banking News

Climate First Bank Increases Access to Eco-Friendly Finance with New Hires

Fintech News Desk
by Fintech News Desk0
Values-based bank announces 12 new hires, including HR director, branch managers and additions to the residential mortgage and commercial lending teams Climate First Bank, the world’s first community bank founded to fight the climate crisis, welcomes 12 employees to its growing Florida team, bringing the de novo’s total employee count......
FirstCash Increases Size of Revolving Bank Credit Facility; Maturity Date Extended to August 2027
Banking News

FirstCash Increases Size of Revolving Bank Credit Facility; Maturity Date Extended to August 2027

FalkRieker
by FalkRieker0
FirstCash Holdings, Inc. the leading international operator of retail pawn stores and a leading provider of retail point-of-sale payment solutions, today announced that it has amended the terms of its long-term, unsecured bank credit facility to increase the size of the commitment to $590 million and extend the maturity date......
Stabila Emerges as the Leading Blockchain for Bank-Grade Stablecoins.
Banking News

Stabila Emerges as the Leading Blockchain for Bank-Grade Stablecoins.

Fintech News Desk
by Fintech News Desk0
Stabila is a POS blockchain focused on bank-grade stablecoins and bank-grade digital assets. In the latest development, Stabila made it possible for counterparties to exchange digital crypto assets instead of relying on fiat currencies. For example, USD, EUR, GBP, JPY, CNY, and CHF payments are made without the hassle and settled......
CIT Increases Financing for FOX Rehabilitation by $50 Million
Banking Finance News

CIT Increases Financing for FOX Rehabilitation by $50 Million

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. “Latest Fintech News: PalmPay Hits 10 Million User Milestone in Nigeria The original financing was developed in connection with FOX’s acquisition by Blue Wolf Capital......
GLORY Launches Next Generation Teller Cash Recyclers
Banking News

GLORY Launches Next Generation Teller Cash Recyclers

Fintech News Desk
by Fintech News Desk0
Designed to support the changing needs of bank branch networks Glory announces the first of its new GLR series of Teller Cash Recycler (TCR) solutions, GLR-100. The new cassette-based recycling solution with self-audit capabilities advances Glory’s portfolio and enables retail financial institutions to transform their branch networks and address the......
ACIA Aero Leasing Upsizes Credit Facility with Investec Bank
Banking News

ACIA Aero Leasing Upsizes Credit Facility with Investec Bank

Fintech News Desk
by Fintech News Desk0
$100 Million Portfolio of 14 Regional Aircraft Financed Since Q1 2022 ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced the upsizing of the lessor’s initial Revolving Credit Facility (“RCF”) with Investec Bank. Since the first quarter of 2022, Investec Bank has financed......
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