Tag : Commercial Banking

Washington Trust Announces Enhanced RI Community Lending Program
Banking News

Washington Trust Announces Enhanced RI Community Lending Program

PR Newswire
by PR Newswire0
Bank Expands Solutions for Ocean State Homebuyers The Washington Trust Company announced that the Bank has recently enhanced its RI Community Lending Program by adding two new solutions for potential homeowners in the Ocean State. In addition to the Bank’s “I Luv RI™ Community Lending Program,” Washington Trust now offers the “Buyer’s Advantage™ Program”......
Banking Expert Kerry Cantley Joins Mitek as VP of Digital Banking Strategy
Banking News

Banking Expert Kerry Cantley Joins Mitek as VP of Digital Banking Strategy

Business Wire
by Business Wire0
Mitek, whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy. “Mitek’s name is known and trusted around the world” Cantley brings a distinguished 30-year career in the financial services industry to Mitek. Most recently, she......
WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President
Banking News

WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President

PR Newswire
by PR Newswire0
WesBanco, Inc., a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker. In his new role, Klick will oversee strategic direction, business development, building and maintaining client relationships and leading initiatives supporting......
Tassat Group, Inc. Announces Multi-Currency Offering
Digital Payments News

Tassat Group, Inc. Announces Multi-Currency Offering

Business Wire
by Business Wire0
Leading B2B payments provider to offer capabilities for banks to hold and manage multiple fiat currencies within a single wallet Tassat Group, Inc., the leading provider of real-time digital payments solutions for commercial banks and their business-to-business (B2B) clients, announced a new multiple fiat currency functionality which will be available......
CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
Fintech News

CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy

PR Newswire
by PR Newswire0
First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor. Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group......
American Bank & Trust Selects Marstone’s Digital Wealth Management Services
Banking News

American Bank & Trust Selects Marstone’s Digital Wealth Management Services

Business Wire
by Business Wire0
Marstone’s Wealth Management-as-a-Service offering continues to gain traction, growing American Bank & Trust’s wealth management capabilities Marstone, Inc., a leading digital wealth technology firm, announced it has partnered with American Bank & Trust, N.A., a $500 million community bank, to provide its turnkey digital wealth management platform and Wealth Management-as-a-Service......
nCino Announces Partnership with Grasshopper to Streamline Bank’s Internal Processes
Banking News

nCino Announces Partnership with Grasshopper to Streamline Bank’s Internal Processes

GlobeNewswire
by GlobeNewswire0
Partnership strengthens Grasshopper’s Commercial and SBA lending businesses as it continues to expand the use of the platform for even greater efficiency nCino, Inc., a pioneer in cloud banking for the global financial services industry, announces its partnership with Grasshopper, the client-first digital bank built for the business and innovation......
First Citizens Bank Provides $16 Million in Financing to FitLife Brands, Inc.
Banking Finance News

First Citizens Bank Provides $16 Million in Financing to FitLife Brands

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Middle Market Banking business provided $16 million in financing to FitLife Brands, Inc., a provider of innovative and proprietary nutritional supplements headquartered in Omaha, Nebraska. The financing includes a $12.5 million term loan for FitLife’s strategic acquisition of Mimi’s Rock, an e-commerce wellness company that owns brands in the nutritional supplement......
First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community
Banking News

First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Real Estate Finance group, part of the CIT division, provided a $48 million senior secured loan to finance the acquisition of the Dunson Grove apartment community in Davenport, Florida. The property consists of 18 three-story buildings comprising 319 residential units. Located in a suburb of Orlando, Florida, the apartment......
SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth
Banking InsurTech News

SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth

Business Wire
by Business Wire0
Growth capital will support captive reinsurance vehicle and increase underwriting capacity SageSure, a leading provider of catastrophe-exposed property insurance, announced the close of a $50 million expanded revolving credit facility with its new commercial banking partner Wintrust Financial Corporation. The funding will enable SageSure to increase underwriting capacity in the......
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