Tag : Commercial Finance

Porter Capital Welcomes Roger Welker as Senior Vice President
Finance News

Porter Capital Welcomes Roger Welker as Senior Vice President

PR Newswire
by PR Newswire0
Porter Capital Corporation, a leading provider of working capital solutions, is proud to announce the addition of Roger S. Welker as Senior Vice President. With more than 35 years of experience in commercial finance, Welker brings deep expertise in factoring, asset-based lending, and relationship-driven business development. A leading provider of......
Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes
Lending News

Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes

Business Wire
by Business Wire0
 Digital transformation of paper processes critical for optimizing the customer experience In a space that has experienced a considerable level of digital transformation in recent years, equipment lease and financing firms continue to persist in an over-reliance on paper processes for a number of customer-related transactions. Given increasing customer demand......
Pathward’s Sharmen Hall-Lengel and Stacy Sant Earn National Recognition as Leading Women in Secured Finance
Finance News

Pathward’s Sharmen Hall-Lengel and Stacy Sant Earn National Recognition as Leading Women in Secured Finance

Business Wire
by Business Wire0
Secured Finance Network profiled women in the industry who stand out from the crowd in this month’s issue of the association’s magazine, The Secured Lender Pathward, N.A., an industry leading financial empowerment company, announced that two leaders from its Commercial Finance team, Sharmen Hall-Lengel and Stacy Sant, are profiled in......
Renasant Bank Acquires Republic Business Credit
Finance News

Renasant Bank Acquires Republic Business Credit

Fintech News Desk
by Fintech News Desk0
Renasant Corporation announced that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011,......
Atalaya Expands Senior Investment Team Within Specialty Finance
Finance Investment Services News

Atalaya Expands Senior Investment Team Within Specialty Finance

Fintech News Desk
by Fintech News Desk0
Industry Veteran Bharath Subramanian Joins to Expand Capital Solutions Capabilities Atalaya Capital Management, an alternative asset manager focused on private credit and special opportunities investing, announced the addition of Bharath Subramanian as a Managing Director in the firm’s specialty finance practice, which is focused on providing capital to consumer finance,......
BizCap Secures $20 Million Credit Facility for Schweizer RSG, LLC
Finance News

BizCap Secures $20 Million Credit Facility for Schweizer RSG, LLC

Fintech News Desk
by Fintech News Desk0
Leading Helicopter and Parts Manufacturer Receives ABL Financing for Growth BizCap, a national commercial finance and advisory firm, announced it has successfully secured a $20 million credit facility for its client, Schweizer RSG, a leading manufacturer of helicopters and aviation industry parts supplier. The new ABL credit facility will be......
Wingspire Capital to Acquire Liberty Commercial Finance
Finance News

Wingspire Capital to Acquire Liberty Commercial Finance

Fintech News Desk
by Fintech News Desk0
Wingspire Capital Holdings LLC (“Wingspire Capital”) announced an agreement to acquire Liberty Commercial Finance LLC (“Liberty”). Wingspire Capital is a portfolio company of Owl Rock Capital Corporation, a publicly traded business development company that is externally-managed by an indirect subsidiary of Blue Owl Capital Inc. Latest Fintech News: True Wealth Ventures......
Northpoint Commercial Finance Provides $15 Million Financing To Conecuh Brands
Banking Fintech News

Northpoint Commercial Finance Provides $15 Million Financing To Conecuh Brands

Fintech News Desk
by Fintech News Desk0
Northpoint Commercial Finance (“Northpoint”), a North American diversified financial services company, announced that it provided a $15 million senior secured revolving line of credit to Conecuh Brands, LLC (“Conecuh”). The proceeds will be used to refinance existing indebtedness and support Conecuh’s domestic and international growth. Latest Fintech Insights: MX And upSWOT Bring Modern Connectivity,......
Capital Markets Fintech News

Wells Fargo Names Mike Santomassimo as New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that Mike Santomassimo will join the company in fall 2020 as Chief Financial Officer. Santomassimo will report to CEO Charlie Scharf and serve on the company’s Operating Committee. He will succeed John Shrewsberry, who has announced plans to retire following a successful......
Paystand Raises $20M to Give Businesses a Frictionless, Open Infrastructure for Commercial Finance
Business Fintech News

Paystand Raises $20M to Give Businesses a Frictionless, Open Infrastructure for Commercial Finance

Fintech News Desk
by Fintech News Desk0
Blockchain Payments Leader Accelerates Expansion of Zero-Fee, Payments-as-a-Service Platform for the B2B Enterprise Cash Cycle. Paystand, the fastest growing blockchain-enabled commercial payments platform, announced it has secured $20 million in Series B funding. The round includes new investment from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures, and Wildcat Ventures.......
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