Tag : Commercial Lending

Eastern Bank Welcomes Work ‘N Gear As An Asset Based Lending Customer
Finance Lending News

Eastern Bank Welcomes Work ‘N Gear As An Asset Based Lending Customer

Fintech News Desk
Provides $8 Million Of Financing For Working Capital Eastern Bank is pleased to announce Work ‘N Gear as a new asset based lending customer. Founded in 2002 and headquartered in Quincy, MA, Work ‘N Gear is an American retail company that focuses on selling various kinds of work apparel, footwear and......
Automated Financial Systems Announces New Container-Based Deployment of AFSVision
Lending News

Automated Financial Systems Announces New Container-Based Deployment of AFSVision

Fintech News Desk
AFS reached another milestone in the delivery of the industry-leading, digital, real-time commercial lending platform—AFSVision—by providing a new container-based deployment model orchestrated by IBM’s Red Hat OpenShift. “This is a pivotal step in our modernization program that includes implementing DevSecOps with a secure (CI/CD) pipeline. By using containerization, we are......
Built Partners with GreenState Credit Union to Accelerate Commercial Lending
Lending News

Built Partners with GreenState Credit Union to Accelerate Commercial Lending

Fintech News Desk
Relationship Empowers GreenState to Better Serve Customers, Scale Commercial Lending Operations in the Midwest Built Technologies (Built), the fastest growing construction finance platform in the U.S., announced that it is partnering with GreenState Credit Union to help it better scale its $2 billion commercial portfolio in the Midwest and support existing......
Great Southern Bank Opens New Commercial Loan Production Office in Phoenix, Arizona
Lending News

Great Southern Bank Opens New Commercial Loan Production Office in Phoenix, Arizona

Fintech News Desk
Phoenix Banking Veteran Justin Lutz Hired as Market Manager Great Southern Bank announced that it has opened a new loan production office (LPO) in Phoenix, Arizona, which represents the seventh LPO in the Company’s franchise. Justin Lutz, a Phoenix banking veteran, has been hired as market manager and is responsible......
Comerica Bank Selects Jenae Anderson to Lead Commercial Banking in Colorado
Banking News

Comerica Bank Selects Jenae Anderson to Lead Commercial Banking in Colorado

Fintech News Desk
Comerica Incorporated announced that Jenae Anderson has been named the Head of Commercial Banking, reporting to Arizona Market President Steve Richins. Anderson brings more than 25 years of banking experience to Comerica, including the last 13 at a national bank where she served as Executive Director and Market Executive for Colorado. At Comerica,......
Skyline National Bank Launches Teslar Software’s Advanced Platform
Banking Lending News

Skyline National Bank Launches Teslar Software’s Advanced Platform

Fintech News Desk
Bank leverages technology to enhance efficiencies across commercial lending and grow with ease Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced that Skyline National Bank is leveraging its platform to amplify commercial lending productivity and strengthen communication across departments.......
Factual Data Announces Credit Integration With Newgen Loan Origination System
Lending News

Factual Data Announces Credit Integration With Newgen Loan Origination System

Fintech News Desk
Factual Data, a leading provider of credit and verification services to the lending industry,announced a credit integration with Newgen Software’s commercial loan origination system (LOS). Newgen has been serving banks and credit unions with its banking solutions, including consumer and commercial lending and online account opening, for the last 20 years.......
HALO Advisory Launches Independent Mortgage Brokerage
Mortgage News

HALO Advisory Launches Independent Mortgage Brokerage

Fintech News Desk
Founder Stephen Thomas recently recognized as the Best Commercial Mortgage Broker launches a Mortgage Brokerage focused on Commercial Mortgages HALO today announced HALO Mortgage Advisory Inc., a new full service Commercial Mortgage Brokerage. HALO Mortgage Advisory Inc. is an independent mortgage brokerage which offers commercial mortgage services to commercial property......
Sterling National Bank Announces Its Participation in the USDF Consortium
Blockchain News

Sterling National Bank Announces Its Participation in the USDF Consortium

Fintech News Desk
Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp announced its participation in the USDF Consortium, an association of FDIC-insured financial institutions, whose objective is to advance the adoption and interoperability of a bank-minted stablecoin, USDFTM. USDF will be established on the Provenance Network, a public blockchain that......
Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP
Banking News

Needham Bank Closes $25 Million Loan to Wind Energy Project

Fintech News Desk
Wind Power Project will Produce 20 megawatts Needham Bank, which for more than a century has served as New England’s “Builder’s Bank,”  is pleased to announce it has closed a $25mm loan to an affiliate of SWEB Development USA (SWEB), Natick, MA for the development of a wind energy project in Maine. The loan is based......
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