44 Business Capital hired David Nayor as first vice president, SBA Lending for the New York City, Westchester County, New York and Fairfield County, Connecticut market.
Berkshire Bank completed its asset purchase transaction with 44 Business Capital and Parke Bank under which Berkshire has acquired the business model of 44 Business Capital and certain assets of Parke Bank’s SBA 7 (a) loan program operations.
44 Business Capital said it signed an agreement with Berkshire Bank and Parke Bank under which Berkshire will acquire the business model of 44 Business Capital and certain assets of Parke Bank’s SBA 7(a)loan program operations including its entire team including leadership.