Investors Bank Provides Two Companies with Asset-Based Loans

Investors Bank’s Asset-Based lending group recently originated revolving credit facility with two middle-market companies located in New York.

Investors Bank ABL Unit Arranges $5MM Revolver for Plus Funding

Investors Bank’s Asset-Based Lending group recently arranged a $5 million revolver for the Plus Funding Group.

Investors Bank Originates $6.5MM ABL Revolver for Ice Air

Investors Bank Asset-Based Lending Group closed a $6.5 million loan facility to Ice Air, a developer, importer, distributor and wholesaler of HVAC units.

Investors Bank C&I/ABL Groups Fund $18.5MM for Toy Company

Investors Bank said its C&I and Asset-Based lending groups structured a loan that combined a $15 million revolver and a $3.5 million mortgage for a NY-based toy maker’s office and warehouse facility.

Investors Bank ABL, C&I Provides Pro Line Facility

Investors Bank’s ABL group and its C&I Lending unit structured an $12 million loan facility for the Pro Line Manufacturing Company.

Investors Names VP of Business Development

Investors Bank appointed Sam Cirelli as vice president and business development executive of the Asset-Based Lending Group.

Investors ABL Group Completes $22.5MM Financing

Investors Bank’s ABL Group recently closed $22.5 million in senior revolver credit facilities.

Staying Customer-Focused… Service a Top Priority at Investors Bank’s New ABL Unit

Investors Bank jumped into asset-based lending late last year as part of a strategy to diversify its lending products. The group’s new executive team provides insights into how they intend to keep the customer at the center of the process by offering complete depository services plus robust ABL products, encompassing revolvers, term loans and equipment finance.

FinalCut: Former GE Capital Exec to Head New Investors Bank ABL Unit

ABF Journal illustrator Jerry Gonzalez provides his take on Investors Bank’s launch of an ABL group to be led by David Viggiano.

Former GE Capital Exec to Head New Investors Bank ABL Unit

Investors Bank said it is launching an ABL group to be led by David Viggiano, group head, and Joseph DeVito, SVP and director of Business Development. Viggiano previously served as an SVP at GE Capital. DeVito joined from Sterling National Bank.