Oxford Closes Lombard Medical Debt Facility
Lombard Medical entered into a $26 million secured term loan facility with Oxford Finance.
Lombard Medical entered into a $26 million secured term loan facility with Oxford Finance.
Webster Bank promoted Bruce Wandelmaier as EVP, treasurer.
Ally Financial and Mitsubishi Motors North America announced Ally will become the preferred financing source for Mitsubishi Motors in the U.S.
SunTrust Banks, Apollo Global Management and Ares Management reportedly are weighing offers for a General Electric unit in the U.S. that lends to private-equity firms, people familiar with the matter said.
Bloomberg reported that according to 73% of 59 economists surveyed the Fed’s long-awaited liftoff on its benchmark interest rate won’t happen until September.
Sterling National Bank appointed Thomas X. Geisel as EVP and president of Specialty Finance, responsible for ABL and equipment finance.
Harvey R. Miller, widely credited with developing the modern practice of bankruptcy law while giving legal counsel to Texaco, Lehman Brothers Holdings, General Motors and other firms at the center of the U.S.’s largest-ever corporate failures, died Monday. He was 82.
TD Bank is the recipient of the 2015 TNS Choice Award for Small Business Banking nationwide.
Richard Ehst, president and COO of Customers Bank, formed a Commercial Finance Group based in New England.
Brookside Mezzanine Partners announceed its investment in Northeast Battery & Alternator.