J D Factors Provides $1.45MM in Facilities to Eight Clients
J D Factors provided $1.45 million in factoring facilities for eight clients the week of October 22, 2018.
Forward for Specialty Finance
Wells Fargo Q3 Earnings Up 32%; C&I Loan, Lease Financing Yields Higher
Wells Fargo reported Q3/18 net income of $6.01 billion was up 32% from $4.54 billion in Q3/17. The bank also...
PNC Goes National, Expands Digital Retail Banking Across U.S.
PNC Bank launched a national expansion of retail banking, leveraging an array of digital banking capabilities and featuring a new...
Stevens to Step Down after 29-Year Wells Fargo Career
Lisa Stevens, Regional Banking executive for the Western Region, has decided to leave Wells Fargo after a 29-year career. Stevens...
People’s United Arranges $60MM Revolver for North Star Leasing
People's United Bank’s Commercial Banking division acted as lead arranger on a three-year, $60 million expandable senior revolving credit facility...
IFA Launches Midwest Chapter, Gala Reception Planned
The International Factoring Association formed a U.S.-based Midwest Chapter. Laurie A. Montplaisir, a shareholder with Robbins, Salomon & Patt, founded...
DCI Ranks in IDC Top 100 List of FinTech Companies
Data Center ranked as one of the top 100 technology providers to financial institutions in the 15th annual IDC FinTech...
CIFC Adds Four Logen Execs to Expand Distressed Debt Capabilities
CIFC expanded its distressed debt capabilities with the addition of a seasoned team of four senior executives from Logen Asset...
Buzby Joins Breakout Capital as CFO
Breakout Capital Finance, a fintech lender focused on small business lending, hired Tim Buzby as its chief financial officer.
FDIC: Community Banks Hold 42% of Small Business Loans
According to a FDIC survey, despite holding only 13% of banking industry assets, the data showed that community banks hold...
