Crestmark Provides $30.4MM to 96 Businesses in H1/October
Crestmark provided more than $30.4 million in commercial financing to 96 businesses in the first half of October 2019.
Crestmark provided more than $30.4 million in commercial financing to 96 businesses in the first half of October 2019.
Bank of Southern California and CalWest Bancorp signed a definitive agreement and plan of merger whereby CalWest Bank will merge with and into Bank of Southern California.
Anytickets.com closed on a new $40 million secured credit facility with Bank of America Merrill Lynch.
Capital One served as administrative agent for a $108.9 million loan for a joint venture owned by Sino-Ocean Capital and Meridian Senior Living.
OncoCyte amended its loan and security agreement with Silicon Valley Bank pursuant to which Oncocyte obtained a new $3 million secured credit facility.
North Mill Capital funded a $6 million credit facility for a logistics company in North Carolina.
U.S. Bank has hired real-time payments industry veteran Peter Gordon to lead emerging payments efforts across the company.
Dollar Bank promoted Jerry Ritzert to chief financial officer. Ritzert originally joined Dollar Bank in March of 2018, as the executive vice president of Finance.
McDermott entered into an agreement with certain of its secured lenders to access to up to $1.7 billion of additional financing. Barclays is serving as lead arranger on the new financing.
Richard Payne Jr. has been elected to the Wells Fargo board of directors, effective immediately, and will serve on the board’s Credit Committee.