First Business Growth Funding Adds Perez as Senior Account Manager
First Business Growth Funding, the accounts receivable financing arm of First Business Financial Services, hired Erika Perez as senior account manager.
First Business Growth Funding, the accounts receivable financing arm of First Business Financial Services, hired Erika Perez as senior account manager.
The global trade finance market will grow at a CAGR of more than 4% or by $11.25 billion between 2020 and 2024, according to research and advisory company Technavio.
Ellen Patterson will join Wells Fargo as its senior executive vice president and general counsel, effective March 23, 2020. Patterson spent the previous seven years as group head and general counsel for TD Bank.
North Mill Capital provided a $15 million revolving line of credit and a $4 million equipment term loan to Allied West Paper.
One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next year, according to a survey of 100 privacy executives in the banking, insurance and capital markets sectors in North America and Europe.
Gemino Healthcare Finance provided a $3 million mortgage term loan and a $750,000 asset-based revolving line of credit to a skilled nursing facility in the Midwest.
Grant Thornton will team with LLamasoft, an artificial intelligence-powered supply chain analytics software company, to combine Grant Thornton’s consulting experience in supply chain transformation and LLamasoft’s optimization technology and AI capabilities.
Barclays Bank agreed to increase the capacity of Velocity Financial’s subsidiary Velocity Commercial Capital’s existing warehouse repurchase facility to $300 million in order to support the company’s loan origination growth.
JPMorgan acted as sole bookrunner and lead arranger and will continue to serve as administrative agent and lender for an amended senior revolving credit facility for BRP Group. The amendment increased the committed line under the credit facility to $300 million.
Republic Business Credit partnered with a West Coast private equity group to provide a $4.5 million asset-based loan with an accordion of up to $7 million to support a food manufacturer.