News

EverBank expanded its asset backed finance division with the addition of three experienced professionals to its lender finance team: John “JJ” Ohlrich and Shawn Bastic as directors and Ryan Mannell as an associate. The new team members join EverBank with...

Manufacturers can acquire useful assets such as CNC lathes and mills, grinding systems, bar feeders, heat treat furnaces and much more in separate online auctions closing on July 15 and July 29. Bidding is now underway in the sales conducted...

Global business advisory firm EisnerAmper has introduced its newest advisory offering: EA Talent Solutions. This custom service focuses on delivering qualified candidates (C-suite, finance, HR, technology and others) who can navigate complex landscapes, deliver measurable outcomes and drive organizational growth....

Provident Bank, a New Jersey-based financial institution, hired Robert Orzechowski as first vice president, senior relationship manager on the asset-based lending (ABL) team. In this role, Orzechowski will be responsible for sourcing, evaluating and developing new business opportunities while supporting...

Veris Residential, a Northeast-focused, Class A multifamily REIT, amended its $500 million credit facility established in April 2024. The transaction supports the company’s multi-year balance sheet strategy, reducing borrowing costs and positioning Veris Residential to reduce net debt to EBITDA to below 10.0x...

Citizens Capital Markets & Advisory added Daniel Berenson and Frankie Beardslee to its life sciences investment banking team. Berenson joins the bank as a managing director while Beardslee joins as a director. Berenson and Beardslee bring more than 30 years...

To meet growing demand for specialized solutions, Wells Fargo appointed Tim Ruby as division executive for the healthcare, higher education, and not-for-profit division (HHN). Based in Chicago, Ruby reports to Phil Smith, vice chair of specialized industries, a business line...

TradeCap Partners closed a $1 million purchase order facility for a West Coast importer of premium food ingredients. The facility will enable the company to accelerate its rapid growth with their largest client. The importer experienced a significant increase in...

A Texas-based power washing franchise recently turned to SouthStar Capital to overcome early-stage cash flow challenges and scale operations. The franchise secured major contracts with national facilities management companies. However, standard Net 30–60 payment terms—paired with significant upfront investments in...

City National Bank appointed Chris Edmonds as executive vice president, head of commercial and national corporate banking, where he will lead the strategy and execution across the bank’s middle market and large corporate client segments nationwide. In this role, he...