Siena Lending Group and Siena Healthcare Finance combined to provide $63 million in new facilities during Q1/20.
Siena Lending Group specifically provided $51 million across five transactions while Siena Healthcare Finance provided $12 million across two transactions.
“In these challenging times, we understand the need to act quickly and help communities pull together,” Dave Grende, president and CEO of Siena Lending Group, said. “We provided one client, a distillery, with an overadvance to produce and donate an incredible 25 tons of hand sanitizer. Another client, an ornament manufacturer, is now producing personal protective equipment. Amid this pandemic, we will continue to be a trusted partner to our referral sources as well as our clients.”
