Blue Hills Bank closed a new senior credit facility with Magnus Textile, a Chelmsford, MA-headquartered importer and distributor of specialized textile products.
Blue Hills Bank closed a senior credit facility with Franklin Paint, a Franklin, MA-based manufacturer and distributor of traffic and athletic field marking paint, supplies and equipment.
Blue Hills Bank’s ABL team closed a senior credit facility with Marshall Pierce, a Chicago-based retailer of fine timepieces and jewelry.
Blue Hills Bank closed a $2.5 senior credit facility with New England and Northeast Linen Supply, a linen service and uniform rental company serving the Northeast.
When Blue Hills Bank, a 140-year old community bank, decided to start an ABL division, it offered veteran ABL lenders Keith Broyles and Yvonne Kizner the opportunity to build the new division from scratch. The pair jumped at the chance. They spoke with ABF Journal Editor Nadine Bonner and shared their optimism and excitement about this new venture.
Blue Hills Bank hired A. Keith Broyles and Yvonne Kitzner to lead its new Asset-Based Lending initiative. Broyles and Kitzner join from First Niagara Commercial Finance.