Customers Bank promoted Andrew Bowman to senior executive vice president and member of the office of the chair. Bowman leads a team of more than 50 financial professionals involved in credit underwriting, loan work-out, collections, appraisals, environment orders and reviews.
Customers Bank appointed Oleg Karaman and Daniel Topple to a new banking group in its Private and Commercial Banking Division’s New York Metro Market.
Gladstone Investment reduced its credit facility from $185 million to $165 million. KeyBank served as administrative agent for a group of lenders including Alostar Bank of Commerce, M & T Trust, East West Bank, Chemical Bank and Customers Bank.
Fora Financial closed a $52.5 million senior revolving credit facility with a bank group led by AloStar Capital Financing serving as sole lead arranger and administrative agent.