First Citizens Bank’s asset-based lending group, part of the CIT division, provided a revolving credit facility to Signature Brands, a Ocala, FL-based provider of dessert decoration and seasonal celebration products.
CIT, a division of First Citizens Bank, hired Geoffrey Samuels as a business development officer in its Asset-Based Lending business.
Siena Lending Group closed three deals with an aggregate value of $45 million in Q1/21. In addition, Siena Healthcare Finance completed a $35 million deal with a New York-based home health company during the quarter.
Siena Lending Group hired Geoffrey Samuels as vice president of new business originations. In his new role, Samuels will focus on special situations, including Chapter 11, DIP and exit financings. He will report directly to Nick Payne, director of originations for Siena Lending Group.