Sterling Provides $5.7MM LCP Machine Facility to Support Acquisition

Sterling National Bank provided credit facilities totaling $5.7 million to LCP Machine to support its acquisition by Miami-based private equity firm, White Wolf Capital.

US Bank Manager Hanssen Joins Sterling ABF Team

Jan Hanssen joined Sterling National Bank’s Asset-Based Finance department as managing director of Originations. He will report to Michael Haddad, division president of Asset-Based Lending.