WebBank Appoints Cannon SVP and Chief Operations Officer

WebBank appointed Erik Cannon senior vice president and chief operations officer. Cannon joined WebBank in 2016 and was most recently senior vice president of due diligence and implementation and general manager of National Partners, the bank’s insurance premium finance subsidiary.  

March 22, 2024 Erik Cannon | Jason Lloyd | WebBank Phil Neuffer

WebBank Names Asadi SVP – Head of Asset Finance

WebBank appointed Eraj Asadi senior vice president and head of asset finance. In his new role, Asadi will be responsible for leading the asset finance team in the expansion, management and strategy of the bank’s asset finance platform.

January 26, 2023 Eraj Asadi | Jason Lloyd | WebBank Ian Koplin

WebBank Appoints Hardy SVP of Business Development

WebBank appointed Kelsey Hardy senior vice president of business development. In her new role, Hardy will be responsible for leading WebBank’s business development team in sourcing and structuring new strategic partner programs.

January 20, 2023 Jason Lloyd | Kelsey Hardy | WebBank Ian Koplin

WebBank Provides Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate

WebBank provided a new senior secured, asset-backed revolving credit facility to an affiliate of Libertas Funding. WebBank is the sole arranger and lender under the facility.

September 16, 2021 Jason Lloyd | Libertas Funding | Randy Saluck | WebBank Ian Koplin

WebBank and Synovus Upsize AB Private Credit Investors’ Revolver by $50MM

WebBank partnered with Synovus Bank’s specialty finance division to provide an additional commitment for an asset-based revolving credit facility for AB Private Credit Investors. The additional commitment upsized the original facility from $100 million to $150 million.

June 4, 2021 AB Private Credit Investors Corporation | AllianceBernstein | Jason Lloyd | Jonathan Rosen | Synovus Bank | Synovus Financial | WebBank Ian Koplin

Stratos Secures Participation from WebBank for Asset-Based Revolving Credit Facility

Stratos Technologies secured leverage through a first-out participation structure with WebBank in an asset-based revolving credit facility to one of its financial technology portfolio clients.

March 11, 2021 Jason Lloyd | Rennick Palley | Stratos Technologies | WebBank Phil Neuffer