Sessions Named New President of BofA Business Capital

Karen Sessions has been named president of Bank of America Business Capital, succeeding Jeff McLane, who was named U.S. Regional Commercial Credit Executive at Bank of America Merrill Lynch.

BofA Business Capital Provides $40MM ABL to Bridgewater Interiors

Bank of America Business Capital has provided a $40 million asset-based revolving credit facility to Bridgewater Interiors, a supplier of seating and overhead systems to automotive OEM customers.