Pathward Archives - ABFJournal

Small Businesses Appear Optimistic About Growth Despite Critical Cash Flow Issues

Pathward released its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70% consider themselves to be in growth mode. Based on a survey of 1,000 small business owners and executive decision-makers, the report aims to uncover their financing […]

Pathward Hires Osborn as Senior Managing Director of Working Capital

Pathward hired Andrew Osborn as senior managing director of working capital, according to a LinkedIn post from Osborn. Osborn previously spent five years as executive vice president and director of sales at ENGS Commercial Capital.

January 19, 2024 Andrew Osborn | Pathward Ian Koplin

Phoenix IB Assists in Pathward’s $10MM Loan Package to Congoleum

Phoenix IB, a part of J.S. Held, a middle-market special situations investment bank and independent licensed broker-dealer under federal and state securities law, acted as the financial advisor and investment banker to Congoleum Acquisition in arranging, structuring and negotiating a $10 million loan package with Pathward.

Briar Capital and Pathward Provide $23.9MM ABL & Real Estate Loan Facility to Concrete Company

Briar Capital Real Estate Fund and Pathward simultaneously closed loan facilities totaling $23.9 million to a precast concrete company with manufacturing facilities in Houston and San Antonio.

November 14, 2023 Briar Capital Real Estate Fund | Jill Kirshenbaum | John Trendell | Pathward Ian Koplin

Pathward and TabaPay Deepen Partnership

Pathward, a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, expanded its partnership with TabaPay, a money movement platform for merchants and fintech brands.

October 27, 2023 Manoj Verma | Pathward | TabaPay | Will Sowell Ian Koplin

TAB Bank Increases and Extends Revolving Credit Facility with nFusion Capital Finance

nFusion Capital Finance entered into a multi-year senior bank facility with TAB Bank and participating banks Zions Bank and Pathward. The line more than doubles the size of the company’s existing revolving credit facility and supports the company’s long-term expansion strategy.

Pathward Teams Up with Propel Holdings to Add New Line of Credit to Consumers

Pathward is adding a new line of credit to open access for credit challenged consumers. The new Pathward line of credit can provide credit solutions to an underserved population in a responsible way.

June 21, 2023 Anthony Sharett | Clive Kinross | Pathward | Propel Holdings Ian Koplin

Pathward Reveals New Brand Identity Following Name Change from MetaBank

Pathward, a financial empowerment company, unveiled its new corporate brand and the launch of the company’s new website, Pathward.com. This follows the company’s name change from MetaBank earlier this year.

October 5, 2022 Anthony Sharett | Brett Pharr | MetaBank | Pathward Ian Koplin

Crestmark Adds New Members to Sales Team, Promotes Allman to Lead Western Region Sales

Crestmark added Richard Bollinger and William Houng Jr. to the sales team for Crestmark Equipment Finance and Robert Abraham, Andrew Disch and Nicholas Wagner to the sales team for its working capital group. In addition, the company promoted Dean Allman to western region sales manager.

Crestmark Provides More Than $33MM in ABL and Factoring Solutions in June

Crestmark, the commercial finance division of Pathward, secured a total of $33,772,677 in asset-based lending and factoring financial solutions for 23 new clients in the June.

August 1, 2022 Crestmark | Crestmark Equipment Finance | Pathward Ian Koplin

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