Lovett Joins Siena as Director of Southwest Originations

Suzanne Lovett joined Siena Lending Group as director of Southwest Originations in Dallas, TX. In her new role, Lovett will be responsible for originating, structuring, and funding ABL solutions with commitment amounts up to $35 million.

Siena Lending Closes $7.5MM Revolver for Seitz

Siena Lending Group completed a $7.5 million revolving credit facility for Seitz.

Siena Closes $7MM Revolver for Lime Crime

Siena Lending Group completed a $7 million asset-based revolving credit facility for Lime Crime. The facility will be used to support the company’s working capital needs and continued growth.

Siena Lending Group Hires Singer as SVP/Relationship Manager

Renee Singer joined Siena Lending Group as senior vice president, relationship manager.

Siena Closes $20MM Revolving & Term Loan Facility for Deleet

Siena Lending Group completed a $20 million revolving credit and term loan facility for Deleet Merchandising.

Siena Closes $5.5MM Revolver for Magnuson Products

Siena Lending Group closed a three-year $5.5 million asset-based revolving credit and term loan facility for Magnuson Products, a women-owned business in the specialty auto parts manufacturing and distribution industry.

Siena Closes $6MM Revolver for uSell.com

Siena Lending Group completed a $6 million revolving credit facility for uSell.com.

Commercial Finance Association Announces Name Change Seventy-Four-Year-Old Trade Association Rebranding as Secured Finance Network

During its 74th Annual Convention in San Diego, the Commercial Finance Association announced it will rebrand in 2019 as Secured Finance Network.

Siena Provides $12MM Revolver for New Age Beverages

Siena Lending Group provided a $12 million revolving credit facility to New Age Beverages. The facility was used to support the company’s inventory requirements and growth plans and to refinance existing senior debt.

Siena Closes $12MM Credit Facility for Bolttech Mannings

Siena Lending Group completed a $12 million revolving credit and term loan facility for Bolttech Mannings.