Siena Lending Group completed an $11.75 million secured credit facility for Nilco Enterprises and Dial Lubricants.
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 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 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.