Webster Earns Four Eagle Awards from SBA
Webster Bank’s partnership with the U.S. SBA has been honored with four 2015 SBA Eagle Awards.
Webster Bank’s partnership with the U.S. SBA has been honored with four 2015 SBA Eagle Awards.
Webster Bank announced that Stephen Weiss, has joined is Commercial Bank as SVP, senior relationship manager, government and institutional banking.
Telecom service provider FirstLight has secured an expanded line of credit with its lenders GE Capital and Webster Bank.
Webster Bank promoted Bruce Wandelmaier as EVP, treasurer.
Webster Bank provided a $13.49 million senior facility to The City of Newark.
Webster Bank announced Scott Meves as its new SVP, commercial banking and regional president for the greater Philadelphia area. Meves joins from Brown Brothers Harriman where he was SVP and group manager.
GTT announced expansion of its senior credit facilities, and increase of its revolving line of credit to $7.5 million from $5 million. Webster served as lead arranger and administrative agent.
Southern Theatres announced that it acquired Movie Tavern. GE Capital, Webster Bank, Capital One and CIT are providing financing for the transaction.
Tech Valley Communications secured a new debt facility through GE Capital, with Webster Bank as the co-lender. Proceeds will be used for M&A activities, network expansion and new service rollouts.
Griffen Land & Nurseries said it closed on a new $12.5 million revolving line of credit with Webster Bank. The line replaces an expiring revolver of the same amount with Doral Bank.