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Capital One announced that Wendy Segal has joined as Managing Director and Market Manager for the New York Metro Regional Commercial Banking group. Wendy will report to Lou Mastrianni, Head of Northeast Regional Commercial Banking.Wendy has over 30 years of diverse experience in commercial banking and is known for providing strategic advice and financial solutions to middle market and Fortune 1000 public and private companies. She joins Capital One after two and a half years as New York Market Read Story

April 04, 2019 @ 09:16 AM

Kabbage, Inc., a global financial services, cash flow technology and data platform for small businesses, closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for $700 million.The most senior class of the five-tranche transaction earned a AA(sf) rating from Kroll Bond Rating Agency, representing the highest ABS rating earned by a small business online lending platform for a three-year facility. The transaction also reduces the company's cost of Read Story

Filed Under: FinTech
April 08, 2019 @ 08:45 AM

Encina Business Credit, LLC (EBC) announced that Jim B. Allin has joined the company as Managing Director to lead origination efforts in Texas and Louisiana. Allin has more than 35 years of experience in asset-based lending and international commercial banking. He previously served as the head of the Asset Based Lending and Commercial Factoring for TBK Bank and has held the position of business development/origination officer for a variety of banks and non-regulated institutions.Allin also has Read Story

April 04, 2019 @ 09:10 AM

Fundbox, a Fintech company dedicated to simplifying the way businesses pay and get paid, announced the opening of a new Dallas-area office to support the company’s rapid expansion. Fundbox will have a temporary office located at 7250 Dallas Pkwy, Plano, TX until the final office location is selected.  The new office will initially support sales, customer success, customer support, and collections but will grow over time to support additional core functions.“We are truly excited to welcome Read Story

Filed Under: New Office
April 08, 2019 @ 09:05 AM

Great American Group Advisory & Valuation Services, LLC (Great American Group Appraisal), a leading provider of advisory and valuation services and a wholly owned subsidiary of B. Riley Financial, Inc., announced Stephen Shelton has joined as Managing Director with the firm’s appraisal business. He is based in New York.Shelton brings over 30 years of experience in banking, investment banking and financial consulting, specializing in asset-based lending, structured finance, investment banking Read Story

April 05, 2019 @ 09:05 AM

2019-04-18 12:20