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News Stories (78 Results) - Sterling National Bank

Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $15,000,000 to Baron Finance California Inc. The credit facilities will provide financing for working capital for the company going forward.Founded... Read Story
November 06, 2019, 08:50 AM


Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $32,000,000 to Butler America Holdings Inc.Founded 46 years ago, Butler is a provider of outsourced specialty staffing services to large and... Read Story
October 09, 2019, 08:55 AM


Sterling Bancorp announced its principal subsidiary, Sterling National Bank, has entered into a definitive agreement to acquire a portfolio of middle market commercial equipment finance loans and leases from Santander Bank, N. A.As of Sept. 30, the... Read Story
October 08, 2019, 08:55 AM


Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $14,500,000 to Living Well Lodges Management Company, LLC.Living Well is comprised of 3 assisted living facilities located in Florida. These... Read Story
September 04, 2019, 08:55 AM


Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $15,500,000 to Wing Inflatables, Inc. The credit facilities provide financing for a strategic acquisition and will provide working capital for the... Read Story
August 07, 2019, 08:57 AM


Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $35,000,000 to finance the acquisition of Alex Apparel Group, Inc. by affiliates of Versa Capital Management, LLC.Established in 1989, Alex Evenings... Read Story
July 10, 2019, 08:45 AM


Sterling National Bank provided senior secured credit facilities totaling $20 million to Digirad Health Inc. Founded in 1985, Digirad and its subsidiaries develop, manufacture, assemble, sell, service, rent and/or lease diagnostic imaging equipment... Read Story
June 05, 2019, 08:27 AM


Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced that it has entered into a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank. As of December 31... Read Story
January 24, 2019, 07:37 AM


Sterling National Bank provided senior secured credit facilities to Pure Wafer Reclaim Services, LLC in support of Edgewater Capital Partners' acquisition of the company. Headquartered in San Jose, CA, Pure Wafer is currently the largest U.S.-based... Read Story
October 23, 2018, 08:03 AM


Sterling National Bank announced four key additions to its Specialty Finance team. Sharon Bender and Dennis Phelps join as Senior Vice Presidents and Managing Directors of Asset Based Lending. Both will leverage more than two decades of experience... Read Story
October 05, 2018, 08:00 AM


Sterling National Bank provided an undisclosed amount of senior secured credit facilities to Jay Import Company, Inc. Founded in 1950, Jay Import is an importer and nationwide distributor of fine and casual dinnerware: crystal stemware, table... Read Story
August 24, 2018, 07:08 AM


Sterling National Bank provided senior secured credit facilities totaling $6,000,000 to Honest Kitchen, Inc. Established in 2002, Honest Kitchen is a pet food manufacturer located in San Diego, CA that specializes in making human-grade dog and cat... Read Story
July 24, 2018, 07:11 AM


Sterling National Bank welcomed two new team members in its New York Metro Market. Paul Keshian joins as Senior Managing Director and Senior Vice President, responsible for commercial real estate and multifamily relationships. Keshian most recently... Read Story
July 23, 2018, 07:13 AM


Sterling Bancorp and Sterling National Bank announced key additions to its Community Banking team focusing on the New York metropolitan area. Tammy Leisen joins Sterling’s Community Banking team reporting to EVP, Vincent DeLucia as Senior Managing... Read Story
July 12, 2018, 07:12 AM


Sterling National Bank provided senior secured credit facilities totaling $6,288,000 to Astro-Tek Industries LLC. Established in 2006, Astro-Tek is a distinct precision tooling manufacturing company that primarily manufactures parts and equipment... Read Story
June 19, 2018, 07:09 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Lawrence "Larry" Cannariato has joined the bank's Asset-Based Lending division as Vice President - Senior Underwriting Manager. He will report to Michael Haddad... Read Story
June 06, 2018, 07:09 AM


Sterling National Bank provided credit facilities totaling $5.7 million to LCP Machine, LLC to support the acquisition of LCP Machine by White Wolf Capital. In addition to the acquisition, the facility will also be used by the company to expand their... Read Story
May 23, 2018, 07:08 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Fred Weesner has joined the bank's Asset-Based Lending department as Managing Director, Originations. He will report to Doug Motl, National Marketing Manager, Asset... Read Story
May 03, 2018, 07:13 AM


Sterling National Bank  announced several key additions to its Commercial Banking and Commercial Finance businesses.In its Melville, Long Island office, the bank welcomes several new members to the Commercial Banking Team, focused on generating... Read Story
April 16, 2018, 07:15 AM


Sterling National Bank provided senior secured credit facilities totaling $10,600,000 to Donsco, Inc. Founded in 1906, Donsco manufactures and sells machined iron castings out of two foundries. Located in Wrightsville, PA, Donsco makes manifolds... Read Story
March 14, 2018, 07:15 AM


Sterling Bancorp,  through its principal subsidiary, Sterling National Bank, announced that it has entered into a definitive agreement to acquire Advantage Funding Management Co., Inc., a provider of commercial vehicle and transportation financing... Read Story
March 07, 2018, 07:20 AM


Sterling National Bank provided senior secured credit facilities totaling $40,000,000 to SDI, Inc.  Founded in 1971 and Headquartered in Bristol, PA, SDI provides solutions for all aspects of the maintenance, repair and operations (MRO) supply chain... Read Story
February 14, 2018, 07:18 AM


Sterling National Bank announced the addition of six new bankers across core business units, highlighting the forward momentum and growth of the bank, both regionally and across key service lines.On Long Island, Sterling has bolstered its team with... Read Story
January 05, 2018, 07:07 AM


Sterling National Bank provided senior secured credit facilities totaling $17,000,000 to Cellucap Manufacturing Co. Established in 1954, and headquartered in Philadelphia, Cellucap manufactures a full range of disposable protective headwear and... Read Story
November 14, 2017, 07:16 AM


Sterling National Bank announced that Priti Capoor-Savage has joined the bank as a Managing Director and Senior Vice President in its Iselin, New Jersey office. Capoor-Savage will be reporting directly to Robert Koar, Senior Managing Director at... Read Story
November 13, 2017, 07:42 AM


Sterling National Bank announced that Daniel Liberty has joined the bank as Senior Managing Director and Senior Vice President in its Melville, Long Island office. Liberty will report directly to Ed Blaskey, Executive Vice President and Long Island... Read Story
November 09, 2017, 07:08 AM


Sterling National Bank announced that Sean Umhafer has joined the bank as Senior Managing Director and Senior Vice President. Umhafer will be based in Sterling’s Melville, Long Island office and report to Ed Blaskey, Executive Vice President and Long... Read Story
November 02, 2017, 07:38 AM


Sterling National Bank announced that Lisa Congemi-Doutney has joined the bank as Vice President and Managing Director in its Melville, Long Island office. Congemi-Doutney will be reporting to Dan Liberty, Senior Vice President and Senior Managing... Read Story
October 30, 2017, 07:17 AM


Sterling National Bank announced that Ari Klein has joined the bank as Senior Managing Director and Senior Vice President in its Paramus, New Jersey office. He will be reporting directly to team leader Brenda Wiener, Senior Managing Director... Read Story
October 27, 2017, 07:03 AM


Sterling National Bank and the New York Jets have announced a new, multi-year partnership naming Sterling the “Official Commercial Bank of the New York Jets.”The partnership unites two recognizable brands with deep roots in the New York metro region... Read Story
October 24, 2017, 08:01 AM


Sterling National Bank announced that Sean Winchester has joined the bank as Vice President and Managing Director of Commercial Banking. Winchester will be based at Sterling’s Melville office and report to Bob Bernard, Senior Vice President and... Read Story
October 23, 2017, 07:02 AM


Sterling National Bank provided senior secured credit facilities totaling $25,000,000 to National Entertainment Network, LLC.Founded in 1988, NEN is a leading amusement vending service provider who partners with retailers, grocery stores, and... Read Story
October 16, 2017, 07:24 AM


White Oak Commercial Finance, LLC (WOCF) an affiliate of White Oak Global Advisors, LLC and its institutional clients, announced that it had bolstered its Asset-Based Lending team with the appointment of commercial financing veteran Mignon Winston to... Read Story
September 21, 2017, 07:20 AM


Sterling National Bank provided credit facilities totaling $19 million to Alex Apparel Group (Alex Apparel) to complete its acquisition of Sally Lou Fashions Corp. In addition to the acquisition, the facility will be used by the company to provide... Read Story
September 19, 2017, 07:17 AM


Sterling National Bank announced that it has named Elvis Grgurovic as Vice President and Managing Director of Commercial Banking. Grgurovic, who will be based in Sterling's White Plains office and report to Senior Managing Director Joe Giamartino... Read Story
August 14, 2017, 07:56 AM


Sterling National Bank announced that Peter Welch and Bob Bernard have joined the bank's Long Island office in Melville, New York. Both were given the titles of Senior Vice President and Senior Managing Director, and will be reporting directly to Ed... Read Story
August 01, 2017, 08:00 AM


Sterling National Bank announced that it has named Luis Rivera as Vice President and Associate Managing Director of its Attorney Services Group. Rivera will be based in Sterling’s White Plains office and report to Larry McElroen, the Attorney... Read Story
July 31, 2017, 07:32 AM


People’s United Bank announced that Michael J. Reilly has joined People’s United Business Capital (PUBCAP) as Senior Vice President, responsible for new business originations in the Connecticut, Westchester and Long Island regions. Reilly will be... Read Story
July 28, 2017, 07:10 AM


Sterling Bancorp, of which the principal subsidiary is Sterling National Bank, announced that it has named Christina M. Favilla Chief Operating Officer, reporting to Jack Kopnisky, President and CEO. Favilla will be responsible for evolving the... Read Story
July 11, 2017, 07:39 AM


Sterling National Bank announced that it has named Donna Lillie, VP and Managing Director of Municipal Banking. In making the appointment, Vincent DeLucia, President of Community Development Banking cited Sterling National Bank’s continued focus on... Read Story
June 30, 2017, 07:30 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Kevin King has joined the bank’s Public Sector Finance team. King will lead the team as Senior Managing Director, reporting to Tom Geisel, Sterling’s EVP and... Read Story
June 20, 2017, 07:24 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp , announced that Judy Diamant has joined its Municipal & Non-Profit Banking Team as Vice President and Managing Director. Diamant will be based at Sterling’s Yonkers office and will... Read Story
May 02, 2017, 07:33 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Thomas Holt has joined its Commercial Banking team as Senior Vice President and Managing Director. Holt will be based at Sterling's Paramus office and will report to... Read Story
April 24, 2017, 07:12 AM


Sterling National Bank announced that Daniel Topple and Oleg Karaman have joined its Commercial Banking Team as Senior Managing Directors and Team Leaders. They will be based at Sterling’s Manhattan office and will report to David S. Bagatelle... Read Story
April 18, 2017, 08:03 AM


Signature Bank announced the appointment of a new four-person team, based out of the Bank’s private client office in White Plains, N.Y. The team, led by Michael Maloney and Nick Mucilli, each of whom were named Group Director and Senior Vice... Read Story
April 18, 2017, 07:20 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp announced that Robert Mocerino has joined the bank as a Managing Director in the Specialty Finance Division. He will be reporting directly to Adam Dejak, SVP of Sales.Mocerino will... Read Story
April 13, 2017, 08:00 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that it has provided senior secured credit facilities totaling $26,000,000 to Wafer Holding Company LLC. Founded in 2008, Wafer provides services related to the... Read Story
April 11, 2017, 06:30 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that it has provided a credit facility totaling $25.2 million to Newburgh CORe Neighborhood Revitalization, an affordable housing initiative in Newburgh, NY. The credit... Read Story
April 10, 2017, 07:18 AM


Lincoln Educational Services Corporation announced it has completed a new $55 million secured revolving credit facility with Sterling National Bank. The new credit facility, which expires in May 2020, replaces an existing $45 million term loan that... Read Story
April 07, 2017, 07:09 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp,announced that it has provided a credit facility totaling $15.7 million to West Farms Apartments, an affordable housing initiative in the Crotona Park East/East Morrisania section... Read Story
March 03, 2017, 07:01 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp (STL), announced that Jan Hanssen has joined the bank's Asset-Based Finance department as Managing Director, Originations. He will report to Michael Haddad, Division President of... Read Story
February 02, 2017, 08:00 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Steven Goldberg has joined the bank's Public Finance team as Managing Director and Vice President, covering the western portion of the US. Steven will be based in... Read Story
January 17, 2017, 07:24 AM


Sterling National Bank announced Joe Giamartino has joined the bank's Westchester commercial banking team as Senior Managing Director and Senior Vice President.Giamartino will help drive the bank's growth across the middle market, focusing on... Read Story
November 03, 2016, 07:28 AM


Sterling National Bank announced today that Terry O'Grady has joined as Managing Director. He will be leading the sales effort for the Asset Based Lending Group in the Midwest Region, providing asset-based and commercial loans to middle market... Read Story
August 22, 2016, 08:11 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Stephen Altneu has joined the organization as Managing Director of its asset-based lending business. In his new role, Altneu will be responsible for overseeing... Read Story
August 18, 2016, 07:46 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp (STL), announced Mark R. Smith, has joined as managing director. He will be responsible for expanding Sterling's presence with middle-market companies in New Jersey and will be... Read Story
August 16, 2016, 07:45 AM


Sterling National Bank announced Robert W. Koar, has joined as senior managing director.  He will lead a team of relationship managers dedicated to providing commercial banking services to middle-market companies in New Jersey.  The addition of Koar... Read Story
July 22, 2016, 07:55 AM


AMERI Holdings, Inc., a SAP-based strategy consulting firm that brings synergies of classic technology consulting and product-based technology consulting services to its customer base,announced that on July 1, 2016 it closed a $10 million credit... Read Story
July 07, 2016, 07:59 AM


GE has entered into separate agreements with three buyers to sell the bulk of GE Capital’s U.S. restaurant franchise financing assets. The combined transactions represent ending net investment (ENI) of approximately $1.4 billion as of first quarter... Read Story
June 28, 2016, 07:54 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it provided $26 million in senior secured credit facilities to support the acquisition of Learn It Systems by LLR Partners. Learn It Systems is a provider of autism... Read Story
May 20, 2016, 07:45 AM


Triumph Business Capital, member of the Triumph Bancorp, Inc. group and provider of invoice factoring solutions to small- and medium-sized businesses, announced the addition of Carol Apicella as Vice President, Business Development Officer. She will... Read Story
April 06, 2016, 08:02 AM


Rosenthal & Rosenthal, Inc., a leading private commercial finance company specializing in factoring and asset-based lending, announced the appointment of Robert Schnitzer as Senior Vice President. In his role, Schnitzer will be responsible for... Read Story
April 04, 2016, 08:07 AM


NewStar Financial Inc. announced the sale of its asset-based lending subsidiary, NewStar Business Credit LLC (“NSBC”),  to Sterling National Bank, a wholly owned subsidiary of Sterling Bancorp for approximately $112 million in cash, net of debt... Read Story
April 01, 2016, 07:54 AM


Sterling National Bank announced that Vincent (Vince) Maine has joined the Bank as Senior Managing Director to lead its newly-established Community Development Banking team. The new team expands the Bank's Community Reinvestment Act (CRA) initiative... Read Story
December 23, 2015, 07:39 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Scott Morello has joined as Managing Director. Morello will provide financing solutions to middle-market commercial clients in the NY Metro region."Scott Morello's... Read Story
December 01, 2015, 07:57 AM


Sterling National Bank announced Ernest Pelli has joined its asset-based lending division as managing director. Pelli will serve middle-market commercial companies across the country, with particular emphasis on manufacturing, wholesale operations... Read Story
November 10, 2015, 08:01 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it has hired Jim Gelwicks as Senior Managing Director and Yan Cheng as Senior Vice President to lead its newly formed Syndication Banking team. The team will focus on... Read Story
October 09, 2015, 08:01 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, has established a commercial banking team dedicated to providing senior-secured financing to middle market healthcare companies on a national scale. The new team, formed with the... Read Story
October 06, 2015, 08:03 AM


Crestmark Bank announced Steve Turkish has been promoted to director of the bank’s Trade Services Division. In this role, Turkish will lead and develop talent within the division, and expand Crestmark’s footprint within the consumer products market... Read Story
October 06, 2015, 07:29 AM


Sterling National Bank announced the addition of Marc Weiss to one of its commercial banking teams as Managing Director. In this role, he will focus on delivering creative and personalized commercial lending solutions to middle- market clients across... Read Story
September 02, 2015, 07:41 AM


Sterling National Bank announced today that Mignon Winston and Mark Long have joined the Bank's Asset Based Lending division, each as First Vice President and Portfolio Manager. Winston and Long will be based in New York City and provide financing... Read Story
June 17, 2015, 07:57 AM


Sterling National Bank announced the appointment of Thomas X. Geisel as Executive Vice President and President of Specialty Finance.Geisel will lead Sterling's specialty finance teams which include Asset Based Lending, Factoring and Trade Finance... Read Story
April 28, 2015, 07:57 AM


North Mill Capital announced the hiring of Larry J. Kamin, SVP.  Kamin will assume the role of Account Executive as Bob Flynn has retired.  Kamin has over 30 years of lending experience.  Most recently Kamin was a Managing Director and Relationship... Read Story
April 02, 2015, 07:25 AM


TD Bank  has named Richard (Rich) Bochicchio as Managing Director-Business Development in Asset Based Lending. Based in Wilton, CT, he is responsible for developing new and expanding existing ABL relationships across the Metro NYC market.Bochicchio... Read Story
March 25, 2015, 08:03 AM


Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced seven new additions to its relationship banking teams servicing commercial middle-market clients, as part of its ongoing effort to invest in high-growth areas and deliver... Read Story
July 01, 2014, 07:44 AM


Kid Brands, Inc. announced that it plans to pursue a sale of substantially all of the assets of the company, or one or more of its subsidiaries, facilitated through the filing of voluntary chapter 11 petitions in the United States Bankruptcy Court... Read Story
June 20, 2014, 07:37 AM


Provident New York Bancorp and Sterling Bancorp announced they have entered into a definitive merger agreement in a stock-for-stock transaction valued at $344 million, based on the closing price of Provident New York Bancorp common stock on April 3... Read Story
April 04, 2013, 08:13 AM


Robert Schnitzer has joined North Mill Capital as senior vice president and business development officer. Bob brings over 30 years of asset-based lending experience to North Mill Capital having spent 11 years with Sterling National Bank's ABL... Read Story
February 21, 2013, 07:47 AM