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...
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April 01, 2016, 07:54 AM
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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...
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November 10, 2015, 08:01 AM
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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...
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October 06, 2015, 08:03 AM
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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...
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June 17, 2015, 07:57 AM
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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...
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April 28, 2015, 07:57 AM
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