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Amerisource Business Capital Closes $2MM Working Capital Facility for Candy Manufacturer
Amerisource Business Capital closed and funded a $2,000,000 working capital facility for a candy manufacturer based in Utah. The proceeds will support the company’s ongoing growth and enable it to meet increasing market demand. Courtney Mark, Market Manager at Amerisource, provided insight into the...
Bank of America Names Garand as Worcester President
Bank of America named Michael Garand as President of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and the full power of Bank of America. Garand succeeds...
Utica Equipment Finance Completes $3.5MM Capital Lease with Concrete, Masonry Recycling Company
Utica Equipment Finance completed an equipment refinance transaction totaling $3,500,000.The $3,500,000 capital lease to a concrete and masonry recycling company in Michigan, is secured by crushing equipment, construction equipment and trucks. Utica's funding was used to refinance the company's...
eCapital Appoints Shearer as SVP, Channel Sales
eCapital announced the appointment of Matthew Shearer as Senior Vice President of Channel Sales. This strategic move aims to expand eCapital's reach by embedding its financing solutions within third-party platforms and digital marketplaces. “We are pleased to welcome Matt to our team," said Marius...
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
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