FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
 
Wells Fargo Reaches Settlements to Resolve DOJ, SEC Investigations, to Pay $3B
Wells Fargo & Company announced it has entered into agreements with the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) to resolve these agencies’ investigations into the company’s historical Community Bank sales practices and related disclosures. As part of...
2/24/2020
Citibank Agents $350MM Revolving Credit Facility for JetBlue
JetBlue Airways Corp. retained Hughes Hubbard & Reed as counsel for a new $350 million credit and guaranty agreement, with Citibank N.A. acting as administrative agent. The transaction closed on April 23, 2013.The agreement provides for a $350 million revolving loan and letter of credit facility....
2/24/2020
Monticello Provides $12.43MM in Financing for a 165-Bed Skilled Nursing Facility Portfolio
MONTICELLOAM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $12.43 million in first lien debt financing for the acquisition of two skilled nursing properties totaling 165 beds in Tennessee and...
2/24/2020
Sterling National Bank Provides $17.2MM Credit Facility to Construction Equipment Provider
Sterling National Bank's Asset-Based Lending Group provided senior secured credit facilities totaling $17,200,000 to a nationwide construction equipment provider.The transaction was originated by Ken Frank, a Managing Director located in Sterling’s Philadelphia office.
2/24/2020
 
Commercial Finance Licensing Legislation in New York State Merits Watching
Brett P. Garver
Brett Garver of Moritt Hock & Hamroff LLP writes that a proposed NY State law would create a licensing requirement for...
2/7/2020 Topic: Legal Issues
Despite new competitive forces from FinTech-style firms, traditional asset-based...
Latin America is widely recognized by U.S. investors and businesses as a region...
Topic: Accounting
 
What is the APN?
Logo of ABL Advisor's Exclusive Advisor Professional Network
The Advisor Professional Network is a powerful networking engine for commercial finance professionals. Post & view deals, post blogs, connect with peers, create business opportunities!

FREE Membership Benefits:
  • A Vertically Aligned Network
  • Access to Industry Deal Information
  • Create New Relationships