Sterling National Bank's Asset Based Lending and C&I Groups joined forces to provide a Commercial Mortgage loan in the amount of $4,650,000 and an ABL Revolving Line of Credit totaling $30,000,000 to Reliance Communications, LLC and Orbic North...
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January 18, 2022, 07:57 AM
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Sterling National Bank's Asset Based Lending Group provided a senior secured credit facility totaling $25,000,000 to a technology driven freight logistics company. The credit facility is to provide working capital for the company’s ongoing operations...
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December 09, 2021, 07:35 AM
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Sterling National Bank's Asset Based Lending Group provided a secured revolving line of credit totaling $40,000,000 to a crane services company. The credit facilities will provide refinancing of existing debt and support the company’s anticipated...
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November 04, 2021, 07:46 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that John R. Saffioti, Jr has joined the bank’s Capital Finance division as Underwriter, Asset Based Lending. He will report to Dave Viggiano, ABL Business Leader...
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October 21, 2021, 07:52 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Brett Crabtree has joined the bank’s Asset Based Lending division as Managing Director, ABL Originations. He will report to Dave Viggiano, Business Leader, Asset...
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September 23, 2021, 07:36 AM
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Sterling National Bank's Asset Based Lending Group increased total senior secured credit facilities from $22,000,000 to $29,940,000 for a nationwide equipment rental company that has been a client since 2016. The credit facilities will be used to...
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August 12, 2021, 07:17 AM
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Sterling National Bank announced that Mark Metsky has joined the bank’s Capital Finance division as Director, Portfolio Management, Asset Based Lending. He will report to Mark Long, Managing Director, Asset Based Lending Portfolio Management at...
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July 09, 2021, 07:51 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Larry Swinney has joined the bank’s Capital Finance division as Managing Director, Asset Based Lending - Originations. He will report to Dave Viggiano, ABL Business...
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June 25, 2021, 07:55 AM
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Sterling National Bank's Commercial Services Group provided senior secured credit facilities totaling $750,000 to Memories Apparel, Inc. The credit facilities will be used to provide working capital for the company’s anticipated future growth.Formed...
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June 24, 2021, 07:00 AM
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Sterling National Bank's Asset Based Lending Group collaborated with Sterling’s Syndications Group to structure an $80,000,000 syndicated ABL line of credit among three lenders to an electronics distributor. The credit facilities will be used to...
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May 06, 2021, 07:07 AM
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $14,240,000 to W5 Group. The credit facilities are a renewal of the Company’s existing relationship with Sterling, which began in 1933....
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April 15, 2021, 07:51 AM
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities to AVA Companies. The credit facilities are a renewal of the Company’s existing relationship with Sterling, which began in 2009.Founded in 1984 in Brooklyn...
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April 09, 2021, 07:45 AM
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $25,000,000 to an End-to-End IT Solutions provider in the Midwest. The credit facilities will provide refinancing of existing debt as well as...
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February 25, 2021, 07:24 AM
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $20,000,000 to Canadian Bearings Ltd. The credit facilities will provide refinancing of existing debt as well as working capital for the company...
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October 30, 2020, 08:30 AM
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