Salem Five Bank provided a $6 million revolving line of credit to Arocam Sports, a Massachusetts-based operator of youth sports apparel, footwear, and equipment businesses. The revolving facility is designed to support seasonal working capital and...
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December 16, 2025, 08:12 AM
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Salem Five Bank, a full-service financial services organization with over $8B in assets, provided an asset-based revolving line of credit facility to a precision manufacturing company in Massachusetts. This financial package was designed to support...
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December 04, 2025, 08:00 AM
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Salem Five Bank, a full-service financial services organization with over $8B in assets, provided a credit facility to BWD Technologies (Blanking Without Dies), representing the first asset-based lending (ABL) initiative from its new Business Credit...
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July 23, 2025, 08:15 AM
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Salem Five has hired Keith Broyles, an experienced banker, to lead the asset-based lending (ABL) initiative, which is new to the organization.Broyles, who began his banking career in 1990, has been named Senior Vice President in charge of the new...
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March 07, 2025, 08:00 AM
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