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News Stories (14 Results) - Webster Business Credit

Webster Business Credit recently provided a $10,000,000 Senior Secured Credit Facility to Tecogen, Inc. for future working capital and to refinance an existing debt.Tecogen designs, manufactures, markets and maintains highly efficient and ultra clean... Read Story
May 10, 2018, 07:16 AM

Webster Bank announced that Christopher Motl, executive vice president, Middle Market Banking has been promoted to executive vice president, head of Commercial Banking.  In his new role, Motl will lead all Commercial Banking business units:  Sponsor... Read Story
January 05, 2017, 07:45 AM

Webster Bank, a leading regional bank, announced today that Webster Bank Business Credit (WBCC), its regional asset-based lending subsidiary based in New York City, continued its strategic initiative to expand geographically by opening an office in... Read Story
September 24, 2015, 07:53 AM

Webster Business Credit Corp. has provided a $10MM revolving line of credit to Bachmann Industries.  Bachmann is located in Philadelphia, PA and was founded in 1833.  Originally producing high end accessories, it has over the years diversified into... Read Story
March 26, 2015, 07:52 AM

Rockland Trust announced it has promoted Michael Pandolfi to First Vice President of Asset Based Lending in the Commercial Lending  division. In this role, he is responsible for the origination of asset based lending relationships and the sale of... Read Story
March 05, 2015, 07:50 AM

Webster Business Credit Corp. has provided a $5.3MM revolving line of credit to Richardson Foods. Richardson was founded in 1880 and is a manufacturer of niche branded confectionary products located in Canajoharie, NY.  Proceeds will be used to... Read Story
January 30, 2015, 07:40 AM

Webster Business Credit provided The 100 Mile Fund SWA, LLC with a $10MM revolving line of credit.  The company was formed to provide real estate financing within a 100 mile radius from its headquarters in Englewood Cliffs, NJ.  The facility will be... Read Story
January 12, 2015, 07:11 AM

Webster Business Credit Corporation has provided ADI American Distributors, Inc. ("ADI") with a $14MM credit facility consisting of a revolving credit, term loan and CAPEX line which was used to refinance existing debt and provide working capital for... Read Story
November 05, 2014, 07:17 AM

Webster Business Credit recently provided a $14.65 million senior secured credit facility to Hazen Paper Company to refinance an existing debt and provide on-going working capital and capital expenditure support.Hazen Paper Company, founded in 1926... Read Story
September 29, 2014, 07:44 AM

Webster Business Credit Corporation recently provided a $40 million senior secured revolving line of credit to Active Media Service, Inc. d.b.a. Active International, to refinance an existing facility and provide working capital to further... Read Story
September 18, 2014, 05:54 AM

Salus Capital Partners has named Christopher O’Connor as Executive Vice President, Chief Credit and Administration Officer. In his role at Salus, O’Connor will primarily be responsible for the oversight of underwriting and portfolio management... Read Story
September 04, 2014, 07:33 AM

Sun National Bank has grown its commercial lending team to expand its focus in Central New Jersey.  The bank has appointed Patrick Farrell Senior Vice President and Regional Manager to lead the new territory.  Steven Forleiter has been named Senior... Read Story
June 11, 2014, 07:35 AM

Crestmark announced that it has hired Mark J. Simshauser who will further support small middle-market businesses throughout the Northeast and New England areas while reporting directly to Midwest Regional Sales Manager, Jim Farrell. Located on Long... Read Story
February 20, 2014, 07:34 AM

Signature Bank, a New York-based full-service commercial bank, announced Frank Marsicano was named Vice President/Business Development Officer, joining Robert Love’s recently appointed asset-based lending team. Love, Senior Vice President and Group... Read Story
February 05, 2014, 07:46 AM