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News Stories (33 Results) - CapitalSource

PacWest Bancorp announced that effective June 1, 2018, James J. Pieczynski will be named Vice Chairman.  In this newly created role Pieczynski will continue to work with CEO Matt Wagner to shape the strategic vision and evolution of the Company.... Read Story
May 01, 2018, 07:30 AM

LendingUSA, a point-of-need financing company, has announced that it has secured a $60 million credit facility from CapitalSource, a division of Pacific Western Bank, and a provider of commercial lending and banking solutions. The funding allows... Read Story
December 12, 2017, 07:44 AM

CapitalSource, a division of Pacific Western Bank, and a national middle market lender, announced its role as the sole lender in a recently closed deal with sponsor Stream Data Centers. CapitalSource provided a $44 million construction loan to Stream... Read Story
April 20, 2017, 07:30 AM

PacWest Bancorp and CU Bancorp announced the signing of a definitive agreement and plan of merger whereby PacWest will acquire CU Bancorp in a transaction valued at approximately $705 million.CU Bancorp, headquartered in Los Angeles, CA, is the... Read Story
April 06, 2017, 07:19 AM

Pacific Western Bank (PWB) has launched a Tax-Exempt Lending Group to focus on the capital needs of municipalities, schools and school districts, non-profits and other issuers of tax-exempt debt. This group will add to the bank’s already diverse... Read Story
February 15, 2017, 07:31 AM

DecisionPoint Systems, a leading provider and integrator of Enterprise Mobility and Internet of Things (IoT) solutions, announced it has signed new commercial banking relationships with Union Bank combined with CapitalSource Business Financial Group... Read Story
August 23, 2016, 07:44 AM

The Citco Group of Companies (“Citco”) announced that it has launched Citco Capital Solutions, a capital advisory service that will focus on arranging debt and equity capital for sponsors and investors in alternative investment vehicles. Citco... Read Story
July 26, 2016, 07:09 AM

CapitalSource announced Brett Hewitt has joined CapitalSource’s Corporate Asset Finance team as a senior vice president of originations. He will be based in Austin, TX, and will be responsible for sourcing and originating equipment finance loans in... Read Story
April 28, 2016, 07:20 AM

CapitalSource, a division of Pacific Western Bank, and a national middle-market lender in the technology sector, announced its role as the sole lender in a recent deal with sponsor TA Associates. CapitalSource provided funding for Plusgrade, a... Read Story
November 02, 2015, 07:21 AM

Harvest Capital Credit Corporation has amended its senior secured revolving credit facility with CapitalSource, a division of Pacific Western Bank, and City National Bank to, among other things, extend the revolving period and reduce pricing under... Read Story
September 24, 2015, 07:13 AM

EverBank Business Credit broadens its product offerings in healthcare lending with the recent hiring of Tim King, Managing Director, Healthcare.  King has over 20 years of asset-based lending experience, with the past 14 years dedicated solely to... Read Story
September 21, 2015, 08:04 AM

Strategic Funding Source, Inc., a provider of direct financing to small and midsize businesses, announced that it has closed on a $90 million revolving credit facility. Led by CapitalSource, a division of Pacific Western Bank, the loan agreement... Read Story
July 16, 2015, 07:54 AM

CapitalSource provided a $28.5 million senior term loan to facilitate the acquisition of an assisted living facility by WESTliving.  The facility is comprised of 180 units. Launched in 2009, WESTliving is a Carlsbad, CA based owner/operator  of... Read Story
July 15, 2015, 07:43 AM

CapitalSource announced it has provided a $56.1 million credit facility to Welcov Healthcare to refinance existing debt and provide growth capital to Welcov.  The credit facility includes a senior term loan, cash flow term loan and a revolving credit... Read Story
July 09, 2015, 08:03 AM

NorthStar Alarm Services, LLC, has increased its credit facility to $80 million, doubling its facility since the company’s recapitalization with Bank of America, Goldman Sachs and The Beekman Group, 20 short months ago. Bank of America remains the... Read Story
February 24, 2015, 08:07 AM

Gladstone Capital Corporation reported that Zoltan Berty has joined the company as a managing director in its Los Angeles office and will lead our West Coast efforts focusing on originating debt investments in privately held companies. Prior to... Read Story
October 16, 2014, 07:18 AM

National Funding, one of the country’s largest private lenders of small business loans, announced that on July 31, 2014, the company entered into a Loan and Security Agreement deal with CapitalSource, a division of Pacific Western Bank. CapitalSource... Read Story
September 09, 2014, 07:34 AM

CapitalSource, a division of Pacific Western Bank, provided an additional loan facility to Evolve IP.  Serving again as administrative agent and lead arranger, CapitalSource upsized the existing Evolve IP facility by $14.7 million to  $42.2... Read Story
August 25, 2014, 07:44 AM

Evolve IP has secured a $27.5 million senior secured loan facility with CapitalSource, one of the leading commercial lenders for mid-sized businesses, as the administrative agent and lead arranger. DH Capital, LLC served as exclusive financial... Read Story
May 13, 2014, 07:18 AM

White Oak Global Advisors, LLC announced that Allan Marzen has joined the firm as Managing Director of Originations. Marzen is responsible for originating and underwriting new investment opportunities for White Oak’s private debt funds throughout the... Read Story
May 01, 2014, 07:29 AM

PacWest Bancorp ("PacWest") announced that on April 7, 2014, it completed its previously announced merger with CapitalSource Inc. ("CapitalSource"). CapitalSource Bank, a wholly-owned subsidiary of CapitalSource, merged with and into PacWest's... Read Story
April 09, 2014, 07:22 AM

CAN Capital announced $33 million in funding led by Meritech Capital Partners (Meritech) with increased participation and ownership from existing investor Accel Partners (Accel). Meritech and Accel were joined in the funding round by Ribbit Capital... Read Story
January 10, 2014, 07:21 AM

Opus Bank announced Randall “Randy” Boba has joined Opus Bank’s Healthcare Banking division as First Vice President, Senior Portfolio Manager/Underwriter. He will be responsible for the structuring and underwriting of debt financing solutions... Read Story
January 06, 2014, 08:03 AM

BofI Federal Bank, a subsidiary of BofI Holding, Inc., announced the expansion of its Commercial and Industrial Lending, Lender Finance Division (C&I) under the leadership of Patrick Walsh and Salvatore Salzillo.BofI Federal Bank's C&I lending... Read Story
November 13, 2013, 07:04 AM

Harvest Capital Credit Corporation closed a five-year senior secured credit facility with an initial commitment of $55 million. The credit facility was arranged by CapitalSource Bank, and both CapitalSource Bank and City National Bank are lenders... Read Story
November 01, 2013, 08:03 AM

ExteNet Systems, Inc. announced a new $210 million senior credit facility arranged by SunTrust Robinson Humphrey, Inc. and CIT Finance LLC.Under the new facility, ExteNet has secured $210 million in borrowing capacity, consisting of a $140 million... Read Story
October 30, 2013, 08:04 AM

DTT announced it has increased its credit facility to $60 million, through a round of funding led by Capital One. Capital One Bank served as the lead bank and agent in the transaction, and brought in CapitalSource to complete the funding. DTT is a... Read Story
October 30, 2013, 07:10 AM

Opus Bank announced Donika A. Schnell has joined Opus as Senior Managing Director and Co-Head of Healthcare Banking. Schnell will be responsible for further expanding, and providing capital financing and banking solutions to, Opus’ healthcare client... Read Story
October 24, 2013, 07:51 AM

PacWest Bancorp ("PacWest") and CapitalSource Inc.  ("CapitalSource") announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest and CapitalSource will merge in a transaction valued at approximately $2.3... Read Story
July 23, 2013, 08:04 AM

Capital Access Network, Inc. (CAN) has added $165 million to its line of credit from a syndicate of premier financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar. These banks join Wells Fargo... Read Story
May 22, 2013, 08:04 AM

CapitalSource closed a $20 million increase to its revolving credit facility with ASG Security. The company plans to utilize the additional capacity to continue executing on its growth plans over the next several years. Based in Beltsville, Md., ASG... Read Story
April 05, 2013, 07:27 AM

MC Healthcare Finance LLC, an affiliate of Monroe Capital LLC, announced Glenn Flinn has joined the firm as a managing director to establish a Dallas office. “We are very excited to add Glenn to the MC Healthcare team,” said Ted Koenig, president &... Read Story
April 04, 2013, 07:53 AM

CapitalSource announced that its founder, John K. Delaney, has resigned as chairman and a member of the Company's Board of Directors and as a member of the CapitalSource Bank Board of Directors, effective immediately, as he completes preparations to... Read Story
December 21, 2012, 07:26 AM