Rockland Trust added Slayton Purcell to its Asset Based Lending Team as Vice President, Relationship Manager. In his role, Slayton is responsible for managing a growing portfolio of clients while underwriting and building new relationships. Prior to...
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November 10, 2022, 07:00 AM
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Rockland Trust’s Security Alarm Lending Group provided a multi-year, $20 million revolving line of credit to Dynamark Monitoring, Inc. Headquartered in Hagerstown, MD, Dynamark provides wholesale security monitoring services for more than 500...
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October 14, 2022, 07:39 AM
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Rockland Trust hired Andrew Wilson as Vice President, Relationship Manager as part of their Asset-Based Lending Department. In this role, Andrew will be responsible for managing a portfolio of asset-based lending relationships, while attracting new...
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November 17, 2020, 07:30 AM
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Brighton Marine, a Veteran network community in Brighton, announced the official opening of a facility that provides 25 units of affordable housing to vulnerable Boston area Veterans.“The City of Boston is incredibly lucky to have a network of...
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September 24, 2020, 09:05 AM
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Rockland Trust announced it closed a $30 million revolving line of credit to Milton’s Distributing Co., Inc., a national wholesale distributor and importer of wine, beer and spirits. The loan will be used to refinance existing senior debt and provide...
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December 10, 2019, 08:50 AM
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Rockland Trust announced financial transactions totaling more than $38.275 million with local businesses located north of Boston. The funding will be applied to enhancing existing operations and positioning the companies for future growth. The loans...
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June 18, 2018, 07:06 AM
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Rockland Trust announced it has closed a multi-million dollar asset-based credit facility with Global Technology Systems, Inc. (GTS). GTS is an experienced provider of engineering reliable, long-lasting batteries and chargers.
“Rockland Trust is...
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September 27, 2017, 07:56 AM
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Rockland Trust announced it financed a $4.35 million transaction for equipment manufacturer, Macton Corporation and its senior credit facility. “Rockland Trust is excited to partner with Peter McGonagle and his Macton team to invest in a company that...
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November 18, 2016, 07:23 AM
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Cambridge Trust Company announced the appointments of Chris O’Connor, Senior Vice President and Peter Coates, Vice President to lead their new Asset Based Lending (ABL) practice.“The Bank made the strategic decision to add asset based lending...
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September 13, 2016, 07:44 AM
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Rockland Trust recently appointed Boston resident Joseph Herzog as Vice President of Asset Based Lending (ABL). Based in the Bank’s Boston office, Herzog is responsible for originating asset-based lines of credit and term loans up to $25 million. He...
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July 07, 2015, 07:21 AM
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Salus Capital Partners announced that Christopher D. O'Connor and Kyle C. Shonak have been named Co-Presidents of the firm, effective immediately.In a joint statement, O'Connor and Shonak commented: "Salus will work closely with our parent company...
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April 29, 2015, 07:24 AM
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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...
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March 05, 2015, 07:50 AM
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Rockland Trust announced its appointment of Daniel J. Landers as Senior Vice President and Executive in Charge of Asset Based Lending (ABL). In this role, he will be responsible for managing the bank’s growing asset-based lending business which...
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November 19, 2014, 07:48 AM
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Rockland Trust announced on September 29 that it provided a $22.66 million asset-based credit facility to Decas Cranberry Sales. The credit facility to the Carver, MA-based cranberry processor includes a $15 million working capital line of credit, a...
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October 06, 2014, 07:13 AM
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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...
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September 04, 2014, 07:33 AM
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