Sterling National Bank's Commercial Services Group provided a recourse factoring facility of $2,500,000 to Web Packaging Solutions, LLC.The credit facility will provide working capital for the company’s anticipated future growth.Web Packaging...
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January 06, 2022, 07:00 AM
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Sterling National Bank announced its support of the Business Outreach Center (BOC) Network, a New York City-based community development organization. This new partnership will provide recovery assistance and relief to minority and women owned small...
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August 21, 2020, 09:10 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that it has provided a credit facility totaling $4.6 million to McCollister’s Transportation, a privately held, full service moving and storage company, headquartered in...
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August 14, 2017, 09:00 AM
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Sterling National Bank announced that Steven Levi has joined the bank as Senior Vice President and Senior Managing Director of Commercial Banking. Levi will be based at Sterling’s Melville office and report to Ed Blaskey, Executive Vice President and...
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August 03, 2017, 07:00 AM
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Sterling National Bank announced that Ed Blaskey has joined the bank as Executive Vice President and Market President for Long Island. Blaskey, who will be based in Sterling’s Melville office and will report to Jack Kopnisky, Sterling’s President and...
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May 08, 2017, 07:00 AM
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Sterling National Bank announced that Thomas Pergola has joined its Commercial Banking team as Senior Vice President and Managing Director. He will report to Ray Guanlao, Senior Manager Director and Team Leader at Sterling.Pergola will aid in...
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March 22, 2017, 08:01 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Lindy Baldwin has joined the bank's Franchise Finance team as Managing Director, Franchise Finance and Vice President. She will report to Keith Smith, Senior Managing...
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December 13, 2016, 07:22 AM
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Sterling National Bank announced Prakash Chonkar has joined the bank's commercial banking team as Managing Director and Vice President in the bank's corporate office in Montebello. He will report to Chris Fiorillo, Senior Manager, Commercial...
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December 07, 2016, 07:41 AM
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Sterling National Bank announced Jeff Bonner has joined the bank’s Residential Mortgage Warehouse Lending Department as Managing Director and Vice President reporting to Patricia Robins, Senior Managing Director and Senior Vice President. In this...
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November 01, 2016, 07:30 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it has entered into a definitive agreement with GE Capital to acquire a portfolio with approximately $190 million of performing restaurant franchise financing loans....
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June 29, 2016, 08:01 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that it has provided a $30.0 million revolving credit facility to a prominent national skilled nursing facility operator. Terms of the transactions were not disclosed. ...
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March 24, 2016, 07:57 AM
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Manhattan Bridge Capital, Inc. announced it has entered into a line of credit agreement with Webster Business Credit Corporation pursuant to which the lender has agreed to advance up to $14 million at an interest rate of either LIBOR plus 4.75% or...
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March 02, 2015, 08:00 AM
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Salus Capital Partners, LLC, announced it has agented a $49 million senior-secured debtor-in-possession (DIP) facility to Kid Brands, Inc. Sterling National Bank is a participating lender in the DIP facility.Kid Brands, Inc., together with its...
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July 03, 2014, 07:24 AM
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Manhattan Bridge Capital announced its revolving credit line with Sterling National Bank has been increased to up to $7 million, $2 million more than the previous limit. The terms of the increased line are similar to the terms of the original line...
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December 16, 2013, 07:56 AM
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Provident New York Bancorp announced today the completion of its previously announced acquisition of Sterling Bancorp, which became effective after the close of business on October 31, 2013. The combined company, known as Sterling Bancorp, will trade...
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November 04, 2013, 07:55 AM
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Staffing 360 Solutions, an emerging growth public company engaged in the provision of staffing services in IT, financial, accounting, healthcare and banking industries, announced it signed an agreement to establish a credit facility with Sterling...
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February 14, 2013, 08:03 AM
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