Hanover Bancorp, the bank holding company for Hanover Community Bank, announced the appointment of Joseph Burns to the position of Executive Vice President, Chief Lending Officer.In his new role, Burns will lead the Bank’s commercial banking...
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November 17, 2023, 07:18 AM
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U.S. Attorney Trini E. Ross announced Paul Paredes, 52, of Rochester, NY, was arrested and charged by criminal complaint with wire fraud, money laundering and aggravated identity theft. The charges carry a mandatory minimum penalty of two years in...
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October 17, 2023, 07:22 AM
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Old National announced Monica Rubio has been promoted to Community Lending Market Executive, Vice President, for Northwest Indiana and the Southwest suburbs of Chicago. In this new role, she will focus on increasing lending and investment activities...
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August 31, 2023, 07:23 AM
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Arvest Bank, a bank with more than $26 billion in assets, announced the launch of its first product running on cloud-native core banking technology provided by Thought Machine.The equipment finance lending product, which launched in October 2022, was...
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February 27, 2023, 07:10 AM
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Banking industry veteran Jim Donovan has joined Unity Bank as Chief Lending Officer (CLO), bringing more than 35 years of financial services industry leadership experience to the community bank.“Jim Donovan is an accomplished leader with a commitment...
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May 10, 2022, 07:14 AM
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The first quarter Phoenix Management “Lending Climate in America” survey results reveal the third stimulus package will cause inflationary pressure in the U.S. economy.The third stimulus package includes nearly $2 trillion in coronavirus relief funds...
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March 18, 2021, 07:11 AM
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A survey of trends in U.S. middle-market lending conducted by Carl Marks Advisors found that a significant majority of respondents believe the lending markets will reopen for well-capitalized companies by the end of 2020, but less than a third...
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June 01, 2020, 07:10 AM
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Crestmark President Mick Goik announced the promotion of Christopher Soupal to Crestmark Executive Vice President and President of the Government Guaranteed Lending Division.“I am pleased to announce the promotion of Christopher to Government...
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March 07, 2019, 07:13 AM
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Small business lending continued its blistering pace in August, according to the latest Strategic Insights Report from PayNet, the leading provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index...
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October 04, 2018, 07:20 AM
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Q2 Holdings, Inc. has announced an agreement to acquire San Mateo, CA-based Cloud Lending, Inc., a privately held SaaS company that provides an integrated end-to-end lending and leasing platform.“By acquiring Cloud Lending, we will be able to help...
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August 17, 2018, 07:00 AM
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The latest Quarterly Credit Outlook from PayNet shows Main Street closing Q2 2018 with modest growth and strong financials. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) seasonally adjusted originations decreased 8 percent from 155...
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August 15, 2018, 07:20 AM
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Innovative Financing Solutions, a leading bank consulting and business advisory firm specializing in the development and implementation of government guaranteed loan programs for financial institutions across the U.S., announces the launch of their...
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August 06, 2018, 07:00 AM
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Small business lending climbed to an all-time high in May, according to the latest Strategic Insights Report from PayNet, the leading provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index...
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July 09, 2018, 07:20 AM
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LendingPoint announced it closed an increase of its mezzanine financing, bringing the total of the facility to $52.5 million.Paragon Outcomes Management LLC provided the financing that closed last month. Paragon and LendingPoint have been building...
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July 02, 2018, 07:03 AM
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Red Herring announced the winners of its Top 100 North America 2018, recognizing the continent’s most exciting and innovative private technology companies. The winners included Cloud Lending Solutions.Companies were judged by industry experts...
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June 28, 2018, 07:04 AM
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Cloud Lending Solutions announced it has been selected as the winner of the “Best Business Lending Platform” award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech...
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May 11, 2018, 07:00 AM
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From the fourth quarter Phoenix Management “Lending Climate in America” Survey, results shows a positive and optimistic outlook for the U.S. economy in the near term.Lenders' confidence on how they expect the U.S. economy to perform during the next...
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January 12, 2018, 07:14 AM
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From the fourth quarter Phoenix Management "Lending Climate in America" Survey, results shows a positive outlook on the U.S. economy in both the near and long term. Lenders confidence on how they expect the U.S. economy to perform beyond the next 6...
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December 19, 2016, 07:40 AM
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Reports from the twelve Federal Reserve Districts suggest overall economic activity expanded at a moderate pace during the reporting period from early April to late May. Activity in the New York, Cleveland, Atlanta, Chicago, Kansas City, Dallas, and...
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June 07, 2012, 08:00 AM
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KeyBank has surpassed its goal to provide $3 billion in loans to women-owned businesses by April, 2012 – three months ahead of its target. Key's achievement included loans to businesses of all sizes. Since 2005, Key has lent more than $6 billion to...
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March 06, 2012, 06:00 AM
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