Hans Sitarz has been chosen to lead commercial banking operations in Alabama and Mississippi for Wells Fargo.

He replaces Don Kincey, Senior Vice President, who retired from Comerica after working for 20 years at the bank.

Wells Fargo Securities, LLC and JPMorgan Chase Bank, N.A. served as Joint Bookrunners, JPMorgan Chase Bank, N.A. served as Administrative Agent, and Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citizens Bank, N.A., RBC Capital Markets and U.S. Bank National Association served as Joint Lead Arrangers.

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a precision parts design and manufacturing company based in New York.

Banner Corporation (NASDAQ: BANR) together with AltaPacific Bancorp (OTCBB: ABNK), announced they have entered into a definitive agreement for AltaPacific Bank to merge with, and into, Banner Bank to expand the Bank’s presence in California.

Markus Pressdee appointed Head of Infrastructure, Power & Renewables in North America. Steven Berger joins the firm’s Financial Institutions Group sector team.

Antares announced today that it served as joint lead arranger and is acting as administrative agent for a senior secured credit facility to support Quad-C Management, Inc.’s (“Quad-C”) investment in Boulder Scientific Company (“Boulder Scientific”), a specialty chemical company.

Plans New Office in Chicago, Furthering its National Expansion

The outlook on bank ratings has become more negative. Fitch Ratings’ bank ratings report published today shows that bank negative rating outlooks rose sharply this year. The global share of its bank Negative Outlooks rose to 17% at the end of the first half of 2019, from 13% at end-2018

CAN Capital, a leading provider of small business working capital loans, is pleased to announce the hiring of John McNeill as its new Chief Financial Officer (CFO).

Halfway through 2019, growth in the middle market is decidedly strong. Year-over-year revenue growth remains high at an 8.5% rate, with more than three-quarters of firms (77%) reporting gains over the past 12 months.

Throughout June, 275 community projects were completed by 1,700 CIT employees who contributed 6,400 volunteer hours nationwide to make a difference.

MidFirst Business Credit (MBC) is pleased to announce that Kevin Poff has joined its team as a business development officer in Nashville, Tennessee.

The Company operates four skilled nursing facilities in Texas and is focused on the individual who needs healthcare services after his/her hospital stay.

The fund was oversubscribed and met its cap of USD $610 million in total capital commitments. This brings DW Healthcare Partners' total capital under management to USD $1.43 billion.

OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced the appointment of Lonnie Hayes as the Head of Sales and Strategy for ODX, a wholly owned subsidiary of OnDeck that assists banks with streamlining and digitizing small business credit origination.

Gina will be based in New York City and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Northeastern United States with annual revenues of $2 million to $150 million.

Accord Financial Corp. ("Accord") (TSX: ACD) is proud to congratulate CapX Partners (“CapX”) on their Platinum anniversary, celebrating twenty years of achievement.

These companies will use the financing provided by PrimeArc to purchase materials, fund expansion initiatives or meet payroll / operational expenses. These new facilities range in capacity from $10,000 to $400,000.

The 2-year facility supported by Volt’s US and UK receivables allows for up to USD $115 million in funding with a $35 million sublimit for letters of credit.