Siena Announces Over $565M in New Facilities During 2021

Siena Lending Group continues to be a leader in the asset-based lending industry, consistently finding creative ways to offer its clients maximum flexibility and liquidity. Siena is proud to provide this overview of the financing solutions that Siena and its Siena Healthcare Finance division delivered in 2021. After another record-breaking year for the firm, Siena was proud to once again support the communities where they live and work with charitable donations to address food insecurity.

Twenty deals were closed in 2021 with $566.5 million in facilities.  

“As we reflect on 2021, the Siena team accomplished a great deal despite the ongoing challenges posed by the pandemic. In addition to closing a firm-record in transactions, we continued to provide increasingly larger facilities, and now offer our clients holistic financing solutions totaling up to $100 million. We also expanded our footprint at our Stamford headquarters and were honored to be named as one of ABF Journal’s Most Innovative Companies," said Dave Grende, President & CEO, Siena Lending Group

Siena Lending Group closed deals in Alabama, California, Colorado, Connecticut, Illinois, Minnesota, New Jersey, Ohio, Oklahoma, Pennsylvania and South Carolina.

Siena Healthcare Finance provided financing for clients in California, New York and Tennessee.