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.

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.

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for June was $9.9 billion, up 9 percent year-over-year from new business volume in June 2018.

Evans brings over 20 years of finance and sales management experience to the bank. Evans was a top producer and received several awards growing financial portfolios in various markets in the US, Canada and abroad.

Encina Equipment Finance (EEF) announced today that it has upsized its senior credit facility to $250 million in total commitments.

World Fuel Services Corporation (NYSE: INT) today announced that it has successfully amended its unsecured credit facility, increasing the overall facility to $1.8 billion and extending the term of the credit facility to July 2024.

Maxim Commercial Capital is pleased to announce it provided hard-asset secured financing to 129 small and mid-sized businesses (SMBs) during the second quarter of 2019.

Lendio, the nation’s leading marketplace for small business loans, announced the acquisition of Billy and the launch of its bookkeeping software for small businesses.

Byline Bancorp, Inc. (NYSE: BY) announced that Tim Hadro has announced his desire to retire and step down as Chief Credit Officer effective July 31, 2019. He will remain an advisor with the Company and assist in the transition.

Columbia Bank (NASDAQ:COLB) announced that it has hired industry veteran and long-time Eugene market leader Jeff Singer. For the past 23 years, Jeff held multiple positions at Umpqua Bank, including his most recent position as Senior Commercial Relationship Manager.

Evans brings over 20 years of finance and sales management experience to the bank. Evans was a top producer and received several awards growing financial portfolios in various markets in the US, Canada and abroad.

Chesswood Group Limited ("Chesswood") (CHW.TO) is pleased to announce the recent closing of a new funding facility with Sun Life Assurance Company of Canada ("Sun Life") for our subsidiary Pawnee Leasing Corporation ("Pawnee").

Chung brings over 27 years of bay area banking experience to Pinnacle Bank. She began her career with Wells Fargo and had been with Boston Private Bank and Trust in Palo Alto for the past 13 years.

The 17-year-old Tampa-based company provides cellular network construction, upgrade and maintenance services, including the resources for new construction, as well as repairs and restoration. The acquired financing will be used for working capital and business expansion.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM senior secured credit facility comprised of an AR and inventory revolver with an M&E T/L to a manufacturer and seller of rotational molded plastic products.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Recorded Future by private equity sponsor Insight Partners.

Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,183,000 for the second quarter of 2019 compared to $2,666,000 for the same period in 2018.

Michael Stock joins as Head of Operations from ABN AMRO to lead on operational management. Equiniti Riskfactor gains seven new clients in past year in North American market as it continues to succeed in its global growth strategy.

GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC.