Siena Announces $55M in New Facilities

Siena Lending Group continues to be a leader in the asset-based lending industry, consistently finding creative ways to offer our clients maximum flexibility and liquidity. We are proud to provide this overview of the financing solutions that Siena delivered in Q3 2020. In firm news, we’ve expanded into additional office space to support our ongoing growth, and our commitment to ensuring the safest possible work environment for our team members.

Siena Lending Group provided five deals that totaled $55 million for the beauty and wellness, construction, manufacturing and metals industries.

“In the third quarter, we were encouraged to see businesses continuing to resume their operations and return to some degree of normalcy. We closed five transactions totaling nearly $55 million in facilities, and are well positioned for a busy and productive end to a challenging year.”

 — Dave Grende, President & CEO, Siena Lending Group