Asset-based lending

Borrower fraud to take bite out of Triumph's 3Q profit

09/21/18

The Dallas company said a commercial client submitted falsified documents that inflated how much colloteral it had available.

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Gov. Brown should veto California’s small-business lending bill

09/19/18

The legislation, which creates new disclosure standards for financing costs, could hamstring commercial lenders that offer revolving credit facilities.

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Sunflower Bank in Denver forms structured finance group

08/15/18

The division, created after Sunflower hired lenders away from other banks, will focus on asset-based lending to middle-market companies and investors.

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Bank Leumi hires outsider to launch asset-based lending group

07/16/18

The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.

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Factoring deal is diversification play for Axiom

07/10/18

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.

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Cadence’s patience on M&A pays off with big score in Atlanta

05/14/18

State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike.

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Asset-based lending provides lift to UMB's quarterly profit

04/25/18

The Missouri company reported strong loan growth that also reflected a spike in factoring activity.

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Equipment financing, wider margin drive TCF's 1Q profit

04/23/18

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company.

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Triumph in Dallas to buy two banks and a factoring company

04/09/18

With the three deals, Triumph is beefing up in Colorado, expanding into New Mexico and strengthening its asset-based lending unit.

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MUFG's big U.S. expansion is just getting started

03/26/18

The holding company for Union Bank — itself a unit of the Japanese giant Mitsubishi UFJ Financial Group — is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its first-ever American CEO, MUFG Americas has expanded middle-market lending and amassed $3 billion of consumer deposits through its new online bank. Is a splashy acquisition next?

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