lending business - FinTecBuzz

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FinTecBuzz

Americas Executions Leverages Broadridge for Securities Lending

Compliance & Scoring

Americas Executions Leverages Broadridge for Securities Lending

October 11, 20244 min

Americas Executions (AmerX), a full-service broker-dealer, implements technology platform Securities Finance and Collateral Management (SFCM) from global fintech leader Broadridge Financial Solutions, Inc. to drive growth for its newly launched securities lending business. “As we launch AmerX’s new securities lending business, Broadridge’s advanced solution provides the essential system functionalities to enable us to offer new products and services that address the growing needs of our clients, which is crucial for business growth,” said Kevin Cryan, AmerX...

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JG Wentworth appoints Jason Tepperman as President & Head of Lending

JG Wentworth appoints Jason Tepperman as President & Head of Lending

September 15, 20234 min

Leading Consumer Financial Services Company Strengthens Its Commitment to Consumer Finance and Lending

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CIT Serves as Lead Arranger on Senior Secured Credit

Asset Management

CIT Serves as Lead Arranger on Senior Secured Credit

August 17, 20204 min

CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending business, working in conjunction with its Sponsor Finance group, served as lead arranger on senior secured credit facility for von Drehle Corporation, a leading maker of high quality paper towel, tissue and dispensing products. von Drehle, headquartered in Hickory, North Carolina, used the proceeds to refinance debt and for general corporate purposes. “The global pandemic has increased public understanding about the importance of cleaning and sanitation, and von Drehle has the...

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