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Sterling National Bank* Provides $17,200,000 Credit Facility to a Nationwide Construction Equipment Provider

February 21, 2020

Sterling National Bank’s Asset-Based Lending Group provided senior secured credit facilities totaling $17,200,000 to a nationwide construction equipment provider.

The transaction was originated by Ken Frank, a Managing Director located in Sterling’s Philadelphia office.

*now known as Webster Bank as successor by merger.

Nationwide Construction Equipment Provider

Senior Secured Credit Facilities
$17,200,000

Provided by:

Sterling National Bank

Man and woman sitting at desk shaking hands.

Deep industry expertise

Dedicated Single-Point-of-Contact

Sterling’s Asset-Based Lending solutions are delivered by your Relationship Manager, a financial expert committed to helping your business thrive. Contact an Asset-Based Lending Specialist to learn more.

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