People’s United Bank Establishes New Lender Finance Team as it Expands ABL Specialty Business

BRIDGEPORT, Conn., Sept. 18, 2019 /PRNewswire/ — People’s United Bank, N.A. a subsidiary of People’s United Financial, Inc. (PBCT), has expanded its Commercial Specialty Business with the formation of a dedicated Lender Finance team. The team will be led by Patrick Lee, Managing Director, Head of Lender Finance, Asset-Based Lending, and be an extension of the Bank’s existing Asset-Based Lending group. The team will work with non-bank lender finance companies nationally to provide tailored solutions of $10MM or more to help them achieve their near and long-term growth objectives.

source https://finance.yahoo.com/news/peoples-united-bank-establishes-lender-141400401.html?.tsrc=rss

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