The latest news and updates from Channel.
Minnetonka, MN – March 20, 2024. Channel, a leading full-service independent lender, is excited to announce the appointment of Rob Ceribelli as President. In this role, Ceribelli spearheads daily operations, streamlining processes, optimizing resources, and implementing strategies to boost overall efficiency and profitability.
Minnetonka, MN – February 21, 2024. Channel, a leading full-service independent lender, proudly introduces key additions to its leadership team. Bob Stark assumes the crucial role of Chief Syndication Officer, while Jackie Boos is appointed Director of Syndication Sales.
Minnetonka, MN – December 5, 2023. Channel is pleased to announce Rob Ceribelli has joined the organization, stepping into the role of Chief Revenue and Innovation Officer, effective November 30, 2023. In this role, Ceribelli will drive end-to-end strategies across revenue growth, operational efficiency, product innovation, and market leadership to achieve Channel’s ambitious vision.
Minnetonka, MN – November 17, 2023. Channel announces it has completed a second Equipment Finance securitization; a $190 million issuance of asset-backed notes collateralized by a diverse portfolio of Equipment Receivables. This is the fifth securitization for Channel having completed its first Small Business Loan and Business Cash Advance ABS transaction in December 2021.
Minnetonka, MN – November 14, 2023. Channel announces a strategic realignment, marking the immediate appointment of Alecia Kramer as Senior Vice President of Sales for the Western U.S. region.
Minnetonka, MN – July 7, 2023. Channel, a leading lender specializing in equipment finance and working capital, announced the successful completion of its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes is collateralized by small business loans and advances across a wide range of industries.
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