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The latest news and updates from Channel.

Channel Adds Stark and Boos to Lead Syndication Division

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.

Channel Hires Ceribelli as Chief Revenue and Innovation Officer

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.

Channel Announces Successful Close of $190MM Securitization

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.

Channel Successfully Completes $85MM ABS Securitization

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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