Siena Completes $55MM in New Facilities

Siena Lending Group completed five new facilities with an aggregate amount of $55 million in California, Florida, Illinois, Maryland and Washington.

The facilities were provided to companies in the beauty and wellness, construction, manufacturing, and metals industries.

“In the third quarter, we were encouraged to see businesses continuing to resume their operations and return to some degree of normalcy. We closed five transactions totaling nearly $55 million in facilities and are well positioned for a busy and productive end to a challenging year,” Dave Grende, president and CEO of Siena Lending Group, said.