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Credit Acceptance Named 2025 Top Workplace in Financial Services
Globenewswire· 2025-07-17 20:02
Southfield, Michigan, July 17, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 Top Workplace in Financial Services for the second consecutive year. We ranked #4 in the 1,000+ employee size category, up five spots from last year. “Our goal is to create a workplace where team members love coming to work because they know they can make a difference,” said Ken Booth, Chief Executive Officer, Cre ...
Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the Second Quarter Ended June 30, 2025
Globenewswire· 2025-07-15 20:15
NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Wednesday, August 6, 2025 to announce its financial results for the second quarter ended June 30, 2025. The Company will report its quarterly financial results on Tuesday, August 5, 2025. The conference call will be available via public webcast via a link on Carlyle Secured Lending’s website at carlylesecuredlending.com and will also be availab ...
Horizon Bancorp, Inc. Announces Conference Call to Review Second Quarter Results on July 24
Globenewswire· 2025-07-01 21:05
Core Viewpoint - Horizon Bancorp, Inc. will host a conference call on July 24, 2025, to discuss its second quarter 2025 financial results, with the news release published on July 23, 2025 [1]. Group 1: Conference Call Details - The conference call is scheduled for 7:30 a.m. CT (8:30 a.m. ET) on July 24, 2025, and participants can join by dialing specific numbers based on their location [2]. - A telephone replay of the conference call will be available approximately one hour after the call ends, accessible until August 1, 2025, with a designated access code [3]. Group 2: Company Overview - Horizon Bancorp, Inc. is a commercial bank holding company with $7.6 billion in assets, serving customers in the Midwest through digital tools and physical branches in Indiana and Michigan [4]. - The company offers a variety of retail banking services, including residential and secured consumer lending, personal banking, and wealth management solutions [4]. - Horizon Bancorp also provides business banking and treasury management services, with commercial lending making up over half of its total loans [4].
Merlo America LLC and First Citizens Bank Announce Comprehensive New Vendor Finance Agreement
Prnewswire· 2025-06-25 13:00
Group 1 - Merlo America LLC and First Citizens Bank Equipment Finance have announced a new vendor finance agreement to provide leasing and lending solutions for Merlo customers to acquire new construction and agricultural equipment [1] - Merlo America is the North American subsidiary of Italy-based Merlo S.p.A, which is a leading producer of multi-use telehandlers and machinery for various applications including agriculture and construction [2][5] - The collaboration aims to empower clients by offering outstanding financing options that facilitate the acquisition of essential equipment for business operations and growth [3] Group 2 - First Citizens Bank Equipment Finance is focused on providing equipment financing solutions to original equipment manufacturers, vendors, and small to mid-size businesses through a unique sales coverage model and seasoned support staff [4][6] - First Citizens Bank is a top 20 U.S. financial institution with over $200 billion in assets, offering a wide range of banking services including commercial banking and innovation banking [6]
Timbercreek Financial Declares June 2025 Dividend
Globenewswire· 2025-06-23 22:18
TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on July 15, 2025 to holders of Common Shares of record on June 30, 2025. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividen ...
Standard Premium Finance Holdings Increases Line of Credit with First Horizon Bank to Support Ongoing Growth
Globenewswire· 2025-06-17 14:02
MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced an increase to its revolving line of credit with First Horizon Bank (NYSE:FHN), a leading regional bank operating in 12 states across the southern U.S. The amendment raises Standard Premium’s borrowing capacity from $45 million to $50 million, supporting the Company’s strategic growth trajectory. “Standard Premium has consistently demonstrate ...
Sunrise Realty Trust Announces Dividend for the Second Quarter 2025
Globenewswire· 2025-06-13 11:30
Core Points - Sunrise Realty Trust, Inc. (SUNS) declared a quarterly dividend of $0.30 per share for the quarter ending June 30, 2025, consistent with the previous quarter's dividend [2] - The dividend will be payable on July 15, 2025, to stockholders of record as of June 30, 2025 [2] - SUNS operates as an institutional commercial real estate lender, focusing on transitional CRE projects in the Southern United States [3] Company Overview - Sunrise Realty Trust, Inc. is a lender on the TCG Real Estate platform, providing flexible financing solutions primarily for transitional commercial real estate projects [3][4] - The company targets top-tier assets in established and rapidly growing Southern markets, aiming for near-term value creation [3][4] TCG Real Estate - TCG Real Estate comprises affiliated CRE-focused debt funds, including SUNS and Southern Realty Trust Inc., which provide financing for transitional CRE properties [4] - The focus is on properties that present opportunities for near-term value creation, particularly in Southern U.S. markets benefiting from economic growth [4]
La Rosa Holdings Corp. Signs LOI with MiiX Financial Holdings to Launch Credit-Free Home Financing Program
Globenewswire· 2025-06-12 12:00
Core Viewpoint - La Rosa Holdings Corp. has entered into a non-binding Letter of Intent with MiiX Financial Holdings Trust to implement and distribute MiiX's residential financing solutions, aiming to enhance accessibility and efficiency in real estate transactions [1][2]. Group 1: Strategic Alliance - The partnership aims to create a long-term strategic alliance focused on MiiX's platform that removes traditional credit requirements, providing homeownership solutions for all income and credit levels [2][4]. - The collaboration is expected to modernize the real estate market, similar to the impact of fintech on traditional finance [4]. Group 2: Operational Structure - Under the LOI, La Rosa and MiiX will work towards a definitive agreement, determining the operational structure and deployment timeline [3]. - La Rosa will become the exclusive real estate partner for MiiX's financing technology, integrating MiiX's products into La Rosa's agent workflows and property listings [8]. Group 3: Company Overview - La Rosa Holdings Corp. operates approximately 2,900 agents and offers flexible compensation options, including a revenue-sharing model and a 100% commission structure [5][6]. - The company provides both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [6]. - La Rosa has a presence in multiple states and is expanding into Europe, starting with Spain [7].
Timbercreek Financial Corp. announces normal course issuer bid
Globenewswire· 2025-06-10 11:00
For further information: TORONTO, June 10, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (the "Company") announced today that it has obtained the approval of the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid (the "NCIB") with respect to its common shares (the "Shares"). The NCIB will commence on June 12, 2025 and will terminate on the earlier of June 11, 2026 or the date on which the Company has purchased the maximum number of Shares permitted under the NCIB. Und ...
Synchrony & Jewelers Mutual Unite to Transform Jewelry Financing
ZACKS· 2025-05-29 16:26
Core Insights - Synchrony Financial (SYF) has entered a strategic partnership with Jewelers Mutual Group to integrate financial services with insurance offerings, aiming to enhance market presence and connect with a broader audience [1][3][4] Group 1: Partnership Details - The partnership will promote SYF's consumer financing solutions through Jewelers Mutual's marketing channels and on the Zing Marketplace, which serves as a digital hub for jewelers [2] - This collaboration is expected to provide jewelry retailers with tools to increase sales through financing options while educating customers on protecting their purchases [3] Group 2: Market Impact - The integration of financing and insurance services is anticipated to build customer trust, simplify the buying process, and potentially increase average order values for retailers [4] - If successful, this strategy could serve as a model for other industries dealing with high-value purchases, such as electronics and automotive [5] Group 3: Company Performance - SYF is actively expanding its presence through partnerships, although its average active accounts decreased by 3% year over year to 69.3 million in the first quarter [6] - Over the past year, SYF shares have increased by 35.7%, significantly outperforming the industry's growth of 7.8% [7]