Citizens Financial Group has provided a new $125 million asset-based revolving credit facility to Canton-based Destination XL Group, an omni-channel specialty retailer of big and tall men’s apparel.
People’s United Bank has named Patrick Lee head of a newly formed lender finance team, an extension of the bank’s existing asset-based lending group. The move expands People’s United’s commercial specialty lending business.
Cambridge Savings Bank has hired two former Blue Hills Bank veterans to launch an asset-based lending business.
Eastern Bank is expanding its asset-based lending team.
