June 12, 2019 — The Janney Financial Institutions Group has executed a $12 million Unguaranteed SBA 7(a) loan sale transaction involving two of its financial institution clients.
“This sale was a strategic transaction for both of our clients,” said Ricardo Diaz, Managing Director, Institutional Fixed Income Sales. “Janney enabled the seller to dispose of a portfolio that no longer fit its strategy, and the buyer to gain an opportunity to expand its existing SBA loan portfolio.”
FIG Partners Is Now Part Of Janney
In June 2019, FIG Partners joined Janney Montgomery Scott LLC, a leader in middle-market financing solutions. Janney places a high value on its consistent track record of delivering solutions to clients. Since 2009, Janney has completed 605 transactions aggregating $85 billion in transaction value. Janney works with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention. Click here for more information.