Announcements
Idea Financial Secures $20 Million Corporate Term Loan from EverBank to Fuel Expansion in Small Business and Legal Lending
December 18, 2025Miami, FL – December 18, 2025 — Idea Financial, a leading provider of flexible financing solutions for small businesses and professionals, today announced the successful closing of a $20 million corporate term loan with EverBank.
This strategic partnership provides Idea Financial with capital to accelerate growth in its core small business lending and financing divisions, enabling the company to serve more entrepreneurs and law firms nationwide.
The funding comes at a pivotal time for Idea Financial, which has already surpassed $1 billion in total funding originated since its inception and continues to expand its offerings, including business lines of credit up to $350,000 and specialized litigation financing through its LevelEsq platform. The new term loan will support increased lending capacity, product innovation, and operational scaling to meet rising demand from established small businesses and plaintiff law firms.
“This partnership with EverBank marks an exciting milestone in our journey to empower Main Street businesses and legal professionals accessible, transparent financing,” said Justin Leto, Co-Founder and CEO of Idea Financial. “EverBank’s confidence in our vision validates our track record of responsible growth and innovation in underserved markets. With this support, we’re poised to help even more businesses charge forward and achieve their goals.”
Larry Bassuk, Co-Founder and President of Idea Financial, added, “We’ve built Idea Financial on the principle that small businesses deserve better options than slow traditional banks or expensive alternatives. This $20 million facility strengthens our balance sheet and allows us to expand our impact, particularly in supporting law firms with case financing and small enterprises with working capital. EverBank shares our commitment to performance-driven solutions, making them an ideal partner.”
Santiago Rubio, Chief Financial Officer of Idea Financial, commented, “This term loan enhances our financial flexibility and positions us for sustainable expansion. EverBank’s expertise in specialty lender finance aligns perfectly with our model, and we’re grateful for their support as we continue to deliver high-value products with competitive rates and fast approvals.”
EverBank, a nationwide specialty bank known for its asset-backed and lender finance solutions, provides tailored financing to non-bank lenders like Idea Financial. This collaboration underscores EverBank’s focus on supporting innovative fintechs that drive economic growth.
For more information about Idea Financial’s business lines of credit, term loans, or legal financing solutions, visit www.ideafinancial.com.
About Idea Financial
Idea Financial is a leading non-bank provider of business financing solutions, offering flexible lines of credit and term loans to high-quality businesses across the United States. Since launching in 2018, the company has funded over $1 billion to more than 10,000 businesses in 47 states. Built on underwriting innovation and a commitment to responsible growth, Idea Financial empowers entrepreneurs with the capital they need to succeed. Learn more at www.ideafinancial.com.
Media Contact
Alondra Peña
Senior Marketing Manager
marketing@ideafinancial.com
Frankie DiAntonio Announces the Launch of The Lexington Foundation, a New Nonprofit Dedicated to Supporting Families in Need
December 16, 2025
Middle Country, NY — Frankie DiAntonio, Founder and CEO of Lexington Capital Holdings and Lexington Estates, today announced the official launch of The Lexington Foundation, a nonprofit organization created to support families in need, beginning in his hometown of Middle Country and expanding globally as the foundation grows.
The Lexington Foundation represents a deeply personal milestone for DiAntonio. Giving back to the community has long been central to his vision as a leader and entrepreneur, and the foundation formalizes a lifelong goal to create meaningful, lasting impact beyond business.
“At its core, The Lexington Foundation exists for one reason: to help those who need us,” said Frankie DiAntonio. “As we grow, as we build, and as we succeed, our responsibility to give back only becomes greater. This foundation is my commitment to honoring that responsibility.”
The foundation will initially focus its efforts on supporting families in Middle Country who are facing financial hardship, providing assistance and resources to help them navigate difficult times. Over time, the mission will scale beyond Long Island, then New York State, and ultimately extend its reach nationwide and across the world.
DiAntonio emphasized that The Lexington Foundation is guided by a simple but powerful belief: leadership is measured not only by success, but by service.
The launch of The Lexington Foundation was made possible through the support of dedicated team members, partners, and community leaders who share a commitment to compassion, service, and impact. The organization will announce upcoming initiatives, fundraising efforts, and community programs in the coming months.
About The Lexington Foundation
The Lexington Foundation is a nonprofit organization founded by Frankie DiAntonio with a mission to support families in need through direct assistance and community-focused initiatives. Beginning in Middle Country, New York, the foundation is committed to expanding its reach globally as it grows, guided by the belief that success carries a responsibility to give back.
Donald Cosenza, CLFP Joins Maxim Commercial Capital as SVP, Business Development
December 16, 2025
LOS ANGELES, CALIF. (Dec. 16, 2025) – Maxim Commercial Capital (“Maxim”) is pleased to announce Donald S. Cosenza, CLFP, has joined the company as Senior Vice President, Business Development. Cosenza brings more than 25 years of senior-level sales and marketing experience at national financial services firms to Maxim, where he will lead the company’s national referral partner marketing strategy.
“Bringing Don aboard is a key accomplishment for our firm,” said Michael Kianmahd, Maxim’s CEO. “His deep experience and proven success in the equipment finance industry are vital attributes to help propel Maxim to the next level and achieve our vision of becoming the nation’s preeminent alternative lender to small and mid-sized businesses.”
Cosenza previously served as chief marketing officer of North Mill Equipment Finance (“NMEF”) for eleven years, where he built a partner program resulting in relationships with hundreds of referral agents and banks nationwide, established NMEF’s brand, and developed and managed all marketing communications platforms. Previously, Cosenza was VP of Marketing for UnitedHealthcare’s national accounts and served as an E-commerce Leader for GE Capital’s factoring business.
“I am excited to join Maxim at such a pivotal moment in the organization’s growth trajectory,” said Cosenza. “The company’s strong leadership, experienced and committed team members, and well-defined strategic plan together provide an exceptional platform to serve the growing needs of small and mid-sized businesses. I am eager to cultivate initiatives to strengthen our market presence and establish a new standard of excellence in the industry, and to reconnect with industry colleagues in the broker and banking communities, many of whom I consider to be personal friends.”
About Maxim Commercial Capital
Maxim Commercial Capital helps small and mid-sized business owners nationwide by providing loans and leases (“financing”) from $10,000 to $3 million secured by heavy equipment, real estate, trucks, and trailers. It funds equipment purchase financings and leases, working capital, and debt consolidations. Maxim’s more creative financing structures leverage equity in real estate and owned heavy equipment to facilitate growth and preserve customers’ cash. As a leading provider of transportation equipment financing, Maxim supports startup and experienced owner-operators and non-CDL small fleet owners by funding loans and leases for class 8 and class 6 trucks, trailers, and reefers. Learn more at www.maximcc.com or by calling 877-776-2946.
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Contact:
Michael Kianmahd, CEO
Maxim Commercial Capital
(213) 984-2727
Fundr Triples Application Processing Capacity and Doubles Monthly Fundings by Partnering with Cloudsquare
December 15, 2025Los Angeles, CA – December 15, 2025 – Cloudsquare, a leading provider of Salesforce-native lending solutions, today announced the successful digital transformation of Fundr, a rapidly growing financing provider. By migrating to Cloudsquare’s automated platform, Fundr has achieved a 3X increase in daily application processing capacity and a 2X increase in monthly fundings, successfully overcoming the operational bottlenecks that previously slowed their expansion.
Prior to the partnership, Fundr faced a challenge common among high-growth lenders: their deal volume was outpacing their infrastructure. Reliance on manual data entry consumed hundreds of staff hours weekly, and their previous platform lacked the data visibility required to meet the strict reporting standards of their institutional credit partners.
“We were growing quickly, but our previous platform just couldn’t give us the visibility or reporting we needed for our institutional credit partner,” said Gerbian King, Founder and CEO of Fundr. “We immediately knew Cloudsquare could meet our data and reporting needs. It was clear their team understood exactly what we needed to scale.”
The implementation of Cloudsquare’s technology provided Fundr with a centralized system that automated the lending lifecycle from start to finish. Key features such as Email Capture Automation pulled deal data directly into the CRM, effectively eliminating manual entry roles and freeing up staff to focus on high-value tasks.
“Fundr’s results show what happens when you stop relying on outdated systems. Too many brokers and lenders are stuck on platforms that slow them down,” said Jeffrey Morgenstein, Co-Founder and CEO of Cloudsquare. “Fundr made the switch and immediately unlocked true automation, real visibility, and the scale their old CRM could never support.”
Since deploying Cloudsquare, Fundr has reported significant operational milestones:
- 3X increase in daily application processing capacity.
- 2X increase in monthly funding volume.
- 2.5X growth in team size to support rising volume.
- Total elimination of manual application entry.
The platform also provided the robust reporting infrastructure necessary for Fundr to secure and maintain institutional credit facilities, a critical step for long-term scalability.
About Cloudsquare
Cloudsquare is the leading end-to-end lending platform, uniquely powered by Salesforce, to deliver unparalleled flexibility and innovation for lenders and brokers. With a commitment to optimizing lending processes through cutting-edge technology, Cloudsquare provides robust, scalable solutions that empower clients to achieve greater efficiency and growth. Celebrated by industry leaders, Cloudsquare has earned a place on the Inc. 5000 list as one of America’s fastest-growing companies and is consistently rated a top service provider on platforms like Salesforce AppExchange, G2, Clutch, and Manifest.
www.cloudsquare.io
About Fundr
Fundr is a rapidly expanding alternative financing company headquartered in New York City and Miami. As a direct funder, Fundr specializes in providing short-term bridge capital and flexible financial products to small and medium-sized businesses (SMEs) across the United States. The company is dedicated to helping businesses access fast, responsible financing while maintaining efficiency and transparency in every transaction.
www.1fundr.com
For media inquiries, please contact:
Cloudsquare Marketing Email: marketing@cloudsquare.io
Fundfi Merchant Funding Ends the Year with Two New Product Launches in the United States
December 15, 2025December 15, 2025 — Fundfi Merchant Funding has launched two innovative financial products, marking a significant expansion of the company’s solutions portfolio. The new loan product and credit splits program provide businesses with enhanced flexibility and multiple pathways to access capital for growth and operational needs.
Both products, now available to qualifying merchants, have been developed in response to evolving small business needs and direct feedback from Fundfi’s client base. They offer competitive terms and streamlined processes specifically tailored for small and medium-sized businesses.
Innovative Financing Solutions
Fundfi’s new loan product provides traditional financing with terms designed specifically for merchant operations, supporting businesses with capital for expansion, equipment purchases, inventory management, and working capital needs.
“We’ve listened closely to our partners and identified clear gaps in the market,” said Efraim Kandinov, Co-Founder and CEO of Fundfi Merchant Funding. “These new products reflect our commitment to providing flexible, practical funding solutions that align with how modern businesses actually operate. The credit splits program, in particular, offers a payment structure that moves with your business when sales are strong, you pay more; when they’re slower, your payments adjust accordingly.”
The credit splits program represents an innovative approach to funding repayment, allowing businesses to allocate credit card processing revenues toward funding obligations. This seamless integration between payment processing and capital access creates a natural cash flow alignment for merchants.
“Our clients have varied and evolving financing needs, and a one-size-fits-all approach simply doesn’t work anymore,” said Natasha Dillon, Co-Founder and CFO of Fundfi Merchant Funding. “These products allow us to better serve businesses at different stages of growth and with different capital requirements. Whether a client prefers a traditional loan structure or the flexibility of credit splits tied to their daily sales, we now have solutions that work for them.”
Comprehensive Financial Partnership
The dual product launch demonstrates Fundfi’s commitment to innovation and responsiveness in the revenue-based financing space. While these new offerings are only available in the United States, company leadership has indicated that this represents part of a broader strategy to position Fundfi as a comprehensive financial partner for small businesses.
The new offerings complement Fundfi’s existing suite of financing solutions, providing business owners with multiple pathways to access capital based on their specific circumstances, goals, and cash flow patterns.
About Fundfi Merchant Funding
Fundfi Merchant Funding provides innovative financing solutions to small and medium-sized businesses across the United States and Canada. With a focus on flexible terms, responsive service, and business-focused solutions.
Brean Capital to Acquire Depository & Insurance Investment Banking, Equity Research, and Institutional Equity Sales Businesses from Janney Montgomery Scott
December 15, 2025Acquisition significantly expands Brean Capital’s financial institutions franchise and strengthens its leadership position in depository and insurance advisory.
NEW YORK – Brean Capital, LLC (“Brean Capital”), a leading independent investment bank focused on capital markets and advisory services, is pleased to announce that it has entered into a definitive agreement to acquire the Depository & Insurance Investment Banking, Equity Research, and Institutional Equity Sales businesses from Janney Montgomery Scott LLC (“Janney”). The transaction brings to Brean Capital a team of approximately 50 investment bankers, research analysts, and institutional sales professionals with deep sector expertise and a long track record of advisory excellence.
The incoming team includes respected sector specialists across depository and insurance investment banking, supported by established equity research and institutional sales professionals serving a wide range of financial institution clients nationwide. These individuals bring nationally recognized capabilities in M&A advisory, capital raising, equity research, and institutional distribution, and expand Brean Capital’s presence across key financial hubs including Atlanta, Philadelphia, Cleveland, Chicago and San Francisco.
“We are proud to welcome this exceptionally talented team to Brean Capital,” said Robert Fine, Chief Executive Officer and a principal owner of Brean Capital. “Their sector leadership and long-standing client relationships are perfectly aligned with our vision for the continued expansion of our financial institutions platform. This acquisition significantly enhances our advisory capabilities across depository and insurance markets and positions Brean Capital to deliver even greater insight, execution, and value to clients across the country.”
“We are excited to join a firm with the focus and resources to support our clients and accelerate the growth of our platform,” said Matt Veneri, Head of Investment Banking at Janney. “Brean Capital has an entrepreneurial culture and a long track record in the financial institutions space. We look forward to contributing to the firm’s continued success and bringing enhanced capabilities to our clients.”
“We have long admired the Janney team’s quality of work, the strength of their client relationships, and their deep understanding of financial institutions,” added Peter McNierney, Executive Managing Director at Brean Capital. “We believe the cultural fit is excellent, and the integration will allow for even greater collaboration and value creation for our clients.”
Over the past several years, the incoming Janney teams have executed more than 300 capital markets and M&A transactions totaling roughly $20 billion, consistently ranking among the nation’s most active advisors in community bank M&A and capital raising. They also provide equity research coverage for 140+ publicly traded depository and insurance companies, making them a significant contributor to the sector’s research landscape.
Brean Capital’s expanded platform will now comprise more than 225 professionals across investment banking, equity research, and institutional sales, serving corporate, institutional, and municipal clients nationwide.
About Brean Capital
Founded in 1973, Brean Capital is an independent investment bank that delivers high-quality investment ideas and comprehensive banking services to institutional investors and corporate clients. The firm provides Fixed Income Strategy as well as corporate finance and advisory investment banking. Its fixed income business spans sales, trading, and banking across a broad range of products, including mortgage- and asset-backed securities, U.S. Treasuries and government agency securities, structured products, corporate bonds, and municipal securities.
Contacts:
Robert Fine
CEO
212-702-6500
Channel Strategic Growth Delivers $1B Milestone and ABS Upgrades
December 9, 2025Minnetonka, MN, December 9, 2025 – Channel, a leading independent provider of equipment finance and working capital solutions to small businesses across the U.S., proudly announces a major milestone in the growth and performance of its Equipment Finance (EF) platform, surpassing $1 billion in originations in under four years.
Built de novo beginning in late 2019, the EF division moved from concept to soft launch in 2020, officially entering the market in early 2021. Without acquiring a portfolio or inheriting legacy assets, the team designed and executed the entire product from the ground up including credit strategy, processes, technology, and partner relationships. Since launch, the platform has scaled rapidly and responsibly, crossing the $1B in originations threshold through disciplined execution, strong credit performance, a deepened partner network, and a commitment to thoughtful, responsible growth.
Channel’s financial strength and consistency were further highlighted by recent upgrades issued by Kroll Bond Rating Agency (KBRA). KBRA upgraded two classes of notes on Channel’s 2022 ABS transaction and upgraded three classes of notes and affirmed one class of notes on its 2023 ABS transactions. These positive rating actions reflect solid credit support, strong investor confidence, stable asset performance, and the company’s commitment to rigorous, transparent portfolio performance. These upgrades follow a series of successful ABS issuances that have broadened investor relationships and strengthened Channel’s market position.
“This team built the EF product from scratch and crossed a billion dollars in originations in just four years, an extraordinary accomplishment by any measure,” said Adam Peterson, CEO of Channel. “The continued positive response from investors, including the recent upgrades from KBRA, reinforces the stability and strength of what we’re building. We’re energized by the momentum and look forward to further leveraging the ABS marketplace as we scale with discipline and purpose.”
This milestone reflects Channel’s ongoing commitment to delivering high-quality, well-structured opportunities to its investor community while continuing to support small businesses nationwide with reliable, accessible financing solutions.
About Channel | Established in 2009, Channel is a leading full-service independent lender offering a single source solution for both equipment finance and working capital to small businesses exclusively through equipment finance companies. To date, Channel has funded over $3 billion to more than 30,000 business in over 45,000 transactions across the U.S. With headquarters in Minnetonka, MN, the company has additional locations and business units operating from Kennesaw, GA, Mount Laurel, NJ, Des Moines, IA, and Marshall, MN.
YES Leasing Expands Credit Facility With BMO
December 8, 2025Miami, FL – December 8, 2025 – YES Leasing, a Miami-based commercial equipment leasing and finance company, today announced the successful renewal and increase of its senior credit facility with BMO. The facility provides YES Leasing with ample capacity to support its nationwide growth and fund an expanding portfolio of equipment finance transactions.
“The increased credit facility reaffirms our business model and our disciplined approach to serving small businesses with non-prime credit,” said Quade Koffler, Chief Operating Officer at YES Leasing. “With BMO’s support, we will continue advancing our vision of becoming the most trusted, efficient, and client-centered leasing partner in the non-prime market. BMO’s deep industry expertise and longstanding commitment to equipment finance make them an exceptional partner.”
Tony Syracuse, YES Leasing’s Chief Revenue Officer, added, “This facility enables YES Leasing to expand upon our 50-year track record of getting tough deals done. By working with YES Leasing, our brokers are converting more deals for their vendors than ever before.”
The renewed facility enables YES Leasing to fund a wide range of commercial equipment up to $350,000, including construction, landscaping, utility and specialized industrial assets.
About YES Leasing
YES Leasing is a small-ticket equipment financing company founded in 1975 with offices in Miami, Florida and Atlanta, Georgia. The company specializes in providing commercial equipment leasing and financing to business owners without established credit. YES Leasing funds leases directly and serves a nationwide network of referral partners. For more information, visit www.yesleasing.com or contact sales@yesleasing.com.
