First Citizens Bank and Sixth Street Announce Launch of Sixty-First Commercial Finance to Provide Flexible Capital Equipment Financing Solutions to Middle Market Companies
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First Citizens Bank and Sixth Street have launched Sixty-First Commercial Finance, a joint venture to provide capital equipment financing to middle market companies. The platform will offer financings from $5 million to $100 million across various industries.
February 05, 2025 | 2:15 pm
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First Citizens Bank has partnered with Sixth Street to launch Sixty-First Commercial Finance, targeting middle market companies with capital equipment financing solutions.
The launch of Sixty-First Commercial Finance is a strategic move by First Citizens Bank to expand its offerings in the capital equipment financing sector. This partnership with Sixth Street could enhance First Citizens Bank's market position and revenue potential, positively impacting its stock price.
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