Siena Lending Group closed a firm-record $220 million in credit facilities in Q2 2021, then immediately followed that achievement by delivering an $80 million financing solution to iMedia Brands, Inc. in July.

Both figures highlight the continuing growth of Siena’s lending capacity, which has steadily expanded since our inception. As a result, we’ve underwritten credit facilities totaling nearly $2 billion in under a decade.

Today, Siena provides holistic financing solutions up to $100 million. Backed by Benefit Street Partners, we’ve built a robust loan portfolio and a team of asset-based lending experts known for their creativity and in-depth knowledge across industries.

Christmas by Krebs—a Christmas ornament manufacturer—should have become a nonessential business during Covid-19, but quickly found a way to stabilize their workforce and support the frontline. 

Management pivoted from manufacturing ornaments to producing and assembling medical plastic face shields/direct splash protective face shields in both their Roswell, New Mexico and Juarez, Mexico facilities. This adjusted approach is helping fill the supply gap for healthcare workers responding to Covid-19 patients, and keeping their business operational during this challenging time.

During the COVID-19 pandemic, Southwest Spirits and Wine saw an opportunity to help by producing and donating hand sanitizer.

Siena Lending understood the importance of their efforts and supported Southwest Spirts and Wine through their endeavor. The company was able to produce and donate over 25 tons of hand sanitizer to benefit their local North Texas community including their employees and front line first responders.