Bank Subsidiary, Peapack Capital, Celebrates 5th Anniversary
Bedminster, NJ, April 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) proudly celebrates the 5th anniversary of the launch of its equipment leasing and financing arm, Peapack Capital.
Over the past five years, Peapack Capital, a Peapack-Gladstone Bank subsidiary founded in April of 2017, has originated over
“Peapack Capital has consistently achieved its new business goals and has created a strong and diversified portfolio that has performed very well despite a challenging environment,” said Greg Smith, Senior Executive Vice President and Head of Commercial Banking at Peapack-Gladstone Bank. “The equipment financing business is an important part of our commercial banking strategy. Our full suite of leasing solutions is a significant contributor to the bank’s overall results.”
Peapack Capital has been named a Monitor ‘Top 50 Bank’ and ‘Top 100 Company’ for the last several years, solidifying its place in this competitive space.
“We are proud to reach this early milestone and to have built a cohesive team of talented professionals, who excel at providing best-in-class service,” said Smith. “And we are thankful to our partners and clients who have trusted us to help them achieve their goals.”
Peapack Capital is headquartered in Bedminster, NJ and provides equipment and asset financing from
About the Company
Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of
Contact: Denise M. Pace-Sanders, SVP Managing Principal, Brand and Marketing Director, dpace@pgbank.com, 908.470.3322, Peapack-Gladstone Bank, 500 Hills Drive, Suite 300, Bedminster, NJ 07921.
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