SunTrust expands aging services industry group nationally [Seeking Alpha]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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US:NYSE Investor Relations:
investors.suntrust.com/overview/default.aspx
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Source: Seeking Alpha
SunTrust expands aging services industry group nationallySunTrust Banks (NYSE:STI) is expanding its group that serves senior housing providers and communities from select regions to a nationwide presence.The aging services/senior living industry practice group provides capital for new construction needs, expansion of facilities, equipment and service offerings, and helps clients manage the working capital cycle via a robust treasury management program, STI says.In the U.S., the number of individuals aged 85 or older is expected to grow from 5.6M people in 2010 to 19M in 2050, an increase of 231%, STI says."We saw an opportunity to fulfill our purpose of advancing financial well-being by addressing the needs of many senior housing providers and communities nationwide who are underserved and require access to capabilities beyond just a traditional bank loan," said Jason Cagle, head of Commercial Banking at SunTrust.Source:Press ReleaseClick to subscribe to real-time analytics on STINow
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STI
Sec Filings
- 4/19/24 - Form 8-K
- 4/15/24 - Form S-1
- 4/12/24 - Form 10-K
- STI's page on the SEC website