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Balance Sheet Cash Flow Statement 500 Boylston St., Ste. 1600 Boston, MA 02116 MA Tel. 617-848-2500 Fax 617-848-4300 |
Type: Public
On the web:
http://www.newstarfin.com
Employees:
94
Employee growth: (28.8%)
Midsized companies can get the loans they need from NewStar Financial. The company provides a variety of loans (primarily senior debt) for refinancing, acquisitions, consolidations, and commercial real estate purchases (primarily office and multifamily residential). Other areas of focus include structured products for specialty finance companies. It serves clients in industries including retail, consumer products, media, and business services; customers include TIDI Products, Oak Street Financial , and Excelligence Learning Corporation. The company has offices in California, Connecticut, Illinois, Massachusetts, and South Carolina. NewStar has applied to convert to a commercial bank holding company.
Key numbers for fiscal year ending December, 2008:
Sales: $121.5M
One year growth: 82.9%
Net income: $22.4M
Officers:
Chairman, President, and CEO: Timothy J. Conway
CFO: John K. Bray
Managing Director and Head, Sales and Trading: R. Scott Poirier
Competitors:
Bank of America
CIT Group
GE Commercial Finance
