Corporate Vision November 2017

CORPORATE VISION / November 2017 5 NEWS , On the 1st November, real estate investment trust that invests in single-tenant net lease real estate, Four Springs Capital Trust (“Four Springs”) announced that Michael S. Dana has been appointed to its Board of Trustees as a new independent member, effective September 6, 2017. With this announcement, Four Springs’ Board of Trustees now consists of seven members, including four members who are independent in accordance with New York Stock Exchange listing standards. “We are excited to have Michael join our Board of Trustees,” said William P. Dioguardi, Chair- man of the Board of Trustees and Chief Executive Officer of Four Springs. “With over 30 years of real estate and finance experience, including in capital markets, investment banking and direct investments in real estate, Michael brings significant insight and expertise that will make him a valuable addition to our Board. We are confident that Michael will be a great asset to Four Springs as we continue to grow.” “I share Bill’s excitement about my joining the Board of Four Springs,” said Mr. Dana. “Four Springs has a proven track record of successfully investing in net lease real estate. Over the last 5 years, the Four Springs team has assembled a high qual- ity portfolio of real estate with its focused investment strategy and has strategically built a robust net lease investment platform. I look forward to working with the entire Board and management team to continue to grow Four Springs into a leading net lease REIT and to create value for its shareholders.” Mr. Dana currently serves as President and Chief Executive Officer of Onex Real Estate Partners, a division of Onex Corporation, a publicly traded in- vestment management company with approximately $25 billion of assets under management. From the beginning of his tenure at Onex Real Estate Partners in January 2005, Mr. Dana has been in charge of oversight of all real estate investment decisions One of the nation’s oldest and largest financial institutions, Citizens Bank has launched a new digital lending capability that will make it easier for small business custom- ers to apply and receive approv- als for loans. Provided through a collaboration with Fundation, a leading digitally-enabled lender and credit solutions provider, the new lending platform advances Citizens’ strategy of leveraging in- novative digital technologies that create excellent end-to-end cus- tomer experiences. The new service will enable small businesses to apply for loans and lines of credit through a simple online application. In most cases customers are notified of approv- al decisions the same business day, and loans are funded within three business days. Addition- ally, Fundation will offer credit to some customers that do not meet Citizens’ credit guidelines, help- ing the bank to serve more of its small business customers’ credit needs. The service will also be of- fered in other channels including retail branches. “We understand that our small business customers are busy run- ning their businesses and serving customers, so there’s little time left for lengthy applications, doc- umentation, meetings and waiting for answers,” said Jack Murphy, president of Business Banking at Citizens Bank. “With our new dig- ital lending technology, we have simplified the process of applying for smaller credit requests and are making it possible for more businesses to access the credit they need online, with rapid deci- sion making and funding.” Sam Graziano, CEO of Funda- tion, added, “We believe what Cit- izens Bank has created is the ide- al model of how to leverage the collective strengths of a digitally minded bank with a digital solu- tions company like Fundation. The results are already showing that the Bank will be able to re- ward a broad array of small busi- nesses with the type of borrowing experience they are coming to expect from best-in-class finan- cial services companies.” The service offers an all-digital experience, including electronic closing, an online portal to man- age the loan and funds depos- ited directly into a Citizens Bank business checking account. Customers can also speak with a Relationship Manager to guide them through the entire process, if desired. Citizens Bank made this new dig- ital lending capability available to select small business customers in September. The bank expects to make it widely available to all small businesses across its franchise over the next several months. The collaboration with Fundation represents the latest Citizens Bank digital initiative, following the launch of a digital advisory service called SpeciFi SM that of- fers customers integrated bank- ing and digital investment servic- es. New Digital Lending Capability Citizen Bankmakes it faster, easier to get small business loans with a new digital lending capability. as well as the strate- gic direction of Onex Real Estate Partners. Prior to forming Onex Real Estate Partners, Mr. Dana accumulated over a decade of investment banking experience that culminated at Credit Suisse First Boston, where he served as the North American Head of Real Estate Investment Banking. During Mr. Dana’s ten- ure at Credit Suisse First Boston, Mr. Dana oversaw and advised both public and private compa- nies on several billion dollars of transactions, including mergers and acquisitions, corporate recapitalizations, initial public offerings and other capital raising activities. Prior to investment banking, Mr. Dana ran the capital markets division of Equitable Real Estate.