Specialty commercial lending a focus for Capital One

05/8/2012 | AmericanBanker.com (free registration)

Capital One is among a shrinking number of banks focused on customers seeking niche commercial loans, for needs such as a municipal garbage truck or a health care purchase, says Mike Slocum, head of the commercial banking unit. The specialty lending can help boost bank profits, and it's part of Capital One's push to transform itself from primarily a credit card lender to a full-service commercial bank.

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