The Bank Slate

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Scale Bank in Minn. applies to merge with factoring company

Scale Bank in Edina, Minn., has filed to merge with Provident Commercial Finance in Chattanooga, Tenn.

The $557 million-asset Scale Bank submitted an application on Dec. 29, according to a public notice.

Provident Commercial Finance is a factoring company with a focus on commercial financing and the transportation sector.

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