Pitney Bowes Financial Inks Term Loan With Zion Delivery Service


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


  • Pitney Bowes Inc's (NYSE:PBIPitney Bowes Bank signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc (ZDS) of Long Beach, California.
  • ZDS specializes in Last-Mile Delivery support for large national and regional carriers in Los Angeles County, Orange County, and other markets across Southern California.
  • The credit facility from Pitney Bowes provides ZDS with the working capital, liquidity, and flexibility required to generate sustained growth.
  • "We are pleased to support ZDS through our deep expertise in the shipping and logistics industry. This deal embodies our strategy to continue to grow with companies like ZDS that are well poised in this rapidly expanding market segment," commented Christopher Johnson, SVP and President, Pitney Bowes Financial Services, and Board member of the Bank.
  • Price Action: PBI shares are trading higher by 1.29% at $5.11 on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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