signature financial group, llc

Signature Financial Group, LLC, commonly known as Signature Financial, was a wholly-owned subsidiary of New York-based Signature Bank. Established as a leader in specialty finance, the company focused on providing a range of commercial financing and leasing products. Its primary business lines included equipment finance for various industries, transportation finance for trucks and trailers, and franchise finance for quick-service restaurants. The company operated with a nationwide presence. In March 2023, its parent company, Signature Bank, was closed by regulators. Subsequently, the FDIC facilitated a deal where Flagstar Bank, N.A. acquired substantially all of Signature Bank's deposits and certain loan portfolios, including the operations of Signature Financial. The business now operates as part of Flagstar Bank's specialty financing division.