New commercial division strengthens EverBank’s equipment finance capabilities, offering structured equipment loans and leases to large and middle-market companies
, /PRNewswire/ — EverBank has significantly expanded and strengthened its equipment finance capabilities by launching its new Corporate Asset Finance division. To lead the new business, the bank has appointed industry veteran Maureen Carr as Managing Director.
The new division focuses on offering mid- to large-ticket equipment financing, complementing EverBank’s existing Vendor Equipment Finance business. The team will focus on financing a diverse range of equipment, including vessels, railcars, aircraft, manufacturing, construction, transportation, technology and renewables. Additionally, EverBank’s all-encompassing product offerings range from loans to fair market value leases including finance leases, TRAC leases and lease discounting, making it a comprehensive equipment finance provider for large and middle-market companies.
“What drew me to EverBank is the unique combination of being a nimble, entrepreneurial institution with a strong commitment to building out this business,” said Carr. “EverBank …