TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
October 24, 2024
Source: Yahoo Finance
New commercial division strengthens EverBank's equipment finance capabilities, offering structured equipment loans and leases to large and middle-market companies
JACKSONVILLE, Fla., Oct. 23, 2024 /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 understands the complexities and needs of the companies we are targeting—whether in manufacturing, marine or transportation. As a bank deeply familiar with this space, we're able to offer tailored and innovative financing solutions that truly align with our clients' goals. The bank's size allows us to move quickly, and the synergy with EverBank's established Vendor Equipment Finance business has allowed us to hit the ground running, closing deals quickly and building significant momentum."
With nearly 30 years of experience, Carr brings a wealth of knowledge and expertise. Prior to joining EverBank, Carr served as Managing Director of Corporate Asset Finance at Pacific Western Bank (formerly CapitalSource), where she spent 14 successful years. She also previously led Capital Markets at Tygris Financial and Royal Bank of Scotland. Carr also served on the Equipment Leasing and Finance Association Board from 2020 through 2022.
In addition to Carr, EverBank's Corporate Asset Finance division includes 11 experienced industry professionals with an average of 25+ years in the Equipment Finance Industry. The team has already closed several transactions since the division began operations in June 2024, and expects to carry that momentum through the end of the year and into 2025.
About EverBank
EverBank, N.A. ("EverBank") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers across Florida. EverBank's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money. Visit everbank.com or connect and interact with us on Facebook, Instagram, LinkedIn or X (formerly Twitter). EverBank is a Member FDIC.
About EverBank Corporate Asset Finance
EverBank Corporate Asset Finance is a division of EverBank, N.A. (EverBank), a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. The Corporate Asset Finance division is responsible for all aspects of strategic direction, business development, credit, asset management and operations for the bank's Corporate Asset Finance business. Our specialized Corporate Asset Finance team comprises some of the industry's most experienced asset finance professionals, who are uniquely positioned to design tailored solutions that meet ever-changing client needs.
Media Contact
John Perilli
Prosek Partners for EverBank
jperilli@prosek.com
(646) 818-9264