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EverBank Business Credit Broadens Reach Into Healthcare

September 21, 2015, 07:03 AM

EverBank Business Credit broadens its product offerings in healthcare lending with the recent hiring of Tim King, Managing Director, Healthcare. 

King has over 20 years of asset-based lending experience, with the past 14 years dedicated solely to healthcare lending.  He most recently was Senior Vice President of Underwriting and Portfolio Management at Healthcare Finance Group.  Previously, King worked at CapitalSource, a division of Pacific Western Bank, Wachovia Capital Finance and Deutsche Commercial Finance. 

“Tim has a deep understanding of the reimbursement and regulatory issues facing healthcare providers,” said Mark Fagnani, EverBank Senior Vice President. “I’m excited to have his level of expertise onboard as we further tap into this key niche sector of the American economy.”

EverBank Business Credit provides credit facilities from $5 million - $50 million to qualified businesses with revenues up to $500 million.  The Business Credit team leverages their ABL expertise and EverBank’s diverse product set to provide clients a full suite of commercial lending offerings.

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