EverBank has significantly expanded and strengthened its equipment finance capabilities by launching a 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," Carr said. "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 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 more than 25 years' experience 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.