EverBank Commercial Finance to Enter Golf Equipment Finance Market

| August 14, 2012 | 0 Comments


Commercial Finance, Inc.
, the equipment financing and asset-based
lending subsidiary of EverBank
and EverBank Financial Corp
(EVER), announced today the
addition of a new golf equipment finance specialty to the company’s Industrial
. The new group will provide financing solutions to major golf
equipment distributors and their customers nationwide. The team will be
led by Tom Barber, who joins EverBank from TCF Equipment Finance, Inc.
Mr. Barber will report to Sam Smith III, Managing Director of EverBank
Commercial Finance’s Industrial Group.

Mr. Barber has over 30 years of experience in the leasing and equipment
finance industry. While at TCF Equipment Finance, Inc., he built a
successful golf financing practice as Vice President of Sales and
National Account Manager in the company’s golf equipment division.
Previously, he held senior business development and leasing management
positions with Northland Capital Financial Services, GreatAmerica
Leasing, Copelco Capital, LeaseAmerica and GE Capital.

Joining Mr. Barber from TCF will be Adam Stout, Matt Stangl and John
Michel, sales professionals with deep, long-term relationships with the
major golf equipment manufacturers and distributors in the U.S. market.

“The addition of the golf equipment specialty to our vendor finance
platform complements our strong position in the plastics, packaging,
machine tool, food processing, construction, specialty vehicle and
manufacturing segments of the industrial market,” said Sam Smith III,
Managing Director of the Industrial Group. “As interest in golf
continues to grow in the U.S., we are very excited to have Tom and his
talented team on board to help bring EverBank Commercial Finance’s
innovative lease financing solutions to the golf industry’s leading

The golf equipment finance group at EverBank Commercial Finance will
initially focus on providing equipment finance and lease solutions to
the manufacturers of golf cars, turf maintenance equipment and other
related golf course and club house equipment.

About EverBank Commercial Finance, Inc.

EverBank Commercial Finance, a subsidiary of EverBank, provides
equipment financing, asset-based lending and specialized financial
solutions to US-based businesses. The Vendor Finance Group serves
vendors, dealers and manufacturers in the industrial equipment,
healthcare, office equipment, and technology markets. The Lender Finance
Group offers a variety of credit and non-credit products to specialty
finance businesses on a national basis. For more information, please

About EverBank

EverBank, a federal savings bank and a subsidiary of EverBank Financial
Corp (EVER), headquartered in Jacksonville, FL, delivers a diverse
range of financial products and services directly to clients nationwide
through multiple business channels. EverBank offers a broad selection of
banking, lending and investing products to consumers and businesses,
through the internet, over the phone, through the mail and at its
Florida-based financial centers.

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