EverBank Vendor Equipment Finance

EverBank Vendor Equipment Finance Logo

Company Info

10 Waterview Blvd
Parsippany, NJ 07054

Megan Sundmaker

Primary Contact
904-707-9257
[email protected]

Justin Tabone

Alternate Contact
(973) 576-0679
[email protected]
EverBank Vendor Equipment Finance is a:
Last Update: 02/06/2024

Core Business Focus

EverBank's Capital Markets group is established in both buying and selling relationships. We have the flexibility to purchase one off transactions and portfolios with the expertise to provide funding for a variety of industry-specific asset and obligor types. Our consistent and reliable source of funds can generate efficiency and profitability for our clients.

Company Type

Bank

Type of Funding Source/Buyer

Investor, Lender

Annual Volume Funded

1 Billion - 1.1 Billion

Credit Criteria

  • HLT
  • Investment Grade
  • Lower Middle Market
  • Middle Market
  • Municipal / Government
  • Near Investment Grade

Transaction Size

Highest

Average

Lowest

$10,000,000.00

$250,000.00

$50,000.00

Lease Terms

Longest

Average

Shortest

84 months

60 months

12 months

Lease Structures

  • Conditional Sale / Money-Over-Money
  • Debt
  • Operating Lease
  • TRAC
  • Vendor Finance

Originates Paper?

Yes

Syndicates/Sells Paper?

Yes - Originate through vendor programs.

Equipment Types We WILL Finance

  • Construction
  • Emergency Vehicles
  • Machine Tool
  • Material Handling
  • Medical
  • Software
  • Technology
  • Trucks and Trailers
  • Utility
  • Waste Removal

Equipment Types We WILL NOT Finance

  • Agricultural
  • Aircraft
  • Automobile
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Furniture / Fixtures
  • Gaming
  • Graphic Arts
  • Intermodal
  • Laundry / Drycleaning
  • Marine
  • Mining
  • Modular Buildings
  • Oil and Gas
  • Packaging / Plastics
  • Project Finance
  • Rail
  • Recreation / Fitness
  • Recycling
  • Renewable Energy
  • Restaurant
  • Retail

Industry Financing Preferences

Healthcare, Telecommunications, Information Technology, Transportation, Construction, Material Handling, Manufacturing, Trucks, and Trailers

Our Company is a(n):

Credit Lender

Accepts Soft Assets?

Yes

ELFA Business Councils

Bank, Captive and Vendor Finance

Start of the Fiscal Year

January