Evolve Bank & Trust Adds Physician & Surgery Center Lending Expertise
Evolve Bank & Trust to expand the company's lending operations with his expertise of lending to physicians and physician-owned ambulatory surgery centers, surgical specialty centers and hospitals.
"Evolve is a perfect fit," said Mr. Hammond in a news release. "With their support system and resources, we can further penetrate this market and improve our business while at the same time providing a substantial benefit to our customers. I'm excited about this new partnership and ready to work."
The Memphis, Tenn.-based Evolve Bank & Trust currently operates five full service stores in Arkansas and Tennessee with more than 30 mortgage production offices across the country. As a division of Evolve Bank & Trust, Physicians Capital now has the benefits of a permanent source of capital and access to better resources with which to execute its business plan.
Physicians Capital provides physician buy-in loans of at least $50,000 and commercial loans of up to $3 million for ASC capital projects.
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