“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.
More Articles on Surgery Centers:
5 Recent Surgery Center Moves
7 Key Notes on ASC Management & Development Companies
Effectively Reduce A/R Days at Surgery Centers: Q&A With Rebecca Overton of Surgical Management Professionals
