EverBank Commercial Finance has expanded its equipment finance team with the recent hiring of Michael Fuoti, Business Development Manager. In this role, Mike will focus on originating equipment and infrastructure asset financing opportunities in and around the rail, marine, and intermodal sectors. 

Fuoti has over 20 years of proven success in originations, structuring, placements and syndication with expertise in transportation equipment, infrastructure assets and project finance. He most recently served as Director of Structured Asset Finance at Commonwealth Bank of Australia. Previously, Fuoti worked at BB&T Equipment Finance, RBS Asset Finance, and CIT Group, among others.

“Michael has a long history of successful transaction executions and closings with a deep understanding of the industry,” said Ken Walters, EverBank Capital Equipment Finance Managing Director. “We’re excited to have him on the team and to draw on his expertise.”

Mike earned his M.B.A. from the University of Michigan’s Stephen M. Ross School of Business and his B.S. in Accounting from Villanova University.

EverBank Commercial Finance, a subsidiary of EverBank, provides equipment financing, asset-based lending and specialized financial solutions to U.S.-based businesses through its Capital Equipment Finance, Vendor Equipment Finance, and Lender Finance businesses. Capital Equipment Finance structures transactions to meet the capital needs of middle-market and large corporate companies throughout the U.S.