EverBank Business Capital announced the hiring of Ernie Meland, business development manager. Meland will be a generalist for all of the industries EverBank serves.

Meland has over two decades of proven success in originating, structuring, and underwriting secured transactions, and building client relationships and portfolios.  He joins EverBank from Regions Equipment Finance Corporation, where he was a vice president. Previously, Meland held a variety of senior positions with GE Capital including senior vice president, senior account manager and enterprise client manager. He brings expertise in all aspects of loan origination, financial modeling, underwriting and portfolio management.  

“Ernie is a driven leader who will bring a renewed energy to our direct sales team,” said Ken Walters, managing director, Business Capital. “We are particularly excited to combine Ernie’s intimate knowledge of the industry with EverBank Business Capital’s value proposition of providing a full suite of senior secured financing solutions to middle market companies nationwide.”

The EverBank Business Capital team provides asset-based revolvers and term loans, equipment loans and leases and leveraged loans to support working capital and equipment needs, growth strategies, acquisitions, refinancing, and recapitalizations of middle market companies nationwide. With deep industry expertise, Business Capital offers customized structured financing solutions across a broad range of asset types and industries, including manufacturing, construction, transportation, healthcare, tech/telecomm, wholesale and retail. The hold position is up to $40 million, with the capability and expertise to arrange larger transactions through capital markets placements and other syndications strategies.