Enterprise Bank & Trust Establishes Professional Practice Finance Division Within Specialty Lending
Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (NASDAQ: EFSC), recently announced the creation of a Professional Practice Finance Specialty Lending Division. Enterprise has hired two industry veterans, Howard Boles and Michael King, to lead this new division.
The Professional Practice Finance group will serve the licensed professional service industry across the U.S., providing custom financing solutions and additional financial products. For more than two decades, Boles and King have worked with dentists, veterinarians, physicians, optometrists, CPAs and other professionals, to facilitate the purchase and growth of their practices.
Boles has been appointed the SVP, Director of Practice Finance of Enterprise’s Professional Practice Finance Division. He has served the practice finance lending niche for more than 25 years, most recently as the Senior Vice President, Professional Practice Finance at HomeStreet Bank based in Irvine, California.
King will serve as the division SVP, Credit and Operations Manager. With more than three decades of business lending experience, King has created and developed underwriting departments for multiple banks that quickly became national leaders in providing financing to the healthcare and professional practice industries. In his most recent role at United Midwest Savings Bank (Columbus, Ohio), King was Vice President and Underwriter, lending nationally to dentists, veterinarians, optometrists and other medical professionals.
“Howard and Michael bring profound expertise in the professional practice finance specialized lending niche that will allow Enterprise to swiftly rise to meet the needs of licensed professionals nationwide,” says Abby Kepple, President, Specialized Lending at Enterprise. “As both a conventional and an SBA preferred lender, we are equipped to assist practices with all of their banking needs, provide flexible, personalized service and build strong client relationships, as Enterprise always strives to do.”
For more information, visit enterprisebank.com/professional-practice-finance.
About Enterprise Bank & Trust
Enterprise Bank & Trust is a growing financial services partner focused on guiding people to a lifetime of financial success. We empower privately held businesses to succeed, helping families to secure their financial futures, and invest to advance the quality of life for the communities we serve. Enterprise is built on trusted, personal relationships and offers a range of business and personal banking services, wealth management services and a variety of specialized banking services. Enterprise Financial Services Corp (NASDAQ: EFSC), with approximately $12.7 billion in assets, is a bank holding company headquartered in Clayton, Missouri. Enterprise Bank & Trust operates 47 branch offices in Arizona, California, Kansas, Missouri, Nevada and New Mexico, and SBA loan and deposit production offices in Arizona, California, Colorado, Illinois, Indiana, Massachusetts, Michigan, Nevada, Ohio, Oregon, Texas, Utah and Washington. Additional information is available at www.enterprisebank.com. Member FDIC.