EverBank Business Credit broadened its product offerings in healthcare lending with the recent hiring of Tim King as managing director of Healthcare.

King has more than 20 years of asset-based lending experience, with the past 14 years dedicated solely to healthcare lending. He most recently was senior vice president of Underwriting and Portfolio Management with Healthcare Finance Group. Previously, King worked at CapitalSource, a division of Pacific Western Bank, Wachovia Capital Finance and Deutsche Commercial Finance.

“Tim has a deep understanding of the reimbursement and regulatory issues facing healthcare providers,” said Mark Fagnani, EverBank senior vice president. “I’m excited to have his level of expertise onboard as we further tap into this key niche sector of the American economy.”