EverBank Commercial Finance announced the appointment of David Silvers to lead the firm’s funeral vehicle financing segment, a new business line within the industrial group. Silvers will report to Ray Sullivan, sales leader of EverBank Commercial Finance’s Industrial Group.

Silvers joins EverBank Commercial Finance from First Source Bank, where he spent nearly a decade. In his role as leader of First Source’s funeral car financing division, Silvers worked directly with dealers, financing and leasing vehicles for funeral homes throughout the U.S.

“David will be an invaluable addition to the EverBank Commercial Finance team as we expand our specialty vehicle unit to encompass funeral vehicles,” said Sullivan. “David’s deep expertise in the field will enable us to continue to deliver to our customers unparalleled industry knowledge and tailored financing options that meet all of their business needs.”