Fortis, a commercial bank covering Colorado and Utah, hired four new banking teams in Salt Lake City. In connection with the hirings, Kristopher Adams will be responsible for the continued expansion and growth of Fortis’ SBA lending strategy, while Michael Borys, Jon Moir and Lindsey Williams will lead teams in the Utah commercial banking market.
“We are pleased to continue to expand our presence in Utah, furthering our commitment to serving the market and supporting the local community,” Chris Luce, CEO and co-founder of Fortis, said. “Fortis continues to build teams of bankers who bring breadth and depth of industry experience and do not require layers of middle management to be successful. We are fortunate to have welcomed nine veteran bankers over the past year in both Colorado and Utah.”
“Our new teams fit perfectly into the Fortis business model that our clients have come to appreciate and expect,” Josh Peters, chief lending officer at Fortis, said. “We expect consistent growth within our commercial, specialty and treasury management departments and look forward to the continued expansion of our SBA products and offerings. Our focus on the development of our people and products will enhance our market position as our clients continue to grow so they can focus on what matters most to them: running their businesses.”
“Bankers chose Fortis because of our lack of bureaucracy,” Luce said. “This gives them the ability to better serve their clients compared to the regional or money center banks. We reward our bankers with a simple, performance-based compensation model that continues to deliver superior results to our clients.”
One of the time-honored principles of the Bankruptcy Code (the code) is that, with limited exceptions, only debtors actually in bankruptcy proceedings can avail themselves of the benefits of the code. This generally means that non-debtors cannot take advantage of... read more
I wanted to personally thank the equipment finance industry for its continued support of the association. The board of directors and my team work tremendously hard to serve the needs of our members. First and foremost, the National Equipment Finance... read more