SunTrust Banks, Inc. today announced that its Receivables Capital Management unit, formerly known as SunTrust Bank Factoring, has opened a new office in High Point, North Carolina, and enhanced the management of its New York office.
The High Point office is managed by factoring industry veterans Charles W. Dalton and John J. Nooney. Also joining the High Point team are John G. Davis and David R. Hart who have been named Relationship Managers. All four joined SunTrust from GE Capital Commercial Services Corp., and they have more than 70 years of combined experience in the factoring industry.
Joining the SunTrust Receivables Capital Management office in New York are Allan Shebovsky, Paul J. Kutzman, and Fred Berger who have been named Relationship Managers and New Business Representative, respectively. With more than 80 years of combined industry experience, these executives also joined SunTrust from GE Capital Commercial Services Corp.