SunTrust factoring office opens in High Point
By Furniture Today Staff -- Furniture Today, April 14, 2002
HIGH POINT — SunTrust Bank has opened an office here of its Receivables Capital Management unit, which offers factoring services to the furniture and other industries.
The new office is managed by Charles W. Dalton and John J. Nooney. Other members of the High Point staff include relationship managers John G. Davis and David R. Hart. All four were previously with GE Capital Commercial Service Corp. and have more than 70 years of combined experience in factoring.
SunTrust also is adding to its Receivables Capital Management office staff in New York. New to that office are Allan Shebovsky and Paul J. Kutzman, relationship managers, and Fred Berger, new business representative. All came to SunTrust from GE Capital.
"Our new office in High Point and the additions to our management team in New York will allow us to better serve our clients and strengthen our position in the industry," said Tim Woodall, senior vice president and manager of SunTrust Receivables Capital Management.
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