FSG Bank announced that Milton Blair has joined the organization as a Senior Vice President and Director of FSG Business Credit. Blair brings over 25 years of banking experience to his new position managing the bank’s asset based lending activities to small and mid-sized businesses.
Asset based loans are used to meet various cash flow needs of growing companies, such as payroll, managing receivables, or building inventory. Blair has an extensive Business Credit background developed during his tenure leading these activities at First American National Bank, Commercial Capital Inc., and Community Business Finance Inc.
Mike Kramer, FSG Bank’s President and Chief Executive Officer said, “Sophisticated business credit and monitored lending services are sorely missing from the product offering of most Community Banks today.
Milton brings over 25 years of experience focused on providing these services for small to medium sized business banking clients. Milton and his team will complete our full service approach to banking small to medium sized business and institutional clients. We couldn’t be happier to have Milton join the FSG team.”
Mr. Blair earned his Bachelor of Science with a double major in Accounting and Finance from the University of Alabama in Birmingham. He is a past member of the Board of Directors of the Commercial Finance Association and a current member of the Tennessee State Society of Certified Public Accountants.
The Business Credit unit will be located in Chattanooga at the FSG Bank headquarters at 531 Broad Street. Mr. Blair may be reached at 308-2094 or at mblair@fsgbank.com.