Atlantic Capital Bancshares in Atlanta has formed a lending division to focus on the emerging film and entertainment industry in Georgia.
The $2.6 billion-asset company named Jennifer Hall to lead the division, it said Tuesday. Hall is Atlantic Capital's senior vice president for corporate financial services. She previously worked for SunTrust Banks.
Atlantic Capital plans to offer corporate and small-business treasury and financing services to entertainment companies that operate permanently in the state, or have temporarily located in Georgia for specific projects. Target borrowers range from local film crews to major studios, Hall said in a news release.
Community banks have expanded commercial lending groups to cover various industry sectors, in the search for loan growth. The $6 billion-asset Eagle Bancorp in Bethesda, Md., has recently added teams for making Federal Housing Administration-insured loans for multifamily rental properties, and for equipment leasing. The $34 billion-asset Signature Bank in New York last year expanded into municipal finance.