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TMCNet:  Banyan Finance, LLC Names Scott L. Meyer, C.P.A. As Controller

[January 27, 2014]

Banyan Finance, LLC Names Scott L. Meyer, C.P.A. As Controller

BOCA RATON, Fla. --(Business Wire)--

Banyan Finance, LLC today announced that it has named Scott L. Meyer, C.P.A. as Controller. In that role, he will work closely with CEO Ross E. Elgart and other members of the senior management team in implementing the company's growth strategy.

Banyan Finance is the leader in the fast-growing Casualty Medical Plan segment, which offers physicians and other medical services providers, including MRI facilities, hospitals, and ambulatory surgery centers, an alternative reimbursement source to traditional health insurance for uninsured and underinsured accident victims.

Prior to joining Banyan Finance, Mr. Meyer worked for the international accounting firm of Deloitte (News - Alert) & Touche, LLP as a manager in its audit and enterprise risk services division. At Deloitte, his audit clients included large, multinational SEC (News - Alert) registrants as well as small, private companies. Mr. Meyer assisted clients with debt and equity offerings as well as acquisitions and dispositions, and has significant knowledge of financial reporting requirements and Sarbanes-Oxley Section 404 requrements on internal controls over financial reporting


Mr. Elgart said, "Scott is a valuable addition to the Banyan Finance management team, whose members have experience at such world class companies as Morrison & Foerster, Cadwalader Wickersham & Taft, Geico, State Farm and Goldman Sachs. His background in advising companies on corporate finance and financial reporting requirements will be useful as we continue to expand Banyan Finance's position in the Casualty Medical Plan segment as the premiere alternative reimbursement source to traditional health insurance for physicians and other medical services providers who treat uninsured and underinsured accident victims."

Mr. Meyer will work in the company's Boca Raton headquarters.

He received his Bachelors of Business Administration from the University of Miami and is a member of the American Institute of Certified Public Accountants.

About Banyan Finance, LLC

Founded in 2007, Banyan Finance is the leading resource in the Casualty Medical Plan segment for physicians and other medical service providers. As a guarantor of Casualty Medical Plans for the medical industry, Banyan Finance has paved the way for tens of thousands of uninsured and underinsured accident victims to receive necessary medical treatment and simultaneously deliver the highest level of service and guaranteed minimum reimbursement to caregivers.

Headquartered in Boca Raton, FL, Banyan Finance currently operates in 38 states and employs its diversified capital sources to ensure unrivaled funding capacity for reimbursements under Casualty Medical Plans. All of Banyan Finance's employees are HIPAA certified.

For more information about Banyan Finance's services, please go to http://www.banyanfinance.com/.


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