equine assets

An established Kentucky bank is emerging as a new player in the equine lending sector. Independence Bank, a primarily commercial institution with a large footprint in the western part of the state and an asset portfolio that emphasizes agriculture, expanded into Louisville in 2016 and just this fall hired the Lexington-based Ted Berge, who has three decades of Thoroughbred-specific banking experience, to be its director of equine services. "When you think about equine lending and you talk to anybody in the industry, Ted Berge's name comes up first," Louis Straub...