Commercial Banking
CIF Bank offers big bank capabilities and boutique bank service to support your goals.
Through our full-service commercial bank, CIF Bank, we provide commercial, personal and online banking solutions to the Mid-Atlantic business community and national healthcare market. We also offer niche financing, leverage lending and equipment finance and leasing for our clients. With extensive lending capacity, competitive rates and decades of industry experience, we proudly deliver big bank capabilities and expertise with relationship-driven boutique bank service through our full suite of commercial banking solutions.
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Benefits
- Remote deposit capture
- Online banking
- Wire transfer origination
- Deposit account control agreement (DACA)
- Zero balance account (ZBA)
- Fraud prevention products, including positive pay and ACH filter/block
- Merchant capture
- Corporate credit cards
- Cash management
Being in the cannabis industry, it’s not easy to find a banking partner but CIF makes it easy. They share our vision for growth and have developed creative solutions to help us scale and grow. With CIF as our partner, we’re doubling our size.
Jake Van Wingerden, SunMed Growers
Track Record
CIF has a highly-successful track record of creating new products and investment platforms that are tangential to and leverage the entire CIF family of companies.
Long-Term Care Portfolio | Nationwide
Overview
CIF closed a $262.6 million term loan to support the refinancing of a 29-asset long-term care portfolio. Spanning Colorado, California and Wyoming, the portfolio includes 28 skilled nursing facilities and one joint skilled nursing and assisted living facility, with a total of 3,140 beds.
Approach
This transaction featured several parties and was rather complex, however, utilizing CIF’s one-stop shop financing offerings allowing for a simplified loan process, CIF underwrote the transition of the portfolio to four new regional operators, from the previous operator, which had announced these divestitures in 2020. The real estate ownership of the portfolio did not transition.