Working Capital Loans and Lines of Credit
We offer loans and lines of credit to meet your seasonal cash needs, including receivables and inventory financing, term loans for equipment, business acquisitions loans, and short-term debt refinancing. In addition City First Bank provides government contract financing, SBA loans, and a number of additional loan products to serve our community.
Real Estate Financing
City First Bank provides numerous financing options for real estate acquisition, development, rehabilitation, and construction. Property types financed include both single and multi-family residential, commercial, institutional, and income producing properties. Loans are offered for property in the Maryland, DC and Virginia markets and financing is done on both a fixed and floating rate basis. SBA 504 loans are also offered for properties that fit the particular requirements of that program.
Mission Based Lending
City First Bank has a commitment to provide loans to borrowers involved in the community development arena. In that regard the Bank has a wide range of loan structures to enable Mission oriented borrowers to engage in development of affordable housing, health clinics and services, charters schools and other education providers. Leading the effort to promote community development, are non-profit organizations, faith based organizations and individuals providing services and property of community development activities. Loans to those non-profit and faith-based borrowers include:
- Bridge loans for acquisitions
- Construction financing
- Working capital loans
- Interim financing for project stabilization
- Tenant cooperative financing
- Site Acquisition Financing (SAFI)
- Charter Schools
- Loans for religious facilities
- Daycare facility lending
- Performing arts financing