CFG Has Record 2020

Capital Funding Group Has Record Year in 2020, Closes Over $1.8 Billion
BALTIMORE (January 10, 2021) – Capital Funding Group (CFG) proudly announces a record-setting year in 2020, as it continues to support the long-term care and assisted living industries, despite these challenging times.
CFG has financed in excess of $1.8 billion for its clients in Bridge-to-HUD and HUD loans. In addition, Capital Funding closed over $68.2 million in Accounts Receivable Lines of Credit. CFG financed these loans nationwide, comprising of 51 bridge loans, 63 HUD loans, and 23 Lines of Credit.
While continuing to expand its own balance sheet, in February of 2020, CFG launched a new off-balance sheet financing program, CFG Credit Partners, that significantly expanded its Bridge-to-HUD lending capacity for healthcare and multi-family real estate loans. The release of this program enabled CFG to almost double its loan production in 2020 from the $1 billion closed in 2019.
CFG has been an industry leader, serving its clients and partners for over 25 years and will stand by its clients in these challenging times. In addition to lending, CFG has also helped their community by launching their Meals for Healthcare Heroes program, as well as paying the payroll tax for all their employees from October to December. CFG also gave each employee $200 to spend at local restaurants after an order to close indoor dining in Baltimore.
About Capital Funding Group (www.capfundinc.com)
Capital Funding Group is a full-service provider of comprehensive financing solutions for healthcare facilities nationwide, focusing on the long-term care, assisted living and hospital sectors. Headquartered in Baltimore, Maryland, CFG is known as a one-stop shop for healthcare facility owners and operators, with expertise in HUD loans, bridge lending, working capital loans, commercial banking and investment advisory services through the CFG family of companies.
About Capital Funding, LLC
Capital Funding, LLC, a subsidiary of CFG Bank, is the national leader in the FHA-insured
mortgage industry, providing more than $5 billion in Section 232 mortgages nationwide since the
inception of the LEAN program. CFG Bank is an Equal Housing Lender Member FDIC.