C
ross River Bank, headquartered in Fort Lee, has achieved a significant milestone with its Commercial Banking Group (CBG) closing over $1 billion in financing within the past year. This achievement spans 65 loans across the country, ranging from $380,000 to $50 million, supporting various real estate businesses and asset classes.
The company attributes this success to its strategic approach to portfolio diversity and innovation in adapting to borrowers' evolving needs. The milestone builds on the team's year-over-year growth and reflects their commitment to credit integrity.
"We've achieved incredible success by leveraging technology and structuring solutions for our clients," said Shimon Eisikowicz, executive vice president and chief lending officer at Cross River. "Our diverse portfolio and focus on credit integrity have enabled us to transform bank lending and drive client growth."
