IDB Bank’s Post

We are pleased to announce that IDB Bank has provided a working capital facility to Franklin Capital to benefit the firm’s operating cash flow amid strategic expansion. Serving as the Sole Lender, the deal signals the strength of our continued lending activity through our national Asset-Based Lending and Factoring division, emphasizing our specialty financing capabilities within the lower-middle market. Congratulations to Neil Wolfe, Head of ABL & Factoring and Frank Marsicano, SVP of ABL for leading our recent deal!   Learn more: https://lnkd.in/eRnbFrgB #ABL #ABLFinancing #ABLFactoring

Happy Independence Day from IDB Bank! Please note that in observation of the holiday, our IDB offices will be closed for today and will resume normal operations tomorrow, July 5th. Have a wonderful celebration! #IndependenceDay #CelebratingJuly4th

We are pleased to share exciting healthcare financing deals across our California region. Congratulations to Thomas Belli, Head of California Healthcare, for leading IDB Bank’s regional industry presence and deal-making, as well as Debra Mitchell, Nora Anilian, Chad DeJarnatt, Cecil GALMAN, Madelyn Cevallo and Cleo McDougald for their support and assistance.   For more information about our tailored finance solutions, including Healthcare, CRE, Bridge, Mini-Perm, Construction and structured finance, contact Tom directly or visit https://lnkd.in/e6RXTuWz. #HealthcareFinancing

Today, we join our global community in celebration of International LGBT + Pride Day. Diversity, advocacy and inclusion power us forward each day. As the largest Israeli-owned bank in the United States, we remain ever-committed to our people – our colleagues, clients, partners and community members – and the vision to create a better tomorrow. We recognize the importance of today in the fight for visibility and equality for all LGBTQIA+ people, and we will continue to use our reach and position to fight bigotry and prejudice in all of its forms to create a better future for everyone. #LGBTPride #Pride2024 #SupportingOurCommunities

We’re collaborating on some of the most exciting initiatives connecting rising Israeli startups to investors, businesses and market players across the fast-changing #hightech space. Last week, our Florida Regional Manager, Sagy Aseraf, and our IDB Tech team, Noa Kolp and Shahar Ben-David, joined the Deloitte Launchpad program for an exclusive dinner and networking reception. The program is dedicated to connecting industry players to empower Israeli #growthstage #startups entering the U.S. market. The networking event is the most recent in a series of partnership opportunities for IDB and Deloitte Launchpad, as we work together to create powerful synergies for the next generation of innovators, changemakers and leaders across the Israeli tech ecosystem. Yair Laron | Liron Winberg-Retzkin | Hagi Schwartz | Yair Vardi

We are pleased to announce that IDB Bank has served as the Administrative Agent to a $201.5 million Bridge-to-HUD loan to benefit a national portfolio of 21 skilled nursing facilities. The successful financing follows several notable deals for IDB National Healthcare Lending, signaling our continued enthusiasm for the industry and rounding out a very active H1 2024.   Congratulations to Mike Palermo, National Head of Healthcare & Not-for-Profit Lending; John Bertolozzi, SVP of Commercial Loan Syndicatons and Thierry Decembre, FVP and Senior Relationship Manager of Healthcare.   Read the full announcement and learn more about IDB Bank’s Healthcare financing solutions: https://lnkd.in/ekFrhhm6   #HealthcareFinancing  #NationalHealthcareBanking #ConstructionLending #SkilledNursing #SeniorHousing

Today, we proudly join our colleagues, clients and partners in celebrating Juneteenth. As we recognize the significance of this day, which memorializes the official end of slavery in the United States, we remain committed to a brighter, stronger and more equitable future. We are committed to listening, learning and standing for change across our communities. Please note that in honor of Juneteenth, our offices will be closed today and will reopen tomorrow, June 20th. #CelebratingJuneteenth #Juneteenth 

Meet our IDB 2024 Summer Interns! Our IDB Bank Summer Internship program is well underway and we’re excited to give our newest team members new and meaningful professional experiences across our organization and the financial services industry. We look forward to seeing all they’ll accomplish in the coming weeks. Please join us in welcoming them to our team! Dylan Barlava | Armani Brown | Sara Cousin | Daniel Elentukh | Andrew Lee | Juan Pablo Lopez Bottas | Eden Melamed | Alex Nazarian | Isabella Priven | Zoelle Stepankovsky | Jonathan Tordjman #WelcomeInterns #SummerInterns #Internship2024 #YoungProfessionals

A terrific celebration of our clients and team members, as well as IDB’s growing momentum across the California region! Last week, IDB hosted our annual client reception at the Beverly Hilton Hotel in recognition of our continued operational strength, growing regional presence and our unique network of relationships that power us forward. As part of our event, guests enjoyed refreshments, entertainment and the opportunity to connect with our senior leadership, and hear from special remarks from leaders across both the Southern California business and Jewish communities. Our event marks another year of tremendous gratitude to our clients, partners and colleagues who continue to believe in our mission to deliver leading solutions through the power of personal relationships. Thank you to our team and special guests for making this a wonderful evening. We look forward to seeing you all next year! Ilan Kaufthal | Ziv Biron | Jim LoGatto | Michal Miron | Kiyoun Kim | Moti Levy | Karen Lichtenfeld | Sharona R. Nazarian PsyD. | Eli Elyshmererni | Hamid Dayani #CelebratingClients