2026 Canadian Imperial Bank of Commerce (CIBC) Top Funding Report

The Blue Chip Conference – Wolves Division

Explore the benefits of Canadian Imperial Bank of Commerce (CIBC) for your growth capital financing needs

Website: https://us.cibc.com/en/commercial/commercial-lending.html

🏀 2026 SEASON (CURRENT)

Lender Name	Total Points	Deals Logged	Volume Drafted	Primary Asest Focus	Most Common Loan Term	Primary Loan Type	Top States	Pace Score
Bank OZK	113	7	$85,100,000	Condo (3), Multifamily, Industrial	Construction loan (5)	Construction (5)	Florida (2), Pennsylvania, New York, California	0.33
European Investment Bank	85	4	$925,520,000	Industrial/Biorefinery, Shore Power Infrastructure, EV Charging Infrastructure, Wind Farm	15 years (1)	Construction (2)	Italy, Netherlands, Estonia, Spain	0.27
Mitsubishi UFJ Financial Group (MUFG) - Commercial RE	392	19	$6,030,853,333	Solar Energy (5), Battery Energy Storage (3), Data Center (2), Geothermal, Wind Farm, LNG Facility, HVDC Transmission	Non-recourse project financing (2)	Construction (7), Refinance (3), Commercial Real Estate (2), Construction and Term	Texas (3), Louisiana (3), Chile, Japan, Spain, India	0.68
Wells Fargo - Commercial RE	721	32	$9,943,313,154	Office (7), Industrial (5), Multifamily (5), Mixed-Use (3), Hotel/Casino, Data Centers, Energy/LNG, Retail	5-year fixed-rate (3); 2-year floating-rate (2), floating-rate (2), construction loan (2)	Refinance (10), CMBS for Refinance (8), Construction (4), Acquisition (3), Bridge for Refinance (2), CMBS for Acquisition, Credit Facility, Growth Capital, Expansion/Refinance	New York (15), Illinois (3), Florida (2), Texas (2), California (2)	1.41
Bank of Montreal (BMO) - CRE	168	9	$1,329,000,000	Industrial (5), Multifamily (2), Data Centers, Retail	2-year floating-rate (2); construction loan (1), fund-level revolving (1)	Acquisition (4), Refinance (3), Construction, Credit Facility	Georgia (3), Florida (2), Virginia, New Jersey, Nevada, Texas	0.56
Deutsche Bank - Commercial RE	232	12	$2,614,366,667	Office (5), Multifamily, Energy/LNG Facility, Hotel, Life Sciences, Mixed-Use	5-year fixed-rate (2); 2-year floating-rate (1), construction financing (1), CMBS conduit (1)	Refinance (5), Construction (2), CMBS Refinance (3)	New York (5), California, Colorado, Florida, Georgia, Ireland	0.5
First Citizens Bank - CRE	0	0	0	TBD	TBD	TBD	TBD	0
JP Morgan - Commercial RE	466	22	$7,075,349,206	Office (6), Industrial (3), Multifamily (2), Mixed-Use (2), Energy/Geothermal (2), Retail (2)	5-year, fixed-rate (2); 2-year floating-rate + extensions (2); 3-year floating-rate (2)	Refinance (6), CMBS for Refinance (5), Acquisition (4), Construction (3), Bridge for Refinance, Senior + Mezzanine Loan	New York (6), California (3), Texas (3), Massachusetts (2), Florida, Pennsylvania	0.95
Sumitomo Mitsui Banking Corporation (SMBC) - Commercial RE	202	12	$1,313,373,610	Solar Energy (3), Energy/Geothermal (2), Data Center, Energy Storage/BESS, HVDC Transmission, Multifamily, Solar/Wind/BESS Hybrid	Non-recourse senior secured (2); Construction-to-term loan (2)	Commercial Real Estate (6), Construction (3), Refinance	Louisiana (2), Canada, India, Japan, New York, Philippines	0.45
BNP Paribas	68	6	$456,748,429	Solar / Renewable Energy (4), Industrial, Retail/Mall	2-year floating-rate + extensions (2)	Commercial Real Estate (3), Construction (2), CMBS for refinance	Spain (2), Chile (2), Italy, United Arab Emirates	0.27
Citigroup - Commercial RE	324	17	$3,346,167,916	Industrial (4), Multifamily (3), Office (3), Hotel (3), Retail (2), Data Center (2)	Term2-year floating-rate (3), 5-year fixed-rate (2)	CMBS for refinance (5), Refinance (5), Acquisition (2), Construction, CMBS for acquisition	New York (4), Florida (4), Texas (2), Virginia, Georgia, Arizona	0.73
Morgan Stanley - Commercial RE	323	14	$4,553,109,333	Office (4), Data Center (3), Industrial (2), Retail (2), Hotel (2), Self-Storage	5-year fixed-rate (2), 2-year floating-rate (2)	CMBS for refinance (5), Refinance (5), CMBS for acquisition (2), Revolving Credit Facility, Construction	New York (3), Texas (2), Virginia (2), Massachusetts, California, Washington D.C.	0.64
Santander Bank - Commercial RE	181	10	$1,213,816,078	Solar PV/BESS Hybrid (5), Energy Storage/BESS (2), Multifamily (2)	Construction-to-term (2)	Construction (5), Commercial Real Estate (4)	California, Connecticut, Florida, Idaho, Peru, Portugal	0.41
Truist Bank - Commercial RE	91	5	$414,300,000	Multifamily (5)	Construction loan (1), Senior loan and preferred equity (1), Permanent loan (1)	Construction (2), Acquisition, Refinance, Permanent financing	New York (2), Maryland, Texas, Washington D.C., New Jersey	0.23
Bank of America - Commercial RE	379	18	$18,349,612,360	Office (6), Data Center (3), Industrial (3), Energy (3), Multifamily (2), Retail/Mall	Fixed-rate 5-year (2), 2-year floating-rate (2)	Refinance (5), Construction (4), CMBS for refinance (4), Acquisition (3), CMBS for acquisition	New York (6), Louisiana (2), Virginia (2), Michigan, California, Florida	0.82
Goldman Sachs - Commercial RE	509	25	$5,196,649,000	Office (7), Solar/Energy Storage (4), Retail (2), Data Center (2), Hotel (2), Multifamily (2)	5-year fixed-rate (3); 2-year floating-rate (2)	Refinance (10), CMBS for refinance (6), Bridge (2), Construction (2), CMBS for acquisition, Revolving Credit Facility	New York (5), California (4), Virginia (3), Texas (3), Florida (3), Washington	1.09
ING Groep NV - Commercial RE	232	12	$2,197,435,333	Solar Energy (5), Battery Energy Storage (3), Data Center, Office, Community Solar	Construction-to-term (1), 20-year PPA (1)	Construction (6), Commercial Real Estate (2), Refinance (2), Construction and Term	Louisiana (2), California, Idaho, Texas, Virginia, Philippines	0.5
KeyBank	162	9	$1,068,400,000	Solar / Energy (4), Multifamily (2), Senior Living, Industrial Outdoor Storage	35-year amortization (1), 7-year fixed (1), construction-to-term (1)	Construction (3), Refinance (3), HUD Refinance, Construction/Term Loan	Idaho (2), Texas (2), North Carolina, Colorado	0.36
Natixis - Commercial RE	145	7	$1,865,338,096	Solar / Energy (4), Battery Energy Storage (2), LNG Facility, Retail, AI Infrastructure	Senior non-recourse (1), construction term loan (1)	Construction (3), Refinance, Growth Capital, Commercial Real Estate	Louisiana, Texas, California, New York, Chile, France	0.32
Barclays - Commercial RE	231	14	$1,951,030,000	Energy/Geothermal (2), Office (2), Data Center, Energy/LNG, Self-Storage	5-year, fixed-rate (2); Construction-to-term (2)	Refinance (4), Construction (2), Commercial Real Estate	California (2), Georgia, Illinois, Louisiana, Pennsylvania, Texas	0.32
ACORE Capital	34	2	$235,000,000	Industrial, Multifamily	2-year floating-rate; 3×1-year extensions	Refinance (2)	Washington, Multi-State (15 states)	0.11
Affinius Capital	201	12	$1,365,328,000	Multifamily (6), Office (2), Industrial, Development Site, Student Housing (United Kingdom), Mixed-Use	Floating-rate; matures 2029; two 1-year extension options (1); Senior loan; back leverage provided by Standard Chartered (1)	Refinance (8), Acquisition (2), Construction (2)	New York (5), Florida (2), Pennsylvania (2), Georgia, California, United Kingdom	0.55
Barings	142	7	$1,528,450,000	Mixed-Use (3), Office (2), Hotel, Industrial	Construction financing (1)	Refinance (4), Construction (3)	New York (3), California, Illinois, Tennessee, Utah	0.32
Brookfield	37	2	$369,000,000	Multifamily (2)	Three-year bridge (only stated term)	Refinance, Bridge	New York (2)	0.11
S3 Capital	100	6	$576,750,000	Mixed-Use (3), Multifamily, Student Housing	TBD	Construction (3), Refinance, Construction/Acquisition	Florida, New York, New Jersey, South Carolina, Texas	0.21
Berkadia	27	2	$110,942,000	Multifamily (2)	Freddie Mac	Acquisition (2)	Virginia, Wisconsin	0.5
Dwight Capital/Dwight Mortgage Trust	216	16	$1,037,000,000	Multifamily (13), Mixed-Use (2)	HUD 221(d)(4) (2), 35-year fully amortizing fixed-rate (1), 5-year interest-only (1), HUD 241(a) (1), HUD 223(f) (1	Refinance (6), Construction (5), Bridge for refinance (4)	New York (4), Florida (4), New Jersey (2), Texas (2), Utah, California	0.68
Greystone	100	7	$496,249,222	Multifamily (4), Affordable Housing (2), Senior Housing	24-month bridge with extension options (2),	Bridge for Refinance (2), Refinance (2), Acquisition, Construction/Rehabilitation (2)	Illinois (2), North Carolina (2), New York, Mississippi, Florida	0.3
Madison Realty Capital	150	9	$907,150,000	Condominium (3), Multifamily (3), Hotel (2), Self-Storage	Closed Dec 19, 2025, completion late 2027 (1); Construction loan, expected completion 2028 (1)	Construction (5), Refinance (2), Acquisition (1), Condominium Inventory Loan	New York (2), New Jersey (2), Florida (2), Virginia, California, Tennessee	0.41
Nuveen	220	15	$1,274,045,000	Hotel (5), Multifamily (4), Office/Lab (2), Retail (1), Life Sciences	30 years (3), 5-year floating-rate (1), C-PACE financing including $30M for future tenants (1	C-PACE for Construction (5), Construction (3), Refinance (3), Acquisition, Full stack capitalization	Texas (2), Pennsylvania (2), Nevada (2), New York (2), Arizona, Florida	0.59
Blackstone - Commercial RE	262	11	$10,494,670,000	Industrial (3), Multifamily (3), Office (2), Data Center, AI Infrastructure	3-year bridge (1), 5-year fixed-rate (1)	Refinance (6), Bridge for refinance (2), Acquisition/Construction	New York (2), Florida (2), Texas (2), Australia, Colorado, Washington	0.45
Corebridge	25	2	$115,000,000	Self Storage, Multifamily	5 years (2)	Acquisition, Refinance	Multiple, New York	0.11
MonticelloAM	160	10	$1,077,800,000	Skilled Nursing Facility (7), Senior Housing (2), Multifamily	36-month initial term (3), 30-month initial term (1), 24-month term (1)	Bridge for Acquisition (6), Bridge for Refinance (3), Bridge Acquisition	Illinois (2), Florida (2), Washington (2), Maryland, New York, Pennsylvania	0.45
Peachtree Group	180	15	$552,260,000	Hotel (9), Multifamily (2), Industrial, Senior Housing, Retail	3-year bridge with two 12-month extension options (3), 3-year floating-rate EB-5 (1), C-PACE 30-year (1)	Bridge for refinance (4), Construction (4), C-PACE for Construction (3), Bridge (2), C-PACE	Florida (2), Texas (3), North Carolina (2), Georgia (2), Utah, Ohio	0.64
Tyko Capital	88	3	$770,000,000	Condominium (2)	Construction loan, completion Q4 2028 (1)	Construction (2)	Florida (2)	0.11
Apollo Global Management	187	7	$3,454,800,000	Mixed-Use/Conversion (2), Industrial (2), Hotel	Multi-year (1), 36-month SOFR floating (1)	Construction (3), Acquisition (2), Refinance (2)	New York (3), Florida, North Carolina, Germany (2), United Kingdom, Netherlands, Spain	0.39
Ares Real Estate Management	182	8	$2,198,817,000	Industrial (2+), Multifamily (2), Mixed-Use (2)	Fixed-rate long-tenor (1), Through 2031 (1)	Acquisition (4), Refinance, Construction, C-PACE, Growth Financing	Florida (2), New York (2), Illinois, California, Washington D.C., United Kingdom	0.44
New York Life	80	5	$432,517,000	Multifamily (3), Office, Retail	Construction loan, 5-year interest-only, 3-year, floating-rate	Refinance (3), Construction, Acquisition	New York (2), Washington, Texas, California, Illinois	0.21
PGIM Real Estate	180	9	$3,694,925,000	Industrial (4), Data Center, Multifamily (2)	3-year with extensions (1), 7-year fixed (1), Floating-rate (1)	Acquisition (4), Refinance (4), Revolving Credit Facility	California (2), Texas (2), Illinois, Massachusetts, Florida, Germany	0.39
Starwood Property Trust	34	2	$202,000,000	Multifamily, Industrial	TBD	Refinance, Acquisition	Illinois, Tennessee	0.11
Deutsche Bank - Growth Cap	101	5	$3,015,000,000	TBD	Revolving credit facility	Acquisition, Working Capital	Spain, Switzerland	0.5
HSBC	120	6	$1,191,279,762	TBD	Revolving/RCF (2)	Growth Capital (2), First Lien Term Loan, Corporate Debt Facility, Warehouse Facility	New York, New Jersey, California, Spain, Switzerland	0.23
JP Morgan - Growth Cap	508	25	$12,866,892,690	TBD	5-year (2), 2-year with extension options (2)	Revolving Credit Facility (5), Growth Capital (2), Credit Facility (2), Loan (2), Unsecured Term Loan, Acquisition Credit Facility, others	Texas (4), New York (3), Illinois (3), California (2), Japan, Louisiana	0.82
Natixis - Growth Cap	138	7	$1,060,061,398	TBD	5-year, 3-year, 12-year, long-term PPA (all distinct; no modal)	Growth Capital (3), Term Loan B, Syndicated Letter of Credit Facility, Construction Warehouse Revolving Credit Facility, Commercial Real Estate	Spain (2), Nevada, Virginia, France, Massachusetts, Texas	0.32
PNC Bank	206	12	$1,800,010,822	TBD	5-year (4)	Revolving Credit Facility (3), Unsecured Term Loan (3), Unsecured Credit Facility – Revolver + Term Loans (2), Syndicated Credit Facility, Senior Secured Credit Facility, Construction Warehouse Revolving Credit Facility	Illinois (3), Connecticut, Ohio, Virginia, Indiana, Texas	0.55
Bank of America - Growth Cap	279	13	$5,123,868,881	TBD	5-year (4)	Revolving Credit Facility (4), Bridge Loan, Syndicated Term Loan, Syndicated Credit Facility, Growth Capital, Construction Warehouse Revolving Credit Facility	California (3), Texas (2), Ohio, Virginia, Illinois, Canada	0.45
Barclays - Growth Cap	131	6	$2,027,182,540	TBD	Term Loan B, 5-year, 7-year (all distinct; no modal)	Term Loan B, Term Loan, Revolving Credit Facility, Senior Secured Green Revolving Loan and LC Facility, Growth Capital, Senior Secured Corporate Credit Facility (all distinct)	Texas (2), Virginia, California, Spain, Pennsylvania	0.37
Goldman Sachs - Growth Cap	227	10	$8,927,204,762	TBD	Bridge loan (1-year), 5-year, Term Loan B (all distinct; no modal)	Growth Capital (3), Term Loan B, Revolving Credit Facility	Virginia, New York, Japan, Italy, Spain	0.23
Santander Bank - Growth Cap	113	6	$1,006,704,762	TBD	5-year	Growth Capital (3), Revolving Credit Facility, Senior Secured Corporate Credit Facility	Spain (2), New York, Chile, Pennsylvania	0.23
Sumitomo Mitsui Banking Corporation (SMBC) - GC	108	5	$8,439,533,333	TBD	3-year (2)	Growth Capital (3), Revolving Credit Facility, Senior Secured Green Revolving Loan and LC Facility	New York, Japan, Sweden, Texas, Denmark	0.23
Citigroup - Growth Cap	253	11	$808,267,583	TBD	Maturity January 2030 (1)	Growth Capital (4)	India, France, Spain, Canada	0.18
Huntington Bank - Growth Cap	110	8	$407,619,047	TBD	5-year (2)	Unsecured Credit Facility – Revolver + Term Loans (2), Unsecured Term Loan, Senior Credit Facility, Revolving Credit Facility, Five-Year Unsecured Term Loan, Commercial Aircraft Engine Acquisition Facility	Connecticut, Texas, Colorado, California, Florida, Washington	0.32
Morgan Stanley - Growth Cap	197	7	0	TBD	TBD	TBD	TBD	0
Mitsubishi UFJ Financial Group (MUFJ) - Growth Cap	212	10	$8,661,571,429	TBD	3-year (1); Bridge loan 1-year (1); 5-year leveraged loan (1)	Growth Capital (4)	India, Japan, France, Massachusetts	0.18
Truist Bank - Growth Cap	91	5	$381,250,000	TBD	2 years with three 1-year extension options, 4 years revolving credit facility with two six-month extension options (Pricing grid based on leverage ratio plus SOFR, 10-15 bps lower than prior debt)	Securitization / Warehouse & Mezzanine Refinancing; Growth Capital (Equity and Debt); Unsecured Credit Facility; Acquisition Credit Facility	Michigan, California, Florida, New Jersey	0.18
Bank of Montreal (BMO)-Growth Cap	76	4	$649,096,154	TBD	Due May 2031; 2 years with extension options; Maturity January 2030; Softwood Lumber Program term	Revolving Credit Facility (2); Growth Capital / Syndicated Credit Facility; Growth Capital / Term Loan (Softwood Lumber)	Canada (2), Missouri, Illinois	0.18
Canadian Imperial Bank of Commerce (CIBC)	101	8	$260,796,154	TBD	4-year loan (secured to unsecured), Three-year construction warehouse revolving credit facility with $500M accordion, Initial 3-year term with consecutive 1-year extension (prime rate + .75%)	Acquisition, Construction Warehouse Revolving Credit Facility, Growth Capital	Canada (3), Belgium	0.18
ING Groep NV - Growth Cap	80	5	$185,540,000	TBD	95% covered buyer credit guarantee (1)	Growth Capital	France	0.05
Royal Bank of Canada	104	7	$442,667,583	TBD	5-year (1); 2-year with extensions (1); Softwood Lumber bilateral (1); Maturity 2030 (1); SOFR + 85 bps (1)	Growth Capital (3); Senior Secured Credit Facilities; Growth Capital / Asset-Based Loan	Canada (3), Louisiana, Illinois	0.23
Wells Fargo-Growth Cap	261	13	$4,475,773,644	TBD	SOFR + 85 bps / interest-only (2); 5-year revolving (2)	Revolving Credit Facility (5); Unsecured Term Loan (3); Term Loan B (1); Syndicated Credit Facility (1); Senior Credit Facility (1)	Illinois (3), California (2), Canada, Virginia, Louisiana, New York, Ohio, Indiana	0.55
Regions Bank - Growth Cap	116	7	$539,475,108	TBD	The loan terms typically range from 2 to 5 years for initial maturity, frequently featuring one or more extension options (e.g., 6-month or 1-year extensions) and often priced using SOFR plus a spread.	The mix is predominantly composed of Unsecured Term Loans and various Credit Facilities (including syndicated, revolving, and construction warehouse facilities).	Illinois (3), Texas (2), Florida, New York, Washington	0.35
KeyBank - Growth Cap	139	8	$2,429,713,203	TBD	TBD	Revolving Credit Facility (2), Unsecured Credit Facility Revolver + Term Loans (2), Acquisition Credit Facility, Five-Year Unsecured Term Loan	New York, New Jersey, Ohio, California, Florida, Washington	0.26
U.S. Bank - Growth Cap	227	10	$1,441,915,585	TBD	5 years (2)	Revolving Credit Facility (3), Unsecured Term Loan (2), Unsecured Credit Facility Revolver + Term Loans (2), Construction Warehouse Revolving Credit Facility, Term Loan Credit Agreement, Five-Year Unsecured Term Loan	Illinois (2), California (2), Missouri, Ohio, Wisconsin, Texas, New York, Washington	0.43
BBVA	125	4	$1,031,858,974	TBD	TBD	Growth Capital (4)	China (2), Spain (2)	0.17
Blue Owl Capital	133	6	$2,050,000,000	TBD	SOFR+5.00% or Base Rate+4.00%, matures Apr 2031 (1); 5.5% over SOFR (1)	Senior Secured Credit Facility (2), Term Loan and Revolving Credit Facility, Credit Facility (Warehouse/Renewal), Delayed-Draw Term Loan	Texas, Massachusetts, California, Germany	0.18
Comvest Partners	19	1	$130,000,000	TBD	TBD	Senior Secured Credit Facility	California	0.04
MidCap Financial-Growth Cap	75	7	$21,500,000	TBD	Revolver with accordion feature; term loan; delayed draw term loan (1	Senior Secured Credit Facility (5), Growth Capital (1)	California (2), New York, Kentucky, Maryland, Canada	0.27
Mountain Ridge Capital	8	1	$15,000,000	TBD	Revolving facility maximizing availability against working capital assets	Senior Secured Credit Facility	Midwest	0.04
SLR Credit Solutions	0	0	0	TBD	TBD	TBD	TBD	0
Blackstone - Growth Cap	84	3	$1,600,000,000	TBD	Four-year funding spread, milestone payments upon FDA approval (1)	Growth Capital (2), Senior Secured Credit Facility	Texas, Israel, India	0.14
Hercules Capital	12	1	$25,000,000	TBD	4-year loan with three tranches up to $75M milestone-based, final $25M at Hercules discretion	Growth Capital	California	0.04
Monroe Capital	181	16	$52,500,000	TBD	TermPrime plus 3.75%, 60-month term (1); Senior credit facility (1); Delayed draw facility (1)	Senior Credit Facility (10), Senior Secured Credit Facility (2), Delayed Draw Senior Credit Facility, Debt Financing + Equity Co-Investment, Senior Secured Term Loan	California (4), Illinois (2), Michigan (2), Florida (2), Texas, Georgia	0.73
SG Credit Partners	28	3	0	TBD	TBD	Senior Debt Facility, Senior Debt Investment (2)	New York (2), Colorado	0.14
Stellus Capital Management	24	3	Undisclosed	TBD	TBD	Unitranche Senior Debt Facility (with Equity Co-Investment), Senior Debt Financing + Equity Co-Investment (2)	Arizona, Tennessee, Virginia	0.14
HPS Investment Partners	29	1	$500,000,000	TBD	Four-year secured term loan, SOFR + 675 basis points	Secured Term Loan	New York	0.04
NXT Capital	60	5	Undisclosed	TBD	TBD	Senior Secured Credit Facility (2), Senior Credit Facility (2)	Pennsylvania (2), Ohio, Michigan	0.18
Siena Lending Group - GC	0	0	0	TBD	TBD	TBD	TBD	0
Trinity Capital	121	10	$338,915,000	Small business receivables / consumer and SMB loan collateral (1)	Commitment structure	Growth Capital (5), Senior Secured Credit Facility (2), Equipment Financing, Growth Capital Debt Facility, Debt Term Loan, Warehouse Credit Facility	California (5), Arizona, Utah, New York, United Kingdom (2)	0.5
Wingspire Capital	72	6	$180,000,000	TBD	N/A	Senior Secured Revolving Credit Facility (2), Revolving Credit Facility (2), Senior Secured Credit Facility, Commitment	Pennsylvania, Wisconsin, Georgia, Florida	0.27
Ares Management - Growth Cap	108	5	$4,300,000,000	TBD	TBD	Debt Facility (2), Acquisition Financing, Equity and Debt Capital, Debt Financing	Colorado, California, New Jersey, North Carolina, Pennsylvania	0.23
Encina Private Credit	62	5	$118,750,000	Enterprise value / first-out commitment (1)	Senior credit facility secured by diversified pool of small balance lease-to-own contracts	Senior Secured Credit Facility (3), First Out Term Loan	Georgia	0.18
Great Rock Capital - GC	12	1	$30,000,000	TBD	TBD	Senior Secured Revolving Credit Facility	Pennsylvania (2)	0.04
KKR	0	0	0	TBD	TBD	TBD	TBD	0
Whitehawk Capital Partners	26	1	0	TBD	TBD	TBD	TBD	0
Bain Capital	53	4	$286,548,840	TBD	TBD	Senior Credit Facility (2), Growth Capital, Senior Secured Credit Facility	Massachusetts, Georgia, Nebraska, Germany	0.17
Fortress	86	4	$762,000,000	TBD	TBD	Senior Secured Credit Facility (2), First-Lien Term Loan, Senior Secured Term Loan	New Jersey, Tennessee, Kansas, California	0.17
Advantage Business Capital	8	1	$1,000,000	Invoices	TBD	Invoice Factoring Facility	TBD	0.04
First Citizens Bank - ABL	0	0	0	TBD	TBD	TBD	TBD	0
Gibraltar Business Capital	8	1	$20,000,000	TBD	TBD	Senior Secured Facility	TBD	0.04
nFusion Capital	80	10	$55,600,000	Accounts Receivable (7), Inventory (2), Accounts Receivable and Inventory (1)	TBD	Asset-Based Lending Facility (5), Factoring Facility (4), Factoring Line	California (3), Texas (2), Colorado, Michigan, Arizona, Florida, Georgia	0.45
Culain Capital	24	3	$7,500,000	Accounts Receivable (3), Inventory	TBD	Accounts Receivable Factoring Facility (2), Accounts Receivable & Inventory Financing Facility	New York (2), California	0.14
First Business Bank	84	10	$42,800,000	Accounts Receivable (6), Inventory (3), Real Estate (2), Vehicle Inventory		Factoring Facility (3), Asset-Based Revolving Credit Facility (2), Credit Facility (2), Working Capital Line of Credit, Inventory Floorplan Line of Credit	Wisconsin (2), Texas (2), Minnesota, New Jersey, Virginia, Hawaii, Pennsylvania	0.41
Great Rock Capital - ABL	46	3	$208,750,000	Accounts Receivable (3), Machinery & Equipment (2)	TBD	Senior Secured Revolving Credit Facility (2), Senior Secured Revolver	Pennsylvania	0.14
Rosenthal Capital Group	100	12	$23,750,000	Accounts Receivable (7), Inventory (4), Purchase Orders (2)	TBD	ABL Facility (3), Recourse Factoring Facility (2), Purchase Order Financing (2), Revolving Credit Facility, Working Capital Facility, Facility Increase	California (3), Idaho, Michigan	0.41
Ares Commercial Finance	12	1	$175,000,000	Accounts receivable; Machinery & equipment	TBD	Senior Secured Revolving Credit Facility	TBD	0.16
Sallyport Commercial Finance	54	7	$16,150,000	Accounts Receivable (5), Inventory (2)	TBD	Accounts Receivable Financing Facility (3), Non-Notification Factoring Facility (2), Inventory Finance Facility, A/R and Inventory Facility	Canada (3), Texas	0.32
SLR Healthcare ABL	16	2	$10,000,000	TBD	TBD	Asset-Based Revolving Line of Credit (2)	Northeast	0.09
Utica Equipment Finance	16	2	$18,000,000	Heavy Equipment (2)	Capital lease (2)	Capital lease (2)	Mid-Atlantic	0.09
Amerisource Business Capital	64	8	$30,500,000	Accounts Receivable (6), Inventory (4), Equipment (3), Real Estate	TBD	ABL Facility (3), A/R Only Facility, Asset-Based Lending Facility, Credit Facility Increase, Ledgered Asset-Based Line of Credit, A/R Ledgered ABL, Revolving Credit Facility with Equity, Working Capital Facility	Texas (2), Midwest (2), Southeast (2)	0.36
King Trade Capital	0	0	0	TBD	TBD	TBD	TBD	0
MidCap Business Credit	32	4	$46,000,000	Accounts Receivable (3), Inventory (3), Machinery & Equipment (3), Real Estate	TBD	Asset-Based Credit Facility (2), Working Capital Revolver (2), Working Capital Revolver + Machinery and Equipment Term Loan	Texas	0.18
White Oak Commercial Finance	54	4	$107,500,000	Accounts Receivable (3), Mining Services Assets, Various	TBD	Senior Secured ABL Facility, Revolving Credit Facility, ABL Revolver Facility	Arizona, Texas	0.14
Loeb Equipment	16	2	$1,200,000	Equipment	TBD	Equipment-Based Loan	Wisconsin, Illinois	0.04
Prestige Capital	8	1	$3,000,000	Invoices; Accounts Receivable	TBD	Invoice Financing Facility	California	0.04
JPalmer Collective	56	7	$26,000,000	Accounts Receivable (4), Inventory (4)	TBD	Line of Credit (3), Working Capital Facility (2), Asset-Based Line of Credit, Asset-Based Loan, Debt Facility	New York (2), Oregon (2), California, Georgia, Massachusetts	0.32
Eldridge Capital Management	69	3	$925,000,000	Power generation equipment (3)	TBD	Lease Facility (2), Equipment Financing Facility	Texas (3)	0.13
Haversine Funding	56	7	$38,100,000	Transportation Receivables / Factoring Portfolio (3), Accounts Receivable (2), Loan Portfolio / Working Capital Assets, Accounts Receivable (Optical Networking Hardware)	TBD	Lender Finance - Subordinated Debt Increase (2), Lender Finance - Senior Secured Revolving Credit Facility Increase, Lender Finance - ABL Participation, Lender Finance - Senior Facility Increase, Lender Finance - A/R Participation, Lender Finance - Factoring Participation	Texas (7)	0.3
Austin Financial Services	8	1	$10,000,000	TBD	TBD	Accounts Receivable Revolver	TBD	0.2
eCapital	100	12	$107,250,000	Healthcare Accounts Receivable (7), Accounts Receivable (4), Freight Receivables (2), Inventory	ABL facility with advances against accounts receivable and inventory; flexible facility with higher advance rates (1); others undisclosed	Healthcare Receivables Financing Facility (5), A/R Financing Facility (3), Healthcare Financing Facility, Asset-Based Lending Facility, Asset-based Loan-Freight Factoring Facility, Freight Factoring Facility	California (2), Canada (Ontario), Massachusetts, Midwest	1
Porter Capital	0	0	0	TBD	TBD	TBD	TBD	0
Siena Lending Group - ABL	46	3	$185,000,000	Accounts Receivable (2), Inventory (2), Current and Fixed Assets	TBD	Revolving Credit Facility, Senior Secured ABL Credit Facility	California, New Jersey	0.09
Gateway Trade Funding	15	2	$1,700,000	Inventory (2), Purchase Orders	Letter of credit-backed (1)	Purchase Order Facility (2)	TBD	0.33
Republic Business Credit	55	7	$23,000,000	Accounts Receivable (5), Inventory (2)	Accordion up to $6M with $2M inventory option after 6 months (1), Ledgered line of credit (1), Includes $10M accordion feature (1), Factoring facility (1)	Factoring Facility (4), Asset-Based Loan (2), Ledgered Line of Credit	California (2), Texas, Southwest	0.32
SLR Business Credit	24	3	$20,000,000	Accounts Receivable (3), Inventory (2)	TBD	Senior Secured Asset-Based Revolving Credit Facility, Senior Secured Invoice Financing Credit Facility, Revolving Line of Credit	New Jersey	0.14
TAB Bank	8	1	$2,500,000	Inventory	TBD	Asset-Based Lending Facility	Utah	0.04
Alpine Ridge Funding	0	0	0	TBD	TBD	TBD	TBD	0
Celtic Capital	53	7	$7,270,700	Accounts Receivable (5), Equipment (3), Inventory	$500K AR Line + $304.5K Equipment Loan (1); AR Line and Equipment Loan terms undisclosed (1)	Accounts Receivable Line of Credit (4), Asset-Based Financing Package, Accounts Receivable Line of Credit and Inventory Line of Credit	California (3), Pacific (2), Midwest, South-Central	0.27
Clarus Capital	8	1	$10,000,000	Essential use assets (medical transportation vehicles)	Loan facility for sponsor-backed company	Loan Facility	TBD	0.25
Gordon Brothers	19	1	$175,000,000	Various assets; Real Estate	Unitranche asset-based lending revolver with RILO tranche	Unitranche ABL Revolver with RILO	TBD	0.04
Assembled Brands	32	4	0	Accounts Receivable (3), Inventory (3)	Dynamic accordion-style facility with high advance rates (1), Scalable accordion feature; no lockboxes; no personal guarantees (1	Asset-Based Credit Facility, Senior Asset-Based Line of Credit, Revolving Working Capital Facility, Accordion-Style Asset-Based Facility	Delaware, California, Illinois, New Mexico	0.18
MidCap Financial-ABL	38	3	$95,000,000	TBD	Senior secured credit facility (2)	Senior Secured Credit Facility (2), Asset-Based Loan, Growth Capital	New York, Canada (Toronto) (2)	0.14
Southstar Capital	226	30	$42,150,000	Accounts Receivable (23), Purchase Orders (6), Inventory (4), Equipment (3)	Loan TermAccounts receivable financing facility; advances against eligible invoices including progress-billed contracts with retainage (1)	Accounts Receivable Financing Facility (13), Invoice Factoring Facility (5), A/R Financing Facility (3), Purchase Order and A/R Financing Facility (3), A/R and Inventory Financing Facility (2), Factoring Facility (2), A/R Line of Credit	Texas (4), Florida (3), North Carolina (3), South Carolina (3), Indiana, Midwest	1.32
Wintrust Equipment Finance	0	0	0	TBD	TBD	TBD	TBD	0
The Hedaya Capital Group	48	6	$22,000,000	Accounts Receivable (6)	Factoring facility with non-notification basis (1)	Factoring Facility (6)	New York (2), Florida, California, New Jersey, Texas	0.27
Sigma Funding	24	3	$2,600,000	Accounts Receivable (3)	$2,000,000 per month ongoing (1), Per month ongoing (1)	Monthly Factoring / Accounts Receivable Funding Program, Accounts Receivable Financing Facility, Accounts Receivable Funding Facility	Florida (2), California	0.14
Capteris	44	4	$94,000,000	Equipment (3)	TBD	Lease Commitment (2), Equipment Finance Loan, Co-Investment	TBD	0.18
Baker Garrington	86	11	$15,000,000	Accounts Receivable (11)	TBD	Factoring Facility (11)	Texas (4), North Dakota (3), Colorado, Oklahoma, Pennsylvania, Louisiana	0.5
Crestline Investors	60	3	$412,500,000	Portfolio of fund/infrastructure/credit assets (3)	TBD	NAV Loan (3)	TBD	0.13
JD Factors	74	10	$8,850,000	Accounts Receivable (10)	TBD	Factoring Facility (10)	Illinois (2), Quebec (2), British Columbia, Indiana, Washington, Arizona, Tennessee, Texas	0.43

Tale of the Tape (YTD 2025)

Total Points: 225
Deals Logged: 34
Volume Drafted: $6.8 Billion*
Primary Asset Focus: AI, Data Analytics & Enterprise Software | FinTech, Healthcare & Life Sciences | Mining, Energy, Mobility & Infrastructure Services
Most Common Loan Term: Three-year terms (2) | Two-year term, extendable (1) | Specific Term Details (Revolving credit facility (1), Debt facility (1))
Primary Loan Type: Growth Capital (19) | Credit Facilities/Facility (6) | Growth Financing (2)
Top States: Canada (15), California (3), New York (2), United Kingdom (2), Germany, Colorado
Win-Loss-Draw: 7-3-3

Week	Opponent	Result	Score & Top Deal	Top Deal Source
Playoff-Quarter Finals	Citigroup	Loss	0-31 ($54B Bridge Loan Los Angeles, CA)
12	Bank of America	Loss	0-21 ($3.5B Senior Secured Credit Facility Westminster, CO)
11	JP Morgan Chase: Growth Capital	Win	3-0 ($20M Facility New York, NY)	Link to Deal
10	Citigroup	Loss	0-24 ($765M Senior Secured Note Chiclayo, Peru)
9	Bank of Montreal (BMO)	Draw	0-0 (No Decisive Deal)
8	ING Bank: Growth Capital	Win	3-0 (Undisclosed Amount Denver, CO)	Link to Deal
7	Wells Fargo: Growth Capital	Draw	0-0 (No Decisive Deal)
6	Barclays: Growth Capital	Draw	0-0 (No Decisive Deal)
5	Deutsche Bank: Growth Capital	Win	7-0 ($387.5M Brossard, Canada)	Link to Deal
4	Truist Bank: Growth Capital	Win	7-0 ($150M Ottawa, Canada)	Link to Deal
3	Bank of Montreal (BMO): Growth Capital	Win	10-0 ($185M Toronto, Canada)	Link to Deal
2	ING Bank: Growth Capital	Win	13-7 ($250M Vancouver, Canada)	Link to Deal
1	Wells Fargo: Growth Capital	Win	17-14 ($900M Chicago, IL)	Link to Deal

*Indicates a syndicated loan. Per “The Lead Arranger & The Syndicate Rule”, scoring is based on the lender’s specific allocation or lead arranger status. See The Rulebook for details.

LENDER OVERVIEW

Headquarters: Toronto, ON (Global); Chicago, IL (US Commercial)
Founded: 1867
Ownership: Public Company (NYSE: CM)
Primary Focus: Innovation Banking (Growth Capital), Renewable Energy, Mining, Project Finance
Typical Deal Size: ~$200 Million (Average skewed by mega-deals); Median ~$20 Million

2025 PERFORMANCE SUMMARY

Canadian Imperial Bank of Commerce (CIBC) finished the 2025 Lender Draft season with a 7-3-3 record, demonstrating maintained strong activity based on a win percentage of 53.8%. Their performance highlights a strategic bifurcation: while they secured victories in high-volume growth capital deployments (e.g., $900M for Accel Entertainment), they experienced losses to mega-banks like Citigroup and Bank of America on massive multi-billion dollar bridge and facility structures.

The record indicates high efficiency in their niche “Growth Capital” vertical, where they consistently won deals against specialized lenders like ING Bank and Deutsche Bank. However, the presence of draws against Wells Fargo and BMO suggests stiff competition in the general corporate banking sector.

DEAL FLOW ANALYSIS

Forensic analysis of Canadian Imperial Bank of Commerce (CIBC)’s verified deal history reveals a lender operating with a “barbell strategy”—balancing high-volume, lower-value technology loans with massive infrastructure syndications.

Deal Size Range: The spectrum is extreme, ranging from a $1.5M debt facility for Vessel Funds to a $1.87B syndicated deal for RF9 in Germany. The median deal falls in the $15M–$25M range, typical for their Innovation Banking arm.
Geographic Focus: Truly global. While heavily anchored in Canada (Toronto, Montreal, Vancouver) and the US (New York, California, Colorado), they executed significant transactions in the UK, Germany, Sweden, and Denmark.
Industry Patterns: The “Company Type” data shows a massive concentration in SaaS/Tech (AI, Cybersecurity, HR Tech) and Life Sciences (Orthodontics, Pharmacy). Conversely, their corporate arm heavily favored Mining (Gold), Renewable Energy, and Gaming.
Loan Structures: “Growth Capital” is the dominant structure (19 deals), followed by “Senior Secured Credit Facilities” and “Revolving Credit Facilities”.
Deal Purposes: Primary drivers are “Product Innovation,” “Market Expansion,” and “Acquisition”. Notably, they funded specific “Green loan reporting” initiatives.
Asset Types: Ranged from intangible “AI-powered sensors” and “SaaS Revenue Operations” to hard assets like “Precious metals inventory” and “Gold mining projects”.
Transaction Velocity: High velocity in quarter-end months. June saw 4 distinct deals closed, and April saw 4 deals, indicating a push to clear pipelines before fiscal reporting periods.

Strategic Insight

The “Lifecycle” Arbitrage: Canadian Imperial Bank of Commerce (CIBC) has successfully positioned itself to capture clients at the “venture debt” stage via CIBC Innovation Banking (e.g., $5.3M for Bench IQ) and retain them through to massive corporate facilities (e.g., $1.2B for Boldyn Networks). This creates a competitive moat against private credit funds, which can do the former but not the latter, and traditional banks, which can do the latter but refuse the former. They are effectively “growing their own” corporate book.

IDEAL BORROWER PROFILE

The ideal borrower for Canadian Imperial Bank of Commerce (CIBC), based on verified 2025 activity, is a SaaS/Technology firm with $10M–$50M in liquidity needs for product expansion, OR a large-cap Energy/Infrastructure company requiring $200M+ for project development.

FOR BORROWERS

Growth Capital Dominance: Canadian Imperial Bank of Commerce (CIBC) is not just an asset-based lender; their heavy volume of “Growth Capital” loans (19 of 34 deals) proves they underwrite Enterprise Value and ARR/MRR, making them viable for asset-light tech firms.
Action: If you are a tech or software company, explicitly label your funding request as “Growth Capital” rather than “Working Capital” to route your application to their Innovation Banking division, which has higher approval authority for pre-profit scaling companies.
Timing: Target submissions for early March or early June. The data shows intense closing clusters in late April and late June, suggesting their credit committees clear the deck at quarter-ends.

FOR BROKERS

The “Green” Hook: Canadian Imperial Bank of Commerce (CIBC) is aggressively pursuing sustainability mandates, acting as “Co-Green Loan Structuring Agent” on the $600M Arevon Energy deal. Positioning renewable or “cleantech” deals here adds a significant probability boost.
Action: Pitch Canadian Imperial Bank of Commerce (CIBC) immediately for any client with cross-border operations (US/Canada/UK). Their track record in funding UK/EU subsidiaries of North American firms is a unique selling point that beats regional US banks.
Strategy: For clients in the $5M-$20M range, bypass the general commercial desk and go direct to “Canadian Imperial Bank of Commerce (CIBC) Innovation Banking.” The deal history shows this division closes the vast majority of transactions in this size bracket with greater speed.

FOR RIVAL LENDERS

Tech Concentration Risk: A massive portion of their volume is in high-beta sectors like AI, FinTech, and crypto-adjacent tech (Gaming), potentially exposing them to sector-wide downturns.
Action: Target their manufacturing and traditional industrial clients. Canadian Imperial Bank of Commerce (CIBC)’s overwhelming focus on Tech/Innovation and Energy suggests “boring” domestic manufacturing might be receiving less attention or relationship maintenance.
Defense: When competing against a Canadian Imperial Bank of Commerce (CIBC) Innovation term sheet, highlight the covenant flexibility of private credit. As a regulated bank, Canadian Imperial Bank of Commerce (CIBC) likely imposes stricter financial covenants on their “Growth Capital” than a non-bank lender would.

FOR ANALYSTS & FUNDS

Renewable Energy Pivot: The participation in the $1.87B RF9 fund and $600M Arevon deal signals a major capital allocation shift toward renewable infrastructure, moving beyond their traditional fossil fuel/mining roots.
Observation: Monitor the performance of their “AI-powered” portfolio. They funded multiple early-stage AI firms (BinSentry, Bench IQ) in late 2025; any valuation correction in the AI sector in 2026 will heavily impact their Innovation arm’s NPL ratios.
Strategy: Funds should look for mezzanine opportunities behind Canadian Imperial Bank of Commerce (CIBC)’s senior facilities in the Mining and Renewables sectors. Their aggressive senior lending ($387.5M to G Mining) creates a capital stack gap for high-yield junior debt.