Founded in 2006, Modern Bank is a New York based commercial bank with $800m in assets, that works directly with entrepreneurs, private equity providers and other lenders to provide financing solutions to middle market companies.
With its easy-to-use tools, bespoke solutions, high-touch service, and innovative products, Modern Bank is focused on letting entrepreneurs spend more time managing their business, and less time managing their banking.
One of the things that Modern Bank’s clients appreciate is the teams’ ability to roll up their sleeves and look at pretty much any type of company. As an industry agnostic lender, Modern Bank has supported companies across the U.S. with a portfolio that currently spans healthcare, technology, manufacturing, service, media, fitness, and many more.
Over the years, its clients have come to rely on its deep credit market and broad industry knowledge, and its ability to provide tailored solutions for a variety of credit-related needs.
"Working closely with our partners at OakNorth, we are able to move quickly and deliver superior products and services that empower our clients to achieve their individual financial goals – for their businesses, for their family, and for themselves."
What Modern Bank’s clients say
"The Modern team brings a unique level of sophistication and reliability, especially for a bank of their size focusing on middle marketing cash flow lending."
"Modern Bank acted quickly and seamlessly to get us through the PPP loan process. Curt, Connor and Spencer were in close communication every step of the way, from application to funding. We appreciate Modern’s leadership on PPP while other firms were slow to act or unable to provide certainty of funding. Proceeds from the PPP loan will allow AC Pediatric to keep nearly 50 employees paid while the practices are temporarily shut down."
"Modern Bank worked 7 days a week, even answering midnight calls to ensure all of our applications went through before the first PPP funding ran out. It is refreshing to have a bank that will work that hard and care that much."
Read more about Modern Bank here