WashingtonFirst Bank understands the businesses that fuel our Metro DC economy. That’s why we have three dedicated banking divisions with experts in government contractor banking, healthcare banking and title/escrow banking. Our experience in these markets provides you with customized business solutions for your business.
Government Contractor Banking Division
WashingtonFirst Bank recognizes the importance of the government’s role in our local economy. Our in-market, experienced Government Contractor Banking Group provides first class customer service, designed to efficiently maximize your contract performance. We work closely with you to customize banking solutions to support your business’s changing needs and be a partner for your financial success.
WashingtonFirst offers you a wide array of loan solutions and customized financing for your business:
- Working Capital Lines of Credit
- Acquisition Loans
- Funding to support large projects or contract start-ups
- ESOP/ Re-Capitalization Loans
- Fixed Asset Term Loans
- Letters of Credit
Healthcare Banking Division
At WashingtonFirst Bank, we understand the unique financing and banking services required to successfully manage your practice. Our specialized Healthcare Division provides ‘Concierge Banking’ to efficiently manage your banking needs as your schedule dictates, with limited interruptions during office hours.
Whether you are a mature physician group, new practice start-up, medical device company, clinic, or diagnostic center, our Healthcare Specialists have a wealth of expertise and services to be your partner for financial success.
WashingtonFirst offers you a wide array of loan solutions and customized financing for your practice:
- Cash flow assistance
- Information technology solutions (EHR/EMR, VoIP)
- Equipment financing
- Build-out and expansion financing
- Financial restructuring for mergers and acquisitions and partnership dissolutions
- Commercial mortgage financing
Title And Escrow Banking Division
At WashingtonFirst Bank, we understand the intricacies of escrow account management. Services such as ACH Blocks, Positive Pay, and Zero Balance Accounts help you work within the American Land and Title Association Best Practices Framework. This gives you the peace of mind that comes with knowing your fiduciary funds are safe and secure. We also know the value of providing the right cash management solutions that effectively meet the demands of the title and settlement industry. We actively participate in the Maryland Affordable Housing Trust (MAHT) program and IOLTA programs in Virginia, Maryland and D.C. We also participate in other state IOLTA programs nationwide.
Our experienced team consists of relationship managers and dedicated operations support specialists are committed to providing the highest level of customer service.
WashingtonFirst online banking provides secure unlimited access to your business accounts 24/7 from virtually any location. Quickly and easily check real-time account balances, confirm cleared checks, reconcile accounts, pay bills electronically, and more.
A dedicated wire room team and extended deadlines ensures accurate and timely processing of each and every transaction. Our secure online wire management system streamlines the wire transfer process from initiation to real-time confirmation notifications.
Remote Deposit Services
Simply scan checks from your office desktop using a scanning system provided by WashingtonFirst for next-day availability of funds.
Protect your account from unauthorized transactions, error and fraud. On a daily basis, an electronic report of issued checks, provided by you, is matched to items presented for payment. An exception report is then generated allowing you to make payment decisions before funds are released from your account.
Banking on Your Time
We know that your time is valuable. For all of our specialized divisions we provide conveniences to help you bank on your schedule:
- Merchant Bank Card Services
- Zero Balance Account (ZBA)
- Positive Pay
- Information Reporting Services/Online Banking
- Lockbox Service
- Automated Clearing House (ACH)
- Business Debit Card
- Remote Deposit Services
Let WashingtonFirst Bank put your business first. Come in to your local branch or call us at 1-888-974-3778 to learn more.