- Business
- Capital Financial Global, Inc. (CFGX) is a specialty finance company that provides asset-backed financing and loan advisory services to insurance trusts, pension plans, commercial real estate owners, residential real estate investors, and businesses seeking liquidity. The company offers loans backed by commercial real estate based on liquidation value rather than borrower credit; loans backed by life insurance assets including cash surrender value of policies and annuity contracts; loans backed by commercial assets such as purchase orders, receivables, equipment, banking instruments, and projects; bridge loans, long-term loans, hard-money loans, and loan restructuring services for commercial and residential real estate projects; credit facilities; premium finance arrangements; and other custom lending solutions with funding ranges from $100,000 to $500 million at rates of 6.9%-15.9% and funding timelines as fast as 7-10 days. Founded in 1988 and headquartered in Murray, Utah, the company operates primarily in the United States, focusing on non-traditional asset-based lending to mid-market clients in real estate, insurance, and commercial sectors. In July 2023, Capital Financial Global entered a strategic partnership with correspondent lender RCN Capital to significantly increase its funding capacity, enhance technology, and expand offerings in commercial and investment real estate financing. Earlier, in 2019, the company completed a merger with Affiliated Funding Corporation, integrating invoice factoring and commercial finance capabilities into its operations. These developments support its model of originating new loans, buying and selling existing loans, and converting distressed collateral into cash or tradable forms.