City National Capital Finance Changes Name To BciCapital
(November 15, 2018) – City National Capital Finance catapulted to No. 62 on the Monitor Top 100 ranking of the largest and fastest growing equipment finance and leasing companies in the United States.
The subsidiary of City National Bank (CNB), which previously placed at No. 76 on the Monitor 100, is now the 39th largest bank-owned leasing company in the country and the largest leasing company based in Florida. This ranking comes on the heels of City National Capital Finance’s recent name change to BciCapital, a move aimed at further differentiating it from competitors across the nation.
“Having celebrated our second anniversary recently, we are particularly gratified to be ranked where we are this early in our development,” BciCapital President Tom Cira said. “These accomplishments are a testament to the alignment and commitment of our parent company, City National Bank, the quality of our team, product offerings and unique brand of service.”
BciCapital was launched in 2016 to expand CNB’s product and service offerings to include leasing and specialty finance solutions for corporations throughout the United States, including corporate air, rail, marine, public finance and franchise lending.
Based in Orlando, BciCapital has a national footprint with offices in Miami, New York, Tampa, Florida; Hunt Valley, Maryland; Charlotte, North Carolina; Greenwich CT; Portland, Oregon, and Randolph, New Jersey.
“This recognition confirms our belief that businesses are eager to embrace a bank with leasing products that are flexible and responsive to their needs,” City National Bank President & CEO Jorge Gonzalez said. “I am proud of the BciCapital team. This is a notable accomplishment in such a short period of time. I’m confident BciCapital will continue to be a key contributor to our future strategic growth.”
The Monitor 100 report is published annually by the Monitor magazine, the leading trade publication of the equipment finance industry. The Monitor 100 is in its 27th year ranking the largest equipment financing and leasing companies in the United States based on a comprehensive survey conducted throughout the industry.
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About City National Bank of Florida
Headquartered in Miami, City National Bank (CNB) is the financial institution to which Floridians have turned for more than 70 years. With more than $14 billion in assets, CNB is one of the largest financial institutions based in the state. City National Bank is a subsidiary of Chilean bank, Banco de Credito e Inversiones (Bci), and remains a South Florida-based community bank with local decision-making. City National Bank is one of the most liquid and best capitalized banks in Florida and is rated 5 stars “Superior” by BauerFinancial. CNB was voted Best Community Bank, Best Business Bank, Best Bank for Commercial Real Estate, Best Bank for Jumbo Loans, Best Private Bank and Best Foreign National Mortgage Lender by the readers of the Daily Business Review. CNB offers a diversified portfolio of financial products and services at locations from Miami-Dade County to Central Florida.