Doctor and patient

CIBC Professional Service Solutions are designed to provide strategic and effective financial and treasury solutions to our professional service firm clients, while recognizing the various opportunities and challenges under which they operate.

We aim to help your firm effectively service both your clients and business professionals. Our relationship approach provides firms, their partners and employees with a tailored experience and banking solutions from across CIBC. 

Relationship and credit management

Dedicated relationship team

Your relationship team manages your banking relationship with CIBC and provides specialized industry expertise necessary to deliver customized advice and solutions for your firm from across our bank.

Visibility across the industry

Our significant experience with other professional firms enables us to share our understanding of key industry trends, best practices as well as financial and treasury strategies.

Flexible financing options

Whether you are trying to manage cash flow, lessen personal partner commitments or require longer term financing options for leasehold spending, acquisition and practice amalgamation, we can propose financing solutions for your firm. We can help you streamline partner payouts, tax remittances and collections or provide solutions that allow costs to be spread over multiple generations of Partners with longer amortization periods.

Lowering your borrowing risk

We have options to help you take advantage of today’s low interest rate environment and provide greater certainty to your budgeting process.

Managing your cash

Understanding your business

Our diagnostic approach enables us to create and deliver integrated transaction and treasury management solutions tailored to your firm’s needs.  

Applying best practices from across the industry

CIBC solutions are designed to take advantage of cost and time savings, fraud mitigation and best practices across your industry.

Experienced professionals with an understanding of the various regulatory environments under which many professional firms operate

Our experienced banking professionals understand the sensitivities faced by firms governed by regulatory bodies (including the provincial Law Societies) and can provide efficient management of trust and insolvency accounts.

Smart investing

A customized investment strategy can help you to maximize returns and liquidity for short and longer term trust and operating cash balances.

Day to day servicing

When it comes to your day to day banking needs, we recognize you need fast, convenient access to knowledgeable service professionals who understand your firm’s needs and sensitivities.

Centralized service

CIBC’s Business Contact Centre (BCC) is a centralized team designed to help make your firm more efficient. They provide efficient, responsive and consistent service acting as an extension of your relationship team. 

Bank when and how you want

CIBC’s national branch banking network, combined with the BCC’s extended hours service model and our robust online banking platform allows us to service your firm your way.

Making change easier

You will be assigned a dedicated Transition Specialist within the BCC, who will be the single point of contact for product implementation, client service and support during transition.

Partner Capital Loan Program

CIBC provides value to your partners by assisting them with financing and loan options for their capital requirements. We work with you to establish a program unique to your firm. CIBC has a long history of structuring programs to accommodate the unique nature of various Partnerships [and employee owned professional firms].

More options for partners

Partner Capital or Employee Share Purchase Loans are only a part of the robust financial planning program we provide to your professionals.  

Flexible, customized solutions

Financing can be provided to either the partner/professional directly, or to professional corporations and/or family trusts, depending on the structure of your Partnership/Shareholder Agreement and the individual partner’s needs

Reduce administration

Centralized and standard documentation and processes allow for easier exchange of information between your firm and CIBC

Efficient program management

Ease of monitoring and single point of contact for resolving any unforeseen issues

Competitive terms

Customized programs that offer competitive rates and flexible repayment terms not typically offered on an unsecured basis

Key Benefits

  •  Industry Expertise

    Our dedicated industry focus and understanding of the current issues faced by professional firms allow us to provide value-added solutions customized to your unique needs

  •  Strong Service

    Highly-experienced professionals with significant experience and a strong reputation for service excellence, working within a highly focused service model  

  •  Bank-Wide Coordination

    Strong and consistent coordination among internal partner groups within CIBC to effectively service all aspects of your firm’s needs, allowing for flexible, integrated financial strategies that are tailored to your business objectives, cash flow requirements and growth strategy

Contact us

Hasan Khorasanee

Director & Team Leader, Commercial Banking
Telephone: 647-407-4284Opens your phone app.
 hasan.khorasanee@cibc.caOpens in your email app.