SUBSIDIARIES | INVESTMENTS
The divestiture of Sound Bank (now Dogwood State Bank) allowed IFH to expand and improve its government lending and other niche financial service offerings in 2019. In addition to owning Windsor Advantage, LLC and West Town Insurance Agency, Inc., IFH launched three new wholly-owned subsidiaries (SBA Loan Documentation Services, LLC, Glenwood Structured Finance, LLC and Patriarch, LLC), and engaged in an investment in RiskScout, Inc. to help ignite its hemp banking initiative.
Glenwood Structured Finance
Glenwood is a transaction advisory and placement agent created to fill the gaps in the financing processes for community and regional lenders, providing a full suite of services for sub-middle market capital transactions.Visit Website »
Windsor provides community banks and credit unions with a comprehensive outsourced SBA 7(a) and USDA lending platform, servicing nearly $2.0 billion in assets for hundreds of lenders across the country.Visit Website »
RiskScout is a "RegTech" (Regulatory Technology) platform designed to accelerate WTBT’s review of hemp-related businesses by automating the onboarding, validation and monitoring processes needed for enhanced due diligence for high risk customers.Visit Website »
Patriarch is a real-estate management company focused on asset preservation and the rapid resolution associated with select assets within the Bank’s various portfolios.
SBA Loan Documentation Services
SBA Loan Docs provides a holistic and sequenced approach to the preparation of loan documentation under the SBA’s 7(a) Loan Program. Staff is comprised of seasoned loan closers and veteran attorneys with decades of SBA lending experience.Visit Website »
West Town Insurance Agency
West Town Insurance Agency is based in Edenton, North Carolina. As an independent agency, the Company represents various carriers and has the ability to compare coverage and pricing to find the best possible value for personal or business insurance needs.Visit Website »
Dogwood State Bank
While still maintaining a minority ownership stake in the Bank, Sound Bank has been successfully divested from the Organization and rebranded as Dogwood State Bank with a new management team and Board of Directors.