Civic Financial Services Review

CIVIC Financial Services has one of the more eventful histories in private lending, and where it sits today matters as much as where it started. It was founded in 2014 as a venture of Wedgewood, the large California real estate firm, and grew into one of the best-known institutional private lenders in the country — funding fix-and-flip, bridge, and DSCR loans at serious scale, more than $9 billion since inception, including one of the largest bridge-loan securitizations the private-money industry had seen at the time.

Its ownership has changed twice in quick succession. In February 2021, Pacific Western Bank (PacWest Bancorp) acquired Civic outright, making it a bank-owned lender. Then in the 2023 regional-banking stress that battered PacWest, the bank divested Civic, and Roc360 — the holding company behind Roc Capital — acquired Civic's origination business in May 2023. Today CIVIC operates as a Roc360 family company and is still actively originating under its own brand.

For investors, that means a broad, all-in-one product line — hard money and fix-and-flip, bridge, multifamily, and DSCR — backed now by Roc360's institutional capital rather than a bank. One thing worth knowing if you're comparing options on this site: Civic and Roc Capital are now sibling brands under the same parent, so you may effectively be evaluating the same lending group twice. As always, confirm current rates and terms for your specific loan — and note that some older reviews elsewhere still describe Civic as bank-owned, which stopped being true in 2023.