Daily News: April 22, 2014

Heritage Bank of Commerce Names Corporate Finance Division Head

Heritage Commerce announced that Michael Hansen has joined as senior vice president and will head the Corporate Finance Division of Heritage Bank of Commerce.

“We are excited to announce that Michael will be heading our new Corporate Finance Division,” said Walt Kaczmarek, president and CEO. “Michael will focus on our existing asset-based lending portfolio and expanding its growth to include venture backed and technology companies.”

Hansen comes to Heritage Bank of Commerce from Avidbank where he was an executive vice president and founded its Corporate Finance Group. As a founder of their Corporate Finance Group, he provided asset-based lending products to companies throughout the United States. Prior to Avidbank, Hansen was senior vice president at Greater Bay Business Funding, a division of Greater Bay Bank, where he responsible for all business development of that group.

“Michael has a great reputation for building a profitable portfolio and brings a wealth of knowledge which will allow us to expand our footprint to areas such as New York, Boston, Austin and other technology-based hubs within the United States,” stated Kaczmarek. “His leadership and resources will help take us to the next level.”