EPI Health, a fully consolidated subsidiary of Novan, signed a $15 million accounts receivable-backed factoring agreement with Bay View Funding, a wholly-owned subsidiary of Heritage Bank of Commerce.
Bay View Funding, a subsidiary of Heritage Bank of Commerce, appointed Norman Brame senior vice president and regional sales manager. He will focus on originating new factoring business in the Southeast.
Bay View Funding appointed Aaron Zahedani executive vice president of credit and portfolio management in San Jose, CA.
Heritage Bank of Commerce plans to expand its national specialty finance group, which consists of the Bay View Funding national factoring business and the bank’s national asset-based lending/corporate finance team and regional Small Business Administration lending team in the San Francisco Bay Area.
Bay View Funding added Bob Seidenberger as vice president, regional sales manager, based in Bethlehem, PA.
Joe Barthol joined the staff of Bay View Funding as vice president, regional sales manager, based in Boca Raton, FL.
Bay View Funding announced that Bob Hinson, vice president and regional sales manager closed two transactions totaling in excess of $2 million.
Bay View Funding announced it recently closed over $2 million in factoring facilities.
Bay View Funding announced the addition of Cynthia Basolo as vice president, regional sales manager, based in Gresham, OR.
Bay View Funding hired Bob Hinson as VP, regional sales manager.