Heritage Commerce to Merge with United American

Heritage Commerce, the parent company of Heritage Bank of Commerce, agreed to merge with United American Bank in a transaction valued at approximately $44.2 million.

Heritage Bank of Commerce Provides $9MM Facility to Vivex

Heritage Bank of Commerce provided Vivex Biomedical with a $9 million line of credit and other financial services to support Vivex’s growth in the biomedical industry.

Heritage Bank Amends and Extends USA Technologies Facility

USA Technologies amended its credit agreement with Heritage Bank of Commerce, which provides for a secured asset-based line of credit of up to $12 million and extended the maturity date, among other things.

Heritage Bank of Commerce Closes $10MM Facility with SunLink

Solar power engineering company SunLink has engaged Heritage Bank of Commerce to provide a $10 million expanded line of credit to support continued expansion.

Heritage Commerce Hires SVP/BDO Corporate Finance

Jeffrey Javier has joined Heritage Commerce as senior vice president in charge of business development for the Corporate Finance division.

Heritage Bank of Commerce Completes Bay View Funding Buy

Heritage Commerce announced the acquisition relating to a stock purchase agreement between Heritage Bank of Commerce, BVFCSNK Acquisition and its stockholders was completed.

Heritage Bank of Commerce to Acquire Bay View Funding

The parent company of Heritage Bank of Commerce announced the bank signed a definitive stock purchase agreement to acquire BVFCSNK Acquisition for $22.5 million in cash.

Heritage Provides Telkonet Revolving Credit Line

Telkonet announced it closed on a $2 million revolving credit line established with Heritage Bank of Commerce.

Heritage Bank of Commerce Names Corporate Finance Division Head

Heritage Commerce said Michael Hansen joined as SVP and will head the Corporate Finance Division of Heritage Bank of Commerce. Previously, Hansen served as EVP at Avidbank, where he also founded the Corporate Finance Group.