Heritage Commerce, along with its wholly-owned subsidiary Heritage Bank of Commerce, completed its previously announced merger with Tri-Valley Bank.
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 provided Vivex Biomedical with a $9 million line of credit and other financial services to support Vivex’s growth in the biomedical industry.
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.
Solar power engineering company SunLink has engaged Heritage Bank of Commerce to provide a $10 million expanded line of credit to support continued expansion.
Jeffrey Javier has joined Heritage Commerce as senior vice president in charge of business development for the Corporate Finance division.
Heritage Commerce announced the acquisition relating to a stock purchase agreement between Heritage Bank of Commerce, BVFCSNK Acquisition and its stockholders was completed.
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.
Telkonet announced it closed on a $2 million revolving credit line established with Heritage Bank of Commerce.
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.