Pacific Mercantile Names New Regional Managers
Ross Macdonald and Marcelo D. Mills were named senior vice president and regional manager of Pacific Mercantile Bank’s Newport Beach and Irvine Spectrum offices.
Ross Macdonald and Marcelo D. Mills were named senior vice president and regional manager of Pacific Mercantile Bank’s Newport Beach and Irvine Spectrum offices.
Pacific Mercantile Bank’s Asset-Based Lending Group extended an $11 million credit facility to NEXT Trucking to support the company’s continued growth.
Pacific Mercantile Bank extended $8 million in financing to Aluratek consisting of a line of credit and a term loan.
Pacific Mercantile Bank named Douglas Spencer, Chad Kenney and Lisa Wright to senior vice president and regional manager positions in the Century City, CA; Costa Mesa, CA and San Diego offices, respectively.
Pacific Mercantile extended a $4 million revolver to Kineticom, a telecommunications and IT staffing agency.
Pacific Mercantile Bank extended a term loan and commercial line of credit totaling $12.5 million to Interactive Health.
Pacific Mercantile Bank provided a term loan and a commercial line of credit to CASE Systems to support the company’s growth.