California Bank of Commerce (CBC) added Marina Kremer to its sponsor finance lending division. The division works with private equity firms, SBICs and direct lenders to provide cash flow-based senior debt financing.

“We’re pleased to announce and excited to have Marina join our team,” Larry LaCroix, executive vice president and manager of the CBC sponsor finance division, said. “Her vast banking experience in relationship and portfolio management adds depth to the sponsor finance group and will allow the division to continue its growth.”

Kremer has served in various capacities in banking, most recently as director of credit/underwriting at Neptune Financial (NepFin). Prior to NepFin, she worked at Bank of the West as senior lead, credit products officer and vice president in the wine/beverage group, syndicating leveraged buyout transactions. Kremer also spent several years in the corporate finance group (sponsor) of Opus Bank as well as at Wells Fargo and RaboBank in various capacities.

The CBC sponsor finance division supports buyouts/acquisitions, recapitalizations, refinancing and growth capital for companies in a variety of industries.