Square 1 Bank, a division of Pacific Western Bank, provided a credit facility to new client, Chubbies, an e-commerce apparel company. Proceeds from the facility will provide working capital to finance accelerated investments in new growth opportunities.

San Francisco-based Chubbies was founded by four Stanford University graduates in 2011. The company raised a series seed round in April 2014 and recently announced a series A round on February 2nd of this year.

Chubbies’ co-founder Kyle Hency, head of finance and operations, explained, “For the last two to three years, we’ve been looking for a long-term banking partner that can scale with our accelerated growth and we’re happy to have finally found that in Square 1 Bank.”

Alex ter Wee, vice president in Square 1 Bank’s technology banking practice, said, “Chubbies has experienced phenomenal growth in two short years — from working out of a garage in 2013 to moving into their new headquarters in San Francisco’s Jackson Square last year. The relentless, hardworking group has maintained a balanced, vibrant culture throughout their evolution, staying true to their ‘the weekend has arrived’ mentality. We’re excited to see where they go from here.”