Pacific Mercantile Bank provided a $3 million credit facility, consisting of a commercial term loan and a revolving line of credit, to Avalon Transportation.
Avalon is a full-service transportation company delivering premium chauffeured services worldwide and bus charter services throughout the U.S. With a network of international affiliates committed to client satisfaction, Avalon’s services are available in nine major U.S. cities and 850 locations worldwide.
“Our attention to detail and commitment to providing a luxury travel experience has enabled us to consistently grow our client base over the past three decades,” said Jeffrey Brush, CEO of Avalon Transportation. “We are seeing attractive expansion opportunities and needed a banking partner that could support our vision for the company.”
