Peterson Joins Avidbank as EVP/COO

Gina Thoma Peterson will join Avidbank as executive vice president and chief operating officer.

Avidbank Taps Cameron To Lead Structured Finance Division

Veteran technology banker and entrepreneur Mark Cameron has left Square 1 Bank to join Abidbank as senior vice president and division manager, Structured Finance Division. Mark Lange will join him.

Avidbank Provides $5.5 Facilities to Envoy Group

Avidbank Specialty Finance provided Envoy Group with combined credit facilities of $5.5 million to provide working capital.

Avidbank Expands Venture Lending Division with Four Hires

Avidbank has expanded its venture lending division with four hires. Teaming up with Executive Vice President and Division Manager, Sam Bhaumik, and Senior Vice President, Northeast Regional Manager, Bob Foley, are industry veterans Randy Churchill, Porter McKay, Mike Berrier and Holly Hayes.

Veteran Banking Exec Wilson Joins Avidbank as SVP, Corporate Banking

Veteran banking executive, Joe Wilson joins Avidbank as the bank’s senior vice president, corporate banking division.

Bhaumik Joins Avidbank to Lead New Venture Lending Group

Veteran finance executive Sam Bhaumik joined Avidbank as executive vice president of the Venture Lending Group.

Avidbank Supports Calyx Capital with Combined Credit Facilities

Avidbank Specialty Finance provided an accounts receivable line of credit and a senior term loan to Calyx Capital Partners.

Avidbank Promotes Butner to EVP/CCO

Avidbank promoted Geoff Butner to executive vice president and chief credit officer. Butner will replace Ron Oliveira, who is pursuing other opportunities outside the Bank.

Avidbank Provides $10MM Line of Credit to 3Q Digital

Avidbank Specialty Finance provided a $10 million asset-based line of credit to 3Q Digital. The financing will be used to facilitate a buyback from its parent company and provide working capital to support growth.

Avidbank Provides Term Loan, L/C for School of Rock

Avidbank Specialty Finance provided School of Rock with a line of credit and term loan to help bolster the company’s plans for growth.