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 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 executive, Joe Wilson joins Avidbank as the bank’s senior vice president, corporate banking division.
Avidbank Specialty Finance provided an accounts receivable line of credit and a senior term loan to Calyx Capital Partners.
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 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.