Heritage Bank Increases QuickLogic Revolving LoC to $15MM

QuickLogic amended its loan and security agreement with Heritage Bank of Commerce, increasing its revolving line of credit from $9 million to $15 million.

Heritage Bank Provides $5MM Revolver to Spectrum Global

Spectrum Global Solutions has entered into a $5 million revolving asset based line of credit with Heritage Bank of Commerce. This facility is an accounts receivable line of credit that will support the growth of the company’s ADEX subsidiary.

Heritage, Horizon Provide $10MM Financing to Catasys

Catasys entered into a $10 million financing comprised of a $2.5 million receivable facility with Heritage Bank of Commerce and a four-year, $7.5 million term loan with Horizon Technology Finance.

Heritage Commerce Merges with Tri-Valley Bank

Heritage Commerce, along with its wholly-owned subsidiary Heritage Bank of Commerce, completed its previously announced merger with Tri-Valley Bank.

Heritage Commerce to Merge with United American

Heritage Commerce, the parent company of Heritage Bank of Commerce, agreed to merge with United American Bank in a transaction valued at approximately $44.2 million.

Heritage Bank of Commerce Provides $9MM Facility to Vivex

Heritage Bank of Commerce provided Vivex Biomedical with a $9 million line of credit and other financial services to support Vivex’s growth in the biomedical industry.

Heritage Bank Amends and Extends USA Technologies Facility

USA Technologies amended its credit agreement with Heritage Bank of Commerce, which provides for a secured asset-based line of credit of up to $12 million and extended the maturity date, among other things.

Heritage Bank of Commerce Closes $10MM Facility with SunLink

Solar power engineering company SunLink has engaged Heritage Bank of Commerce to provide a $10 million expanded line of credit to support continued expansion.

Heritage Commerce Hires SVP/BDO Corporate Finance

Jeffrey Javier has joined Heritage Commerce as senior vice president in charge of business development for the Corporate Finance division.

Heritage Bank of Commerce Completes Bay View Funding Buy

Heritage Commerce announced the acquisition relating to a stock purchase agreement between Heritage Bank of Commerce, BVFCSNK Acquisition and its stockholders was completed.