Pacific Mercantile Provides $3.5MM ABL Financing to Santier
Pacific Mercantile Bank’s Asset-Based lending group extended a $3.5 million credit facility to Santier, a San Diego-based manufacturer.
Pacific Mercantile Bank’s Asset-Based lending group extended a $3.5 million credit facility to Santier, a San Diego-based manufacturer.
Pacific Mercantile extended a $4 million revolver to Kineticom, a telecommunications and IT staffing agency.
Pacific Mercantile Bank named Douglas Spencer senior vice president and regional manager of the Costa Mesa, CA office, the bank’s largest regional office.
Pacific Mercantile Bank extended a $6 million credit facility to Thrive Networks. The credit facility consists of a term loan utilized for acquisition financing and a commercial line of credit.
Frank Abraham has been named executive vice president and head of Relationship Banking at Pacific Mercantile Bank.
Pacific Mercantile Bank extended a term loan and commercial line of credit totaling $12.5 million to Interactive Health.
Pacific Mercantile Bank provided a term loan and a commercial line of credit to CASE Systems to support the company’s growth.
Pacific Mercantile Bank extended a $4 million term loan to CHME, a medical supplies distributor.
Pacific Mercantile Bank extended a $3 million credit facility to Platinum Roofing to support the continued growth of the company.
Pacific Mercantile Bank extended $3.2 million in financing to Documotion Research to support the company’s continued growth.