Pacific Western Bank Provides $25MM Credit Facility to Truvian Sciences

Pacific Western Bank provided a $25 million debt facility to existing client, Truvian Sciences, a healthcare company paving the way in the blood testing industry with its automated diagnostic system that provides lab-accurate results at point-of care.

September 14, 2021 Jeff Hawkins | Pacific Western Bank | Scott Foote | Truvian Sciences Ian Koplin

Pacific Western Bank Appoints Schwimmer EVP, Chief Innovation Officer

Pacific Western Bank hired Steven Schwimmer to serve in the newly created position of executive vice president and chief innovation officer. In this role, Schwimmer will be responsible for Pacific Western Bank’s systems and applications environment, as well as various bank operations groups.

June 22, 2021 Mark Yung | Pacific Western Bank | Steve Schwimmer Ian Koplin

Pacific Western Bank Provides $30MM Senior Credit Facility to Kate Farms

Kate Farms secured a $30 million senior credit facility with Pacific Western Bank to help fuel growth and expansion.

June 16, 2021 Cafferty & Company | Goldman Sachs Asset Management. | Jim Duncan | Kaiser Permanente Ventures | Kate Farms | Main Street Advisors | Pacific Western Bank | Tom Beecher Ian Koplin

Fintech Provider Prelim Helps Pacific Western Bank Rebound from Pandemic

Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, has expanded its capabilities to assist more banks assist more small businesses.

May 21, 2021 Heang Chan | Mark Yung | Pacific Western Bank | Prelim Ian Koplin

Ibey Joins Pacific Western Bank’s Asset-Based Lending Team as SVP, BDO

Janice Ibey joined Pacific Western Bank’s asset-based lending team as a senior vice president and business development officer. She joined Pacific Western Bank after spending the past four years working with Crestmark as vice president of business development in Southern California.

March 1, 2021 Janice Ibey | Matt Lernor | Pacific Western Bank Phil Neuffer

Pacific Western Bank Acquires CIVIC

Pacific Western Bank acquired Civic Financial Services (CIVIC), a Redondo Beach, CA-based private lender focused on residential business-purpose loans, from Wedgewood.

February 3, 2021 Civic Financial Services | Matt Wagner | Pacific Western Bank | Wedgewood | William Tessar Phil Neuffer

Pacific Western Adds Fricke as SVP, BDO for ABL Team in North Texas

Melinda Fricke joined Pacific Western Bank as a senior vice president and business development officer for its asset-based lending team. Fricke previously worked for Crestmark Bank, Summit Financial, Wells Fargo Business Credit, Fremont Financial Business Credit/FINOVA and First Community Financial.

January 19, 2021 Asset Based Lending | Matt Lernor | Melinda Fricke | Pacific Western Bank Phil Neuffer

Blaeser Joins Pacific Western Bank as SVP, Business Development Officer on ABL Team

Scott Blaeser joined Pacific Western Bank’s asset-based lending team in Denver as senior vice president and business development officer for the Intermountain region. Blaeser most recently served as vice president of business development at Crestmark.

October 29, 2020 Celtic Capital | Crestmark | First Community Financial | Fremont Financial Business Credit/FINOVA | GE Capital – Business Credit | Matt Lernor | Pacific Western Bank | Scott Blaeser Ellie Delany

Goldman Sachs, Pacific Western, Valley Provide $100MM Directed Capital Facilities

Directed Capital closed on a $40 million credit facility from Pacific Western Bank and received a combined $60 million in two other separate credit facilities from Goldman Sachs Bank ($40 million) and Valley Bank ($20 million).

September 24, 2020 Directed Capital | Goldman Sachs Bank | Pacific Western Bank | Valley Bank Rita Garwood

Pacific Western Promotes Lynden to President of Venture Banking

Pacific Western Bank promoted Sean Lynden to president of its venture banking group. Lynden has been affiliated with Pacific Western Bank since 2015 and previously served as EVP of technology venture banking.

June 29, 2020 Frank Tower | Mark Yung | Pacific Western Bank | Sean Lynden Phil Neuffer