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News Stories (11 Results) - Pacific Mercantile Bank

Pacific Mercantile Bank provided a $4.0 million revolving line of credit to CRU Data Security Group (“CDSG”), an end-to-end data storage company. The revolving line of credit provided by Pacific Mercantile Bank is part of a debt infusion into CDSG... Read Story
February 18, 2021, 07:40 AM


Pacific Mercantile Bank has provided an $8.0 million credit facility to Upstrem, Inc. (“Upstrem”), a technological leader in the online reselling of surplus retail footwear and apparel stocks. In addition to the financing, Upstrem utilizes a full... Read Story
December 04, 2020, 07:50 AM


Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $6.4 million credit facility to Culinary International LLC consisting of a line of credit and a commercial term loan.  In addition to... Read Story
June 14, 2019, 08:50 AM


Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has extended a $3 million credit facility to Platinum Roofing to support the continued growth of the company.  In addition to the financing... Read Story
April 04, 2017, 07:11 AM


Pacific Mercantile Bank has increased the financing for Marque Medical to $3.9 million.  The financing will be used by Marque Medical to open new urgent care clinic locations in Orange County.  In addition to the financing, Marque Medical utilizes a... Read Story
November 21, 2016, 07:28 AM


Pacific Mercantile Bank has extended a $5.8 million credit facility to Hyperikon to help finance the company’s continued growth.  In addition to the credit facility, Hyperikon will utilize a full suite of Pacific Mercantile Bank’s cash management... Read Story
September 30, 2016, 07:22 AM


Pacific Mercantile Bank announced the launch of its Solar and Renewable Energy Lending Group, which will offer specialized financing to companies engaged in sustainable, renewable energy projects across the United States.“Renewable energy financing... Read Story
September 12, 2016, 07:43 AM


Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), is pleased to announce the following promotions within its senior management team:Kittridge Chamberlain has been promoted to EVP & Chief Banking Officer... Read Story
February 29, 2016, 07:55 AM


Pacific Mercantile Bank has increased its revolving line of credit with Argos Material Distribution to $2.25 million. In addition to the asset-based line of credit to finance accounts receivable, Argos Material Distribution utilizes the full array of... Read Story
November 16, 2015, 07:23 AM


Pacific Mercantile Bank provided approximately $19 million in financing to Marina Landscape, Inc. to help fund the company's ongoing operations and expansion plans. The total financing package consists of a working capital credit facility, a term... Read Story
February 12, 2015, 07:26 AM


Pacific Mercantile Bancorp announced Robert Anderson has joined Pacific Mercantile Bank, its wholly owned subsidiary, as Executive Vice President, Head of Asset Based Lending. Anderson will be leading the Bank's effort to grow its asset based loan... Read Story
August 16, 2013, 07:57 AM