San Jose, California — June 29, 2021 — Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp (Nasdaq: HTBK), today announced that the Bank continues to expand its Specialty Finance Group. The Specialty Finance Group consists of Bay View Funding’s national factoring business and the Bank’s national Asset-Based Lending (“ABL”)/Corporate Finance team and regional Small Business Administration (“SBA”) lending team in the San Francisco Bay Area. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding is a wholly owned subsidiary of Heritage Bank of Commerce.
The Specialty Finance Group is structured to focus on and serve a comprehensive variety of clients who need alternative loan products. The solutions driven team of commercial finance professionals has a long and established history of funding privately held, microcap, venture-backed, private equity supported and publicly traded companies across the United States.