Log In   |   Sign up

New User Registration

Article / Abstract Submission
Register here
Register
Press Release Submission
Register here
Register
coolingZONE Supplier
Register here
Register

Existing User


            Forgot your password
October 2017

Pacific Mercantile Bank Provides $3.5 Million in Financing to Santier


Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that the bank’s Asset-Based Lending Group has extended a $3.5 million credit facility to Santier, a San Diego-based manufacturer. 

 

The credit facility consists of a revolving line of credit and a term loan for machinery and equipment.  In addition to the financing, Santier utilizes a full suite of Pacific Mercantile Bank’s depository products and cash management services.

 

Santier is a world-class manufacturer of engineered Thermal Management Materials, hermetic and non-hermetic microelectronic housings, and semiconductor packages. Santier also provides stand-alone plating services all done in-house in San Diego.

 

Santier’s products help drive cutting-edge technologies across a broad array of industries including aerospace, defense, lasers, photonics, optoelectronics, communications and telecommunications.

 

“We chose Pacific Mercantile Bank because they demonstrated the ability to understand our business and tailor a credit facility that was specific to our financial needs,” said Warren Bartholomew, Chief Financial Officer of Santier.

 

“As we execute on our growth plans, we will utilize the credit facility to invest in our operations and continue delivering the highest standards of service and expertise in engineering and manufacturing.”

 

“We were very impressed with Santier’s extensive list of highly satisfied customers that has driven its growth and success,” said Tom Vertin, President and Chief Executive Officer of Pacific Mercantile Bank.  “The combination of credit facilities that we were able to put together will provide Santier with the flexibility it needs for its existing business, while supporting its pursuit of new market opportunities.”

Choose category and click GO to search for thermal solutions

 
 

Subscribe to Qpedia

A subscription to Qpedia monthly thermal Magazine from the media partner Advanced Thermal Solutions, Inc. (ATS)  will give you the most comprehensive and up-to-date source of information about the thermal management of electronics

Subscribe

Submit Article

If you have a technical article, and would like it to be published on coolingZONE
please send your article in WORD format to articles@coolingzone.com or upload it here

Subscribe to coolingZONE

Submit Press Release

If you have a Press Release and would like it to be published on coolingZONE please upload your PR  here

Member Login

Supplier's Directory

Search coolingZONE's Supplier Directory
GO
Become a coolingZONE Supplier

List your company in the coolingZONE Supplier Directory

Suppliers Log In

Media Partner, Qpedia

qpedia_158_120






Heat Transfer Calculators