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Deal Announcements

Square 1 Bank Announces Credit Facility to Recursion Pharmaceuticals

February 7, 2017

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $4 million credit facility to new client Recursion Pharmaceuticals, Inc., a leading pharmaceutical discovery company. Proceeds from the facility will be used to purchase new equipment and supplement Recursion’s recent $15.05 million Series A round of funding. Based in … Continue reading Square 1 Bank Announces Credit Facility to Recursion Pharmaceuticals

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Square 1 Bank Announces Credit Facility to Argonaut Manufacturing Services

January 18, 2017

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $5 million credit facility to new client Argonaut Manufacturing Services, a leading contract manufacturer for biotech companies.

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Square 1 Bank Announces Credit Facility to ScaleArc

January 10, 2017

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7.5 million credit facility to new client ScaleArc, a leading provider of database load balancing software. Proceeds from the facility will help support the company’s continued growth and global expansion. Founded in 2009, ScaleArc enables consumer-grade applications for today’s … Continue reading Square 1 Bank Announces Credit Facility to ScaleArc

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Square 1 Bank Announces Credit Facility to TVA Medical, Inc.

December 14, 2016

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7 million credit facility to new client TVA Medical, Inc., a medical device company serving the needs of patients with end-stage renal disease. Proceeds from the facility will help fund ongoing company operations including global clinical and market development … Continue reading Square 1 Bank Announces Credit Facility to TVA Medical, Inc.

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Square 1 Bank Announces Credit Facility to InContext Solutions

November 29, 2016

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $3.25 million credit facility to new client InContext Solutions, a global leader in cloud-based virtual reality (VR) retail solutions. Proceeds from the facility will provide working capital as the company expands its client base and product line. Founded in … Continue reading Square 1 Bank Announces Credit Facility to InContext Solutions

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Square 1 Bank Announces Credit Facility to Montage

November 16, 2016

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $2 million credit facility to new client Montage, a leading provider of voice and video interviewing solutions for Global 5000 enterprises.

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ORIX Growth Capital and Square 1 Bank Announce Expanded Banking and Credit Relationship With CustomInk

November 15, 2016

ORIX Growth Capital and Square 1 Bank, a division of Pacific Western Bank, today jointly announced an expanded banking and credit relationship with CustomInk, the leading provider of custom apparel and accessories for groups and communities.

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Square 1 Bank Announces Credit Facility to HealPros

September 20, 2016

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a credit facility to new client HealPros, a HEDIS/STARs gap closure service provider. Proceeds from the facility will provide working capital as the company pursues a strategic expansion plan. Headquartered in Atlanta, GA, HealPros uses its mobile healthcare capabilities to … Continue reading Square 1 Bank Announces Credit Facility to HealPros

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Square 1 Bank Announces Credit Facility to BAROnova

September 14, 2016

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7.5 million credit facility to new client BAROnova, Inc., a clinical-stage medical device company. Proceeds from the credit facility will supplement the company’s recently raised Series D equity round to support continued growth and strategic initiatives.

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Square 1 Bank Announces Credit Facility to Zavante Therapeutics

August 31, 2016

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $10 million credit facility to new client Zavante Therapeutics, a clinical-stage biotechnology company.

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