PacWest
PacWest
PacWest
Eligibility requirements
New customers only.
What is PacWest?
Pacific Western Bank is a relationship-based community bank focused on providing business banking and treasury management services to small, middle-market, and venture-backed businesses. Pacwest’s Venture Lending group (formerly Square 1) has been lending to and banking VC/PE backed companies for the past 20+ years. We can start lending to companies as soon as there has been an institutionally led series A round and can provide loans as small as $1MM and as large as $75MM for M&A, runway extension, working capital, etc. Sectors covered include AI, fintech, healthcare IT/ services, education, B2B SaaS, ad tech, and consumer products. A few growth companies we work with are: Alloy, Freedompay, Strava, Grafana, Material Bank and many more.
Key benefits of using PacWest?
- No banking fees for first 2 years
- High yield savings on Seed deposits up to $5MM
- Every client of PacWest’s Venture Banking group is assigned a client services representative (direct dial / email – no 1800 number)
- Where we can, we like to leverage our network of investors and make introductions (have been building our network as a venture bank since 2004)