Contact

400 Emerson
Palo Alto, CA 94301

P: (650) 843-2202
F: (650)289.9192
W: www.avidbank.com

Management

  • Scott Chamberlin: Executive Vice President
  • Mark Mordell : Chairman and CEO
  • Ken Brenner : President
  • Steve Leen : Executive Vice President & CFO
  • Ronald Oliveira : Executive VP and Chief Credit Officer

Summary

 Avidbank Corporate Finance (a subsidiary of Avidbank Holdings, Inc.) provides asset-based lending solutions to emerging growth and established companies across Silicon Valley and the San Francisco Bay area. Based in Palo Alto California, the firm serves industries in the technology sector—computer software and hardware, IT outsourcing, and medical devices, among others. They are active in these markets:

  • Commercial and industrial lending
  • Corporate finance
  • Technology asset-based lending
  • Real estate construction
  • Commercial real estate lending
  • Real estate bridge financing markets.

Recent fundings have been valued at $500,000 to $5 million.

Size of Loans

  • $1,000,000 - $5,000,000

Industries

  • Technology

Recent Transactions

BorrowerIndustryAmount (M)QuarterYear
4INFOProvider/Mobile Search Services5.042012
Horoscope.comProvider/Readings3.532012
USA TechnologiesProvider/Wireless Cash Transactions3.032012
YogaWorksOperator/Health Fitness Centers Chain1.532012
USA TechnologiesProvider/Wireless Transactions, Network Services3.022012
AUXILIOProvider/Print Services, Healthcare Industry2.022012