Pacific Mercantile Bank Provides $4 Million Credit Facility to SynergEyes, Inc.
Pacific Mercantile Bancorp (PMBC)
Last pacific mercantile bancorp earnings: 4/30 04:30 pm
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Source: GlobeNewswire
COSTA MESA, Calif., Dec. 06, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $4.0 million credit facility to SynergEyes, Inc. consisting of a revolving line of credit and commercial term loan. In addition to the financing, SynergEyes utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services. SynergEyes is a high-performance, advanced technology specialty contact lens company focused on independent eye care professionals. SynergEyes prides itself in providing over 10,000 eye care professionals products that deliver exceptional vision to their patients across the globe. Together with the support of independent eye care professionals, SynergEyes seeks to innovate and offer products and services to help transform vision for patients with astigmatism, presbyopia and irregular cornea conditions. SynergEyes recent
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