SOURCE: Heritage Bank of Commerce

Heritage Bank of Commerce

April 24, 2014 11:39 ET

UPDATE: Michael Hansen Joins Heritage Bank of Commerce to Lead Corporate Finance Division

SAN JOSE, CA--(Marketwired - Apr 24, 2014) - Heritage Commerce Corp (NASDAQ: HTBK) announced today that Michael Hansen has joined the Bank as Senior Vice President and will head the Corporate Finance Division of Heritage Bank of Commerce.

"We are pleased to announce that Michael will be leading our new Corporate Finance Division," said Walt Kaczmarek, President and CEO. "Michael will focus on expanding our existing Asset Based Lending business to include financing to venture backed and technology companies."

Hansen comes to Heritage Bank of Commerce from Avidbank of Palo Alto, California, where as Executive Vice President he established their corporate finance group to provide asset based lending products to companies throughout the United States. Prior to Avidbank, Hansen was Senior Vice President at Greater Bay Business Funding, a division of Greater Bay Bank, where he was responsible for all business development at the national level.

"Michael has an outstanding reputation for building profitable invoice financing and asset based lending portfolios. He brings a wealth of knowledge and industry experience that will allow Heritage Corporate Finance to source financing opportunities with companies in the major technology centers throughout the United States," stated Kaczmarek.

Hansen received a Bachelor's degree in Business Administration from Loyola Marymount University.

About Heritage Bank of Commerce
Heritage Commerce Corp, a bank holding company established in February 1998, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose with full-service branches in Danville, Fremont, Gilroy, Los Altos, Los Gatos, Morgan Hill, Pleasanton, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender with an additional Loan Production Office in Lincoln, California. For more information, please visit

Contact Information

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    Diana Olveira
    (408) 534-4930