Irvine, California – July 16, 2020 – CommerceWest Bank was approved by the Federal Reserve to participate in the Main Street Lending Program (MSLP). The Bank is participating in the program to assist financing for both existing clients and non-clients. Only a handful of Banks in the state of California are currently participating and accepting new clients through this program.
Mr. Ivo A. Tjan, Chairman and CEO commented, “We continue to be one of the safest and strongest financial institutions in California. The Bank is excited to help small to mid-sized businesses obtain financing through MSLP.” He continued, “Our team is available to assist businesses impacted by COVID-19 to determine if they meet the program’s requirements. These are extraordinarily difficult times and we hope that we will all work together towards a better future for the business community.”
CommerceWest Bank is a California based full service commercial bank with a unique vision and culture of focusing exclusively on the business community. Founded in 2001 and headquartered in Irvine, California. The Bank serves businesses throughout the state with an emphasis on clients in Orange County, San Diego, Los Angeles, and Riverside Counties. We are a full service business bank and offer a wide range of commercial banking services, including remote deposit solution, online banking, mobile banking, lines of credit, working capital loans, commercial real estate loans, SBA loans, and treasury management services.
Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.
Please visit www.cwbk.com to learn more about the bank. “BANK ON THE DIFFERENCE”