CBC Business Credit, a unit of California Bank of Commerce (CABC), announced the hiring of Melinda Ficek as Vice President. Ficek will be based out of Newport Beach/Los Angeles, CA area and will spearhead the Bank's business development activities in Southern California, focusing on the working capital credit needs of small and medium-sized businesses including traditional and asset based lending solutions (ABL). Ficek has over 15 years experience in loan origination and business development.
"Having a banker and business development professional such as Melinda in Southern California will help CBC Business Credit in achieving our growth strategy on the West Coast," said James Christiansen, Executive Vice President of California Bank of Commerce and head of CBC Business Credit. "Melinda will be a terrific addition to the CBC Business Credit team, generating new business and creating relationships in new market for the Bank," said Christiansen.
"This is a great opportunity for me to lead the Bank's ABL business development efforts in Southern California. CBC Business Credit is a relationship driven business bank that shares my passion for the asset-based lending and value-added services," said Ficek.
Prior to joining CBC Business Credit, Ficek was an investor and assisted in the start up of BP4 Design. Other previous positions include ABL Business Development for First Capital, Celtic Bank and Medical Capital, Senior Loan Officer for E*TRADE Financial, and Independent Consulting. She is a graduate of Grand View College and a member of ACG, CFA, TMA, Risk Management Association, and Association of Insolvency and Restructuring.
CBC Business Credit focuses on providing collateral and asset-based lending solutions to companies in situations ranging from rapid growth to turnarounds, utilizing receivables, inventory, and fixed assets to provide credit for these valuable companies. CBC Business Credit also serves other banks seeking alternative credit facilities for their non-traditional lending clients, without jeopardizing existing relationships.