Pacific Mercantile Bank announced that it has extended a $1.5 million commercial line of credit to Linksoul to finance the company’s continued growth. In addition to the line of credit, Linksoul will utilize a full suite of Pacific Mercantile Bank’s cash management services.
Linksoul is an apparel brand, rooted in golf and extended to a wide range of everyday activities to create a unique line of men’s and women’s lifestyle clothing. Founded by John Ashworth, Linksoul is more of a philosophy than a brand. It is the collective life’s work of a group of people that care about each other and enjoy collaborating. The word “linksoul” comes simply from the term “links soul,” which is an expression of the combination of virtues the founders discovered through playing golf, and now seek in whatever they do. Linksoul’s mission is to reconnect people to the soul of the game, which is no longer just about golf; it's about everything. (But golf is still mandatory on Fridays.)
“I’m grateful for the support that Pacific Mercantile Bank has provided to help us grow the Linksoul brand,” said John Ashworth, President of Linksoul. “Linksoul is the product of 30 years of experience in the clothing trade that includes conceptualizing, collecting, developing and designing. Much of that experience was gained while I built Ashworth, Inc. We believe in making things with our hands, with the people we love, for the good of our families and our community, and giving golfers a choice they haven’t had before. We appreciate the time that Pacific Mercantile Bank has taken to understand our vision and business model, and structure a credit facility that provides the flexibility we need to continue growing our brand.”
“Linksoul has struck a chord with golfers and is gaining popularity nationally and internationally,” said Tom Vertin, President and Chief Executive Officer of Pacific Mercantile Bank. “We are very pleased to be working with this unique group of golfers, craftsmen and artists as they continue to build the Linksoul brand.”