Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $3.0 million credit facility to Delicate Productions, consisting of a term loan and a revolving line of credit. In addition to the financing, Delicate Productions utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

Operating out of the Los Angeles area, Delicate Productions is an award-winning provider of professional audio, lighting and video services.  For 40 years, Delicate Productions has brought unparalleled technical knowledge and service to clients in the concert, festival, touring, live and corporate event industries.  The company’s extensive inventory of cutting-edge audio, lighting, and multimedia video technologies, paired with the experience of the industry’s top technicians, engineers and production designers, provides its clients with the Delicate Productions difference: events that are visually striking, masterfully engineered, and flawlessly executed.

“One of the biggest challenges in the production industry is managing working capital through the seasonal ebbs and flows in our business,” said Harvey Ross, Executive Vice President of Delicate Productions.  “Pacific Mercantile Bank demonstrated a strong understanding of our unique business model and put together a customized credit facility to support our ongoing capital needs.  They were also able to use their Horizon Analytics® tool to provide insight into the best strategies for maximizing the value of our company in the coming years, which is a level of consulting we have never received from another commercial bank.”

“Since 1980, Delicate Productions has provided superior customer service and created world-class events for some of the biggest names in the touring, corporate and live entertainment industries,” said Rob Parks, Senior Vice President at Pacific Mercantile Bank.  “The company has built a large and loyal customer base that keeps coming back to them for their production needs year after year, and we are excited to have the opportunity to support their continued growth and success.”