Technology companies are thriving across Bank of the West’s1 U.S. footprint—from Silicon Valley and the Bay Area to many key markets throughout the country. We have dedicated technology relationship managers and 30 years of experience lending2 to tech companies.
We serve the full supply chain of technology companies, including semiconductors and capital equipment, hardware, software, IT services, FinTech, applications and cloud services. Working closely with our parent company, BNP Paribas, we offer growing tech companies international reach in addition to our robust local presence throughout the U.S.5
A dedicated technology practice
Bank of the West created a dedicated Technology Banking practice in 2014 to serve the specialized needs of the U.S. mid-cap tech market both at home and abroad. With historical roots in Silicon Valley as Bank of San Jose4 we have been a lender to technology companies for more than 30 years. Our Technology Banking practice is accelerating what we’ve already been doing, so we can deliver comprehensive capabilities and expertise to even more growing mid-cap tech companies across the U.S.
Technology is a key growth engine for the U.S. economy.3 While tech start-ups can offer great opportunities for equity investors, they can also be fraught with risks from a lending perspective. Mid-cap tech companies are particularly exciting because of their increasing complexity. They are generating revenues and are able to service their loans. That gives us the opportunity to grow alongside them—helping them add offices, employees, and expanding client and vendor relationships with multifaceted needs.
At Bank of the West, we serve technology companies with revenues up to $5 billion, as well as the U.S. subsidiaries of global technology corporations. Bank of the West works with many U.S. tech companies that are expanding abroad. When middle-market companies reach a certain scale, grow outside the U.S., or are in need of capital markets and corporate finance services, we can connect them with BNP Paribas’ world-class, international banking solutions.
1Bank of the West is a wholly owned subsidiary of BNP Paribas.
2Credit subject to approval.
3Bank of the West Technology. Bank of the West internal reporting as of May 2016.
4In 1979, BNP purchased First National Bank of San Jose and merged it with the French Bank of California to become Bank of the West.
5Source: BNP Paribas analysis using Capital IQ.
6In South Dakota, Bank of the West operates under the name Bank of the West California.
Securities and variable annuities are offered through BancWest Investment Services, a registered broker/dealer, member FINRA/SIPC,, and SEC Registered Investment Adviser. Financial Advisors are Registered Representatives of BancWest Investment Services. Fixed annuities/insurance products are offered through BancWest Insurance Agency in California, (License #0C52321) and through BancWest Investment Services, Inc. in all other states where it is licensed to do business. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Bank of the West and its various affiliates and subsidiaries are not tax or legal advisors.
BancWest Investment Services is a wholly owned subsidiary of Bank of the West. Bank of the West is a wholly owned subsidiary of BNP Paribas.