American Business Bank announces new loan production office in Long Beach, California

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LOS ANGELES, October 01, 2021– (BUSINESS WIRE) – AMERICAN BUSINESS BANK (OTCQX: AMBZ) today announced its further expansion with the addition of its Long Beach regional office. The new loan production office is located at 5000 East Spring Street, Suite 570 in Long Beach, California. American Business Bank (ABB) is well positioned to meet the growing demand from Long Beach businesses with experienced investment bankers who understand the local market and who specialize in partnering with businesses to meet their financial needs.

“With our customer base located throughout Southland, Long Beach is a strategic location for us to bridge the gap between our Orange County and Los Angeles offices,” said Leon Blankstein, President and CEO of American Business Bank. “Our knowledgeable team will continue to serve our valued customers in this region by providing them with the care businesses deserve.”

Led by Senior Vice President Jonathan Caveza, the Long Beach team includes two seasoned VP / Relationship Managers, Suresh Pradhan and Maria Roberts. This dynamic team has over 30 years of experience in the Long Beach market. “This team of experienced professionals reinforces our mission to engage our markets with the state’s best investment bankers,” said Phil Feghali, Executive Vice President.

American Business Bank serves mid-market businesses in Southern California, customizing solutions for a full range of financial needs. ABB’s classically trained bankers provide expert advice to clients on cash flow management, growth financing and more. Based in Los Angeles, the bank has grown every year since its inception in 1998 and is well positioned to help businesses of all sizes with their cash and credit management needs.

ABOUT THE AMERICAN BUSINESS BANK

American Business Bank, headquartered in downtown Los Angeles, offers a wide range of financial services to the business market. Customers include wholesalers, manufacturers, service companies, professionals, and non-profit organizations. American Business Bank has seven loan production offices in strategic locations including: North Orange County in Anaheim, Orange County in Irvine, South Bay in Torrance, San Fernando Valley in Woodland Hills, Riverside County in Corona, Inland Empire in Ontario and LA Coastal at Long Plage.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211001005005/en/

Contacts

Karen schoenbaum
Executive Vice President / CFO
(213) 430-4000
www.americanbb.bank

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