Irvine, CA, January 15, 2021 – Pacific Coast Capital LLC is pleased to announce it has obtained a new revolving line of credit with Texas Capital Bank. Pacific Coast Capital (PCC) is a non-regulated specialty finance lending firm that provides asset-based lending solutions to lower and middle-market businesses across all industries. The funds will be used to support future growth. PCC is led by industry veterans Dave Drogos, Jeff Lizar, and Patrick Brennan, each with over 25 years’ experience in asset-based lending.
“Our experience with Texas Capital Bank has been fantastic,” said Dave Drogos, Managing Director of Pacific Coast Capital. “We provide loans to small businesses. During these difficult times, in order to service unprecedented demand for capital, we needed more than just a financial partner. What we found with Texas Capital Bank is a business-minded lender and treasury team that supports every aspect of what we do. We are thankful that we found Texas Capital Bank and look forward to our partnership.”
“We are excited about this relationship with PCC and partnering with their highly regarded and talented management team,” said Steven Katz, Senior Vice President of commercial lender finance at Texas Capital Bank. “Providing the right solutions to our lender finance borrowers while being proactive partners is critically important at Texas Capital Bank as we look to deliver substantial value for our clients at every stage of their business life cycle.”
About Pacific Coast Capital, LLC
Pacific Coast Capital, LLC is a California-based provider of asset-based loans to small and middle-market companies across the Western United States. Its core competency is providing asset-based loan solutions to the growing number of entrepreneurial businesses that are seeking funding without the stress of banking or finance company restrictions, covenants, and other compliance burdens. The company focuses on lending arrangements up to $5 million.