San Jose California Quickstart Loan and Security Agreement between Silicon Valley Bank and iPrint, Inc.

State:
Multi-State
City:
San Jose
Control #:
US-EG-9330
Format:
Word; 
Rich Text
Instant download

Description

Quickstart Loan and Security Agreement between Silicon Valley Bank and iPrint.Inc. regarding Silicon's offer to extend financing on certain terms such as grant of continuing security interest in all of iPrint's interest in different types of property

San Jose California Quick start Loan and Security Agreement is a legally binding document between Silicon Valley Bank (SVB) and print, Inc., a company based in San Jose, California. This agreement outlines the terms and conditions for a loan provided by SVB to print, Inc., ensuring its repayment and securing the bank's interests. The Quick start Loan is a specialized financing option offered by Silicon Valley Bank with flexible terms and quick processing time, tailored to meet the immediate financial needs of businesses like print, Inc. It is designed to support and fuel the growth of early-stage technology and innovation companies located in San Jose, California. This loan agreement specifies the borrowing conditions, the loan amount, repayment terms, interest rates, and any collateral pledged as security. It also details the covenants, representations, and warranties that both parties must adhere to throughout the loan tenure. Additionally, it outlines default provisions, which describe the actions to be taken in case of non-compliance or a breach of the agreement by either party. The San Jose California Quick start Loan and Security Agreement may have different types based on various factors such as loan amount, term length, interest rates, and specific circumstances of the borrower. Some potential types of these loans may include: 1. Quick start Working Capital Loan: This type of loan specifically addresses the working capital needs of print, Inc., providing funds to support their day-to-day operations and enable business growth. 2. Quick start Equipment Loan: This loan is designed to finance the purchase or acquisition of specific equipment required by print, Inc., enhancing their production capabilities or technological infrastructure. 3. Quick start Expansion Loan: This type of loan is meant to support print, Inc. in expanding its operations, such as opening new branches, entering new markets, or launching new product lines, thus driving further growth and revenue. Overall, the San Jose California Quick start Loan and Security Agreement serves as a vital tool for print, Inc. to secure necessary funds from Silicon Valley Bank to fuel its business expansion and innovation endeavors, aiding in the economic growth of both the company and the local community in San Jose, California.

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FAQ

Silicon Valley Bank, a subsidiary of SVB Financial Group, is a U.S.-based high-tech commercial bank. The bank has helped fund more than 30,000 start-ups. SVB is on the list of largest banks in the United States, and is the biggest bank in Silicon Valley based on local deposits.

Silicon Valley Bank is authorised and regulated by the California Department of Financial Protection and Innovation (DFPI) and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation

SVB serves the world's most innovative companies and their investors via commercial banking with Silicon Valley Bank, investment banking with SVB Leerink, private banking and wealth management with SVB Private Bank, and funds management and investment with SVB Capital.

Is Silicon Valley Bank a good company to work for? Silicon Valley Bank has an overall rating of 4.2 out of 5, based on over 830 reviews left anonymously by employees. 86% of employees would recommend working at Silicon Valley Bank to a friend and 89% have a positive outlook for the business.

Servicing 15 U.S. states and multiple other countries, SVB boasts $75 billion in assets and almost $170 billion in deposits and investments. This bank for businesses has also been named by Forbes as among the best banks in America.

Silicon Valley Bank is authorised and regulated by the California Department of Financial Protection and Innovation (DFPI) and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation

Silicon Valley Bank, a subsidiary of SVB Financial Group, is a U.S.-based high-tech commercial bank. The bank has helped fund more than 30,000 start-ups....Silicon Valley Bank. TypePublicTotal assets$84.48 billion (2020)Total equity$5.8 billion (2020)Number of employees3,600 (2019)Capital ratio12.06% Tier 1 capital (2017)8 more rows

Company Information SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company offers commercial and private banking products and services through its principal subsidiary, Silicon Valley Bank (the Bank).

About Silicon Valley Bank Silicon Valley Bank provides diversified financial services to emerging growth and mature companies in the technology and life sciences markets, as well as the premium wine industry.

Silicon Valley Bank, a subsidiary of SVB Financial Group, is a U.S.-based high-tech commercial bank. The bank has helped fund more than 30,000 start-ups....Silicon Valley Bank. TypePublicTotal equity$5.8 billion (2020)Number of employees3,600 (2019)Capital ratio12.06% Tier 1 capital (2017)Websitesvb.com8 more rows

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Borrower: COM21, INC. (San Francisco County Super.Apple IBM and Commoao'u Ofl are traderr. Jirns respectively of Apple Compulu-s.

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San Jose California Quickstart Loan and Security Agreement between Silicon Valley Bank and iPrint, Inc.