Due to inclement weather, Bankwell offices will open late today at 10:00am, Thursday December 5th.

Based on expected travel conditions, Bankwell branches will open on a delayed schedule at 10:00 AM EST on February 24. Phone support and operations will open at 8:00 AM EST.
Case highlight

Electronics Manufacturer Acquisition

Amount

$4.82 million

Loan Type

SBA 7(a), International Trade

Location

California

Project Overview

A well-established manufacturer of refurbished electronic manufacturing equipment and provider of repair services was acquired to continue its legacy and expand operations. The business, based in California, has been operating since 1989 and serves clients across North America and abroad. The acquisition included all business assets, service contracts, and retention of key employees to ensure continuity and growth.

Highlights

  • Acquisition of a 30+ year-old business with strong brand recognition in equipment repair
  • Funding supports continued expansion in domestic and international markets
  • Bankwell reduced deal friction compared to large SBA lenders by not requiring additional guarantors and providing more working capital based on strong borrower financials and business cash flow

Community & Impact

  • Supports domestic manufacturing and onshoring trends in electronics and light equipment sectors
  • Creates job stability for existing employees and growth opportunities in California and satellite locations
  • Promotes sustainability through reuse and refurbishment of high-tech equipment, which offers cost-effective alternatives to new OEM machines
Log-inSign-up
Smart Rates
Company
AboutLeadershipContactLocationsCareersPressInvestor Relations
Commercial
Real Estate LendingLendingInsurance Agency LendingHealthcare LendingTreasury ManagementDigital Escrow
Business
CheckingMoney MarketSBA Loans
Loans and Lines of CrediteSpire Growth Loan
Personal
CheckingSavings & CDsIRAs
Resources
SupportPrivacy and securityWebsite Terms of UseResource centerRates
©2026
Member FDIC
Privacy & SecurityAccessibility