Silicon Valley Bank, which specializes in loans to early-stage tech companies, has entered Florida by opening a loan office in West Palm Beach.
The bank, based in Santa Clara, Calif., opened at 515 N. Flagler Dr. on Sept. 15.
Since 1998, Silicon Valley Bank has used an Atlanta office to make loans to South Florida companies. The bank began making plans for a Florida loan office early this year.
"We picked West Palm Beach because it is a convenient location for all of Florida," said Jeff White, Silicon Valley Bank's senior vice president in West Palm Beach. "We can serve South Florida, and we have access to Orlando and Tampa Bay where we also have …