Key differences
- Regions: First Citizens (SVB) covers US, UK; Banc of California covers US.
Side by side
| First Citizens (SVB) | Banc of California | |
|---|---|---|
| Product | Venture banking | Venture banking (formerly PacWest) |
| Funding type | Venture banks | Venture banks |
| Estimated rate as of today | Rates shown to approved members | Rates shown to approved members |
| Pricing source | Estimated as of today | Estimated as of today |
| Time to cash | About 6 weeks | About 6 weeks |
| Typical size | About 25% of your last equity round | About 25% of your last equity round |
| Term | 12–48 months | 12–48 months |
| Requirements | Institutional VC backing | Institutional VC backing |
| Regions | US · UK | US |
| What they underwrite | Your company & investors | Your company & investors |
| Collateral | All company assets | All company assets |
| How you repay | Interest-only then amortize | Interest-only then amortize |
| Dilution | Small (warrants) | Small (warrants) |
First Citizens (SVB)
Rebuilt Silicon Valley Bank. Prime-based pricing; expects operating deposits.
Banc of California
Venture banking group from the PacWest merger.
First Citizens (SVB) vs Banc of California FAQ
What is the difference between First Citizens (SVB) and Banc of California?
Regions: First Citizens (SVB) covers US, UK; Banc of California covers US.
Which is cheaper for you?
The answer depends on your amount, term and revenue. The calculator prices both on the same basis — fees, warrants and dilution included.
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Rates are estimates as of today, not a lender's quoted interest rate. Not an offer of credit, investment, legal or tax advice. B2B Agent may receive a referral fee when we introduce you to a provider; it never changes rankings or what we publish. Lenders: send your current terms so we can refresh the estimate, which also makes you eligible for the Transparent Pricing and Lowest Rate awards. Update your listing.