Biotechnology
- Drug Discovery
- Therapeutic Agents
- Pharmaceuticals
Life Sciences Banking
Specialized banking for life sciences companies advancing what’s next.
Life Sciences Banking
Banking for scientific innovation and business growth.
Life sciences companies operate with complex development cycles, specialized equipment needs, regulatory milestones and capital-intensive growth. Banc of California’s Life Sciences Banking team supports founders, executives, CFOs and finance leaders with banking solutions tailored to your stage, sector and operating model.
Serving the life sciences ecosystem.
We support companies advancing scientific discovery, care delivery, diagnostics, equipment, research and commercialization.
Healthtech
- Digital Health
- Health Insurance
- Clinical Research
- Tech-Enabled Services
- Value-Based Care
Medical devices
- Cardiovascular
- Orthopedic
- Ophthalmic
- Neurology
- General Surgery
- Patient Monitoring
- Lab Equipment
Diagnostics and tools
- Contract Development and Manufacturing Organizations
- Medical Device Contract Manufacturing Organizations
- Contract Research Organizations
Agtech
- Sustainability
- Crop Health and Enhancement
- Plant Genetics
- Animal Health
- Digital Tools and Supply Chain
Financing
Financing for innovation, milestones and scale.
Access credit solutions that can support approved business needs such as working capital, equipment, commercialization, acquisitions and letters of credit.
Revolving lines of credit
Support working capital needs and cash flow timing as your company advances through growth stages.
Equipment financing
Finance eligible laboratory, manufacturing, diagnostic, medical device or operational equipment.
Term loans
Support approved growth initiatives, milestone planning, commercialization or other business needs with a structured financing solution.
Acquisition lines of credit
Prepare for approved acquisition opportunities or strategic expansion needs.
Letters of credit
Support contractual, leasing or other business requirements where a letter of credit is appropriate and approved.
Treasury & Deposits
Treasury and deposit solutions for milestone-driven growth.
As life sciences companies scale, finance teams need efficient ways to manage payments, collections, liquidity and controls around milestone-driven operating needs. Banc of California can help coordinate treasury and deposit solutions that support daily operations and growing complexity.
Payments and disbursements
Coordinate routine payments, vendor activity and domestic or international money movement as operating needs grow.
- Business credit cards and debit cards
- ACH and bill pay solutions
- Domestic and foreign-currency wires
Collections and receivables
Support incoming payments and receivables workflows with tools built for daily operating needs.
- Remote deposit capture
- ACH collections
- Lockbox services
Visibility and control
Give finance teams clearer oversight of account activity, approvals and cash movement.
- Online banking and check imaging
- Positive Pay and ACH Positive Pay
- SmartData expense reporting
Deposits and liquidity
Organize operating cash, surplus balances and liquidity needs around your current stage and next milestone.
- Demand deposit and money market accounts
- CDs, money market funds and CDARS®
- Insured cash sweep and target balance sweep solutions
- Multicurrency and zero balance accounts
How We Work
A relationship model built around your stage.
Your banking needs can change quickly as you move from research through clinical development, commercialization and market expansion. Our team works with you to align credit, treasury, deposits and day-to-day service with your current priorities and next milestone.
Research and development
Support early development cycles, cash management and liquidity needs as teams prepare for clinical, regulatory or commercial milestones.
Clinical and milestone execution
Coordinate financing, treasury and deposit support as your company manages clinical progress, equipment needs, working capital and expanded operations.
Commercialization and expansion
Align banking support with market entry, revenue growth, acquisitions and the increasing complexity of a scaling business.
Built for scientific progress and business growth.
Work with a banking team that understands the life sciences industry, providing specialized financing, treasury solutions and relationship support to help innovative companies grow with confidence.
-
Dedicated Life Sciences practice
Work with bankers who understand the operating realities, milestones and capital needs of innovative life sciences and healthcare businesses.
-
Flexible financing and treasury support
Align financing, treasury, deposit and liquidity solutions with your company's stage, operating model and growth objectives.
-
Responsive decision-making and execution
Move from conversation to coordinated next steps with a team built to support complex, high-growth banking needs.
-
Connected to the venture and life sciences ecosystem
Benefit from a relationship team that understands the interconnected needs of founders, finance leaders and private capital partners.
-
High-touch relationship and client service support
Get ongoing guidance from relationship managers and client service teams as your needs evolve.
Business Insights
Insights for life sciences leaders.
Explore guidance on operating through market uncertainty, evaluating capital options and navigating the life sciences funding environment.
Biotech Resilience How Biotech Startups Can Build Financial Resilience Explore strategies to manage spending, extend runway and position your company for the next market cycle. Read article Venture Debt The Founders’ Guide to Venture Debt Learn how venture debt may help life sciences companies pursue milestones while limiting additional equity dilution. Read article Venture Capital What Is VC Funding? Understand the stages of venture capital funding and how it can help companies support innovation and growth. Read article
CONNECT WITH A
LIFE SCIENCES BANKER
Let’s talk about your business model, growth plans and banking needs. From financing to treasury, deposits and liquidity, our team can help you explore a relationship built around how you operate.
Frequently Asked Questions
Life Sciences Banking FAQs
Answers to common questions about Life Sciences Banking, financing, treasury services and liquidity support.
What is Life Sciences Banking?
Life Sciences Banking is specialized banking for companies in biotechnology, medical devices, diagnostics, digital health, tech-enabled healthcare services and specialty pharmaceuticals. It can include financing, deposits, treasury management, payments, liquidity solutions and relationship support.
Who does Banc of California Life Sciences Banking serve?
Banc of California serves founders, executives, CFOs and finance leaders at life sciences companies, including businesses in biotechnology, medical devices, diagnostics, digital health, tech-enabled healthcare services and specialty pharmaceuticals.
How can venture debt support life sciences companies?
Venture debt may help eligible life sciences companies extend runway, finance equipment, support working capital, prepare for commercialization or fund approved growth initiatives.
What credit solutions are available for life sciences companies?
Credit solutions may include revolving lines of credit, equipment financing, term loans, acquisition lines of credit and letters of credit, depending on company needs and credit approval.
What treasury solutions are available for life sciences companies?
Treasury solutions may include remote deposit capture, ACH, lockbox, business credit cards, bill pay, debit cards, domestic and foreign-currency wires, online banking, check imaging, Positive Pay, ACH Positive Pay and reporting tools.
How can life sciences companies manage liquidity?
Life sciences companies can use deposit and liquidity solutions such as operating accounts, money market accounts, CDs, money market funds, CDARS®, insured cash sweep, multicurrency accounts, zero balance accounts and sweep solutions where available and appropriate.
Does Banc of California support digital health and tech-enabled healthcare companies?
Yes. Digital health and tech-enabled healthcare services are part of our Life Sciences Banking focus, with solutions tailored to each company stage, sector and operating model.
IntraFi, IntraFi Cash Service, ICS, and CDARS are registered trademarks of IntraFi LLC. All accounts are subject to approval and applicable fees, terms and conditions. See banker for details. Banc of California is an equal opportunity lender. This is not a commitment to lend. All offers of credit are subject to credit approval.