Len Tanguay served as Vice President/Commercial Loan Officer for Pacific Western Bank, managing a $90 million loan portfolio at the bank’s Irwindale Office, from November 2013 until his retirement in 2017. Prior to this, he was responsible for sourcing and qualifying prospective clients for the bank’s asset-based lending division. He served as liaison between the California units and the division, promoting an internal understanding of how to serve emerging companies below $5 million in annual sales. Over the prior 18 years, Len established and managed specialized factoring lending units at three different banks.
Len’s combined units purchased over $400 million in small company accounts receivable, providing much needed funding for his rapidly-growing clients. Many of these clients were able to grow their sales 25% to 50% annually with Len’s guidance. Len entered the banking industry in 1979, graduating from Bank of America’s Management Training program, and held both underwriting and unit management positions at many banking institutions including Bank of America, Sumitomo Bank, Bank of Southern California, Eldorado Bank, Bank of Whittier, Peoples Bank and Gateway Business Bank.
Len holds a BS degree in Management from California State University, Long Beach, where he resides and enjoys many interests including technology, backpacking, motorcycling, amateur radio, and independent study of philosophy and theology.