 COSTA MESA, Calif., Dec. 02, 2020 GLOBE NEWSWIRE -- Pacific Mercantile Bank the Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp NASDAQ: PMBC, today announced that it has provided an 8.0 million credit facility to Upstrēm, Inc. Upstrēm, a technological leader in the online reselling of surplus retail footwear and apparel stocks. In addition to the financing, Upstrēm utilizes a full suite of Pacific Mercantile Banks depository products and treasury management services. Upstrēm was referred to Pacific Mercantile Bank by Corbel Capital Partners, a structured debt and equity fund that recently made an investment in Upstrēm. 