Tim Carstens is managing director of the Capital Finance Group, which offers asset-based lending solutions, including accounts receivable, inventory and invoice financing, to provide lines of credit and working capital to clients of Western Alliance Bank and its divisions across the U.S.
A seasoned banking professional with more than 30 years of experience, Tim joined Bridge Bank, in 2020 from Fifth Third Business Capital in Arizona, where he was director and senior vice president. His asset-based lending expertise was honed during more than 20 years with Wells Fargo, where he began his career. Previously, he held senior business credit roles with PNC Business Credit and M&I Business Credit.
He holds a Bachelor of Science in Finance from Miami University, where as a student he completed an international banking internship in Luxembourg.
Bridge Bank, a division of Western Alliance Bank, Member FDIC, delivers relationship banking that puts clients at the center of everything. Founded in 2001 in Silicon Valley, Bridge Bank offers a full spectrum of tailored business banking solutions throughout the Bay Area and has specialized expertise focused on life sciences and technology and innovation companies, at every stage in their life cycle, through its offices in major tech hubs across the country. Bridge Bank also serves the private equity and venture capital communities and provides business escrow services. Bridge Bank is part of Western Alliance Bancorporation, which has more than $65 billion in assets and ranked #1 among top-performing large banks with assets greater than $50 billion in 2021 by both American Banker and Bank Director. As a regional bank with significant national capabilities, Bridge Bank delivers the reach, resources and local market expertise that make a difference for customers.