Hana at $1 Billion
Los Angeles–based Hana Financial Inc. hit $1 billion in factoring volume last month.
The 16-year-old bank was co-founded by Sunnie S. Kim, president and chief executive officer, whose 35-year history in the finance industry includes co-founding the first Korean-American–owned bank, Hamni Bank, which later acquired Pacific Union Bank. Hana is a member of Factors Chain International. Hana was the sixth United States company to join the Netherlands-based factoring association and is currently one of FCI’s eight members from the United States. The FCI network includes 212 factors in 61 countries.
The bicoastal Hana Financial also operates an office in New York. —Alison A. Nieder
