Daily News: June 16, 2014

Quick Bridge Funding Secures $35MM Facility

Quick Bridge Funding said it recently closed a $35 million credit facility with a Southern California bank. The financing will be used to expand Quick Bridge Funding’s short-term working capital loan programs.

Quick Bridge Funding provides short-term term working capital and debt solutions for small to medium-size businesses nationwide. Founded in 2011, Quick Bridge Funding attributes its strong portfolio performance and growth in loan originations to the mutually beneficial relationships it has established with its third party broker partners.

“This financing commitment will allow us to continue to expand our loan funding services to more broker partners and customers,” said Quick Bridge Funding president, Ben Gold. “Whether a business needs cash to purchase inventory, support expansion or bridge seasonality, our working capital programs meet their immediate needs.”