Western Alliance, Bridge Capital Complete Merger
Western Alliance said it completed its merger with Bridge Capital Holdings. The combined company has about $13 billion in assets and banking divisions based in CA, AZ and NV.
Western Alliance said it completed its merger with Bridge Capital Holdings. The combined company has about $13 billion in assets and banking divisions based in CA, AZ and NV.
Bridge Capital Holdings provided a combination of credit facilities and working capital advances totaling $20 million to HotSchedules (fdba Red Book Connect).
Bridge Capital entered into a line of credit agreement with Webster Business Credit. The new line of credit will replace the $7 million line of credit the company has with Sterling National Bank.
Bridge Capital announced Mark Breneman joined the Southern California Technology Banking Team as SVP and business line manager.
Bridge Capital Holdings provided Hunter Technology with $8 million in financing in the form of a credit line and an equipment guidance line to purchase new manufacturing equipment and support working capital needs.
Bridge Capital Holdings announced it provided Digital Trends with a $2.5 million credit line to support its working capital needs.