Bridge Bank Archives

Bridge Bank’s Corporate Banking Group Adds Nguyen

Bridge Bank added Nam Nguyen as vice president and relationship manager for its corporate banking group. Nguyen will be based in Bridge Bank’s East Bay loan production office, located in Pleasanton, CA.

February 10, 2023 Bridge Bank | Nam Nguyen | Ryan Banta Ian Koplin

Bridge Bank’s Capital Finance Group Adds Talent in Multiple Markets

Bridge Bank’s capital finance group hired Glenn Burroughs as senior vice president of business development in Seattle, Ari Kaplan as senior vice president and regional manager in Chicago and Matthew Trusiak as assistant vice president and regional manager in Las Vegas.

February 3, 2023 Ari Kaplan | Bridge Bank | Glenn Burroughs | Matthew Trusiak | Tim Carstens Ian Koplin

Bridge Bank Provides $3MM Credit Facility to Innovative Lease Services

The capital finance group of Bridge Bank closed on a $3 million credit facility for Innovative Lease Services, provider of commercial equipment financing and leasing services. Innovative Lease Services plans to use the funding to help grow its lease portfolio.

February 1, 2023 Andrew Nere | Bridge Bank | Innovative Lease Services | Justin Vogel Ian Koplin

Bridge Bank Provides $5MM Debt Financing to CytoSorbents

CytoSorbents received $5 million in non-dilutive debt financing under the terms of the fourth amendment to its amended and restated loan and security agreement with Bridge Bank.

January 3, 2023 Bill Wickline | Bridge Bank | CytoSorbents | Kathleen P. Bloch Ian Koplin

Bridge Bank Increases BillionToOne’s Term Loan to $35MM

BillionToOne, a molecular diagnostics company, secured an additional $48.5 million of funding from existing equity investors as well as an upsized term loan facility with access to up to $35 million with its existing lender, Bridge Bank.

Bridge Bank Provides $10MM Line of Credit to Xeal

Bridge Bank closed a $10 million line of credit, in October, to fuel the growth of Xeal, a technology company that’s making electric vehicle (EV) charging more reliable and accessible for building developers and owners in addition to EV owners.

Bridge Bank’s Capital Finance Group Grows by Seven

Bridge Bank expanded its growing asset-based lending team, part of the bank’s capital finance group.

Bridge Bank Provides $15MM Annual Recurring Revenue Line of Credit to EliseAI

The technology banking group of Bridge Bank closed a $15 million line of credit for EliseAI, a New York City-based technology company dedicated to building the world’s most advanced conversational artificial intelligence platform with an initial focus on rental housing.

August 4, 2022 Brendan Carr | Bridge Bank | EliseAI | Minna Song | Roger Klarmann Ian Koplin

Horizon Technology Finance and Bridge Bank Provide $80MM to Divergent Technologies

Divergent Technologies, a company that developed a digital production system for industrial-scale manufacturing, closed a new $60 million venture loan facility led by Horizon Technology Finance and a new $20 million revolving line of credit provided by Bridge Bank.

July 8, 2022 Bridge Bank | Divergent Technologies | Gerald A. Michaud | Kevin Czinger | Mike Lederman Ian Koplin

Bridge Bank Provides $5MM Monthly Recurring Revenue Line of Credit to Tourmo

The technology banking group of Bridge Bank closed on a $5 million monthly recurring revenue line of credit for Tourmo, a San Diego-based artificial intelligence mobility company that helps businesses optimize mobile workforce operations.

May 3, 2022 Bridge Bank | Justin Vogel | Marc Brungger | Tourmo Ian Koplin

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