Bridge Bank Extends $17MM Credit Facility to SteelHouse

Bridge Bank extended a credit facility to SteelHouse, an advertising technology company and the first self-serve platform with AI technology that automates advertising to achieve the best outcome.

Bridge Bank, Tree Line Capital Support Goettl Recap

Bridge Bank and Tree Line Capital both provided debt financing to support the recapitalization of Goettl Air Conditioning by Baum Capital Partners.

Bridge Bank Supports Sole Source Buyout of Trade Supplies

Bridge Bank’s Corporate Banking group provided senior debt financing to support Sole Source Capital’s leveraged buyout of Trade Supplies.

Bridge Bank Upsizes Capstone Turbine Facility to $15MM

Capstone Turbine amended its credit facility with Bridge Bank, increasing the line of credit from $12 million to $15 million and reducing the letter of credit interest rate from prime 1.5% to 1%.

Grassroots ABL: Regional Banking Execs Upbeat About Economy

Regional banks play an important role in today’s economy, offering personalized services to small and middle-market businesses. They also are expanding into the ABL market to serve those customers. ABF Journal contributor Lisa Miller spoke with ABL executives from four regional banks who shared their thoughts on the economy, the impact of technology and working with alternative lenders.

Bridge Bank Provides $2MM Facility to Snipp

Snipp Interactive entered into a new $2 million credit facility with Bridge Bank. The credit facility consists of an accounts receivable line of credit for up to $2 million and provides Snipp with additional working capital.

Solar Capital, Bridge Secure $20MM Restoration Robotics Facility

Restoration Robotics reached an agreement with Solar Capital and the Life Sciences Group at Bridge Bank to secure a $20 million debt facility.

Bridge Bank Provides $15MM Facility to CytoSorbents

CytoSorbents, a critical care immunotherapy leader specializing in blood purification, refinanced its existing $10 million term loan with a new $15 million debt facility with Bridge Bank.

Bridge Bank, Assurance Support Bridger Old Mill Acquisition

Bridge Bank and Assurance Mezzanine provided funding to support Bridger Capital Partners’ acquisition of Bluffdale, UT-based Old Mill Brick.

Bridge Bank Provides $6MM Revolver to BIOLASE

BIOLASE secured a $6 million revolving line of credit from Bridge Bank, a division of Western Alliance Bank. Funds from the two-year accounts receivable line of credit will be used for working capital purposes.