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

Bridge Bank Provides $7.5MM Credit Facility to Blue Sky eLearn

The structured finance group at Bridge Bank closed on credit facilities totaling $7.5 million for San Diego-based Blue Sky eLearn, which plans to use the funds as working capital to support growth.

April 26, 2022 Blue Sky eLearn | Bridge Bank | McCarthy Capital | Philip Forte Ian Koplin

Bridge Bank Increases OMNIQ’s Borrowing Capacity to $8.5MM with New Lending Facility

OMNIQ, a provider of supply chain and artificial intelligence-based solutions, has a new banking agreement which includes the closing of a new lending facility with Bridge Bank.

April 13, 2022 Bridge Bank | Niv Nissenson | OMNIQ | Raelene Sagapolu | Shai Lustgarten | ThinkEquity Ian Koplin

Bridge Bank Provides $40MM Credit Facility to Sayari Labs

The technology banking group of Bridge Bank closed on a $40 million credit facility for Sayari Labs, a Washington, D.C.-based leader in financial intelligence and supply chain risk solutions.

February 2, 2022 Brian McCabe | Bridge Bank | Eric Rhoades | Sayari Labs Ian Koplin

Bridge Bank Provides $7 Million in Venture Debt to Appcues

The technology banking group of Bridge Bank provided $7 million in venture debt to Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them.

February 1, 2022 Appcues | Brendan Carr | Bridge Bank | Jackson Noel | Michael Walsh | NewSpring Capital Ian Koplin

Bridge Bank Delivers $10MM ABL to Zuum Transportation

Bridge Bank’s capital finance group closed a $10 million asset-based loan facility for Zuum Transportation, a California-based logistics technology provider for manufacturers, freight brokers and carriers.

January 13, 2022 Bridge Bank | Justin Vogel | Matt Tabatabai | Zuum Transportation Phil Neuffer

Bridge Bank Hires Bhagat as Senior Managing Director for International Banking Group

Bridge Bank hired Dave Bhagat as senior managing director of its international banking group. In his new role, Bhagat will manage the foreign exchange sales and trading team, the trade finance and EXIM team and correspondent banking and multi-currency accounts.

December 9, 2021 Bridge Bank | Daniel P. Myers | Dave Bhagat Phil Neuffer

Bridge Bank Provides $6MM Venture Debt Term Loan to Mixlab

Bridge Bank’s Boston-based technology banking group issued a venture debt term loan of $6 million to Mixlab, a pet pharmacy company.

December 3, 2021 Bridge Bank | Darren Gastrock | Fred Dijols | Mixlab | Roger Klarmann Ian Koplin

Bridge Bank Provides Funding to ShipHawk

Bridge Bank’s technology banking group provided funding to ShipHawk, a packing and shipping software company based in Santa Barbara, CA. The funding commitment includes venture debt and a recurring revenue line of credit.

December 2, 2021 Bridge Bank | Roger Klarmann | ShipHawk Ian Koplin

Bridge Bank Provides $4MM A/R-Based Line of Credit to Ride Health

Bridge Bank issued a $4 million accounts receivable-based line of credit to Ride Health, a New York City-based healthcare technology and services company focused on patient transportation. Ride Health will use the line of credit to support working capital needs.

November 12, 2021 Bridge Bank | Imran Cronk | Ride Health | Roger Klarmann Ian Koplin