Bridge Bank Extends $10MM Term Loan to Zipari

Bridge Bank has extended a $10 million growth capital term loan to Zipari, a growth-stage technology company.

Bridge Bank Upsizes CytoSorbents Term Loan

CytoSorbents has received an additional $5 million in cash through an amended loan agreement with Bridge Bank’s Life Sciences Group.

Bridge Bank Expands to Chicago, Taps Dammeyer as NE Region Leader

Bridge Bank hired Ryan Dammeyer as region leader in its Technology Banking group and plans to open a new regional office in Chicago.

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.