Bridge Bank Expands InstaMed Credit Facility
InstaMed, a healthcare payments network, expanded its credit facility through a new banking relationship with Bridge Bank.
InstaMed, a healthcare payments network, expanded its credit facility through a new banking relationship with Bridge Bank.
Bridge Bank provided MediaAlpha with a new $20 million credit facility, comprised of a $5 million term loan and $15 million line of credit along with a range of customizable products and services.
Revolution Foods closed a revised accounts receivable line of credit facility with Bridge Bank alongside a venture term loan shared by Bridge Bank and ORIX.
Capstone Turbine entered into two credit and security agreements with Bridge Bank, a division of Western Alliance Bank allowing it to borrow up to $12 million on a revolving basis.
Bridge Bank added former City National Bank executive Greg Dietrick to its San Francisco-based Technology Banking team as senior vice president.
Providence Medical Technology closed a $10.5 million debt agreement with Bridge Bank.
Super G Capital provided a $1.25 million seasonal working capital loan to an education software provider.
Frankly, a leading technology and monetization platform for media companies, entered into a loan and security agreement with Silicon Valley Bank with an initial amount of $1.5 million.
Trupanion, a provider of cat and dog medical insurance, amended its revolving credit facility to increase the maximum borrowing amount from $20 million to $30 million. Bridge Bank joined existing lender Square 1 Bank.
ChromaDex closed a $5 million credit facility with Bridge Bank.