Bridge Bank Provides $2.5MM A/R Facility to UniPixel
UniPixel, a provider of touch solutions to the touchscreen and flexible electronics markets, closed a $2.5 million accounts receivables credit facility with Bridge Bank.
UniPixel, a provider of touch solutions to the touchscreen and flexible electronics markets, closed a $2.5 million accounts receivables credit facility with Bridge Bank.
Bridge Bank has provided a $3 million venture term loan facility to Atlanta-based QASymphony, a technology.
Green Cloud Technologies closed $7.5 million of new financing, consisting of a $5 million senior line of credit with Bridge Bank and $2.5 million of additional equity and sub debt provided by its existing investor base.
CytoSorbents closed on a $10 million senior debt facility with the Life Sciences group of Bridge Bank.
Viveve Medical completed a debt refinancing that includes a new senior secured term loan of $10 million with the Life Sciences Group of Bridge Bank.
SharpSpring signed a loan and security agreement with Bridge Bank for a $2.5 million revolving credit facility.
Quantum Fuel Systems Technologies Worldwide has defaulted as a result of a failure to make a $2.7 million principal payment under the company’s credit facility with Bridge Bank.
Bridge Bank provided Spark Networks with a $10 million revolving credit facility. Spark Networks creates communities that help individuals form life-long relationships.
Bridge Bank said it provided Club W with a $12 million revolving credit facility. Club W is venture-backed by Bessemer Venture Partners, Shining Capital Holdings and Crosscut Venture Partners.
Bridge Bank hired Matthew Klinger as senior vice president, market manager it its Technology Finance group in the Mid-Atlantic region.