Western Alliance said it completed its merger with Bridge Capital Holdings. The combined company has about $13 billion in assets and banking divisions based in CA, AZ and NV.
Bridge Capital Holdings provided a combination of credit facilities and working capital advances totaling $20 million to HotSchedules (fdba Red Book Connect).
Bridge Capital entered into a line of credit agreement with Webster Business Credit. The new line of credit will replace the $7 million line of credit the company has with Sterling National Bank.
Bridge Capital Holdings provided Hunter Technology with $8 million in financing in the form of a credit line and an equipment guidance line to purchase new manufacturing equipment and support working capital needs.