Bridge Bank's Asset-Based Lending Boosts Capacity With New Hires
Bridge Bank today announced a significant expansion of its growing asset-based lending team, part of the bank's Capital Finance Group.
Seven recent hires support the ongoing buildout of monitoring support for the Capital Finance Group, which serves clients nationwide. The new team members are based in Boston, Phoenix and Southern California.
For companies across the economy and across the country, Bridge Bank's Capital Finance Group offers a range of asset-based and factoring solutions to provide lines of credit and working capital secured by options including accounts receivable, inventory and invoice financing. The lending group's expertise supports companies experiencing unusual market conditions that might make traditional covenants and credit structures a poor fit for their financing needs.
Joining Bridge Bank are:
About Bridge Bank
Bridge Bank, a division of Western Alliance Bank, Member FDIC, delivers relationship banking that puts clients at the center of everything. Founded in 2001 in Silicon Valley, Bridge Bank offers a full spectrum of tailored business banking solutions throughout the Bay Area and has specialized expertise, focused on life sciences and technology and innovation companies, at every stage in their life cycle, through its offices in major tech hubs across the country. Bridge Bank also serves the private equity and venture capital communities. Part of top-performing Western Alliance Bancorporation, with more than $65 billion in assets, Bridge Bank has the reach, resources and deep industry knowledge that make a difference for customers. For more information, visit Bridge Bank.