Tag : Bridge Bank

Bridge Bank Supports Gooten’s Growth With $3.5 Million Venture Debt Term Loan
Fintech Investments News

Bridge Bank closes $3.5 Million venture debt term loan with Gooten

Business Wire
by Business Wire0
Bridge Bank announced that its Technology Banking Group closed a $3.5 million venture debt term loan with Gooten, a leading technology and fulfillment company based in New York. Gooten will use the funds for continued growth and expansion. “We believe in supporting ventures that contribute to the overall economic landscape,......
Bridge Bank Provides $3 Million Credit Facility to Help Innovative Lease Services Grow Portfolio
Banking Finance News

Bridge Bank Provides $3 Million Credit Facility to Help Innovative Lease Services Grow Portfolio

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced its Capital Finance Group has closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS) plans to use the funding to help grow its lease portfolio. “We are pleased that......
Senior-Level Hires Strengthen Bridge Bank’s Growing Technology Banking Group
Banking News

Senior-Level Hires Strengthen Bridge Bank’s Growing Technology Banking Group

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced that its Technology Banking Group has recently hired six senior-level team members who will work in technology hubs across the Western United States as part of the team’s ongoing expansion. “Innovative technology startups enter the market on a seemingly daily basis, and we are honored that new......
CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement
debt collection Finance News

CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement

Fintech News Desk
by Fintech News Desk0
Non-dilutive debt capital at market favorable terms strengthens the balance sheet and provides additional working capital to fund key clinical and commercial initiatives CytoSorbents Corporation, a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via its proprietary polymer adsorption technology,......
Bridge Bank Adds Benefits for Startup Banking Clients, Including High-Yield Money Market Account
Banking News

Bridge Bank Adds Benefits for Startup Banking Clients, Including High-Yield Money Market Account

Fintech News Desk
by Fintech News Desk0
Pre-seed and seed-stage companies can receive up to 3.00% interest rate (3.04% APY) or $1,000 bonus Bridge Bank is adding even more benefits for Startup Banking clients with a new Bridge to Growth Money Market Account featuring a 3.00% interest rate (3.04% APY) and a $1,000 bonus for new Bridge......
Bridge Bank Provides $15 Million Annual Recurring Revenue Line of Credit to Support EliseAI’s Growth
Banking News

Bridge Bank Provides $15 Million Annual Recurring Revenue Line of Credit to Support EliseAI Growth

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced that its Technology Banking Group has closed a $15 million line of credit for EliseAI, a New York City-based technology company dedicated to building the world’s most advanced conversational artificial intelligence platform with an initial focus on rental housing. Latest Fintech News: Breaking Wave, Deutsche Bank’s Innovative Fintech,......
Bridge Bank Provides $7 Million in Venture Debt to Appcues
Banking News

Bridge Bank Provides $7 Million in Venture Debt to Appcues

Fintech News Desk
by Fintech News Desk0
Venture Debt Funding Follows Company’s $32.1 Million Series B Round Bridge Bank announced its Technology Banking Group has provided $7 million in venture debt to Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them. The deal was led by Brendan Carr and Michael......
Bridge Bank Hires Dave Bhagat as Senior Managing Director, International Banking Group
Banking News

Bridge Bank Hires Dave Bhagat as Senior Managing Director, International Banking Group

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced the hiring of Dave Bhagat as senior managing director of the International Banking Group. In his new role, Bhagat will manage the foreign exchange sales and trading team, the trade finance and EXIM team, and correspondent banking and multi-currency accounts; lead the development of new FX and interest......
Bridge Bank Provides Strategic Funding to ShipHaw
Banking Fintech News

Bridge Bank Provides Strategic Funding to ShipHaw

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced its Technology Banking Group has provided strategic funding to ShipHawk, which provides advanced fulfillment software with expert guidance for high-volume retail, wholesale and e-commerce companies. Latest Fintech Insights: NextPlay’s NextFin Division Receives Conditional License Approval for Insurance and Re-Insurance Offerings The funding commitment includes venture debt and a......
Bridge Bank Issues $4 Million Line of Credit to Ride Health
Banking News

Bridge Bank Issues $4 Million Line of Credit to Ride Health

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced that it has issued an accounts receivable-based $4 million line of credit to Ride Health, a New York City-based healthcare technology and services company focused on patient transportation. The line of credit will be used to support working capital needs. “Bridge Bank works with many innovative companies like Ride......
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