Blue Bridge Money Announces Up-Sizing of Corporate Notes to $15. Million
2 min readBlue Bridge Money, LLC announces incremental funds raise of existing company notes to $15. Million.
RESTON, Va. (PRWEB) January 05, 2021
Blue Bridge Fiscal, LLC (“Blue Bridge”), a primary impartial industrial tools finance enterprise, declared the up-sizing of its current corporate notes to $15. million. This incremental cash increase follows the firm’s previously announced three-year extension of its company notes and a person-12 months extension of its revolving credit rating facility. Proceeds from this transaction will be made use of to leverage the company’s credit rating amenities and assistance the ongoing growth of the Blue Bridge financing platform. “The up-sizing of our corporate notes is a strong endorsement of the steadiness and results of our company in a hard surroundings and of our mission to rework the way enterprises access money,” stated Steve Dervenis, CEO of Blue Bridge. “With this added funding and our existing credit services, we are very well positioned to support our clients’ funding requires and expansion in the new year.” Brean Funds, LLC served as the Company’s distinctive Advisor and Placement Agent for the notes.
About Blue Bridge Money, LLC
Blue Bridge Financial, LLC is a specialty finance business and main service provider of industrial financing methods for modest business enterprise borrowers as nicely as producers, distributors and distributors of professional devices. The firm is headquartered in Reston, Virginia, with places of work in Buffalo, New York. To find out far more about Blue Bridge Monetary, take a look at http://www.bluebridgefinancial.com or get in touch with 716-204-8467.
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