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Lending Services Include:
LINES OF CREDIT
Formula Line of Credit
A formula line of credit is designed to supplement a borrower’s
cashflow and is used for a more permanent source of working
capital financing. Advances are tied to the company’s eligible
accounts receivable and inventory. Each facility can be customized
to provide a solution to meet your financial needs.
Non-Formula Line of Credit
A non-formula line of credit is designed to support short-term
working capital needs, such as meeting payroll or taking
advantage of trade discounts. This line of credit requires
a zero balance for a specific period of time on an annual
basis.
Corporate Credit Cards
A line of credit can be established for the purpose of issuing
individual corporate credit cards. This allows for effective
control of corporate purchases, travel and entertainment
expenses and provides management complete flexibility in
issuing and canceling cards as needed.
TERM DEBT
Equipment Financing
Equipment financing can be used to purchase new equipment
or to refinance existing debt.
Acquisition Financing
Acquisition financing provides funds to purchase or merge
with a competitor’s business. These funds allow for the financing
that supports the buy-out of existing owners and shareholders to acquire
control of a company.
REAL ESTATE LOANS
Financing can be used to purchase or refinance owner-occupied commercial real
estate.
HOME EQUITY LINES OF CREDIT
Home Equity Lines of Credit (HELOC) are available to Bridge
Bank clients and are based on the available equity in your
home.
ESOP LOANS
Finance the sale of a company to the employees through an Employee Stock Ownership
Plan.
CASH SECURED FACILITIES
A cash secured loan is designed for business owners needing
to respond quickly to multiple situations and customized
for each borrower. These facilities are secured by your deposits
and investments held at Bridge Bank.
RELATIONSHIP BANKING
At Bridge Bank, we take a team approach to serving our clients
and we will ensure that your full range of business banking
needs are met.
FIND OUT MORE
Please contact one of our Offices, or call 1.866.BRDGBNK (1.866.273.4265).
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