Access to capital is essential to a company’s growth. However, sometimes the need to grow can hinder a company’s ability to meet traditional borrowing requirements. Bridge Bank can help by providing you access to additional working capital when you need it most. Bridge Bank serves a wide range of industries in all phases of their life cycle – from startup to later-stage established companies. It is our goal to help you maximize cash flow to increase your financial strength and flexibility. We offer customized banking solutions created specifically to help our business clients prosper.
Capital Finance Services Include:Invoice Financing
An invoice financing line of credit is a flexible lending program that provides access to working capital for companies experiencing sales growth, mergers, acquisitions, “turn-around” situations, or having difficulty qualifying for traditional bank financing. Invoice financing solutions offer flexible advance rates against collateral.
- No financial covenants
- Less reporting requirements
- Funding only when needed
- Competitive pricing
- Quick turn-around
Asset-Based Lending – A/R and Inventory
An asset-based line of credit provides working capital based upon your balance sheet assets. Asset-based loans offer more covenant flexibility than traditional financing.
Competitive advance rates, straightforward borrowing base that may include/allow:
- Government A/R
- Foreign A/R
- Extended terms
- Flexible financing covenants
Vendor Assurance Program
Bridge Bank’s Vendor Assurance Program (“VAP”) develops and provides financial solutions to equipment manufacturers, distributors, and dealers with their end-users. VAP streamlines your trade payables process and improves your company’s ability to obtain trade lines of credit.
Purchase Order Financing
Bridge Bank’s Purchase Order (“PO”) Financing develops and provides financial solutions to enable clients to secure inventory and fulfill customer orders.
VIEW OUR Capital Finance Brochure (PDF)
- Financing for speculative residential construction
- Multi unit residential projects
- Land acquisition and development
- Owner occupied and leased investment commercial construction
- Acquisition loans for owner occupied and leased investment properties
- Refinancing of commercial buildings
- Multifamily acquisition and refinancing
Lending Services Include:Lines of Credit
Formula Line of Credit
A formula line of credit is designed to supplement a borrower’s cash flow 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 that meets 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 cancelling cards as needed.
Equipment financing can be used to purchase new equipment or to refinance existing debt.
Acquisition financing provides funds to purchase or merge with a competitor’s business. These funds allow for the financing that supports the buyout 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.
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 is customized for each borrower. These facilities are secured by your deposits and investments held at Bridge Bank.
Employee Stock Ownership Plan (ESOP)
An ESOP is a qualified retirement plan. It’s regulated by the Internal Revenue Service and the Department of Labor and came into being with the passage of the Employee Retirement Income Security Act (ERISA) in the 1970s. The regulation is meant to ensure that the ESOP is used for the benefit of employees and that it’s not just a tool where a business owner can sell at an inflated price.
View our ESOP brochure (PDF)
Equity Fund Resources
- Capital Call Lines
- Management Company Flexibility Lines
- Treasury Management Tools
- Other solutions to finance expenses between funds
EFR is led by Michael David, a 20+ year banking veteran who has worked closely with Private Equity investors and the management teams of early- to mid-growth stage tech companies through the U.S. and across all sectors of tech.
View our Equity Fund Resources brochure (PDF)
If you’re looking for a resource and not just a bank, contact Michael at firstname.lastname@example.org or by calling 650.224.8096.
LSG provides term and revolving credit facilities to life sciences companies for a variety of purposes, including growth capital, working capital, refinancing, restructuring, recapitalization, as well as mergers and acquisitions.
LSG offers the following products and services:
Tailored credit solutions, including:
- Term debt
- Revolving lines of credit
- Equipment financing
- Treasury management
- International banking solutions
- Merchant services
- Enabling technology
- Drug discovery
- Surgical devices
- Implantable devices
- Non-invasive devices
- Specialty pharma
- Over-the-counter (OTC)
- Pharma services
View our Life Sciences Group brochure (PDF)
To speak with a banker that understands your unique needs, please contact:
Senior Vice President, Head of Life Sciences
Senior Vice President, Managing Director, Midwest and East Coast
SBA and Commercial Real Estate Lending
SBA Lending Services Include:
- Preferred lender status – SBA approval in 24 hours
- Loans to finance
- Debt restructuring
- Business acquisition
- Equipment purchase
- Permanent working capital
- 90% financing on owner-occupied real estate
- Construction to permanent financing with one loan
- Loans for general use as well as special purpose projects
- Financing available throughout California
Small Business Banking brochure (PDF)
SBA Loan Comparison Sheet : 504 & 7(a) (PDF)
Lending Services Include:Credit Solutions
Working Capital Lines of Credit. This flexible revolving line of credit may be utilized to support increasing assets in a growing company. Lines may be formula-based or non-formula-based depending upon your business needs, and may help conserve cash and improve relationships with suppliers.
Equipment Financing. Bridge Bank provides term loans to finance purchase of equipment, acquisition of product lines or business operations, tenant or leasehold improvements, permanent additions to working capital, and to refinance existing debt.
Bridge Loans. Bridge loans provide short-term working capital that will bridge a company to a well-defined liquidity/equity event.
Growth Capital/Venture Debt. Allows companies to leverage their equity capital while adding “runway,” thereby providing the dual benefit of reduced dilution and the potential to achieve greater step-ups in valuation between equity rounds.
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.
Asset-Based Lending Solutions. In keeping with our mission to accommodate a client’s unique needs, we offer asset-based lending in addition to traditional corporate banking solutions.
Technology Banking brochure (PDF)
- Preserves control and economic upside for investors, founders and employees, and is the least dilutive financing option
- Extends the cash runway of the company and supports the achievement of upcoming value milestones
- Offers a “bridge” between equity rounds - rather than issuing equity to finance upcoming growth, the company may be able to raise equity at a higher valuation after a key milestone has been achieved (thus further minimizing dilution)
- Supplements an existing equity round, allowing venture capital investors the ability to both leverage their investment – and preserve dry powder for future needs of the company
Venture Debt Structure: Characteristics of a Typical Venture Debt Loan
- Par amount – up to $50M or potentially greater with specific lenders and/or syndicates
- Total duration – up to 60 months
- Amortization structure – initial interest-only period up to 36 months, with level amortization thereafter
- Coupon, facility fee, and final payment fee – cost should be evaluated on all-in basis
- Warrants or success fee from 2-4%
- Security – typically a lien on all assets, other than intellectual property; negative pledge on intellectual property (other company-specific structures or carve-outs may be included)
Additionally, companies may be able to arrange lines of credit secured by accounts receivable, inventory, or PP&E.
Bridge Bank is one of only a few commercial lenders who has deep expertise in venture debt lending, and offers the flexibility in terms of deal size, repayment (duration, interest-only period), and cost structures (coupon, fees) that management teams need in order to maintain access to capital throughout the ups and downs of the growth cycle.
Recent NewsBridge Bank Extends $19MM Loan Facility to Riaz CapitalBridge Bank and Tree Line Capital Partners Provide Senior Debt Financing to Support the Recapitalization of Goettl Air Conditioning by Baum Capital PartnersBridge Bank Welcomes Eric Sockol as Senior Vice President, Business Development OfficerBridge Bank Provides Senior Debt Financing to Support the Leveraged Buyout of Trade Supplies, LLC by Sole Source CapitalBridge Bank Welcomes Bob Curley as Chief Credit OfficerBridge Bank Upsizes Capstone Turbine Facility to $15 MillionRestoration Robotics Secures $20 Million Loan and Security Agreement with Solar Capital Ltd. and Bridge BankCytoSorbents Refinances Existing Debt with New $15 Million Debt Facility with Bridge BankBridger acquires Old Mill BrickBIOLASE Secures $6 Million Revolving Line of Credit
Recent InsightsFX Commentary - August 6, 2018FX Commentary - June 18, 2018Don't Get Hooked: How to Spot a Phishing EmailFX Commentary - April 23, 2018FX Commentary - April 16, 2018FX Commentary - March 26, 2018FX Commentary - March 19, 2018FX Commentary - March 12, 2018FX Commentary - March 5, 2018FX Commentary - January 29, 2018
"Faith is taking the first step even when you don't see the whole staircase." ~Martin Luther King Jr. #MLK NOTICE:… twitter.com/i/web/status/1… - yesterdayOur Life Sciences Group will be in San Francisco, during the JP Morgan Healthcare Conference #JPM19, the epicenter… twitter.com/i/web/status/1… - 2 weeks 1 day ago#HappyNewYear! We wish you peace, joy, and prosperity in 2019. NOTICE: All Bridge Bank offices will be closed on J… twitter.com/i/web/status/1… - 3 weeks agoFrom all of us here at Bridge Bank, we wish you a #MerryChristmas! NOTICE: All Bridge Bank offices will close at 3… twitter.com/i/web/status/1… - 4 weeks 1 day agoWe would like to congratulate our client @Vapotherm on their recent IPO announcement. Vapotherm provides noninvasiv… twitter.com/i/web/status/1… - about 1 month 2 weeks agoWe give our thanks to you and your loved ones this #Thanksgiving holiday. NOTICE: All Bridge Bank offices will be… twitter.com/i/web/status/1… - about 1 month 4 weeks agoHonoring all who have served. We thank you. pic.twitter.com/aEmnInoP9HIn less than two weeks, we’ll be joining the more than 900 tech enthusiasts, entrepreneurs, premiere investors and… twitter.com/i/web/status/1… - about 3 months 2 weeks ago@HiddenGeniusPro we were very excited to be a part of this celebration. Thank you for the opportunity! twitter.com/HiddenGeniusPr… - about 3 months 2 weeks agoIt’s time for the puck drop! Wishing the @SanJoseSharks another terrific season in tonight’s home opener. Let’s go #Sharks!"Our business customers are looking to grow. And Western Alliance is right there with them with increased capital a… twitter.com/i/web/status/1… - about 3 months 2 weeks agoOur Capital Finance Group is excited to share that our client, Targeted Lease Capital, LLC., experts in equipment f… twitter.com/i/web/status/1… - about 3 months 3 weeks ago"The way we structure our credits is a point of pride in how we do business. It's part of why our customers see us… twitter.com/i/web/status/1… - about 3 months 3 weeks agoWe understand that no two businesses are exactly alike. That's why Western Alliance bankers tap a sophisticated sui… twitter.com/i/web/status/1… - about 4 months agoAll of us at Bridge Bank wish the @SanJoseSharks a great preseason game tonight against the Anaheim Ducks!Your friends at Bridge Bank wish everyone a safe and wonderful #LaborDay! REMINDER: In observance of the holiday,… twitter.com/i/web/status/1… - about 4 months 2 weeks agoOur #LifeSciences team is delighted to share its most recent transaction with @OmniGuide, a manufacturer of advance… twitter.com/i/web/status/1… - about 4 months 3 weeks agoBridge Bank is a proud sponsor of the @EastBayHaasAlum. Tonight they host their Annual Party welcoming new… twitter.com/i/web/status/1… - about 4 months 4 weeks ago"We know our clients and this market, and what's motivating this management team to innovate and persevere just add… twitter.com/i/web/status/1… - about 5 months 5 days agoWe are proud to support @Rhythmix1 as a sponsor of their Pour Your heART Out Benefit for the Arts Celebration takin… twitter.com/i/web/status/1… - about 5 months 1 week agoMarkets look to remaining monthly data amidst trade disputes. westernalliancebancorporation.com/bridge-bank-ho… - about 5 months 1 week agoWe are proud to sponsor the @LosAltosChamber 29th Annual Golf Tournament today. We hope all of the golfers particip… twitter.com/i/web/status/1… - about 5 months 2 weeks agoLifting up our communities is important to the people of Western Alliance. We live this value in many ways, startin… twitter.com/i/web/status/1… - about 5 months 2 weeks agoStarting from scratch in 2006, @RevolutionFoods has grown to now serve two million healthy meals per week in 1,000+… twitter.com/i/web/status/1… - about 5 months 2 weeks ago"Revolution Foods is a perfect example of a client that came to us early in the company's life cycle, and we have c… twitter.com/i/web/status/1… - about 5 months 3 weeks agoTomorrow night, Dale Marie Golden of @bridgebank will be speaking at the Oakland Empowerment Scholarship & Mentorin… twitter.com/i/web/status/1… - about 6 months 2 days agoOur #LifeSciences group recently helped @RareCyte, a #biotechnology company working to advance the boundaries of bi… twitter.com/i/web/status/1… - about 6 months 3 days agoBridge Bank is a division of Western Alliance Bank. Western Alliance was named #2 on the Forbes 2018 Best Banks in… twitter.com/i/web/status/1… - about 6 months 4 days agoBridge Bank is excited to be sponsoring the return of #PACTcapcon on Sept 26! twitter.com/PhilaPACT/stat… - about 6 months 6 days agoOur #LifeSciences Group is pleased to announce their recently funded deal with @abscibio, a #biomanufacturing compa… twitter.com/i/web/status/1… - about 6 months 2 weeks agoHappy birthday, #America! Your friends at Bridge Bank wish everyone a safe and joyous celebration! REMINDER: In o… twitter.com/i/web/status/1… - about 6 months 2 weeks agoOur #LifeSciences Group is pleased to announce their latest deal with @ardelyx, a #biotechnology company committed… twitter.com/i/web/status/1… - about 6 months 3 weeks ago#Dollar rallies to 11 month highs on rising interest rates and #EconomicGrowth westernalliancebancorporation.com/bridge-bank-ho… - about 7 months agoOur #LifeSciences Group is excited to announce their most recent transaction with @ARTASHair, offering the first an… twitter.com/i/web/status/1… - about 7 months 1 day agoDid you know? Bernard J. Cigrand is considered to be the “Father of Flag Day.” In 1885, he organized a group of sch… twitter.com/i/web/status/1… - about 7 months 1 week ago