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 specializes in providing banking services to a wide range of industries, including software, technology, staffing, hardware, manufacturing, and more in all phases of their life cycle – from startups to larger, public companies. It is our goal to help you maximize cash flow to increase your financial strength and flexibility. We offer customized financial solutions created specifically to help our business clients prosper.
Our Solutions Include:
- Revolving lines of credit and working capital
- Interational banking services
- Treasury management
- Growth capital
- Term loans
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:
- Acquisition financing
- Extended terms accounts receivable ("A/R")
- Foreign A/R
- Government A/R
- Inventory/equipment financing
- Vendor credit to improve availability
- Supply chain management tools
An invoice financing line of credit is a flexible lending program that provides access to working capital for companies experiencing sales growth, mergers, acquisitions, "turnaround" situations, or having difficulty qualifying for traditional bank financing.
Our Vendor Assurance Program (“VAP”) develops and provides financial solutions to equipment manufacturers, distributors, and dealers. VAP streamlines your trade payables process and improves your company’s ability to obtain trade lines of credit.
Purchase Order Financing
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 Guy Simpson, a 20+ year banking veteran with tech lending experience working with raw startups and banking private equity and venture capital funds in Silicon Valley and other innovation centers throughout the U.S.
View our Equity Fund Resources brochure (PDF)
If you’re looking for a resource and not just a bank, contact Guy at firstname.lastname@example.org or by calling (703) 345-9308.
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
Learn More About our Life Sciences Group
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
SBA Disaster Loans
The U.S. Small Business Administration has made available resources including targeted, low-interest federal loans for small businesses and nonprofits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses in eligible areas working capital loans of up to $2 million.
Visit the SBA website to learn more about the Economic Injury Disaster Loan program, view eligible areas, or to apply online.
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 $10MM Senior Loan to AuraBridge Bank's Life Sciences Group Expands in San Francisco Bay Area, Hires Derek ScalfBridge Bank Extends $4MM Credit Facility to H Code Media, Inc.Lauren Cosentino to Lead New Business Growth in the Southeast, Mid-Atlantic and Midwest Regions for Bridge Bank's Life Sciences GroupBridge Bank Extends $4MM Senior Debt Facility to Factor 75 LLCBridge Bank Welcomes Westin Brake to its Equity Fund Resources GroupBridge Bank Extends $10MM Growth Capital Term Loan to ZipariBridge Bank's Life Sciences Group Expands in Boston, Hires Alex AugustynBridge Bank Welcomes Ryan Dammeyer as Region Leader, Technology Banking GroupBridge Bank Upsizes Digital Turbine Credit Line to $20MM
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Bridge Bank is a proud sponsor of #FVCC2020, Florida’s largest statewide #VentureCapital Conference. pic.twitter.com/9l2lOPceVROur #LifeSciences Group helped @alluriontech create a customized #financialsolution to support their rapid growth. Allurion Technologies is a #medicaldevice company and creator of the Elipse™ Balloon, a breakthrough product in weight-loss technology. pic.twitter.com/OS96djwOA8Our Life Sciences Group welcomes Derek Scalf. Also, find out how to meet with our entire team during #JPM2020 westernalliancebancorporation.com/bridge-bank-ho… - about 2 months 3 weeks agoWe wish you peace, joy, and prosperity in the new year! #happynewyear2020 NOTICE: All Bridge Bank offices will be closed on Wednesday, January 1st in observance of New Year's Day. pic.twitter.com/B8efpD0GlQREMINDER: In observance of Christmas Day, all Bridge Bank offices will be closed beginning at 3 pm on Christmas Eve and remain closed through Christmas Day. pic.twitter.com/TIP2gGLliHOur Southern California Capital Finance Group is proud to announce their most recent relationship with H Code Media, Inc., the leading technology platform offering a full suite of integrated marketing and media solutions for the U.S. Hispanic market. pic.twitter.com/n9NyyS7odbBridge Bank extends $4MM credit facility to H Code Media, Inc., the leading technology platform offering a full suite of integrated marketing and media solutions for the U.S. Hispanic market. westernalliancebancorporation.com/bridge-bank-ho… - about 3 months 1 week agoWe honor all of the men and women who have served. Thank you. #VeteransDay pic.twitter.com/EpGp17Q39kThankfully #technology works its magic on our electronic devices. We wish you the best of luck changing the clock on your microwave! #daylightsavings pic.twitter.com/9VVKbEyeYgOur Technology Banking Group is proud to announce their most recent deal with Zipari, a growth-stage #technologycompany that offers the first and only consumer experience platform built specifically for #healthinsurance. pic.twitter.com/ImSLIn2TW5Bridge Bank Extends $10MM Growth Capital Term Loan to Zipari prnewswire.com/news-releases/… - about 5 months 1 day agoWe wish everyone a fun and relaxing #LaborDay holiday weekend. REMINDER: In observance of Labor Day, all Bridge Bank offices will be closed on Monday, September 2nd. pic.twitter.com/OscfoI61Q4Our Life Sciences group is pleased to announce that Innovative Health has upsized their credit facility to $9MM. Innovative Health is committed to helping #healthcare realize the potential of medical device #reprocessing, enabling hospitals to provide better care through savings. pic.twitter.com/bMFiLdLyyMHappy birthday, #America! Your friends at Bridge Bank wish everyone a safe and joyous celebration. REMINDER: In observance of #IndependenceDay2019, our offices will be closed on Thursday, July 4. pic.twitter.com/twQjmCVei1We would like to congratulate our client, @KIXEYE , on their recent acquisition by Stillfront. Kixeye is a leading gaming developer that makes games for gamers by gamers. Their hit titles include Battle Pirates, War Commander, and VEGA Conflict. pic.twitter.com/9RpoQ7zL13This Memorial Day, we honor and remember those who lost their lives while serving our country. REMINDER: In observance of Memorial Day, our offices will be closed on Monday, May 27. pic.twitter.com/QNA7r5hpv4We are beaming with pride in recognizing this amazing accomplishment of our client, Jessie Wooley-Wilson, CEO of @DreamBox_Learn. Congratulations, @jessieww, on winning the Big Tech CEO of the Year Award at the 2019 GeekWire Awards! #DreamBox youtu.be/WRHuuyPSAfg - about 10 months 3 weeks agoOur Technology banking group is pleased to announce their latest banking relationship with Touch of Modern, the leading e-commerce app for men to discover cutting edge products, and named one of the 500 fastest growing companies in America by the Inc. 5000 two years in a row. pic.twitter.com/4HfbJVYJaZOur technology banking group is pleased to announce their latest client relationship with @humanyze, a company that has used breakthroughs in #datascience, #AI, and #machinelearning and built organizational metrics and an analytics software platform for global 1000 companies. pic.twitter.com/zayjjFTcX3“We would like to #congratulate our client, @geteero , on their recent acquisition by @amazon. @geteero is the company that built the first home Wi-Fi system to blanket your home in fast, secure, and reliable Wi-Fi.” pic.twitter.com/Mr9NkHNnHJBridge Bank is a proud sponsor of this week’s #WomensPESummit (Mar. 13-15), which will be bringing together over 550 #privateequity and #venturecapitalists for powerful discussions and uninterrupted networking.NOTICE: All Bridge Bank offices will be closed on Monday, February 18 in observance of #PresidentsDay pic.twitter.com/TDy6fglKMF“Our Life Sciences Group is pleased to announce their latest transaction with @VeranMedical. Veran helps doctors in the early detection of lung cancer and provides precision guidance to deliver potentially lifesaving therapy.” pic.twitter.com/kdE4kjlsYk"Faith is taking the first step even when you don't see the whole staircase." ~Martin Luther King Jr. #MLK NOTICE: All Bridge Bank offices will be closed on Monday, January 21st in observance of Martin Luther King Jr. Day. pic.twitter.com/iLTBf6IuxeOur Life Sciences Group will be in San Francisco, during the JP Morgan Healthcare Conference #JPM19, the epicenter of where healthcare kicks off and sets the tone for the year. To learn more about how we help the life sciences community, visit bridgebank.com/lifesciences - about 1 year 2 months ago#HappyNewYear! We wish you peace, joy, and prosperity in 2019. NOTICE: All Bridge Bank offices will be closed on January 1st in observance of New Year's Day. pic.twitter.com/rMJXOSDmMdFrom all of us here at Bridge Bank, we wish you a #MerryChristmas! NOTICE: All Bridge Bank offices will close at 3 p.m. on December 24th and remain closed through December 25th in observance of Christmas. pic.twitter.com/yVBCqUGnqSWe would like to congratulate our client @Vapotherm on their recent IPO announcement. Vapotherm provides noninvasive ventilatory support to treat patients of all ages suffering from respiratory distress. They are currently listed on the #NYSE under “VAPO.”