Blue Bridge Financial, an independent commercial equipment finance company, announced the successful extension and upsize of its corporate notes to $23 million. Blue Bridge will use the additional capital to support ongoing growth and for general corporate purposes.
Since its founding in 2009, Blue Bridge has funded more than $600 million to over 9,000 small and medium-sized businesses across 30-plus industries throughout the United States, specializing in secured loans for revenue-producing, essential-use equipment.
“We are extremely pleased with the closing of this transaction,” stated Steve Dervenis, CEO of Blue Bridge. “The continued confidence and support from our institutional investor base validates our growth strategy and strengthens our ability to make a meaningful impact in the lives of small business owners nationwide.”
Brean Capital served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction.
