Bridge Bank Extends Credit Facility to YES Leasing
MAY 29, 2020 - 7:05 am
Bridge Bank has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging credit situations and unique circumstances.
The Miami-based company, established in 1975, is a funding source for small businesses, entrepreneurs, vendors and equipment brokers throughout the country. The new credit facility will provide additional capacity to support the ongoing growth of YES Leasing’s portfolio.
“Bridge Bank took the time to understand our particular business,” said Quade Koffler, chief operating officer of YES Leasing. “They understand the equipment leasing industry and our specialty finance niche. We have a high level of confidence with them.”
“We are proud to partner with YES Leasing by giving them access to the specialized credit facility they needed to support their ongoing growth,” said Justin Vogel, senior vice president in Bridge Bank’s Southern California Capital Finance banking group. “We look forward to a strong relationship and being a part of their continued success.”
It happens all the time. You finance a customer’s acquisition of equipment and the customer subleases the equipment. While there is nothing inherently wrong with such arrangements, several potential issues arise which, if not carefully addressed, could expose a finance... read more
Neurodiversity is often invisible. What, exactly, is it? And why should companies care about it? “If you look at humanity, neurodiversity is functional and necessary,” Ludmila N. Praslova, Ph.D., professor and director of Research with Graduate Programs in Industrial/Organizational Psychology... read more