Bridge Provides Equipment Guidance Line to Hunter Technology
DEC 5, 2014 - 7:17 am
Bridge Bank announced it closed $8 million in financing in the form of a line of credit and an equipment guidance line to purchase new manufacturing equipment and support working capital needs to Hunter Technology, a provider of electronic design and manufacturing services for defense/aerospace, networking/telecom, and medical customers.
“When Hunter Technology came to us for additional financing, we were able to customize their loan structure to fit their rapid growth and additional equipment financing needs,” said Rory Hanley, relationship manager in Bridge Bank’s Corporate Banking Team. “We worked closely with Hunter Technology to fund their previous two acquisitions and are thrilled to provide further funding that will allow them to continue on their impressive growth path,” he added.
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