Blue Bridge Financial Extends Senior Credit Facility with DZ BANK
Retrieved on:
Tuesday, January 30, 2024
RESTON, Va., Jan. 30, 2024 /PRNewswire/ -- Blue Bridge Financial, Inc. ("Blue Bridge" or the "Company"), a leading independent commercial equipment finance company, announced the closing of a one-year extension of its $135 million revolving credit facility with DZ BANK.
Key Points:
- RESTON, Va., Jan. 30, 2024 /PRNewswire/ -- Blue Bridge Financial, Inc. ("Blue Bridge" or the "Company"), a leading independent commercial equipment finance company, announced the closing of a one-year extension of its $135 million revolving credit facility with DZ BANK.
- "On the heels of Blue Bridge's inaugural ABS transaction, we are excited to facilitate the next phase of Blue Bridge's growth" said Cedric F. Probst, SVP at DZ BANK.
- Blue Bridge Financial is a specialty equipment finance firm providing small and medium-sized businesses with secured loans for revenue-producing, essential-use equipment.
- DZ BANK is the second largest bank in Germany and acts as central bank for approximately 700 cooperative banks in Germany.