Quick Bridge Funding Secures $35 Million Credit Facility
Orange, CA (PRWEB) June 16, 2014 -- Quick Bridge Funding, a privately-held financial services firm, recently closed a $35 million credit facility with a Southern California bank. The financing will be used to expand Quick Bridge Funding’s short-term working capital loan programs.
Quick Bridge Funding provides short-term term working capital and debt solutions for small to medium-size businesses nationwide. Founded in 2011, Quick Bridge Funding attributes its strong portfolio performance and growth in loan originations to the mutually beneficial relationships it has established with its third party broker partners. Working capital loans are often time sensitive, and the firm is able to fund close to all Standard Industrial Classification (SIC) and North American Industry Classification (NAICS) code businesses in all 50 states.
Quick Bridge Funding offers customers fast funding – often same day. Loan terms average from four to 10 months with a business making automated fixed daily payments based on its cash flow and daily bank balance. Quick Bridge Funding is able to provide working capital funds based on its strong capitalization, business-to-business lending experience, efficient operations, and advanced technical platform.
“This financing commitment will allow us to continue to expand our loan funding services to more broker partners and customers,” said Quick Bridge Funding President, Ben Gold. “Whether a business needs cash to purchase inventory, support expansion or bridge seasonality, our working capital programs meet their immediate needs.”
For more information on Quick Bridge Funding call (888) 233-9085 or visit http://www.quickbridgefunding.com.
About Quick Bridge Funding
Quick Bridge Funding is a privately-held financial services firm headquartered in Orange County, California. It provides a diverse variety of working capital and short-term debt financing products for small to mid-sized businesses nationwide. Launched in 2011 Quick Bridge Funding differentiates itself from traditional lending sources by evaluating a business’ cash flow versus credit. It prides itself on its ability to quickly and efficiently fund and close transactions. The firm has grown from two to 56 employees – from 1,000 square feet to 10,000 square feet of office space. Experience, technical knowledge, strong capitalization and creativity make it possible for Quick Bridge Funding to help small to medium-size businesses achieve the American Dream. Visit http://www.quickbridgefunding.com.
Susan Almon-Pesch, For Quick Bridge Funding, +1 858-205-0516, [email protected]
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