RESTON, VA – Blue Bridge Financial, Inc. (Blue Bridge) a leading independent commercial equipment finance company, announced the successful extension and upsize of its corporate notes to $23.0 million. Blue Bridge will use the additional capital to support ongoing growth and for general corporate purposes.
Brean Capital, LLC served as the Company’s exclusive financial advisor and sole placement agent in connection with the transaction.
Since its founding in 2009, Blue Bridge has funded more than $600 million to over 9,000 small and medium-sized businesses across 30+ 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.”
Blue Bridge Financial, Inc. is an equipment finance company with decades of leadership and industry experience. They are a leading provider of commercial financing solutions for small to medium-sized business borrowers as well as manufacturers, vendors, and distributors of commercial equipment. The Company is headquartered in Reston, Virginia, with an additional office in Irvine, CA. To learn more about Blue Bridge, visit: https://bluebridgefinancial.com/
Brean Capital’s Investment Banking Group is dedicated to helping its clients achieve their strategic and financial goals. For more than 50 years, the Firm has specialized in providing capital raising, M&A and financial advisory services to middle market businesses. Throughout its history, Brean Capital has established a track record of providing its clients with deep market knowledge, commitment and experience to ensure a successful transaction. For more information, please visit: www.breancapital.com/InvestmentBanking.