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Blue Bridge Financial Extends Senior Credit Facility with Fifth Third Bank

October 09, 2020, 07:15 AM
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Topic: Industry News

Blue Bridge Financial, LLC, an independent commercial equipment finance company, announced the closing of a one-year extension of its $20 million revolving credit facility with Fifth Third Bank, National Association.

“We are very pleased to extend our relationship with Fifth Third to continue to provide us with access to capital at a critical time when small businesses nationwide need funding as the economy reopens,” said Steve Dervenis, CEO of Blue Bridge. “This extension along with the previously announced corporate note extension ensures that Blue Bridge will continue to be a key source of capital for small businesses in need of equipment finance.”

Blue Bridge Financial is a specialty finance company and provider of commercial financing solutions for small business borrowers as well as manufacturers, vendors and distributors of commercial equipment and inventory. The company is headquartered in Reston, VA, with offices in Buffalo, NY.

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