Quick Bridge Funding, a privately-held financial services firm, announced its move to new headquarters in Market Place Center. Previously located in Orange, the company has increased its physical footprint to 17,000 square feet in Irvine, California. In addition Quick Bridge Funding opened an East Coast satellite office in New York City.
As one of the country’s leading alternative lending providers, Quick Bridge provides a variety of working capital and short-term financing products for small to medium-sized businesses. The Orange County Business Journal recognized Quick Bridge Funding as the fastest growing mid-sized company in 2014. The firm currently employs 94 with plans to expand its workforce.
“We’re thrilled with the growth and expansion of Quick Bridge Funding. It’s an exciting time to be in the business-to-business alternative lending space, and we’re working hard to stay ahead of our industry’s strong growth curve,” said President Ben Gold. “The additional space will allow us to continue to invest in our people and technology infrastructure.”
In Harvard Business School’s 2014 State of Small Business Lending paper, analysts explained how technological advances are boosting the momentum of alternative lenders. As a result, ease of use and fast turnaround has improved significantly in the past 12-18 months. These developments combined with better customer service led alternative lenders to double their portfolios annually and lift smaller businesses by funding their needs for growth. Quick Bridge Funding works exclusively through a trusted network of professional sales organizations. Many of these organizations are located in the New York City metro area and in an effort to better serve these relationships, Quick Bridge Funding has opened a satellite office in New York City.
“The NYC expansion will allow us to have additional exposure and contact with these partners. The entire foundation of our business is built upon these relationships and how efficiently and professionally we can deliver timely service,” said Vice President Jason Osiecki. With their expansion, Quick Bridge Funding is refining its business models in ways that yield flexibility and profitability to promising small businesses.