How Asset-Based Lending Can Propel Business Growth

How Asset-Based Lending Can Propel Business Growth

In today’s rapidly changing business environment, gaining access to capital is crucial for growth and success. Many businesses, especially small and medium-sized enterprises (SMEs) experiencing rapid growth opportunities can face challenges when it comes to securing financing from traditional lenders. This is where asset-based lending (ABL) offered by Bridge Business Credit provides companies with practical…

Bridge Business Credit Offers Firms Acquisition Financing

Bridge Business Credit Offers Firms Acquisition Financing

As one of the fast-growing services offered to business owners by Bridge Business Credit, acquisition financing is a powerful way for one company to seek and secure funding to purchase another company. In a recent interview, Bridge CEO Rhett B. Rowe discussed the purposes and intricacies of acquisition financing, what companies need to know before…

Bridge Business Credit adds CFO, announces new company promotions

Bridge Business Credit adds CFO, announces new company promotions

TROY, Mich., Jan. 16, 2024 – Bridge Business Credit, one of the nation’s fastest-growing alternative commercial finance companies, today announced the appointment of a new chief financial officer as well as the promotion of three portfolio and underwriting managers. Keith Lidtke was named Chief Financial Officer while Grace Pawlenko was promotedto Senior Managing Director –…

How our field examination process works

How our field examination process works

When applying for a commercial loan, one important step in the process is the due diligence survey conducted by a member of our Bridge Business Credit field examination team. The purpose of the field examination is to provide timely, on-site analysis and verification of the collateral assigned to the lending institution. The field exam illustrates…

Agribusiness Lending Poses Unique Challenges, Opportunities

Agribusiness Lending Poses Unique Challenges, Opportunities

Great Lakes Business Credit CEO Rhett Rowe recently penned an article, “Considerations in Financing Florida-Based Citrus Enterprises,” for December’s “Journal of Corporate Renewal” (JCR), the official publication of the Turnaround Management Association (TMA). The article discusses credit considerations beyond typical collateral issues with respect to perishable inventory, climate and disease impacts, and federal governmental oversight…