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Bridge Finance Group Provides $8.5mm Growth Financing To Family Private Care, Inc. CHICAGO – JANUARY 2, 2007 - Bridge Finance Group today announced the completion of a $3.0 million revolving line of credit and a $5.5 million term loan to Family Private Care, Inc. The company is a State-licensed Registry specializing in the placement of nurses, nurse aids, and companions to clients in homes, hospitals or assisted living facilities. Family Private Care, Inc. is headquartered in Hobe Sound, Florida. “Family Private Care, Inc. has a solid history with consistent revenue growth. With this financing the Company will be poised to continue to grow into the future,” said Randy Abrahams, President and Chief Executive Officer of Bridge Finance Group. “Bridge Finance Group was a pleasure to work with. We believe that this relationship will provide us the working capital necessary to continue to add new business,” said Keren Snyder, President of Family Private Care, Inc.ABOUT BRIDGE FINANCE GROUP Bridge Finance Group offers a combination of comprehensive loan products, decades of financial expertise and an unparalleled service approach unique to the lending industry. Through accounts receivable, cash flow and real estate based term loan lending products, Bridge is able to address the differing capital needs of its customers. Bridge is based in Chicago, Illinois with offices in the Northeast, Southeast, and West Coast. Contact: Amanda Bowser, Marketing Associate |
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