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Bridge Finance Group Provides $2.5 Million Financing To Help Basic Comfort, Inc. Fund Growth CHICAGO, IL – FEBRUARY 7, 2007 - Bridge Finance Group today announced the completion of a $2.5 million revolving line of credit to Basic Comfort, Inc. Basic Comfort is a manufacturer and distributor of soft-good baby products and has been in business since 1989. The company is headquartered in Denver, CO. “This financing will provide us with sufficient working capital to accommodate our increasing orders” said John Lord, President. “Bridge Finance Group was diligent in every aspect of the funding process.” “The financing will allow Basic Comfort to expand the business as the new facility will provide working capital to fund growth” said Randy Abrahams, President and Chief Executive Officer of Bridge Finance Group. “Bridge is very pleased to be a part of Basic Comfort’s future.” The transaction was initiated and structured in conjunction with Fordham Financial located in Chicago, IL.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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