 |
        |
|
Bridge Opportunity Finance Provides $12 Million Facility to Pro Marketing Inc. Chicago, Ill., March 3, 2005 - Bridge Healthcare Finance, through its Opportunity Finance division, today announced the completion of a $10 million revolver and $2 million term loan to Pro Marketing, Inc., a privately held manufacturer’s representative firm headquartered in Alpharetta, Georgia. Pro Marketing, Inc. will hire, train and allocate employees to support new business created by a three-year contract with Home Depot, Inc. Pro Marketing, Inc. provides employees to represent manufacturers within a retail environment. The representatives are responsible for selling the manufacturers products at the point of sale. Jay Hall, chief executive officer of Pro Marketing Inc. said, "With the help of Bridge Healthcare Finance, we can now expand and better align our services with the goals of our clients and solidify longer-term relationships. Bridge was able to help us capture this opportunity by committing a facility in a matter of days.” “This facility allows us to demonstrate our expertise beyond
healthcare finance while building on our philosophy to fund high growth
potential companies,” says Randy Abrahams, President and CEO
of Bridge Healthcare Finance. “It also demonstrates our
ability to move on a transaction in a number of days allowing the company
to create an opportunity that may not have otherwise come to fruition.” |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
