Finance - Bridge Finance Group


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Bridge Finance Group Provides $5.0 Million Revolving Line Of Credit To Royce, Inc.

Chicago, IL – May 8, 2006 - Bridge Finance Group today announced the completion of a $5.0 million revolving line of credit to Royce, Inc., an operator of sub prime auto dealerships with locations in Indiana and Illinois. The financing allow Royce to refinance its existing lender and provide the capital necessary to grow their business.

"This financing will allow for expansion and will provide us with the working capital that we need to continue to grow the business," said Dan Skiba, President. "BFG took the time to understand our business and was able to close a facility which will allow our success in an expanding marketplace."

"Royce is a strong operator within their market. Their management depth and experience will allow them to be well positioned to take advantage of additional opportunities within the industry" said Randy Abrahams, President and Chief Executive Officer of Bridge Finance Group.

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 healthcare 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 the healthcare industry. Bridge is based in Chicago, Illinois with offices in the Northeast and Southern California.

Bridge Finance Group was formed with a single goal in mind – to help businesses grow the right way. Because we accomplish our goal only when you accomplish yours, our focus is on addressing your needs in a way that provide you with peace of mind.

Of course, many companies claim to be customer centered. So what makes us different?

Bridge Finance Group believes strongly in actively contributing to its community. Through Bridge Charities, we participate in activities that both raise funds and promote awareness for organizations.