Finance - Bridge Finance Group


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Bridge Finance Group Provides $4.0 Million Financing To Occmeds Billing Services.

CHICAGO – AUGUST 7, 2006 - Bridge Finance Group today announced the completion of a $4.0 million revolving line of credit to OccMeds Billing Services. OccMeds is in the business of coordinating the dispensing of prescription medications by physicians and pharmacies to worker’s compensation patients. The company is headquartered in Sacramento, California.

“This financing will allow us to accommodate the fulfillment of our growing company” said Rick Orchard, President. “Bridge Finance Group was very professional and efficient throughout the entire process from audit to loan closing.”

“The facility will allow OccMeds to expand the business as it will provide ample working capital to fund growth and we are very glad to be part of its future” 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 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
Bridge Finance Group
312-568-5696

Rick Orchard, President
OccMeds Billing
916-677-2503

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.