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Bridge Finance Group Provides A $9.0 Million Facility To ArborCraft LLC

CHICAGO, IL - Bridge Finance Group announced the completion of a $9.0 million revolving line of credit to ArborCraft LLC.

ArborCraft LLC, headquartered in Johnson City, Tennessee, manufactures hardwood flooring and distributes its products through both wholesale and retail channels. The Company was purchased by New Stream Capital on November 19, 2007.

Matt Galvez, CEO of ArborCraft stated, “Bridge Finance Group understood our business and the potential for expansion and responded quickly to our needs. ArborCraft is positioned with one of the strongest balance sheets in the industry today, positioning the company to grow its markets, support its customers, and develop new products for our customers. It’s an exciting time for ArborCraft and Bridge Finance Group will be a compelling partner, helping us grow the business and provide the highest quality products to our customers.”

“Our expertise of quickly identifying the opportunities in companies and our ability to be flexible with structure allowed us to meet ArborCraft’s needs,” says Randy Abrahams, President 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

  
   
     
  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?

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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.

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