News By Tag
* Us Capital Partners
* Asset Based Lending
* Asset-based Loans
* Bridge Bank
* Small Business Loans
* Jeffrey Sweeney
* More Tags...
News By Place
US Capital Partners Serves as Co-Lender, Arranger of $3.5 Million Credit Facility to Consensus
US Capital Partners announced that it has completed with Bridge Bank a $3.5 million senior secured credit facility to medical products manufacturer.
US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based loans for small- to middle-market companies.
The financing facility will be used for working capital liquidity as well as other general corporate purposes to support the company's continued domestic and international growth. Consensus Orthopedics, Inc. designs, manufactures, markets, and sells orthopedic implant devices worldwide. The new credit facility included a revolving line of credit for both domestic and international assets along with a growth capital term loan for expansion.
“We have continued to turn to USCP to assist us in financing our working capital needs over the past 3 years due to their breadth of experience in asset-based lending,” said Colleen Gray, CEO of Consensus, a medical artificial joint implant manufacturer and distributor. “USCP has successfully structured and financed credit facilities on our behalf that increase our capital availability while decreasing our cost of capital.”
“Bridge Bank is committed to working with great partners like USCP who bring us into quality relationships such as Consensus,” said Lee Shodiss, Senior Vice President and Manager of Bridge Bank’s Capital Finance Division (BCFG). “USCP did an excellent job understanding our underwriting criteria and presenting the deal in a professional and cooperative manner. USCP’
“We are delighted to secure this financing facility for Consensus with our partners at Bridge Bank,” said Jeffrey Sweeney, CEO and Managing Director of USCP. “Consensus, under the management of Colleen and her team, has successfully executed their operating plan over the last few years. It is a pleasure to serve as a co-lender to support a company’s capital needs that has demonstrated great performance and consistent growth.”
About US Capital Partners, Inc.
Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, corporate financing, and debt re-structuring to businesses across the United States and abroad. US Capital is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small- to middle-market private and public companies. The company’s innovative approach allows them to provide the best financing available, not only for companies in excellent financial condition, but also for companies who may have been refused credit by traditional lenders.
If you would like to know more about how your business can secure the funding it needs, visit http://www.uscapitalpartners.net/
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National Association.
About Bridge Bank, N.A.
Bridge Bank specializes in providing superior service and customized banking solutions to small and middle-market, and emerging technology business in Silicon Valley, California and the Nation. The Bank’s product offerings include 24/7 internet-based business cash and treasury management, on-line account statement and item imaging, remote deposit capture, commercial lines of credit, growth capital financing, commercial real estate financing, international Export-Import financing and foreign exchange payment services, Small Business Administration 7(a) and 504 loans as an SBA Preferred Lender Participant-
US Capital Partners, Inc
San Francisco, CA
# # #
PressReleasePoint is a public relations agency dedicated to press release writing and distribution services.