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Blue Bridge Financial Eclipses $200MM in Total Small Business Loans Originated

November 10, 2017, 08:00 AM
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Blue Bridge Financial announced that during the month of October 2017, it exceeded $200 million in total loans originated to over 4,000 small businesses since its inception in 2009.

"$200 million in originations is a significant milestone for us in filling the significant gap in small businesses access to credit.  As we pursue opportunities to supplement our current capital base, we look forward to continuing to serve the significant needs of the underserved $1 trillion annual equipment finance market," said Mark DeBacker, CEO.

Blue Bridge Financial is an independently-owned, non-bank small business lender, a rapidly growing segment of the financial services industry, which according to Business Insider Intelligence's 2016 Small Business Alternative Lending Report, is expected to represent almost 21% of the entire small business lending market by 2020. This is up from 4.3% in 2015.  Since 2015 alone, the Company has originated over $130 million in loans to over 2,400 small businesses throughout the United States.







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