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Bridge Bank Provides $18MM Term Loan to Boudin Bakery

June 19, 2013, 07:12 AM
Filed Under: Food Manufacturing

Bridge Bank recently provided Boudin Bakery of San Francisco with an $18 million term loan to refinance its existing credit facilities.

"Boudin Bakery is a San Francisco icon recognized across the world," said Martin Kriegler, senior vice president and group manager of Bridge Bank's Corporate Banking team in San Francisco. "We are excited to be a part of Boudin Bakery's future growth strategy as they continue to build on 164 years of success," Kriegler added.

"We were particularly impressed with Boudin's management team, and their high level of professionalism and expertise," said Gloria Ferguson, senior vice president in Bridge Bank's Corporate Banking Division. "We are privileged to be a partner to them," she added.

"We're very pleased with the creative financing that Bridge Bank came up with," said Mark Briggs, Board Director at Boudin Bakery. "Our business is one that is very dynamic and fast-paced, and we found that Bridge Bank had the ability to understand our business and growth strategy and craft a credit solution that met our objectives," he added.

Boudin Bakery, San Francisco's oldest continuously operating business, is recognized throughout the world for its sourdough bread. Founded in San Francisco in the early days of the gold rush in 1849, Boudin is the creator of The Original San Francisco Sourdough French Bread™. Growing from a tiny operation on San Francisco's Dupont Street, the company has grown into a multi-faceted business with a rapidly expanding fast casual restaurant concept called Boudin SF as well as its one of a kind flagship location and Bistro at Fisherman's Wharf.

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