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Bridge Bank Increases YES Leasing’s Credit Facility

October 27, 2021, 07:00 AM
Filed Under: Industry News

Bridge Bank announced it has increased the credit facility provided last year to YES Leasing, a Miami, FL-based commercial equipment leasing company specializing in funding business owners with challenged credit. The increased credit facility will provide additional capacity to support the continued growth of YES Leasing’s portfolio.

“Bridge Bank’s depth of knowledge about our business has been instrumental in supporting our strong growth,” said Quade Koffler, Chief Operating Officer at YES Leasing. “We look forward to continuing our relationship with Bridge Bank for years to come.”

“The increase to our credit facility enables YES Leasing to better serve our referral partners,” added Tony Syracuse, Chief Commercial Officer at YES Leasing. “With Bridge Bank’s backing, YES Leasing endeavors to expand our position in the market with a pipeline of programs for new asset verticals and credit tiers.”

“Bridge Bank is sharply focused on helping our clients achieve their goals,” said Justin Vogel, Senior Vice President in Bridge Bank’s Southern California Capital Finance Group. “Our clients’ success is our success. We look forward to helping YES Leasing grow and succeed for many years into the future.”

YES Leasing is a small-ticket equipment leasing company founded in 1975.

The Capital Finance Group at Bridge Bank offers a range of asset-based and factoring solutions, including accounts receivable, inventory and invoice financing, to provide lines of credit and working capital. The group’s expertise supports companies in manufacturing, professional services, retail, technology and more that are experiencing unusual market conditions that might hamper their ability to adhere to traditional covenants and credit structures. Bridge Bank is a division of Western Alliance Bank.

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