BrightBridge Capital announced the recent merger with the Area Wide Development Corporation in Alcoa, Tn. and the Tennessee Business Development Corporation in Paris, Tn.
"The strategic mergers enhance BrightBridge’s position as a leading partner for bankers seeking SBA 504 financing solutions for their small business clients across the state," officials said.
"SBA works with approved Certified Development Companies to administer its 504 Loan program. The program provides funding to purchase commercial real estate, machinery and equipment as well as financing for the purchase or upgrade of fixed assets. In turn, jobs are created and businesses grow. Thanks to the mergers, ... (click for more)