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BRIDGE BUSINESS BANCORP PROVIDES A $1.4 MILLION SBA 7(a) TERM LOAN TO FLIGHT TEST ASSOCIATES, INC.CHICAGO, IL – April 10, 2008 - Bridge Business Bancorp, an operating division of Bridge Finance Group, provided Flight Test Associates, Inc. ("FTA") with a $1.4 million SBA 7(a) term loan to refinance existing debt and provide working capital. Flight Test Associates, headquartered in Mojave, California, provides flight test certification, maintenance modification, avionics upgrades, storage and other aircraft services under various types of contracts. "I was very pleased with the 'Can Do' attitude put forth by BBB in the processing and approval of the loan to FTA," said John Ligon, President and Owner of Flight Test Associates, Inc. "This loan allows us to continue with our rapid business expansion while simplifying our debt restructure and reducing our monthly cash flow requirements. The Bridge Business Bancorp experience was definitely a win-win for FTA." "Providing financing to Flight Test Associates was one of the most positive challenges we have had this year," said Matt Smith, Director, Bridge Business Bancorp. "The Company is very well respected and sought after in its industry, performs well by providing services to many of the major airlines and has significant opportunities for the future. We are glad to have provided this financing package which will make them stronger in the near term and give them the space they need to continue their growth." ABOUT BRIDGE BUSINESS BANCORP Bridge Business Bancorp, an operating division of Bridge Finance Group, offers a combination of comprehensive loan products, decades of financial expertise and an unparalleled service approach unique to the lending industry. Through accounts receivable, cash flow and real estate based term loan lending products, Bridge is able to address the differing capital needs of its customers. Bridge is based in Chicago, Illinois with offices in the Northeast, Southeast, Midwest and West Coast. For more information about Bridge Business Bancorp, go to www.bridgebusinessbancorp.com. CONTACT Matt Smith, Director |