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BRIDGE BUSINESS BANCORP FACILITATES $6.5 MILLION FINANCING FOR PAIN ENTERPRISES, INC.CHICAGO, IL – MARCH 5, 2007 - Bridge Business Bancorp, an operating division of Bridge Finance Group, today funded a $3,500,000 term loan and a $3,000,000 revolving line of credit for Pain Enterprises, Inc. of Bloomington, Indiana. The facilities provided Pain with the ability of refinance its existing debt, purchased new equipment, and provide working capital on an ongoing basis. Pain is a significant regional manufacturer and distributor of CO2 products, serving the food processing, packaging, pharmaceutical, and restaurant industries throughout the greater Midwest. Forrest Baker, Chief Financial Officer of Pain Enterprises, said, “What’s impressive about Bridge Business Bancorp was their willingness, from the top and throughout their organization, to take the time to understand our company, markets and our growth vision. The added strengths Bridge brings as a partner are the solutions, resources, and support needed to realize the vision. We at Pain anticipate a strong, long term, successful relationship.” “This financing is the beginning of a series of financing structures that Bridge Business Bancorp will provide to help this company continue to gain market share in the CO2 business of the Midwest. We are excited they chose us as their partner and look forward to seeing their success in this enterprise” said Matt Smith, Director of Bridge Business Bancorp. ABOUT BRIDGE BUSINESS BANCORP Bridge Business Bancorp, LLC, an operating division of the Bridge Finance Group, is a diversified corporate finance company, offering a full range of asset and cash flow-based financing products for small and medium-size businesses. Bridge Business Bancorp specializes in providing both revolving and term loan products for working capital, equipment, real estate acquisition, turnaround/ recapitalizations, management buyouts, short-term financing or expansion. Headquartered in Chicago, with regional offices in California, Connecticut, Florida, Georgia, Michigan, and New York, services are offered nationally. CONTACT Matt Smith, Director |