BRIDGE BUSINESS BANCORP PROVIDES $2.82 MILLION TO ENABLE PARTY TIME RENTAL, INC. TO FUND GROWTH

CHICAGO, IL - May 8, 2007 - Bridge Business Bancorp, an operating division of Bridge Finance Group, funded $2,820,000 to Party Time Rental, Inc. of Carmel, Indiana.  The Facility consisted of two term loans: $1,850,000 to refinance the Company’s commercial mortgage and $970,000 to refinance other debt and provide working capital.  The Facility allowed for a complete payout of all of the Company’s long-term debt and operating leases and reduced the Company’s debt service requirements by 33%.
“Our company is facing new competition in the market all the time,” said Paul Zahner president of Party Time Rental. “The financing from Bridge helped us meet a important goal for our company, which is ultimately to generate the resources to grow and compete as a leader in our market.”
“The refinancing was very timely and advantageous to both parties,” said Matt Smith director of Bridge Business Bancorp. “We helped lower our borrower’s current debt service requirements, affording us a more desirable credit opportunity for a growing company. The additional working capital allows Party Time Rentals to confidently and aggressively go after new sales in their market.”

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
Bridge Business Bancorp
312-334-1411