Bridge Bank announced it has extended a senior debt facility to Factor 75 LLC. (Factor), a market-leading, online subscription service that delivers fresh, prepared, restaurant-quality meals that are uniquely positioned at the intersection of food and fitness.
“We’re excited by the growth of our brand and it’s important to us to have a technology focused bank that can work alongside us,” said Mike Apostal, chief executive officer at Factor. “Bridge Bank really took the time to understand our business model and delivered a customized financial solution that will assist in our growth.”
“Factor is clearly disrupting an archaic vertical and consumers are the real winners,” said Mark Breneman, senior vice president of Bridge Bank’s Southern California Technology Banking Group. “We’re very pleased to be working with Mike and the team at Factor and look forward to supporting their future growth.”