Bridge Bank announced its Capital Finance Group has closed on a US$10m asset-based loan (ABL) facility for Zuum Transportation Inc., a California-based logistics technology provider for manufacturers, freight brokers and carriers.
“It’s rewarding to work with a company like Zuum that is making a difference for such a great stable of internationally recognized clients,” said Justin Vogel, senior vice president in Bridge Bank’s Capital Finance Group. “Bridge Bank appreciates the innovation Zuum brings to the logistics industry.”