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Bridge Opportunity Finance Provides $25 Million Facility to Anthony Clark International Insurance Brokers Ltd.


CHICAGO -- Bridge Opportunity Finance, a division of Bridge Healthcare Finance, today announced the completion of a $25 million term loan to Addison Addison, village (1990 pop. 32,058), Du Page co., NE Ill.; inc. 1884. An industrial suburb of Chicago, it manufactures machinery and plastic items.  York Insurance Brokers Ltd., a US wholly-owned subsidiary of Anthony Clark People named Anthony Clark or Tony Clark include:
  • Anthony Clark (actor) (born 1964), actor and comedian.
  • Anthony Clark (badminton) (born 1977), British badminton player.
.

Anthony Clark International Insurance Brokers Ltd., founded in 1989, has expanded through internal growth and the acquisition of 23 general insurance brokerages and processes over $86 million in insurance premiums for its 63,000 customers. Anthony Clark is based in Calgary, Alberta.

"This financing is a major step in Anthony Clark's US expansion plan," said Primo Podorieszach, chief executive officer of Anthony Clark. "We were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a capital partner who understood the risks and rewards of an aggressive acquisitions strategy. Bridge Opportunity Finance is well-known for their expertise in this arena and demonstrated their ability to help us take advantage of US acquisition opportunities," added Podorieszach.

"This facility will be used to repay existing credit facilities credit facilities nplfacilidades fpl de crédito

credit facilities nplfacilités fpl de paiement

credit facilities 
 and the balance used to fund future acquisitions of general insurance brokers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Randy Abrahams, president and chief executive officer of Bridge Healthcare Finance. "This closing underscores our expertise in helping customers identify and leverage acquisition opportunities. We understood their business need and took action allowing the company to close in a timely and efficient manner."

About Bridge Healthcare Finance

Bridge Healthcare Finance offers a combination of comprehensive loan products, decades of financial expertise and an unparalleled service approach unique to the healthcare lending industry. Through accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying , cash flow and real estate based term loan lending products, Bridge is able to address the differing capital needs of the healthcare industry. Bridge is based in Chicago, Illinois with an office in Hartford, Connecticut “Hartford” redirects here. For other uses, see Hartford (disambiguation).

Hartford is the capital of the State of Connecticut. It is located in Hartford County on the Connecticut River, north of the center of the state.
. For more information visit Bridge Healthcare Finance at www.bridgehcf.com.
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Publication:Business Wire
Date:Jun 27, 2005
Words:288
Previous Article:JPMorgan Chase Takes Significant Steps to Fulfill $800 Billion Commitment; Firm Lends and Invests $69 Billion in First Year of 10-Year Plan.
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