BBB Provides $2.0 Million Loan Package To Village Products

Bridge Business Bancorp, an operating division of Bridge Finance Group, today announced that it has provided Village Products, Inc. with a $1.5 million revolving line of credit and a $500 thousand SBA 7(a) term loan.

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Headquartered in Goffstown, NH, Village Products is one of the largest distributors of hearth products in the northeast and the largest retailer in New England with its six locations. The financing package is an example of Bridge's ability to combine a revolving line of credit with an SBA term loan to provide liquidity to a strong business with favorable market conditions.

"As a leading distributor and retailer in the northeast for over 35 years, we are well positioned to capitalize on the growth opportunities in the hearth industry. The BBB facility provides us with the flexibility to grow our business and take advantage of business opportunities that may require immediate access to capital," said Jeff Horine, President of Village Products, Inc.

"We feel Village Products' ability to continually execute for their customers is the basis of their success and longevity in the market place. We are pleased that we are able provide them with a credit facility that makes sense for both of us," said Neal Johnson, Associate of Bridge Business Bancorp. -- Bridge Business Bancorp

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