Convenience Store / Service Station – Suffolk County, NY

Bridge provided working capital financing secured by a senior lien on all assets including a collateral assignment on the ground lease to a gas station and convenience store located in Suffolk County Long Island. The sponsor is using funds to complete a remodel of the convenience store as well as improve the layout of the gas station to enhance traffic flow to customers.  


$2,100,000 Senior Mortgage – Queens, New York

Bridge provided $2,100,000 of acquisition financing for a tenant to exercise its right of first refusal to acquire the building it’s been occupying for over 25 years.  A competing business owner sought to acquire the building which would have ultimately resulted in putting Bridge’s client out of business.  Bridge acted quickly and closed this transaction within two weeks of having a signed term sheet.