SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

August 11, 2009 16:30 ET

Bridge Bank Provides $5 Million Credit Facility to Vx Capital Partners

SAN JOSE, CA--(Marketwire - August 11, 2009) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service professional business bank headquartered in Silicon Valley, announced today that it has closed a term loan and revolver with Vx Capital Partners to support the company's expansion in the investment and leasing of aircraft and aircraft engines.

"Bridge Bank has been a key partner since 2006," says Gary Lew, Principal of Vx Capital Partners. "Knowing we have a partner like Bridge Bank gives us greater financial flexibility and capital to take advantage of timely opportunities as they arise in our market."

Vx, with a primary focus on aircraft finance and investment, works with airlines and financial institutions to structure and fund innovative transactions involving aircraft, engines, loan portfolios, and asset backed securities. The firm has a demonstrated record of buying and selling at the right time during the industry cycle, and managing assets effectively through established processes. Since inception in 2002, Vx has structured and invested approximately $500 million of capital, which represents the purchase of over 70 aircraft.

"Vx seems to have a knack for recognizing the signals in the market and for knowing which strategy to use in order to gain the most success," said Michael Hengl, Senior Vice President, Commercial and Industrial Lending at Bridge Bank N.A. "We look forward to being part of their growth and continuing our relationship for years to come."

Bridge Bank specializes in providing superior service and customized banking solutions to small and middle-market, and emerging technology business in Silicon Valley, California and the Nation. The Bank's product offerings include 24/7 internet-based business cash and treasury management, online account statement and item imaging, remote deposit capture, commercial lines of credit, growth capital financing, commercial real estate financing, international Export-Import financing and foreign exchange payment services, Small Business Administration 7(a) and 504 loans as an SBA Preferred Lender Participant-accredited direct lender, and factoring and asset-based loans through its Bridge Capital Finance Group.

About Vx Capital Partners

Vx Capital Partners is a private investment firm headquartered in San Francisco that makes debt and equity investments in commercial aircraft and related aviation assets. Vx Capital Partners has broad capabilities in aircraft and engine leasing, and is an active investor in aircraft, engines, leases and other aviation-related structured products. Visit the Vx Capital Partners website at www.vxcapital.com.

About Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on The NASDAQ Stock Market under the trading symbol BBNK. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com.

About Bridge Bank, N.A.

Bridge Bank, N.A. is Silicon Valley's full-service professional business bank. The Bank is dedicated to meeting the financial needs of small and middle-market companies, and emerging technology businesses, in Silicon Valley, Northern California, and the Nation. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website at www.bridgebank.com.

Forward-Looking Statements

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.

Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.

The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.