Bridge Finance Group announced the completion of a $5.0 million revolving line of credit and a $2.0 million term loan to Wafer Reclaim Services

Bridge Finance Group announced the completion of a $5.0 million revolving line of credit and a $2.0 million term loan to Wafer Reclaim Services. The Company is headquartered in San Jose, California. WRS is engaged in the business of sorting, stripping, polishing, and cleaning used wafers for semiconductor and solar manufacturers. WRS made use of the proceeds to acquire Montco Silicon Technologies which greatly enhances the existing credit by adding customer diversification, east coast operations and additional product lines to WRS's existing business.


"We were impressed with Bridge's understanding of the secondary materials industry and found them very easy to work with. We appreciate Bridge's continuing support as we drive growth in this challenging business environment," said Richard Mee, President of WRS. read more

Source: Bridge Finance Group