Fortress International Group secured a new credit facility through Bridge Bank to support the company's growth strategy and provide financial flexibility. The facility provides a line of credit up to $6 million over the next two years.
"As Fortress continues to execute our strategic business plan, this line of credit provides an additional source of liquidity for our investments and working capital requirements," said Anthony Angelini , Chief Executive Officer of Fortress. "We appreciate the confidence that Bridge Bank demonstrated in our service portfolio and believe that this credit facility will serve as a solid foundation to assist our expected future growth."
"We are thrilled to have the opportunity to support Fortress International Group with this flexible credit solution as they continue to execute their business model," said Paul Gibson , senior vice president and market manager for Bridge Bank's East Coast Technology Banking Division. "We feel confident that their management team is pursuing a realistic and compelling growth strategy, and we are excited to be a part of their future success."
Fortress provides consulting and engineering, construction management and 24/7/365 site services for the world's most technology dependent organizations.