Bridge Bank's Capital Finance Group closed on a $10 million asset-based loan facility for Zuum Transportation Inc., a California-based logistics technology provider for manufacturers, freight brokers and carriers.

“It’s rewarding to work with a company like Zuum that is making a difference for such a great stable of internationally recognized clients,” said Justin Vogel, senior vice president in Bridge Bank’s Capital Finance Group. “Bridge Bank appreciates the innovation Zuum brings to the logistics industry.”

Founded in 2016, Zuum’s clients include Tyson, Sherwin Williams and Staples. The company offers shipper transportation management systems (TMS), freight broker software, carrier TMS and a mobile app for truck drivers who are connected within the company’s Logistics Super Platform. The tools enable customers to enhance the efficiency and effectiveness of their logistics operations while simultaneously automating their transportation networks.

“We’re all about smooth processes and enhanced efficiencies, the same qualities Bridge Bank brings to clients,” said Matt Tabatabai, co-founder and chief operating officer of Zuum. “Our goal is to defragment the logistics industry through collaboration and partnerships — including with our lender.”