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Blue Bridge Financial to expand in the Buffalo business district

BUFFALO - Blue Bridge Financial, LLC, a national provider of equipment financing, will establish its headquarters in the historic Electric Tower in Buffalo’s central business district. Blue Bridge Financial will retain 12 jobs in Western New York while creating 71 new jobs over a five year period. After an extensive search including suburban and city locations, both in and out of the state, New York State’s incentive proposal made the company’s move into an initial space of 5,500 square feet in the iconic Electric Tower possible.

“Blue Bridge Financial’s decision to expand their operations in Buffalo after considering out of state alternatives is a testament to the advantages that Western New York offers to growing businesses,” Governor Andrew Cuomo said. “From the region’s highly-qualified workforce to its competitively priced office space, Western New York is a tremendous place for companies that are looking to increase their output and pursue new opportunities. I am pleased that the State was able to play a role in convincing Blue Bridge Financial to take a second look at Buffalo, and look forward to the company’s continued growth in the region.”

“We are excited to announce the relocation of our corporate headquarters to the historic Electric Tower Building in the Buffalo business corridor,” said Blue Bridge Financial CEO Mark DeBacker. “

The company qualified for up to $586,173 in performance-based Excelsior Jobs Program tax credits from Empire State Development, the state’s economic development agency, in return for its proposed investment and job creation commitments. Significant contributors to the incentive package and the relocation included the Buffalo Niagara Enterprise and the CBRE|Buffalo Office brokerage team.