Chipotle announces partnership with Bridge for supplier financing

Chipotle Mexican Grill and Bridge are uniting to offer the Bridge business loan marketplace to Chipotle’s small- and medium-sized businesses in their supplier network, the companies announced. Bridge is a digital platform that connects SMBs with a diverse group of more than 75 lenders that can provide qualifying businesses with loans of up to $50M. “The Bridge platform provides our suppliers with crucial access to the capital they need to expand their operations. To achieve our long-term target of 7,000 restaurants in North America, we’ll need our partners to be able to scale and continue growing, harvesting and supplying the high-quality real ingredients that Chipotle serves,” says Jack Hartung, Chief Financial and Administrative Officer at Chipotle.