Bridging Finance Inc. is pleased to announce our
sub-advisory agreement with Sprott Asset Management LP
and the launch of the Sprott Bridging Income Fund LP.

Investment Criteria

We provide financing to mid-market companies requiring capital for growth or other short-term needs. Our focus is on established mid-market Canadian companies with strong management teams. We need to be able to identify a clear exit strategy (e.g. refinancing, IPO, etc.) which would be expected to occur within 6 – 36 months of our funding.


Size

Typically, our minimum loans are $500,000 and have a maximum of $30 million. For certain industries (e.g. real estate and construction) we have the potential to complete substantially larger transactions.


Industry

We prefer to provide capital to companies with hard, tangible assets in the following industries:


  • Manufacturing
  • Construction
  • Retailers and Distributors
  • Transportation
  • Real Estate (pre-development, construction, term)
  • Oil and Gas Services

Interest

Our rates are consistent with the risk of the funds provided. Interest payments are typically made monthly, although in some instances we are prepared to defer some portion to maturity.


Term

Typically our term is 6 months to 36 months. We do not require a pre-payment fee if funds are repaid by the Company prior to maturity.


Geography

Our preference is to lend to companies headquartered in North America.

Characteristics of Potential Investments

Type

  • Bridge Loans
  • Asset Based Loans
  • Factoring
  • Inventory Finance
  • Refinancing
  • Exit Loans
  • Recapitalizations

Industry

  • Manufacturing
  • Construction
  • Real Estate
  • Retailers and Distributors
  • Transportation
  • Oil and Gas Services

Size

Typically $500,000 to $30 million, with the potential for larger transactions depending on industry.


Interest

Cash paid monthly. In some instances deferred.


Term

Typically 6 to 36 months. No prepayment penalties.


Geography

North American-based.