TORONTO, November 18, 2014 – Bridging Finance Inc. (“Bridging”) is pleased to announce that it has completed several recent financings to companies across Canada.
Bridging targets lending to companies looking for between $300,000 and $15,000,000 in financing in the form of operating lines of credit, term loans, and factoring. Typical profiles include:
- Too early for bank financing but post-revenue with strong prospects.
- Insufficient working capital to grow the business.
- Temporary distress but a turnaround plan in place.
- Unique, short-term, special situations.
- Management requires non-dilutive capital.
Recent highlights include:
About Bridging Finance Inc.
Bridging is a privately held Canadian company providing middle-market Canadian companies with alternatives to the financing options offered by traditional lenders. Lending proceeds are used by companies to address short-term needs such as restructuring existing debt, providing working capital for growth, supporting inventory purchases and financing expenditures, and acquisitions/buyouts. Bridging offers operating lines of credit, term loans and factoring. Bridging Finance is the sub-advisor to the Sprott Bridging Income Fund LP.
For further information please contact:
Graham Marr, CPA, CA, CFA | VP, Business Development
Bridging Finance Inc.
77 King Street West
Suite 2925, P.O. Box 322
Toronto, ON. M5K 1K7
(416) 777-1794 | 1-888-920-9598
www.bridgingfinance.ca | firstname.lastname@example.org