Bridging Finance Inc. has completed several recent financing’s to companies across Canada

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 | gmarr@bridgingfinance.ca