TORONTO, July 14, 2014 – Bridging Finance Inc. (“Bridging”) recently provided a $4.9 million term loan and revolving facility to a timber products manufacturer and distributor. The facilities provided the company with additional working capital for growth and will allow the company to increase margins and manage seasonality.
About Bridging Finance Inc.
Bridging is a privately held Canadian company with over two years of private investment management experience 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.
About Bridging Credit Fund LP
The investment objective of the Fund is to acquire and maintain a diversified portfolio of Factoring Investments and Asset Based Investments. The Fund offers clients yield outside of traditional fixed income investments (i.e. not invested in real estate or bonds) and is non-market linked.
For further information please contact us at:
Bridging Finance Inc.
77 King Street West – Suite 2925
Toronto, ON. M5K 1K7
(416) 365-6252
1-888-920-9598
www.bridgingfinance.ca
inquiries@bridgingfinance.ca