July 16, 2024

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Bridging Finance Inc. Actively Looking for New Lending Alternatives

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Bridging Finance Inc. Actively Looking for New Lending Alternatives
Bridging Finance Inc. Actively Looking for New Lending Alternatives

TORONTO, Jan. 8, 2021 /CNW/ – Immediately after a challenging year globally, Bridging Finance Inc. (“Bridging“) is fired up by the chance for ongoing advancement in 2021. With the hope and prospect of a sustained economic recovery on the horizon, Bridging is actively hunting for new lending chances throughout all our Cash. The Funds celebrated some considerable milestones in 2020 with the Bridging Profits Fund celebrating its 7-calendar year anniversary while the Bridging Mid-Industry Personal debt Fund celebrated its 3-calendar year anniversary. The Bridging Indigenous Affect Fund, which gives money for investment decision possibilities where by there is an Indigenous focus of the offer, celebrated its 1-yr anniversary in April and was also awarded 2nd Position in the 1 Calendar year Return class at the Canadian Hedge Fund Awards in 2020.

The Cash keep on to target lending options to firms looking for between $500,000 and $60,000,000+ in funding in the kind of running traces, time period financial loans, and accounts receivable financing. Usual profiles include:

  • Special, limited-phrase, distinctive scenarios
  • Progress money with visibility on possible refinancing  
  • Changeover funding
  • Insufficient doing the job money offered by present loan company
  • Non-dilutive capital

About Bridging Finance Inc.

Recognized in 2012, Bridging Finance is 1 of Canada’s top alternative credit investment decision administration firms and at the moment manages about around $2 billion of belongings. Bridging Finance provides middle-marketplace North American companies with alternate options to the funding options provided by conventional loan companies. Lending proceeds, commonly ranging from $3 million to upwards of $50 million, are employed by firms to tackle wants these types of as restructuring present personal debt, supplying performing cash for development, supporting stock purchases and funding expenses and acquisitions/buyouts.

Make sure you visit the supplying memorandum of the Resources for any even further information. Efficiency of the Cash is not assured, and previous functionality is not indicative of any potential general performance.&#13

Source Bridging Finance Inc.

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