Bridging Finance Inc. Actively Seeking New Lending Options

TORONTO, Jan. 8, 2021 /CNW/ – Just after a challenging calendar year globally, Bridging Finance Inc. (“Bridging“) is thrilled by the option for ongoing growth in 2021. With the hope and prospect of a sustained financial recovery on the horizon, Bridging is actively searching for new lending opportunities across all our Money. The Funds celebrated some major milestones in 2020 with the Bridging Income Fund celebrating its 7-12 months anniversary when the Bridging Mid-Sector Debt Fund celebrated its 3-year anniversary. The Bridging Indigenous Affect Fund, which provides money for expense alternatives the place there is an Indigenous concentration of the deal, celebrated its 1-12 months anniversary in April and was also awarded 2nd Location in the 1 12 months Return category at the Canadian Hedge Fund Awards in 2020.

The Cash continue to target lending alternatives to companies seeking for between $500,000 and $60,000,000+ in funding in the sort of running lines, phrase loans, and accounts receivable funding. Standard profiles consist of:

Bridging Finance Inc. (CNW Group/Bridging Finance Inc.) (CNW Group/Bridging Finance Inc.)

  • One of a kind, short-phrase, specific situations
  • Progress capital with visibility on very likely refinancing  
  • Changeover financing
  • Inadequate doing work capital supplied by present financial institution
  • Non-dilutive capital

About Bridging Finance Inc.

Proven in 2012, Bridging Finance is a person of Canada’s major choice credit history expense management firms and presently manages close to above $2 billion of assets. Bridging Finance supplies center-industry North American providers with solutions to the financing possibilities supplied by standard loan providers. Lending proceeds, typically ranging from $3 million to upwards of $50 million, are used by corporations to deal with wants these types of as restructuring present debt, delivering functioning capital for advancement, supporting stock buys and funding expenses and acquisitions/buyouts.

You should take a look at the featuring memorandum of the Resources for any even more details. Efficiency of the Funds is not guaranteed, and earlier efficiency is not indicative of any upcoming effectiveness.&#13

Source Bridging Finance Inc.

Della C. Mae

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