Energy Marketer Closes $17.0 Million Revolver
Bridging Finance Inc. has announced it provided a $17.0 million Revolver loan facility to an Energy Marketer with a leading presence in the Ontario and Quebec markets. The funds are to be used to refinance existing indebtedness and for growth.
Sinclair Range Inc. assisted the borrower with this transaction.
Bridging Finance provides alternative financial solutions to well-managed companies in need of capital for growth or other short-term needs. “We are very pleased with the due diligence efforts Sinclair Range undertook directing us to the eventual placement of the senior debt facility” commented Graham Marr, VP Business Development of Bridging Finance. “We look forward to working with Sinclair Range targeting other growing Canadian companies that can use our financials services” added Mr. Marr.