For the past three years, mid market and small businesses in North America and Europe have looked to Interim Finance to help at times when their traditional lenders fall short or when bridge financing is required for a transaction, large purchase order, restructuring, turnaround support or some other unique event.
Just Energy reached agreement with its syndicate of lenders to renew and extend its revolving credit facility for a period of two years from the closing date of October 2, 2013.
The QT negotiation should never fall apart over price. What really matters is the value of the financed amalgamated company, whether there is secondary support for the stock post QT and plans to move past the TSX-V.
Inside is an article in HBR containing practical advice on the process of raising early stage VC money.
Fred Wilson has written an introduction to Venture Debt, a product that is available in Canada as well.
