TORONTO, Jan. 2, 2019 /CNW/ - Bridging Finance would like to sincerely thank all of our partners for making 2018 a banner year!
Highlights include:
- $480 million funded in new loans in 2018
- Robust pipeline of $150 million in deals currently ready to be funded
- No loan losses in 2018 and Since Inception
- As at the end of November, the net return for the Bridging Income Fund (class F) was 7.88% and for the Bridging Mid-Market Debt Fund was 8.32%
- Bridging Finance currently manages over $1.1 billion in the Private Debt space for retail and institutional clients
- Very positive outlook for 2019 and non-correlated to volatile public markets
Thank you from all of us at Bridging Finance and we look forward to a fantastic 2019!
About Bridging Finance Inc.
Established in 2012, Bridging Finance is one of Canada's leading alternative credit investment management firms and currently manages approximately $1.1 billion of assets. Bridging Finance provides middle-market North American companies with alternatives to the financing options offered by traditional lenders. Lending proceeds, typically ranging from $3 million to upwards of $50 million, are used by companies to address needs such as restructuring existing debt, providing working capital for growth, supporting inventory purchases and financing expenditures and acquisitions/buyouts.
Please read the Offering Memorandum and financial statements before investing. Past performance may not be repeated.
SOURCE Bridging Finance Inc.
For further information on Bridging Finance Inc., please visit us at www.bridgingfinance.ca or please contact us at (416) 640-8965 or (888) 920-9598 or by email at [email protected] or [email protected].
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