Private debt provider records $300m in new financings

The firm has recently launched its newest mid-market debt fund product

Private debt provider records $300m in new financings
For the first nine months of the year, private debt capital provider Bridging Finance managed to close $300 million in new financings.

The debt provider has also recorded over $170m in successful exits so far this year.  The firm offers capital in the form of asset-based loans, unitranche, and factoring facilities to companies seeking to build their war chests. They also fund shareholder buyouts and acquisitions.

The group explained that the capital is used as a replacement to a firm's current debt facilities on a more flexible term than those provided by traditional financial institutions.

Recently, the group launched its newest product, the Bridging Mid-Market Debt Fund, allowing it to provide the financial advisor community with products normally reserved for institutional investors.


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