In this article, we bring you Bridging Finance: one of the best borrowing or investing solutions in Canada and North America. Bridging Finance is one of the leading financial companies in Canada and North America.
Bridging Finance Inc. was founded in 2012 as a privately held Canadian company providing middle-market Canadian companies with alternative financing options to those offered by traditional lenders. The funds deployed by Bridging are used to address short-term needs, including restructuring existing debt, providing working capital for growth, as well as supporting inventory purchases, capital expenditures and acquisitions/buyouts.
Bridging attracts borrowers who cannot access capital from traditional financing sources due to industry factors, complexity, size, or other unique challenges companies might face. Facilities offered are covenant-lite, quick, flexible, and creative – generally based on the value of the assets of the company and the borrowing needs. A large investment pool is available for transactions of up to $50,000,000.
Bridging Finance created the Bridging Credit Fund LP in November 2013. Since its inception, Bridging has adapted to increasing demand in the marketplace and resulting growth. In July 2014, Bridging expanded its coverage in the retail fund space and partnered with Ninepoint Partners (formerly, Sprott Asset Management) for distribution of the Fund and the Fund was renamed to Sprott Bridging Income Fund LP and is currently named the Bridging Income Fund.
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Aside from the retail fund, Bridging also manages money for family offices and institutional investors through the Bridging Private Debt Institutional Fund LP and Separately Managed Accounts. Bridging Finance is a registered restricted portfolio manager and exempt market dealer registered in all jurisdictions across Canada and is also registered as an investment fund manager.
Bridging Finance is also registered as Investment Fund Manager (“IFM”) in Ontario, Newfoundland and Labrador and Quebec. Bridging Finance is a registered restricted portfolio manager and exempt market dealer registered in all jurisdictions across Canada and is also registered as an investment fund manager in Ontario, Newfoundland and Labrador and Quebec.
Bridging Finance has specific financials for RETAIL INVESTORS and INSTITUTIONAL INVESTORS.
| Name | Bridging Finance |
| Address | Toronto Office 77 King Street West Suite 2925. P.O. Box 322 Toronto, Ontario M5K 1K7 |
| Phone | P: 416-362-6283 P(Toll-Free): 1-888-920-9598 P(Toll-Free): 1-888-920-9599 |
| inquiries@bridgingfinance.ca |
Borrowers
Bridging Finance is willing to provide asset-based financing to companies requiring additional capital. Typically, these loans will be secured against accounts receivable, inventory, equipment, or other assets of the company. Bridging Finance uses the same monitoring and analysis software used by a large North American financial institutions. This software enables borrowers to easily transmit their financial information to Bridging Finance to meet reporting requirements, such that their customers can spend more of their time managing their business.
Investors
The investment objective of the Bridging Funds is to acquire and maintain a diversified portfolio of Asset-Based Investments and Accounts Receivables Investments that achieve superior risk-adjusted returns with minimal volatility and low correlation to most traditional asset classes.
Bridge Loans
Let’s find out what is bridge loans: Bridge financing is for companies in need of working capital or other capital requirements in preparation for expansion or another financing event. Examples include:
Debt financing for growth strategies.
Working capital bridge for an inventory builds prior to the peak sales season.
Bridging funds are collateral-based and short-term, for needs that may span a few months or up to 3 years.
Asset-based loans
Bridging Finance is willing to provide asset-based financing to companies requiring additional capital beyond that willing to be provided by existing lenders. Typically, these loans will be secured against accounts receivable, inventory, equipment, or other assets of the company.
Bridging Finance uses the same monitoring and analysis software used by large North American financial institutions, including Canada’s largest bank. This software enables borrowers to easily transmit their financial information to Bridging Finance to meet reporting requirements, such that our customers can spend more of their time managing their business.
Inventory finance
Bridging Finance is willing to extend credit for 100% of inventory purchases, either replacing or as an addition to existing financing.
Accounts Receivables Financing
Bridging Finance provides accounts receivables financing services to businesses that invoice or extend credit to their customers for services rendered and/or products delivered. Accounts receivables financing allows businesses to easily turn their credit-worthy receivables into immediate cash to improve cash flow.
We provide financing to mid-market companies requiring capital for growth or other short-term needs. Our focus is on established mid-market Canadian companies with strong management teams. We need to be able to identify a clear exit strategy that would be expected to occur within 6 – 36 months of our funding.
Size
Typically, our minimum loans are $500,000 and up to $50 million.
Sectors
Bridging Finance prefers to provide capital to companies with hard, tangible assets in the following industries:
Manufacturing
Construction
Retailers and Distributors
Transportation
Real Estate
Infrastructure
First Nations/Inuit
What is Bridge Finance’s interest?
Bridging Finance rates are consistent with the risk of the funds provided. Interest payments are typically made monthly.
Repayment Terms
Bridging Finance repayment terms is 6 months to 36 months.
Geography
Bridging Finance lends to companies headquartered primarily in North America.
Funds Overviews
Bridging Finance is one of the market leaders in providing investors access to a wide selection of private debt solutions through a variety of investment mandates. Bridging Finance currently manages approximately $2 billion for investors across multiple funds.
BRIDGING INCOME FUND (LP & RSP VERSIONS)
BRIDGING MID-MARKET DEBT FUND (LP & RSP VERSIONS)
BRIDGING INDIGENOUS IMPACT FUND
BRIDGING FERN ALTERNATIVE CREDIT FUND
Institutional investors
Bridging Private Debt Institutional Fund LP: Private Debt. Bridging Finance Inc. (BFI) believe that institutional investors are looking for unique, relevant strategies and solutions to meet the needs of their clients. To meet the challenge of clients’ return expectations, managers have turned to the area of alternative investments which has grown significantly over the past ten years. BFI specializes in the Private Debt category of alternative fixed income.
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Bridging Finance currently manages approximately $1.4 billion for institutional and retail investors and has been managing money in the Private Debt space for over five years. The market for deal flow is robust and the Bridging Private Debt Institutional Fund has the capacity to accommodate institutional allocations either in the fund itself or in a separately managed account.
For institutional investors seeking a sleeve of Private Debt for their fixed income portfolio, the Bridging Private Debt Institutional Fund LP is an excellent option that is not correlated to the markets.