Wellington Financial provides $3 mln debt facility to U.S. software company
Canadian specialty finance firm Wellington Financial has provided US$3 million in a venture debt financing facility to a U.S. provider of automation and management software. The business, which Wellington said is backed by venture capital investors, was not identified. Funding proceeds are intended to support the company's next phase of growth. Based in Toronto, Wellington provides term, venture and amortizing loans of up to $30 million. Since 2012, it has led more than $230 million in transactions.
12 May 2015•2 mins read
