US Capital Partners announced it has put in place a second round of financing in the form of a follow-on term loan to support the continued expansion of Tora Ventures, a Canadian distributor of residential and commercial roofing materials.

“We are delighted with this well-structured follow-on term loan supplied for us by US Capital Partners,” said Steve Davidsen, president of Tora Ventures. “US Capital Partners first provided financing for Tora Ventures in October 2014. We have returned to US Capital Partners because of the firm’s breadth of experience in funding businesses and its ability to close for us quickly and efficiently.”

“We are extremely pleased to have provided a second round of financing for this expanding Canadian distributor of roofing materials,” said Jeffrey Sweeney, chairman and CEO at US Capital Partners. “Tora Ventures has been expanding rapidly, and required some additional working capital and growth capital ahead of its peak summer season.”