FrontWell Capital Partners closed a C$15 million ($12.2 million) senior secured credit facility to a Canadian manufacturing company with an operating history of more than 150 years. The facility is secured by real estate and working capital and will be used to support the company’s business plan.
“This senior secured credit facility is an example of FrontWell’s creative approach to structuring tailored solutions that meet the needs of borrowers in transition,” Patrick Dalton, CEO of FrontWell Capital Partners, said.
Headquartered in Toronto, FrontWell Capital Partners provides transitionary senior debt financing to middle market companies in the United States and Canada.
