GreenBridge Funding has secured a senior secured revolving ABL credit facility from Jovian Capital Management with maximum total borrowing of up to $10 million. GreenBridge will use the proceeds of the facility to support its acquisition and origination of revenue-based financing products.
“At GreenBridge, we turn everyday business performance into opportunity, helping entrepreneurs convert their revenue momentum into flexible capital that supports their next stage of growth. We’re proud to partner with Jovian, reflecting a shared commitment to disciplined growth and long-term value creation,” David Horowitz, co-founder and managing partner at GreenBridge, said.
Daniel Burke, managing partner at Jovian, added, “When we founded Jovian, our mission was to identify businesses that had all the right pieces — the team, the product, the domain expertise, the operations and the equity — only missing debt capital to fuel their portfolios. GreenBridge and its team meets and exceeds everything we look for in a borrower, and we are thrilled to provide this debt facility to them. With Jovian’s debt capital made available to them, the GreenBridge team will thrive and continue to cement their position as a leader in the space.”
