FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

US Capital Partners Provides Growth Financing to Tora Ventures

November 20, 2014, 07:04 AM
Filed Under: Distribution

US Capital Partners Inc. has provided a $100,000 term loan scalable to $500,000 for Tora Ventures, headquartered in Calgary, Alberta in Canada. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle market companies.

“We are extremely pleased to have provided a well-structured term loan scalable to $500,000 for this expanding Canadian distributor of roofing materials,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “Tora Ventures was seeking working capital to sustain the growth of its two-year-old business. As an enterprise based in Canada, Tora Ventures was finding it challenging to locate sources of capital domestically. The investment team at US Capital Partners was able to structure and provide a scalable term loan for the business designed to support its continued expansion.”

Tora Ventures is a growing distributor of residential and commercial roofing materials. Based in Calgary, Alberta, the company provides a wide variety of goods and materials for all aspects of residential and commercial roofing, including underlayment, waterproofing and insulation, weatherproofing, and drip edge and siding. The quality brands Tora Ventures distributes include Titanium UDL, Ventilation

Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt restructuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small- to middle-market private and public companies.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.