Wellington Financial Provides $15 Million Financing to Medical Software Company
TORONTO, Oct. 19, 2015 /PRNewswire/ – Wellington Financial LP, a privately-held specialty finance firm, today announced a US$15 million debt financing for a U.S.-based information technology company.
“We are very pleased to announce another financing for a fast-growing innovation company that understands the value of our True Growth Capital,” said Mark Usher, Partner at Wellington Financial. “Our interest-only loan structures are the right choice for businesses on a high growth trajectory that have reached the stage where they can attract growth capital without experiencing the dilution that comes with an equity raise.”
Over the past 18 months, Wellington Financial LP has led more than $140 million in transactions, making it one of the most active funds of its kind in North America.