Our client is an international technology company specializing in the development, manufacture and supply of transmission systems for power generation, agricultural and industrial equipment which optimize their performance and lifespan.
The client’s challenge
The client required financing to support and sustain organic growth and to reimburse a shareholder loan.
B&C enabled transaction financing of up to CAD$8.1m, disbursed in three tranches for the client to meet costs associated with its manufacturing. The first tranche would also be used to repay a US$ 1.15 M shareholder loan.