US Capital Partners Provides Growth Financing Scalable to $500,000 for Canada-Based Tora Ventures
US Capital Partners Inc. has put in place financing to support the continued expansion of a Canadian distributor of residential and commercial roofing materials.
SAN FRANCISCO, NOVEMBER 2014 - 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.”
About Tora Ventures
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 Maximum, RhinoRoof, Owens Corning, Resisto, Grip Rite, and GAF.
About US Capital Partners Inc.
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt re-structuring 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. The company’s innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit by traditional lenders.
To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at jsweeney@uscapitalpartners.net or call (415) 889-1010.