Wellington Financial Provides $3 Million Financing to Automation and Management Software Company

Earlier this month, we closed a new US$3 million venture debt financing facility for a leading U.S.-based provider of automation and management software.

Although the firm is VC-backed, our capital was a much more cost-effective means of funding the company’s next phase of growth. Our interest-only structures continue to be a compelling choice for high growth companies that appreciate the flexibility of our True Growth Capital relative to what is available in the commercial bank market.

Since 2012, Wellington Financial LP has led more than $230 million in transactions, making it one of the most active funds of its kind in North America.

MRM