#USA #Dallas #GreenBridge #Jovian Capital Management #ABL Credit

GreenBridge Secures ABL Credit Facility from Jovian Capital Management

GreenBridge Funding, LLC, a prominent provider of revenue-based financing solutions, recently announced a significant achievement: the securing of a senior secured revolving Asset-Based Lending (ABL) credit facility from Jovian Capital Management. This facility, with a maximum borrowing limit of $10 million, is poised to enhance GreenBridge's ability to support small and medium-sized businesses across the nation.

David Horowitz, the Co-Founder and Managing Partner at GreenBridge, expressed his enthusiasm about the partnership, remarking, "At GreenBridge, we transform everyday business performance into opportunities, enabling entrepreneurs to convert their revenue momentum into flexible capital that facilitates their next phase of growth. Our collaboration with Jovian underscores our shared dedication to maintaining disciplined growth and generating long-term value."

The funds from this ABL facility will primarily aid GreenBridge in the acquisition and origination of revenue-based financing products. This involves utilizing innovative financial solutions that enable businesses to secure capital based on their revenue streams, offering a valuable alternative to traditional lending options.

Daniel Burke, Managing Partner at Jovian Capital Management, highlighted the mission behind their firm, stating, "We aim to identify businesses that have all the essential elements—an adept team, a robust product, domain expertise, operational efficiency, and equity—yet lack the debt capital necessary to fuel their portfolios. GreenBridge epitomizes everything we seek in a borrower, and we are excited to furnish them with this debt facility. We anticipate that with our backing, GreenBridge will not only thrive but also solidify its status as a leader in the financial solutions space."

About GreenBridge Funding

GreenBridge Funding specializes in providing revenue-based financing solutions tailored for small and medium-sized enterprises (SMEs) across the nation. By leveraging up-to-date bank data and modern servicing tools, GreenBridge performs meticulous cash flow analyses, which enable them to design flexible working capital solutions aimed at fostering sustainable growth. The company benefits from a strategic alliance with GreenBridge Capital, one of the leading brokerages in the country for financial products targeted at SMEs. To explore more about their offerings, visit GreenBridge Capital.

About Jovian Capital Management

Founded as an alternative investment advisory firm, Jovian Capital Management focuses on private credit and special situations investments, particularly within the lower middle markets and early-stage financial technology sectors. Noteworthy for their bottom-up approach, Jovian's team leverages extensive experience in originating, servicing, and managing diverse asset classes. This technology-centric philosophy allows Jovian to deliver attractive terms for borrowers while ensuring secure and appealing returns for their investors. For more information, check out Jovian Capital Management.

In summary, the collaboration between GreenBridge and Jovian Capital marks a significant step forward in providing innovative financial solutions that empower local businesses to harness their revenue growth effectively. As both companies strive for excellence in their respective fields, this partnership is set to redefine financing options available to a myriad of growing enterprises across the nation.