top of page

Revolving Loan for a Solar Panel Manufacturer

Borrower Profile

This portfolio company is a leading manufacturer of solar panels that are used to support a wide range of infrastructure projects. 

Sector: Industrials

Loan Type: Senior Secured Revolver

Location: Canada

Loan Amount: ?

Initial Funding Date: February 2016  OR  Date: February 2016 - May 2023

Challenge

The borrower was seeking capital for purchase order and AR financing. 

Solution

Cortland provided a $8 million initial flexible credit facility to the borrower. The lending commitment then grew to $81 million.  

Result

The borrower has successfully paid out the outstanding credit facility and was able to migrate toward traditional financing. 

Not sure if debt financing is right for you? Talk to our Origination Team.

bottom of page