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.
bottom of page