Accessing funding for businesses in all industries in today’s difficult financial climate is challenging. Traditional bank lending has largely dried up, and what little support that is available has become more stringent with credit requirements. Businesses and alternative investment fund managers and their portfolio companies need creative solutions from flexible funding providers to support their short- and medium-term capital needs.
Leading alternative investment fund administration provider, EFSI, has partnered with Phoenix CG LLC, a leading project funding sourcing provider, to offer its clients access to direct funding solutions that can help them with securing capital needs for acquisition, refinancing, expansion capital, start-up, or just day-to-day working capital.
“EFSI is enjoying rapid growth in the private equity and venture capital industries in particular, and many of our clients’ portfolio companies are in need of more options to help them finance their growth plans. We’re delighted to partner with Phoenix CG LLC to help our private markets clients’ portfolio companies with flexible funding solutions, whether they be debt, equity, or a combination of the two,” said EFSI Managing Partner, Anthony D. Mascia.
“We’re looking forward to a closer relationship with EFSI. Service providers like EFSI are increasingly recognizing that value-added offerings will only help their clients, and therefore their own business, and we at Phoenix CG LLC have a range of funding solutions of debt, equity, or a hybrid, that can help companies in all industries access the capital that they need to support their growth plans,” added David Forman, Managing Member at Phoenix CG LLC.