US Capital Global has provided a multi-million dollar bridge loan to UK-based public company Manifesto Holding Plc. The financing allows Manifesto to repay an earlier bridge loan, ahead of a forthcoming growth-capital term loan. With a host of popular venues across Paris, France, Manifesto is an expanding stakeholder in the French arts, culture, and recreation world.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with a strong focus on asset-based lending, investment management, and capital raise services. The firm focuses on providing lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger companies and institutional investors.
“We are thankful to US Capital Global for fulfilling our immediate needs,” said Arnaud Frisch, CEO at Manifesto. “We eagerly await the closing of a more expansive term loan, which will provide support for our strategic expansion into the hospitality sector.”
“We are pleased to have provided two rounds of bridge financing for Manifesto Holding Plc,” said Jeffrey Sweeney, Chairman and CEO at US Capital Global. “Having received strong, positive acclaim for its innovation in the arts world, Manifesto is now pursuing further expansion in the hospitality sector. US Capital Global was able to support the company’s immediate goals by providing this important bridge facility, ahead of a much larger growth-capital term loan.”