December, 2017 – PTAG has secured an asset based credit facility with Gerber Finance. The proceeds are to be used to help finance PTAG’s working capital needs as it continues its rapid expansion into new geographies and growing its customer base.
PTAG (www.ptaginc.com) is a global capital projects consulting and advisory firm serving the largest companies in power generation and transmission, mining, oil and gas, and heavy infrastructure. PTAG’s competitive advantage is its unique turnkey three-tier service offering solution that has been proven to significantly improve capital project outcomes.
Gerber Finance (www.gerberfinance.com) is an asset based lender providing working capital by leveraging accounts receivable and inventory assets. It is a leader in providing short-term financing solutions to growing middle-market companies in Canada, USA and other select countries.
CCC Investment Banking (“CCC”) acted as the exclusive financial advisor to PTAG Inc.