Faraday Future Gets Bridge Loan
Posted on 04/30/2019
Remember Faraday Future? Faraday Future is a Chinese electric automobile manufacturer. The company got up to a US$ 225 million bridge loan from Birch Lake Associates, LLC, a boutique merchant bank. The up to US$ 225 million bridge financing facility disclosed consists of a senior secured financing of US$ 75 million and a vendor trust […]