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Wellington Financial provides growth capital

11th March 2012

LONDON, 11th March, 2012 – TIM Group today reported receipt of US$2.4 million debt financing from Wellington Financial.

TIM Group have received US$2.4 million venture debt financing, from Wellington Financial, to support new growth initiatives.

Richard Koppel, CEO of TIM Group said, “Partnering with Wellington Financial provides us with additional growth capital to support new exciting initiatives for investors and non-equity products.  With Wellington’s impressive track record of financing high growth companies, we look forward to working with them.”

Read Wellington’s press release.