BrightOrder is a developer of truck and fleet management software designed to help solve vehiclecontrol problems. The software automates activities by understanding the point of failure so thatone can schedule the timing and location of repairs, improving vehicle uptime and tracking historyto enhance future purchases, enabling clients to better optimize efficiency in vehicle repair andmake better-informed decisions at affordable costs.

Company Background:
BrightOrder had a bank loan in place coming up for renewal. Yet, with their bank being more limitedin lending abilities in a tighter credit market, the company opted to explore alternative lendingsolutions. They were referred to 5th Line who ultimately ran a competitive process for them,rendering several term sheets to them to refinance their bank with a much larger debt facility.Objective:BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. BrightOrder is a developer of truck and fleet management software designed to help solve vehicle control problems. The automates activities by understanding the point failure so that one can schedule timing location repairs, improving uptime tracking history enhance future purchases, enabling clients better optimize efficiency in repair make better-informed decisions at affordable costs. A tighter creditmarket forced theirbank to limit lending.BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. BrightOrder had a bank loan in place coming up for renewal. Yet, with their being more limited lending abilities tighter credit market, the company opted to explore alternative solutions. They were referred 5th Line who ultimately ran competitive process them, rendering several term sheets them refinance much larger debt facility. Needed an expertpartner to help securealternative lending.
“5th Line, under the leadership of James Turner, has developed an extensive
portfolio of “Potential Investors “ to meet the needs of most borrowers. By having
5th Line prequalify investors, based on their intensive deep dive into our operations
to ensure there was a strategic alignment between all parties, my job was
significantly simplified allowing me to focus more on deal structure. Time is Money,
my time was spent where I add the most value, and 5th Line made that happen!”
5thline.co | info@5thline.co | 265 Franklin St. Suite 1702 | Boston, MA 02110
— Patrick Brooker, BrightOrder
5th Line’s Solution
With 5th Line’s help, BrightOrder closed their new facility with their lender, allowing them to
invest in internal growth initiatives as a key part of their roadmap. We secured a $3.5MM
CAD Credit Facility that allowed them to refinance their existing bank debt while also
providing them room to grow into more capital utilization. Their new lending solution serves
with minimal covenants and flexible draw schedules, allowing them to utilize the funds while
effectively managing their overall cost of capital.
Closed a $3.5MM facility with a new lender.
Refinanced the company’s existing bank debt.
Established financial avenues for the company to grow capital.

• Innovate and Adapt: ROOM’s Bridge
• to a Successful Equity Round
• ROOM, a VC-backed workplace solutions company, offers a range of ventilated, powered, and modular
• Office Pods. With pods for focused individual work, meetings, and open office layouts, ROOM helps
• create customizable office spaces for improved productivity and collaboration. With the onset of the
• COVID-19 pandemic and subsequent office closures, ROOM faced a challenging period. To navigate
• industry and market changes, they needed funds to pivot their product offerings and increase
• valuation before their next equity round.
• Company Background
• Burdened with an existing bank facility that wasn’t serving their needs, ROOM sought a new lender to
• help them manage cash flow and bring in additional capital.
• ROOM also planned to kick off a revenue pipeline rebound going into 2021 alongside the “return to
• office” movement. They connected with 5th Line to receive guidance engaging lenders and negotiating
• favorable loan terms. Their goal was to secure capital to expand their international sales channels and
• adapt to changing market needs without further diluting their equity.
• Objective

Top Concerns:

• Facing a changing market, ROOM needed funds to innovate, expand internationally, and introduce new product offerings.
• Their current bank facility was insufficient, and they wanted to work with an alternative lender.
• Coming up on another equity round, they didn’t want to dilute more equity and needed funding to get there.
• 5th Line turned to our network of lenders and delivered a tailored
• financial solution for ROOM
• 5th Line’s Solution
• 5th Line helped ROOM secure a term loan credit facility to take
• advantage of new revenue opportunities coming out of the COVID-
• 19 pandemic. This funding empowered ROOM to expand their
• international sales channels and bring innovative new products to
• market.
• By leveraging renewed financial support, ROOM was able to
• navigate changes in demand and position the company for future
• growth. They also increased their valuation and set the stage for a
• successful equity round.
• Despite the challenging times for the industry, ROOM was able to
• acquire funding and increase valuation
• 5th Line helped ROOM secure a term loan credit facility that fueled
• innovation and enabled the company to pivot, leading to a larger
• equity round
• 5thline.co | info@5thline.co | © All Rights Reserved. 5th Line Capital, LLC 2024
• The Results