Trade Finance Solutions Inc. (TFS), announced the closing of a C$10,000,000 credit facility to a financial technology company based in western Canada. The credit facility will provide the company the liquidity to continue to grow its business across Canada in a profitable manner.
The company is well established with a customer base across most provinces in Canada with an unique business model in assisting its clients to meet their financial goals, all supported by a strong management team with extensive industry experience, progressive IT delivery model and strong partnerships in the local community. The Company was referred to TFS by a corporate finance & investment banking firm.
Steve McDonald, president of Trade Finance Solutions Inc. said, “closing this transaction validates our position in supporting mid-market companies with their growth opportunities in Canada, USA and Europe, as we continue to build our presence. In this competitive financing market place, it is imperative for us to deliver value added, competitively priced and well-structured working capital solutions, while delivering financial solutions to our clients and professionals who rely on our ability to execute in a timely manner.”
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