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KITS Eyecare establishes CA$15m ABL facility with Bank of...

Kits Eyecare Ltd. ("KITS" or the "Company") a leading vertically integrated eyecare provider announced that it has entered into a new three-year Asset-Based Lending (ABL) facility with Bank of Montreal (BMO), effective November 24, 2025. The facility provides borrowing capacity...

#asset based lending

iFabric Corp secures new $2.5m trade finance facility

iFabric Corp. today announced that it has secured a new $2.5m trade finance facility with Ebury Partners Canada Ltd. (“Ebury’’).…

#Ebury#Hilton Price#iFabric Corp


Advantex signs up to US$20m receivables finance agreement

Advantex Marketing International Inc. (Advantex) has announced that its wholly owned subsidiary, Advantex Dining Corporation (Advantex Dining), has entered into a…

#Advantex Dining#Advantex Marketing International#receivables finance


Kinaxis announces new partnership with Workday

Kinaxis Inc. (Kinaxis), an AI leader in supply chain orchestration, today announced a new partnership with Workday that will combine…

#AI#decisions#disruption


SAP Taulia launches embedded receivables financing solution in Canada

SAP Taulia officially launched its receivables financing solution for Canadian customers with the release of SAP S/4HANA Cloud Public Edition…

#embedded receivables finance#ERP system#receivables financing


SAF Group launches asset based finance division

The SAF Group, a prominent alternative capital provider based in Canada, has announced a significant development in its business strategy:…

#asset based finance#Nur Khan#Ryan Dunfield


Next Hydrogen receives $5m working capital debt financing

Next Hydrogen Solutions Inc. (Next Hydrogen) has announced the conclusion of a $5m working capital debt facility deal with Export…

#Export Development Canada#Next Hydrogen#working capital


Invoice finance fintech FundThrough acquires tech firm Ampla

FundThrough, the leading fintech invoice factoring platform for small and medium-sized businesses (SMBs), today announced its acquisition of Ampla, the…

#Ampla#Anthony Santomo#Bluevine


Government strengthens Canada’s AML framework

On Friday last week, the Government of Canada announced the upcoming implementation of new regulatory amendments to strengthen Canada’s Anti-Money…

#AML#anti-money laundering#FINTRAC


Surecomp acquires ELCY to enhance digital trade finance

Surecomp has announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider. This strategic move reinforces Surecomp’s…

#digital trade finance#fintech#surecomp


Canada proposes new AML regulations for factoring companies

Canada is set to include factoring companies in its anti-money laundering (AML) and anti-terrorist financing (ATF) regime, a significant regulatory…

#AML/CTF#factoring#regulation


GreenFirst announces the extension of its ABL facility with...

GreenFirst Forest Products Inc. (GreenFirst) has announced the extension of its asset-based lending (ABL) facility with Bank of Montreal. The…

#asset based lending#Bank of Montreal#GreenFirst Forest Products

WFY’24: Factoring has begun to gain momentum in Canada

Factoring, though historically a niche product in Canada and often misunderstood, has begun to gain momentum in recent years. As…

#factoring#financial institution#National Bank of Canada

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