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Lendified Holdings Inc. and Liquid Capital Corporation Announce $20 Million Credit Facility

August 23, 2016

Lendified Holdings Inc. (“Lendified”), a Canadian-based lending technology company offering working capital and related financial services products to the small business community, completed a $20 million credit facility with Liquid Capital Corporation (“Liquid Capital”). Liquid Capital will provide the new credit facility for working capital loans underwritten by Lendified. Concurrently, Lendified also completed an additional debt financing in the amount of $4 million through a non-brokered private placement (collectively, the “Financings”).

Wildeboer Dellelce LLP acted as counsel to Lendified in connection with the Financings with a team that included Chris Partridge, James Padwick and Steve Vasilevski (debt products), Perry Dellelce, Geoffrey Cher and Luigi Valente (corporate/securities) and Richard Lewin (tax).