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Overview

Lendified Inc. and Clearflow Commercial Finance Corp. Announce $60 Million Credit Facility

October 18, 2017

 

Lendified Inc. ("Lendified"), a Canadian-based lending technology company offering working capital and related financial services products to the small business community, through its wholly-owned subsidiary First Return Inc., secured a $60 million credit facility with Clearflow Commercial Finance Corp. ("Clearflow"). Clearflow will provide the new credit facility to fund working capital loans delivered through Lendified's online platform (the "Credit Facility").

 

Wildeboer Dellelce LLP acted as counsel to Lendified in connection with the Credit Facility with a team that included Perry Dellelce, James Padwick, Ryan Trimble and Joel Fraser.