Liquid Capital, a Canadian-founded trade finance and asset-based lending company, has acquired the assets and associated goodwill of TCE Capital a boutique asset-based lender based in Toronto.

“We are pleased to have completed the acquisition of certain of TCE Capital’s assets, while bringing the knowledge and expertise of TCE Capital’s senior management and risk team into Liquid Capital,” said Sol Roter, CEO and co-founder of Liquid Capital. “This transaction is part of the continued evolution of Liquid Capital’s trade finance and asset-based lending solution set. Our principal network and clients will benefit from our expanding product line, and our continued ability to be a creative and driving force in the industry.”

Since 1999, Liquid Capital Corporation has been operating in the factoring and trade finance business.

TCE Capital has provided alternative funding across Canada since its inception in 1992 and has been a pioneer in developing financing products aimed at Canadian entrepreneurs.