Telesat Canada announced its entry into a new credit agreement that provides for the extension of credit under its senior credit facilities in the principal amount of up to $2,550 million. JP Morgan Chase Bank is acting as administrative agent and collateral agent for a syndicate of lenders.

GE Capital announced that it will provide a £7 million asset-based lending facility to T.O.M Vehicle Rental to support the company’s future growth plans.

Alliance Grain Traders announced that its wholly owned subsidiary, Alliance Pulse Processors, has entered into an extension agreement for its $130 million senior secured credit facility with The Bank of Nova Scotia and a syndicate of two other banks, HSBC Bank of Canada and Rabobank Nederland.

According to PayNet, Canadian commercial lending edged up for the fifth straight time in the final quarter of last year and reached its highest since 2009, suggesting a pickup in investment that should help keep the economy growing.

The Brick Group entered into a new five-year $100 million asset-based credit facility with BMO Bank of Montreal as the lead lender, replacing its previous facility with GE Capital.

Hart Stores announced that it has entered into a previously announced fully committed revolving credit facility in an aggregate principal amount of $25 million, made available by CIBC Asset-Based Lending, acting as agent and lender.

Venture Finance, an asset-based and invoice lender in the UK, is now ABN AMRO Commercial Finance. The re-branding brings the company in line with its parent firm ABN AMRO, an article on Creditman’s website said.

Vicwest Corp. has entered into a $100 million revolving credit facility, inclusive of a $10 million swing line, led by National Bank Financial with participation from National Bank of Canada, HSBC Bank of Canada Royal Bank of Canada, Business Development Bank of Canada and Export Development Canada.

GE Capital, Franchise Finance said it has provided a $15 million senior term loan facility to Temple Real Estate Investment Trust to support the acquisition of the Radisson Hotel & Suites Fort McMurray, Alberta.

Liquor Stores, a private liquor retailer in Canada, entered into a new $150 million revolving credit facility. The banks participating in the new credit agreement are Canadian Imperial Bank of Commerce, HSBC Bank Canada and National Bank of Canada.