Liquid Capital Names Flomen AVP/ Risk
Liquid Capital hired Adam Flomen as assistant vice-president, Risk. He will be based in the company’s Toronto headquarters.
Liquid Capital hired Adam Flomen as assistant vice-president, Risk. He will be based in the company’s Toronto headquarters.
Liquid Capital provided a $20 million credit facility to Lenifieid Holdings to support the growth of its small business lending activities in Canada.
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.
Liquid Capital recently closed six transactions totaling $3.15 million.
Liquid Capital funded six facilities for a total of $6.18 million.
Flexiti Financial entered into an agreement with Liquid Capital for a new credit facility, initially up to $25 million. The facility will be used to finance the warehousing of receivables originated by Flexiti pending their securitization.
Liquid Capital has added a new position and a new officer. Glen Dalzell joined as VP of Sales and Marketing.
Liquid Capital reported that it closed nine transactions during the month of August totaling $5.9 million in factoring credit facilities.
Liquid Capital’s Scott Kaufman believes international factoring is now entering the mainstream, thanks
to greater process transparency. He outlines common fears associated with doing business overseas —
such as risk, regulation and expenses — and discusses strategies to alleviate international anxiety.
Liquid Capital provided $1.97 million in recent factoring facilities.