lists: Biggest asset-based lenders in B.C.
Biggest asset-based lenders in B.C.
RANKED BY | Total staff in B.C.
| Rank '13 | Company | Type of business | Investment criteria | Range of financing available | Sectors | Year founded | Staff '13 |
| 1 | GE Capital www.gecapital.ca | From asset-based leases and loans to highly structured financial transactions to access to the latest fleet management technology | Security, revenue, customers | Loans or leases from 10,000$ to $100,000,000 | Manufacturing, transportation, construction, oil and gas, IT, retail and services, health care | 1993 | 601 |
| 2 | JP Morgan Chase & Co www.jpmorgan.com | Commercial lines of credit including both cash-flow and ABL facilities, international asset management, international treasury services, Chase Paymentech solutions | Security, revenue, customers, profitability | Credit facilities range from $5 million to over $1 billion | All sectors excluding real estate and construction | 2006 | 19 |
| 3 | Pyx Financial Group Inc www.pyxfinancial.com | Provides funds to growing businesses based on accounts receivable | Security, customers | $50,000 to $3 million | Oil and gas, manufacturing, printing, trucking, software, publishing, medical service, IT, security, aerospace, etc. | 1993 | 18 |
| 4 | First Vancouver Finance www.fvf.ca | Factoring, A/R financing, A/R management, alternative financing solutions | Customers | $25,000 to $1.5 million | Manufacturing, distribution, machine shops, temp agencies, trucking, printing, all non-construction B2B industries | 1985 | 7 |
| 4 | Lanyard Financial Corp www.lanyardgroup.com | Bridge commercial and residential real estate loans in amounts of $1,000,000 to $15,000,000, with interest rates starting at 5.35% | Security | $1 million to $15 million | Real estate (commercial and residential) | 1999 | 7 |
| 6 | Century Services Inc www.centuryservices.com | Asset-based lending, appraisal and valuation services | Security, revenue, customers | $500,000 to $25,000,000 | Manufacturing, forestry, oil and gas, real estate, transportation, services | 1983 | 6 |
| 6 | InstaFund Financial (Commercial) www.instafundcommercial.com | Commercial mortgages, Land Financing, Construction Financing, CMHC Financing, Mezzanine Financing, Limited Partnerships | Security, revenue, profitability | $1 million to $25 million secured by commercial mortgages | Commercial real estate | 1993 | 6 |
| 6 | Liquid Capital Pacific Corp www.financingsuccess.ca | Accounts receivable financing, A/R and credit management, purchase order financing, leasing | Customers | $10,000 to $10 million | Distributors, manufacturers, oil and gas services, printing, trucking, security, other commercial services, construction, etc. | 2004 | 6 |
| 9 | Philmark Commercial Finance www.philmarkcapital.com | An alternative to conventional small business financing. Immediate cash for quality commercial A/R. Accounts receivable financing (factoring) | Revenue, customers | $5,000 to $500,000 short term | All business-to-business companies, service companies, manufacturers, construction trades, etc. Specializing in young or start-up companies | 1996 | 5 |
| 10 | Maple Trade Finance Inc www.mapletradefinance.ca | Financing for international and domestic accounts receivable, contracts & purchase orders. Pre-shipment, supply-chain, and operating facilities | Customers | Credit facilities range from $200,000 to over $20 million | All sectors excluding real estate and residential construction | 2007 | 2 |