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|
|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|
|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|
|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|
|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|
|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|
|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)|
|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|
|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|
|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|
|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|