Biggest asset-based lenders in B.C. in 2016

Ranked by total staff in B.C. in 2016

Part of the Top 100 money sources in B.C. section, published in BIV on January 26, 2016. Sources: Interviews with banks below and BIV research. Other firms may have ranked but did not respond to information requests by deadline.

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Rank '16FootnotesCompanyTop local executive(s)Type of businessRange of financing availableYear foundedTotal staff in B.C. '15Total staff in B.C. '16
1 Credicor Financial Corp
889 Harbourside Dr Suite 305
North Vancouver, BC V7P 3S1
Phone: 604-982-3000
Fax: 604-990-9675
James Jang (president) Equipment financing (loans), equipment leasing, business working capital loans, asset-backed lending loans $1,000 to $5 million; core area of expertise is $1,000 to $250,000 1998 67 73
2 Women's Enterprise Centre
1726 Dolphin Ave Suite 201
Kelowna, BC V1Y 9R9
Phone: 250-868-3454
Fax: 250-868-2709
Laurel Douglas (CEO); Cecilia Mkondiwa (director of program delivery) Offering skills development, business loans up to $150K, free business guidance, resources, mentoring, networking and events Loans up to $150,000 1995 15 15
3 Company name: Wholly owned subsidiary of Scotiabank Roynat
650 Georgia St W Suite 2320
Vancouver, BC V6B 4N8
Phone: 604-717-6760
Fax: 604-717-6761
Derek Strong (regional director) Provides non-traditional financing for growth and transition, acquisitions and divestitures, restructuring of debt and equity capital, expansion and strategic partnerships $500,000 to $50 million 1962 12 12
4 Company name: Previously Varion Capital Corp.; acquired by Accord Financial in February 2014 Accord Financial, Equipment Finance
889 Harbourside Drive Suite 305
North Vancouver, BC V7P 3S1
Phone: 604-982-3010
Fax: 888-835-9757
James Jang (general manager); Simon Hitzig (president and CEO) Near prime equipment leasing, working capital loans (business), equipment loans, equipment ABL loans $1,000 to $500,000 2004 8 8
5 InstaFund Financial (Commercial)
1040 Georgia St W Suite 220
Vancouver, BC V6E 4H1
Phone: 604-687-2020
Fax: 604-687-2070
Alexander Hayne (president and fund manager) Commercial mortgages, land financing, construction financing, Canadian Mortgage and Housing Corp. financing, mezzanine financing, limited partnerships $1 million to $25 million secured by commercial mortgages 1993 8 8

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Business in Vancouver makes every attempt to publish accurate information in the List, but accuracy cannot be guaranteed. Lists are researched by Carrie Schmidt and Anna Liczmanska. For questions or to provide feedback, please contact us by email,

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