$880,000 Term Loan

An Ontario based retailer had the opportunity to acquire 5 retail stores in the Maritimes from a bankruptcy.

TCE Capital was approached to provide funding for the acquisition, remodelling costs and additional inventory.

Background security was available to allow TCE Capital to provide a firm Terms Letter in the 48 hour window available to meet all Court and other deadlines.

The acquisition went smoothly with limited disruption to their retail Maritime client base. ¬†Our client has expressed their appreciation for both the speed and quality of TCE Capital’s financial solution.