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.