Innovative fintech platform creating high-yield lending opportunities
“We are pleased to introduce you Montfort as a leading innovator in specialty lending,” said Mike Walkinshaw , CEO of Montfort Capital Corporation. “Including pending acquisitions, our business will have more than tripled in the past year 450 million dollars in assets as we leveraged our expertise and scalable lending and servicing platform beyond technology lending. As a core element of our growth model, we have combined focused and experienced management teams and leveraged advanced technology to deliver superior fee-related returns.”
TIMIA has applied for ticker symbol changes to the TSX-V and OTC, which expects Montfort common stock to trade on the TSX Venture Exchange under the new ticker symbol “MONT” and on the OTCQB Exchange under the ticker symbol “MONTF”. . The Company has also applied to have its A Preferred Shares traded on the TSX Venture Exchange under the new ticker symbol “MONT.PR.A”. The Company expects to announce dates for symbol changes, which will take effect upon confirmation by exchanges.
Montforts Mission is to create value for investors by building and managing specialty finance brands while leveraging a technology-enabled lending platform to reduce costs and improve performance. Montfort’s brands, beginning with Timia Capital and Pivot Financial, span multiple credit sectors and are therefore resilient in their diversification.
Private credit is an attractive asset class for privately negotiated debt financing from non-bank lenders Montforts group of companies. Montfort is committed to building a family of personal loan brands that provide personal loans to diversified market segments. It offers equity investors access to an early-stage private loan manager growth opportunity that has not been readily available in the past. Plus, unlike private companies, as a public company Montfort offers:
- Transparency – Montfort Investors can rest easy and get an unprecedented insight into our portfolio.
- Flexibility – We have more financing options available to bring companies into our group.
- Creative Extension – We have the opportunity to acquire additional private lending companies.
- Continuous operational improvement – Our fintech platform enables active credit monitoring for market-leading returns.
TIMIA also announces that it has entered into an advertising and awareness campaign agreement (the “Agreement”) with Dig Media Inc. dba Investing News Network (“INN”). INN is a private company headquartered in Vancouver, Canada dedicated to providing independent news and information to investors since 2007.
INN will introduce the company to the INN audience of educated, active investors. Using a variety of methods including improved advertiser profiling, news marketing, website and newsletter promotions and dedicated emails, INN will encourage its target audience to engage directly with the company to consider investing in the company draw. INN does not provide investor relations or market making services as defined in the policies of the TSX Venture Exchange (the “TSXV”). The engagement is subject to acceptance by the TSXV.
Under the terms of the agreement with INN, the Company has agreed to pay INN $48,000 for the 12-month promotion, payable in cash in installments of $4,000 per month. All payments will be made from existing working capital. INN and the Company on arm’s length terms and INN has no interest in the Company’s securities.
About Montfort Capital Corporation
Montfort manages a diversified family of specialist private lending brands that employ focused strategies and experienced management teams combined with advanced technology to improve fee-related performance. Montfort facilitates transparency for all of its investors through public company reporting. For more information, see www.montfortcapital.com
The company democratizes private lending for investors by offering a wide range of specialty private lending opportunities with transparency and efficiency facilitated by the company’s proprietary technology platform. These high-yield loan opportunities are delivered through operational divisions: Timia Capital provides revenue-based investments for fast-growing, business-to-business Software-as-a-Service (or SaaS) companies in North America and Pivot Financial, which specializes in asset-based personal loans for middle-market borrowers Canada . The Company employs funds on behalf of limited partnerships, institutions, retail investors, high net worth individuals, its management team and shareholders. For more information on TIMIA and SaaS lending, visit www.timiacapital.com . For more information on Specialty Loans and Pivot, visit: www.pivotfinancial.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information and statements in this press release contain and constitute forward-looking information or forward-looking statements within the meaning of applicable securities laws (collectively, “Forward-Looking Statements”). Forward-looking statements usually contain words such as “believe”, “expect”, “anticipate”, “plan”, “intend”, “continue”, “estimate”, “may”, “will”, “should”, “ongoing”. ‘ and similar expressions and includes in this press release all statements (express or implied) regarding the Company’s name change, the Company’s new trade symbols and the timing of the name and trade mark changes, the completion of future acquisitions and the Company’s future growth , the development of private credit brands and the benefits of the Company’s arrangement with INN. Forward-looking statements are not guarantees of future performance, actions or developments and are based on expectations, assumptions and other factors that management currently believes to be relevant, reasonable and given the circumstances, including but not limited to the following assumptions: that the Das Company and its investees are able to achieve their respective future goals and priorities, assumptions about overall economic growth and the absence of unforeseen changes in the legal and regulatory framework for the company.
Although management believes that the forward-looking statements are reasonable, actual results could differ materially due to the risks and uncertainties inherent in and associated with Timia’s business. Significant risks and uncertainties affecting the forward-looking statements contained herein include, but are not limited to: the conditions of the proposed acquisitions will not be satisfied; that the Company’s proposed acquisitions will not be completed; that the Company’s name change will not provide anticipated benefits; that the Company’s proposed acquisition targets will not achieve their growth and profitability goals; the Company does not have insufficient financial resources to complete the proposed transaction and achieve its objectives; intense competition in all aspects of business; dependence on limited management resources; general economic risks; new laws and regulations; and the risk of litigation. Although Timia has attempted to identify factors that could cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated , predicted or estimated or intended. Also, many of the factors are beyond Timia’s control. Accordingly, readers should not place undue reliance on forward-looking statements. Except as required by law, Timia undertakes no obligation to restate or update any forward-looking statements as a result of new information or events after the date of this release. All forward-looking statements contained in this press release are qualified by this cautionary statement.
SOURCE Timia Capital Corp.
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