TIMIA Capital (TSE:MONT) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Montfort Capital Corporation has announced a new senior secured revolving credit facility for its subsidiary, Brightpath Capital Corporation, with an initial commitment of C$100 million and an option to increase to C$200 million provided by Atalaya Capital Management LP. The funds will fuel Brightpath’s growth in the Canadian mortgage market, specifically in Ontario and British Columbia, with a term of 36 months. Atalaya’s partnership is seen as a significant step for Brightpath to scale its operations and capture market opportunities in Canada.
For further insights into TSE:MONT stock, check out TipRanks’ Stock Analysis page.