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Crystal Financial Agents Senior Credit Facility for Ashley Park

May 07, 2019, 08:45 AM
Filed Under: Real Estate

Crystal Financial funded a C$97.5 Senior Term Loan for Ashley Park Operations Corp.,one of the leading mortgage origination and services platforms for the Canadian residential real estate market. Operating with proprietary technology and with extensive knowledge of its markets, APOC offers a customizable business process management solution for multiple banks and other mortgage lenders.

Since its inception in 2005, APOC has experienced rapid growth. The Company sought a new lending partner to fund its operations and provide a return of capital to its shareholders.

Crystal acted as Administration and Collateral Agent for a C$97,500,000 Senior Term Loan.

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