FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Knightsbridge Capital Group Announces $100MM Credit Agreement with BCI

February 13, 2020, 09:12 AM
Filed Under: Industry News

Knightsbridge Capital Group, an asset-based lender based in Vancouver, is pleased to announce that it has entered into a credit agreement with British Columbia Investment Management Corporation ("BCI") for a $100 million operating facility to leverage one of its asset-based funds - Maynbridge Capital Inc.

"We are very excited to have found a significant local partner to help fuel the growth of our unique lending platform," said Dean Shillington, President & Founder of Knightsbridge Capital Group and Maynbridge Capital Inc. "We have developed a very successful track record in finding unique ways to provide financial support to businesses through their darkest hour, and this facility will allow us to grow our platform and continue supporting businesses across the country through challenging times."

Chris Beauchemin, Vice President, Fixed Income & Foreign Exchange at BCI added "As BCI builds out our direct lending business for our clients, we value working with successful local businesses such as Knightsbridge Capital Group."

Raymond James' Private Capital Solutions Investment Banking Group advised Knightsbridge Capital Group on the new leverage facility.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.