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Maxium Financial Sells ABL Group to ClearFlow Commercial Finance

June 25, 2014, 07:19 AM
Filed Under: New Venture

ClearFlow announce that the receivables financing division of Maxium Financial Services has been purchased and incorporated into a significant new ABL company, ClearFlow Commercial Finance Corp.  The existing management team of Sandy Kanichis and Martin Rees will be joined in their new venture by fellow shareholder Glenn Petersen, co-founder of Nexcap Finance Corporation.
Petersen and other strategic investors bring considerable experience, with successful backgrounds in developing and delivering innovative solutions to the financial services sector.  Together, ClearFlow's management team brings unique experience and knowledge to receivables and supply chain financing in Canada.

Building on decades of experience in commercial and receivables finance, ClearFlow Commercial Finance Corp. is an exciting new Canadian company dedicated to helping businesses grow.

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