Etiket: lenders
Alternative lenders gain ground at the expense of banks
The combined effect of the explosion in the key rate and the gradual tightening of mortgage rules in recent years has resulted in increasing the market shares of non-traditional, or…
Canopy Growth signs agreements with its lenders to reduce its debt
(Smiths Falls) Canopy Growth said Friday it has signed agreements with its secured and unsecured creditors that should see it reduce its total debt by about $437 million over the…
Mortgage market | Non-traditional lenders are gaining ground
The tightening of financing conditions had the effect of favoring non-traditional lenders, which last year experienced higher growth in their mortgage volume than traditional mortgage lenders, confirms a new study.…
Dispute with disgruntled lenders | Bombardier dismissed by a New York court
Bombardier has not finished fighting with disgruntled lenders who claim to have been harmed by the numerous asset sales made by the Quebec aircraft manufacturer as part of its recovery.…
[Chronique de Gérard Bérubé] Push to alternative lenders
Fewer potential borrowers meet the eligibility criteria. The perceived rise in interest rates pushes them towards “alternative” lenders, and they stay there longer. At the Canadian level, “alternative” lenders were…
[Chronique de Gérard Bérubé] “Alternative” lenders in the crosshairs
The combined effect of the strong surge in house prices and the rise in mortgage rates is pushing an increased number of buyers towards “alternative” lenders. Nationally, insurance and finance…
Disgruntled lenders return to the charge against Bombardier
With a week to go until its year-end results are released, Bombardier could be embroiled in a legal dispute with disgruntled lenders who allege the company broke its word by…