Pivot Financial
Private lending for small to mid-sized Canadian enterprises.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$6.0m Valuation: $6.0m | Acquisition | ||
| Total Funding | 000k | ||
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Pivot Financial Inc. is a private lending company established in 2015, focusing on the financing needs of small to medium-sized enterprises (SMEs) in Canada. The company provides tailored financing structures for businesses with 1-100 employees and revenues between $1 million and $100 million. It offers senior secured term loans and revolving credit facilities, with investment sizes ranging from $500,000 to $10 million.
The firm was founded in Mississauga, Canada, by Ken Thomson, who has over 20 years of experience in the investment industry. Pivot Financial operates as an asset manager, deploying funds on behalf of institutional investors, retail investors, and high-net-worth individuals. The company manages all aspects of the borrower relationship, from origination and underwriting to ongoing portfolio management. Its financing solutions are designed for various use cases, including operational turnarounds, growth capital, refinancing, and acquisitions. In September 2021, Pivot Financial was acquired by Timia Capital for $6 million and now operates as a subsidiary.
Keywords: private lending, asset management, SME financing, business loans, corporate finance, debt financing, working capital, acquisition financing, portfolio management, credit underwriting, mid-market lending, senior debt, revolving credit, term loans, Canadian business financing, institutional investors, alternative finance, growth capital, refinancing solutions, special situation financing
