$1,900,000 Bridge Facility
Extended to a Canadian company who provide refrigerated and freezer storage space for food products across North America. Pillar’s faciltiy helped them expand their operations and was supported by real estate.
$2,350,000 DIP Facility
Provided to a Monitor appointed to handle CCAA filings for a company in eastern Canada with various residential and commercial real estate holdings. This facility will provide cash flow for professional fees as they work through the process of selling assets. Secured by real estate.
$3,250,000 Bridge Facility
Funded a group of long term care facilities in the Maritimes to provide working capital to refurbish their buildings and prepare them for sale. Secured by real estate.
$6,100,000 Bridge Facility
Funded for a construction company in Newfoundland who offer many services, including site development, environmental clean-up, heavy equipment rentals and more. Supported by equipment and real estate.
$2,250,000 Bridge Facility
Extended to a trucking company based out of Calgary that offers freight and logistics services across North America to support working capital needs. Secured by real estate.
$4,000,000 Bridge Facility
Extended to a manufacturing facility in Ontario specializing in the development of manufacturing systems tailored for the healthcare and automotive industries. The company leveraged real estate to secure funding, which was used to support working capital.
$8,000,000 Bridge Facility
Funded to support the acquisition of a Calgary Class A office building out of receivership, with plans to upgrade the space and several pre-committed leases . Secured by real estate.
$2,500,000 Bridge Facility
Funded an Alberta business who operates both a garden center and landscaping company with additional operations in interior BC. Secured by both equipment and real estate.
$5,125,000 Bridge Facility
Provided an Alberta agricultural hauling and packaging company with operations throughout Western Canada and the United States to support a refinancing of existing creditors. Secured by equipment.
$1,450,000 Bridge Facility
Extended financing to an Ontario-based company that owns investment properties strategically located in high-traffic areas of downtown Toronto, aimed at refinancing existing creditors. Secured by real estate.
$350,000 Bridge Facility
Provided a British Columbia auto wash company to expand their highway facing operation and upgrade existing facilities. Secured by real estate.
$1,500,000 Bridge Facility
For a tourism company based in Western Canada to facilitate extensive renovations and upgrades to newly acquired properties. Supported by real estate.
$2,750,000 Bridge Facility
Funded for an Ontario security services firm that offers secure transportation, threat assessments, and security training to clients in Canada and worldwide. Supported by equipment and real estate.
$2,200,000 Bridge Facility
Extended to an Ontario real estate holding company in order to provide the working capital required to complete construction on a new home. Supported by real estate.
$100,000 Bridge Facility
Funded under Pillar Capital Corp’s COVID-19 Micro-Loan initiative and extended to an Alberta farming operation to provide working capital. Supported by machinery.
$1,000,000 Bridge Facility
Extended to a growing Alberta entity that is responding to COVID-19 by providing medical-grade PPE and other supplies to front line healthcare professionals. Supported by real estate.
$2,500,000 Bridge Facility
Extended to an Alberta-based real estate holding company with several related entities. This bridge facility is extended to provide working capital towards the construction of an agricultural processing facility and is supported by real estate.
$3,000,000 Bridge Facility
Extended to an Ontario transport company that primarily serves the grocery industry in Ontario, QC, AB and several states. This facility is extended to refinance an existing lender and respond to increased demand in the grocery industry due to COVID-19. Supported by equipment.
$4,000,000 Bridge Facility
For a diversified energy, midstream environmental, and infrastructure service provider in Alberta to purchase equipment of receivership proceedings. Supported by machinery and equipment.
$1,750,000 Bridge Facility
Extended to an Alberta company specializing in oil and gas construction and fabrication, to assist with working capital requirements. Supported by real estate.
$4,500,000 Bridge Facility
For an agricultural partnership based in Saskatchewan to assist with the acquisition of agricultural properties with diverse cultivation potential. Supported my real estate and equipment.
$3,325,000 Bridge Facility
Extended to an Alberta rancher with a large amount of farmland in order to refinance an existing creditor and provide additional working capital. Supported by real estate.