Century Services Inc. » Recent Transactions

Recent Auction – Demers Metal Fab Inc

ader — Mon, 08 Mar 2010 05:40:11 +0000

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Recent Transaction – Furniture Manufacturer

admin — Tue, 07 Jul 2009 19:31:59 +0000

Amount:

$4,000,000

Description:

Factoring facility to wood furniture manufacturer which supplies to major Canadian retailers. Purchase of distressed bank debt.

Recent Transaction – Fuel Supplier

admin — Fri, 03 Jul 2009 23:18:40 +0000

Amount:

$5,600,000

Description:

Providing factoring facility to a federal government jet fuel supplier.

Security:

Accounts receivables.

Recent Transaction – Oilfield Service Equipment

admin — Fri, 03 Jul 2009 22:59:36 +0000

Amount:

$25,000,000

Description:

Purchase of bank debt and security. Converted to operating and factoring facility to Canadian parent to fund North American operations.

Security:

Oilfield service equipment, real estate and Canadian & US accounts receivable.

Recent Transaction – Logging Equipment

admin — Fri, 03 Jul 2009 22:35:28 +0000

Amount:

$14,000,000

Description:

Purchase of bank debt and security within CCAA proceedings.

Security:

Equipment, bill13 rights, inventory, real estate and accounts receivable.

Recent Transaction – Art Replicator and Reseller

admin — Tue, 28 Apr 2009 21:49:56 +0000

Amount:

$1,200,000

Description:

Factoring facility to fund ongoing operations.

Security:

Receivables, equipment and inventory.

Repayment:

Collection of receivables over 12 months and final balloon payment.

Recent Transaction – Real Estate Developer

admin — Thu, 23 Apr 2009 20:59:01 +0000

Bridge loan to assist in the acquisition of raw land for future development

Recent Transaction – Aircraft Charter Business

admin — Thu, 23 Apr 2009 20:58:22 +0000

Bridge loan to facilitate the acquisition of new passenger aircraft

Recent Transaction – Construction Equipment Dealer

admin — Thu, 23 Apr 2009 20:57:15 +0000

Bridge loan to refinance and restructure dealer floor plan obligations

Recent Transaction – Oil Patch Contractor

admin — Thu, 23 Apr 2009 20:56:35 +0000

Bridge loan and factoring facility to payout secured creditors