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Evolocity Financial Group Closes New Senior Secured Banking Facility with Bank of Montreal

Published: 09/06/2017

Team: Andrew M. Reback, Jason Arbuck, Lauren Grossman, Daniel P. Cipollone

On September 6, 2017, Evolocity Financial Group, a leading financial technology company providing business loans and merchant cash advances to small and medium-sized Canadian merchants, established a new senior secured banking relationship with Bank of Montreal. Evolocity Financial will use this new funding to accelerate the growth of its SME financing programs and allow for greater flexibility in future product offerings.

Cassels Brock acted for Evolocity Financial with a team that consisted of Andrew Reback (Tax), Jason Arbuck, Lauren Grossman, and Daniel Cipollone (Financial Services).