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Wells Fargo Business Credit Canada Closes Accounts Receivable Purchase of up to $45 Million

Published: 05/12/2009

By Bogdan Teofilovici

Wells Fargo Business Credit Canada ULC entered into an account purchase agreement with IQT, Ltd. dated as of May 6, 2009, for the purchase of up to $45,000,000.00 in the aggregate of accounts receivable from IQT, Ltd.

Cassels Brock acted for Wells Fargo with a team that included Bogdan Teofilovici (Financial Services), Daniel Bourque (Business) and Auriol Marasco (Articling Student).