Hillmount Capital provided a 1st mortgage of $3,000,000 to AgMedica Bioscience Inc. and affiliated entities as part of the company’s CCAA exit plan. The financing was provided for the cannabis…
The Situation: The borrower required funds for debt consolidation, tax arrears, and working capital for a business venture. The borrower owns 11 residential rental properties, all carried 1st mortgages with…
The following update is based on our ongoing discussions with borrowers and industry peers, but we are ultimately taking direction from the government, financial regulators, and our stakeholders. Our observations…
Is a second mortgage the right option for your client? It’s a question and a dilemma for mortgage brokers, financial advisors, and debt counsellors as they endeavor to find the…
We’re pleased to announce that you can now submit directly to Hillmount Capital through Velocity and Expert for mortgage financing. We’re excited to be part of these online platforms that…
The following update is based on our ongoing discussions with borrowers and industry peers, but we are ultimately taking direction from the government, financial regulators, and our stakeholders. Our observations…