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Press Release Archive

Waypoint Capital becomes Preferred Debt Fund for Meridian

News Release – January 21, 2009

Calgary, Alberta 

 

Meridian Merchant Capital Canada Ltd. today announced a preferred relationship with Calgary based debt provider WayPoint Capital. This new source of capital augments Meridian’s existing “right of first refusal” relationship with it’s affiliated fund Trinity Capital Canada LP, equity fund Marin Capital, as well as Meridian’s ongoing relationships with over 100 equity, debt, sub-debt, asset based lenders and other financial institutions.

“This strategic alliance announcement today with WayPoint Capital further strengthens our strategy in 2009 to improve direct access for our clients to the right capital at the right time”, explained Managing Director of Corporate Finance for Meridian Canada, Scott Larson. “We are finding great Canadian companies that are looking for a financing solution that allows them to continue their growth and take advantage of opportunities in the marketplace. The team at WayPoint have many years of experience in creative forms of asset based lending, receivables financing, and making sure that clients have the cash flow they need to grow”.

WayPoint Capital Corporation
solves cash flow challenges for growing businesses. “We coordinate capital infusion and use financial tools to help successful companies take advantage of business opportunities and pay current obligations,” commented Brent Buhler, a principal of the company. “WayPoint offers alternative funding that is easier, quicker and more flexible than conventional bank financing. With our specialized accounts receivable financing program, there is no debt repayment, no compromise to your balance sheet, or any long-term agreements or delays associated with other methods of raising capital. WayPoint allows the creation of cash flow for the growth needs of your company today.

“We see tremendous opportunities in the marketplace and are very pleased to be teaming up with Meridian Canada,” added Mr. Buhler. “We’ve gotten to know the team through working on transactions and are honored to be invited to join Meridian’s stable of preferred capital sources.”


For more information visit www.meridiancanada.com
Or contact Randy Lennon at 403-538-2130