Entries by Phil Marleau

IOU Financial Ranks No.8 on the 2016 PROFIT500

MONTREAL, Québec, September 19, 2016 – IOU Financial Inc. (TSX Venture Exchange: IOU) a leading online lender (IOUFinancial.com) to small business in the United States and Canada, announces today that Canadian Business and PROFIT ranks IOU Financial as the #8 fastest growing company on the 28th annual PROFIT500, the definitive ranking of Canada’s Fastest-Growing Companies. […]

IOU Financial Partners With RestaurantLink Providing Restaurants Nationwide Quick Access to Capital

IOU Financial Offers RestaurantLink Customers Alternative Funding Montreal, QC, Sept. 12, 2016 – IOU Financial (TSX-V: IOU), a leading online lender (IOUFinancial.com) to small businesses in the United States and Canada, is pleased to announce its strategic partnership with RestaurantLink (RestaurantLink.com). Since 1995, RestaurantLink has led the foodservice industry in the USA, with procurement and […]

IOU FINANCIAL OFFERS SMALL BUSINESS LOANS IN CANADA

MONTRÉAL, Québec, September 7, 2016 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU or the “Company”) a leading online lender (IOUFinancial.com) to small businesses in the United States is pleased to announce its entrance into Canada. “We are very excited to have the opportunity to serve Canada and provide access to capital not otherwise […]

$50 Million Credit Facility with Midcap Financial

IOU Financial enters into $50 million credit facility with Midcap Financial Facility increases availability of capital to support growth, and lowers funding cost of capital Marks completion of important strategic objective for IOU management NOT FOR DISTRIBUTION IN THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTRÉAL, April 22, 2016 – IOU Financial […]

Fourth Quarter 2015 Year End Results

IOU Financial Inc. Releases Financial Results for the Fourth Quarter and Year Ended December 31, 2015 Loan originations in 2015 increased by 47% year over year to a record $146.4 million. Total loans under management in 2015 was approximately $92.7 million, an increase of 63% over the previous year. Increase of 94% in year-over-year gross revenue to […]

IOU FINANCIAL REFILES ITS THIRD QUARTER FINANCIAL STATEMENTS AND PROVIDES FINANCIAL DISCLOSURE UPDATE

MONTRÉAL, Québec, December 30, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, announces that it has refiled today its unaudited condensed interim consolidated financial statements for the nine months ended September 30, 2015 and 2014 (the “Q3 Financial Statements”), which can be […]

IOU FINANCIAL ANNOUNCES THIRD AND FINAL TRANCHE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $1,000,000

MONTRÉAL, Québec, December 16, 2015 – IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, is pleased to announce that it has closed a third and final tranche of its previously announced private placement of 10% convertible unsecured subordinated debentures (the “Debentures”) for gross proceeds […]

IOU Financial Grants Stock Options

Montreal, Quebec, November 26, 2015 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced the grant of options pursuant to its Stock Option Plan. The Company granted options entitling directors, officers, employees and consultants to acquire up to an aggregate of 1,563,500 Common Shares of the Corporation; these options […]