MONTREAL, QC / ACCESSWIRE / August 25, 2016 / IOU FINANCIAL INC. (TSXV: IOU) (“IOU” or “the Company”), a leading online lender to small businesses (IOUFinancial.com), announced today its results for the three and six month period ended June 30, 2016. “IOU believes loan quality is imperative to achieving its long term objective of loan […]
Financial Results for the Three and Six Month Period Ended June 30, 2016 Read More
Montreal, May 25, 2016 – IOU FINANCIAL INC. (“IOU” or “the Company”; TSX-V:IOU), a leading online lender to small businesses, announced today its results for the first quarter ended March 31, 2016. “IOU continues to lead at the forefront of the fintech revolution taking hold in North America. The first quarter of 2016 saw strong
Financial Results for the First Quarter Ended March 31, 2016 Read More
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
$50 Million Credit Facility with Midcap Financial Read More
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
Fourth Quarter 2015 Year End Results Read More
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
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
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
IOU Financial Grants Stock Options Read More
Montreal, November 23, 2015 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V), a leading online lender to small businesses, announced today its results for the three and nine month period ended September 30, 2015. Loan originations for the third quarter ended September 30, 2015 were US$45 million, representing an increase of 108%
IOU Financial Inc.’s Results for the Three and Nine Month Period Ended September 30, 2015 Read More
MONTRÉAL, Québec, November 20, 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 second tranche of its previously announced private placement of 10% convertible unsecured subordinated debentures (the “Debentures”) for gross proceeds of $1,292,000
MONTRÉAL, Québec, November 2, 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 its previously announced private placement of 10% convertible unsecured subordinated debentures (the “Debentures”) for gross proceeds of $9,208,000 (the “Offering”). The Offering