News

Financial Results for the Three and Six Month Period Ended June 30, 2016

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 […]

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$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

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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 REFILES ITS THIRD QUARTER FINANCIAL STATEMENTS AND PROVIDES FINANCIAL DISCLOSURE UPDATE Read More

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

IOU Financial Inc.’s Results for the Three and Nine Month Period Ended September 30, 2015

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%

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IOU FINANCIAL ANNOUNCES SECOND TRANCHE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $1,292,000

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

IOU FINANCIAL ANNOUNCES SECOND TRANCHE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $1,292,000 Read More

IOU FINANCIAL ANNOUNCES THE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $9,208,000

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

IOU FINANCIAL ANNOUNCES THE CLOSING OF ITS PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURES FOR GROSS PROCEEDS OF $9,208,000 Read More