YESTERPAY HOLDINGS INC.
Receivables Financing is a growth industry, and worldwide the factoring market is growing at 7.5% year over year of which the U.S. and Canada represent 4.24%.1 (1 Source: Factors Chain International – Annual Review 2016 – https://fci.nl/downloads/annual-review-2016.pdf)
Yesterpay Holdings Inc. (“Yesterpay”) allows qualified investors to purchase bonds and invest indirectly, in financing the factoring business of CapitalNow Inc. (“CNI”). Yesterpay has been operating since 2012 and has been successful in raising funds for the purpose of lending the funds to CNI.
Yesterpay offers fixed rate 1, 2 and 3 year unsecured bonds that are tax-deferred-plan-eligible (RRSP, RRIF, TFSA).
This investment is offered through CVC to qualified individuals residing in Alberta and British Columbia.