Representative Matter

Pivotal Capital Closes $55 Million in Funding Facilities

July 13, 2022

On July 7, 2022, Pivotal Capital Corp., an independent Canadian commercial equipment finance company and wholly owned subsidiary of Axis Auto Finance Inc., secured $55 million in funding facilities with Mitsubishi HC Capital Canada, Inc. The deal is comprised of a Purchase facility totalling up to $50 million, and a Warehouse facility of up to $5 million.

Led by Jill Fraser, Aird & Berlis represented Pivotal Capital.