BOAT Capital

Overview

990 Asset Management Inc. (“990 Asset”) through a public-private partnership with the Business Development Bank of Canada manages BOAT Capital Limited Partnership (“BOAT”).  BOAT was established to operate the Funding Platform for Independent Lenders (“F-PIL”).  F-PIL was created to provide capital markets-based financing solutions to small and medium-sized finance companies servicing the needs of commercial users of both vehicles and equipment that are necessary to improve their productivity and are critical to their success.

Through BOAT, 990 Asset manages all aspects of the platform, including the on-going structuring, underwriting, administration, monitoring and surveillance of financing provided through F-PIL.

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