On August 22, 2024, Flow Capital Corp. (“Flow”), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, entered into a loan agreement with TBK Bank, SSB (“Triumph”), as lender. Pursuant to such loan agreement, Triumph established in favour of Flow a revolving committed credit facility in the principal amount of up to US$15 million.
The proceeds of the financing will be used by Flow to finance additional investments and for general operating and corporate purposes.
Cassels acted for Triumph.