TORONTO — February 1, 2024 — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, is pleased to announce the successful closure of a C$5.25M senior note in CrowdProperty Limited (“CrowdProperty”), a premier marketplace lending software platform company that bridges the gap between capital providers, including individuals and institutions, and real estate developers in the UK.
Over its 10-year operating history, CrowdProperty has gained industry-wide recognition for its cutting-edge platform that facilitates direct lending to residential development projects by empowering individuals and institutions to make informed decisions based on CrowdProperty’s transparent, efficient, and rigorous underwriting processes. By doing so, CrowdProperty helped to significantly broaden the funding avenues available to small and medium-sized developers.
This capital infusion will help CrowdProperty accelerate its commercial activities, enhance the robustness of the technological infrastructure, and reinforce the foundation for sustained future growth.
Flow Capital invites growing technology companies, seeking covenant light founder-friendly growth capital, to apply for funding directly on their website at www.flowcap.com/get-funding
About CrowdProperty
CrowdProperty is a leading platform as a service (“PaaS”) company facilitating marketplace lending for property projects in the UK. Its innovative platform connects both institutional and private investors with carefully vetted property development opportunities, offering a transparent and efficient way to engage in the real estate market. CrowdProperty is committed to delivering high-quality, secured investment opportunities to lenders on its platform, and has built a strong reputation for its meticulous project assessment and due diligence processes. The company’s approach democratizes access to property investment, allowing a broad range of investors to participate in the real estate market alongside seasoned developers.
For more information, please visit www.crowdproperty.com.
About Flow Capital
Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to emerging growth businesses. For more information on Flow Capital, please visit www.flowcap.com
For further information, please contact:
Flow Capital Corp.
Alex Baluta
Chief Executive Officer
alex@flowcap.com
47 Colborne Street, Suite 303,
Toronto, Ontario M5E 1P8
Certain statements herein may be “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Flow or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Flow assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.
