See the latest news on IOU Financial in small business lending.
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Apr 8, 2021
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it intends to repurchase up to $2,000,000 of its...
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Dec 3, 2020
IOU Financial Inc. ("IOU Financial" or the "Company") (TSXV: IOU) is pleased to announce that it closed on the date hereof its non-brokered private placement of 18,009,806 common shares of the...
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Nov 23, 2020
On a sequential basis, loan originations doubled to US$18.4 million in Q3 2020 from US$9.2 million in Q2 2020 as IOU gradually resumed loan originations to more businesses and geographical areas...
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Nov 4, 2020
Loan Purchase Agreement of up to US$150 million per year with Neuberger Berman fund enables IOU to capitalize on the economic recovery Neuberger Berman managed fund will also lead non-brokered...
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Sep 11, 2020
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today that it has amended the exercise price of the...
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Aug 27, 2020
IOU's Q2 2020 results were significantly impacted by the economic disruption of the COVID-19 pandemic, including reduced loan originations and increased provision for loan losses. However, IOU...
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Aug 4, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announces today that more than two-thirds of the value of the Company's...
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Jul 28, 2020
IOU FINANCIAL INC. ("IOU Financial" or the "Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), announced today the grant of options pursuant to its Stock Option...
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Jun 22, 2020
IOU FINANCIAL INC. ("IOU" or "the Company") (TSXV: IOU), a leading online lender to small businesses (IOUFinancial.com), reported today the results of its Annual General and Special Meeting of...
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May 28, 2020
Loan originations increased 16.0% to US$38.1 million in Q1 2020 compared to the same period in 2019. Total loans under management increased 24.3% to $119.9 million in Q1 2020 compared to Q1 2019....