Dynamic Capital Equipment Finance Grows Funding Facility by $200MM



Dynamic Capital Equipment Finance closed a $200 million committed funding facility with MOVE Trust and the committed MOVE Trust note investor, BDC. This marks the fifth renewal and increase to the facility, which commenced in 2014 when Dynamic Capital formed a working relationship with BOAT Capital , the manager of MOVE Trust.

“The closing of this facility provides our business with significant capital runway as we expand our footprint across the country. We are a Canadian company with the experience and resources to bring capital to our client’s doorstep,” Dustin White, CEO of Dynamic Capital Equipment Finance, said.

“We have been working with Dustin and the team at Dynamic Capital for several years. They are proven operators, helping small Canadian businesses thrive. We are happy to facilitate the increase in available funding and look forward to working with them as they continue to grow,” James Joyce, president of BOAT Capital, said.

“Dynamic is an excellent example of how BDC continues to reach more entrepreneurs indirectly by providing financing to Canadian equipment finance companies,” Ted Fujisawa, managing director and head of indirect financing at BDC, said. “We are also happily supporting Dynamic’s growth as a client.”


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