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Canada
2003 (23 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know callidus capital corp.
Company Information
Get to know callidus capital corp.
Callidus Capital Corporation was a specialty finance firm that provided senior-secured, asset-based loans and other forms of financing to companies unable to obtain funding from conventional lenders. Founded in 2003 and managed by private equity firm The Catalyst Capital Group Inc., Callidus focused on distressed and mid-market companies primarily in Canada and the United States. The company went public on the Toronto Stock Exchange (TSX: CBL) in 2014. It was known for its high-interest loans, aggressive recovery tactics, and its controversial leadership. After facing significant public scrutiny, shareholder losses, and numerous lawsuits, the company was taken private by Catalyst in early 2019 and subsequently filed for creditor protection under the CCAA in October 2019, effectively ending its normal business operations.
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