A Robust Business Providing Venture Debt To Successful Entrepreneurs of High Growth Businesses.
Two Ways to Invest in Flow Capital
Income orientated Investors can purchase 10.5% Floating Rate Debentures
Capital gain orientated investors can purchase common shares (FW-TSXV)
Get venture debt upside with public company board & governance
Quarterly and annual financial statements and portfolio valuations to IFRS standards.
Track Record
- $54 million portfolio over 22 investments
- 29% 5-year portfolio IRR
- 8-year history of debenture issuance
- ~1% loan loss ratio
High Yield Debentures
- 10.50% CAD current yield on debentures
- Floating rate: Bank of Canada Rate + 5.50%
- Maximum rate 12.50% minimum rate 8.00%
- Monthly cash payments
Debentures Structured for Capital Preservation
- $40 million in Flow common equity protects debenture principal
- Portfolio losses, if any, first applied to common equity
- <1% 5-year loan loss rate
Invest with the Benefit of Public Company Standards and Transparency
- Unlike other venture debt funds, Flow Capital is a public company.
- Investors gain the benefit of quarterly and annual financial statements and portfolio valuations to IFRS standards.
- Investors gain the benefit of Flow’s requirement to provide continuation disclosure of its financial and business performance.
- Investors gain the benefit of public company quality board of directors and governance standards.
Well Diversified Portfolio
Flow’s debentures are backed by a well diversified portfolio of loans
Current Investments by Security Type (by FMV)
Cumulative since March 2018
Total Capital Deployed
$51.6M
Average Investment Size
$2M
Number of Investments Made
18
Number of Realized Investments
8
Loss Ratio
0.7%
Breakout Across Verticals
Current Portfolio at Origination
Average Operating History
7.93 Years
Average Enterprise Values
$60M
Average Revenue
$5M
Average LTV
5.84%
Loan Structure
90% First Lien
The values presented in these charts are derived from Flow Capital Corp’s unaudited interim condensed consolidated financial statements, dated September 30, 2023, that have been prepared based on the principles of International Financial Reporting Standards (IFRS).
How to Invest
Flow Capital debentures can be purchased through your Registered Investment Advisor.
Request our Debenture Fact Sheets and Documents
To request our Corporate Information and Debenture Documents, please fill out this form.
