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.

Industry

Financial InvestmentPRIMARY
Financial Other Service

Contact

Social

Company hasn't updated its information.

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

callidus capital corp.

Canada

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Others

--/10

Reviews

--/90

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

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.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.