Callidus Capital

Founded in 2003, Callidus Capital Corporation specializes in offering creative and flexible financing solutions, primarily in the form of asset-based loans, to companies facing financial distress or complex situations. The company serves a niche market by providing debt facilities to businesses that are often in transition, undergoing restructuring, or otherwise do not meet the criteria of traditional financial institutions. After being a publicly traded company on the Toronto Stock Exchange (TSX: CBL), Callidus was taken private in 2019 by its majority shareholder, The Catalyst Capital Group Inc., and continues its operations as part of Catalyst's portfolio.