Advantex Marketing International

Advantex Marketing International Inc. is a Canadian company specializing in merchant-based loyalty marketing programs. Its core business model involves providing advance working capital (a form of merchant cash advance) to small and medium-sized businesses, particularly in the restaurant sector. In return for the capital, merchants enter into a long-term agreement to participate in Advantex's marketing and loyalty network, repaying the advance through a percentage of future sales processed through the program. Historically, the company was publicly traded on the Canadian Securities Exchange (CSE) and had notable partnerships. In 2018, following a cease trade order for failing to file financial statements, the company was taken private through an acquisition by an affiliate of Persistence Capital Partners and was subsequently delisted from the CSE.