IOU Financial

IOU Financial Inc., through its subsidiary IOU Central Inc., operates a commercial lending business in North America, specializing in providing capital to small businesses across various sectors including medical and dental practices, retail stores, restaurants, and manufacturing companies. Founded in 1977 and headquartered in Montreal, Canada, the company has funded over $200 million in small business loans, showcasing its extensive experience in the field. IOU Financial originates and services commercial loans, retaining a portfolio of loans receivable while also selling loans to third-party purchasers on a non-recourse basis. This approach allows the company to offer flexible lending solutions tailored to the growth opportunities of its diverse clientele.