Cliffside Capital Ltd (CEP)

Overview

Cliffside Capital Ltd. is a specialized financial company that focuses on investing in retail sales and loan contracts. These contracts are primarily originated by CanCap Management Inc., indicating a partnership or significant business relationship between Cliffside and CanCap. The essence of Cliffside's investment strategy centers around securing collateral charges on motor vehicles in Canada, showcasing their niche in automotive financing. Founded in 2013 and headquartered in Toronto, Canada, Cliffside Capital has carved out a specific segment within the Canadian financial landscape, leveraging secured loans against vehicles to build its portfolio and offer financial products.

Products and Services

Cliffside Capital Ltd. specializes in the following key financial products and services:

• Retail Sales/Loan Contracts Investment:

  The cornerstone of Cliffside's offerings involves the investment in retail sales and loan contracts that are primarily originated by CanCap Management Inc. This approach focuses on financing agreements made with individuals for the purchase of motor vehicles, wherein Cliffside provides the necessary capital through these contracts. The investment in these contracts allows Cliffside to generate returns through interest and fees associated with the financing provided.

• Collateral Charges on Motor Vehicles:

  In securing its investments, Cliffside Capital utilizes collateral charges against motor vehicles in Canada. This implies that the loan or finance contracts they invest in are backed by the vehicles themselves, providing a form of security for the investment. This method reduces the financial risk associated with the lending process, as the collateral can be claimed in the event of default, ensuring that Cliffside has a level of protection for its investments.