Kuber Mortgage bumps up revolver by C$20 million, now C$100 million

Chicago, March 5 – Kuber Mortgage Investment Corp. increased its revolving credit facility by C$20 million, according to a press release.

The increase was effective March 1.

The third consecutive increase brings the total amount of borrowings to C$100 million.

The facility was initiated in the fall of 2021.

Proceeds will be used to strengthen the borrower’s liquidity position and accelerate the company’s growth strategy.

Founded in 2016 and based in Toronto, Kuber is a non-bank lender specializing in borrowers whose financial needs cannot be met by the conventional lending restrictions of banking institutions.

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