TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.
-
Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
-
The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
-
SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
-
SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
-
It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
-
It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
-
It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
-
Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
-
Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
-
How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
-
Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
-
A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
-
Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
-
Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
-
Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
-
The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
-
Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
-
Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
-
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
-
Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
September 26, 2023
Funding allows FLO to further fund the growth of its operations
QUEBEC CITY , Sept. 25, 2023 /CNW/ - FLO, a leading North American electric vehicle (EV) charging company and a smart charging solutions provider, announced it secured a C$60 million revolving credit facility from National Bank of Canada, via its Technology and Innovation Banking Group. This credit facility represents an increase from a $20 million facility in 2021, further enabling FLO to accelerate the growth of its North American EV charging network as it continues significant expansion across Canada and the United States.
"This arrangement is another endorsement of FLO's successful business strategy and recognition of our growth as we continue to witness incredible momentum in our industry," said Louis Tremblay, FLO President and CEO. "Our renewed and long-standing business relationship with the National Bank of Canada positions FLO to continue its ambitious strategy, support sustainable development and cement its role in ushering in a zero-emissions transportation future.
FLO has experienced tremendous growth over the last 24 months, more than doubling its workforce and expanding further into the U.S. market.
"For over twenty-five years, our Group has partnered with Canadian success stories, and FLO is among them," said Tuyen Vo, Head of Technology and Innovation Banking. "National Bank is dedicated to supporting a smooth and inclusive energy transition to a low-carbon economy. We are happy to support FLO's business plan. This additional credit facility is a testament to the FLO team and all the work they have done to expand reliable EV charging infrastructure in North America."
For more on FLO's products and mission, visit flo.com.
About FLO
FLO is a leading North American electric vehicle (EV) charging network operator and a smart charging solutions provider. We help to overcome climate change and accelerate EV adoption through a vertically integrated business model and by delivering EV drivers the best charging experience from curbside to countryside. Every month, we enable more than 1 million charging events thanks to over 95,000 fast and level 2 EV charging stations deployed at public, private and residential locations. FLO operates its network across North America and our high-quality charging stations are assembled with care in Michigan and Quebec. To learn more about what "EV charging done right™" means to us, visit flo.com.
QUEBEC CITY , Sept. 25, 2023 /CNW/ - FLO, a leading North American electric vehicle (EV) charging company and a smart charging solutions provider, announced it secured a C$60 million revolving credit facility from National Bank of Canada, via its Technology and Innovation Banking Group. This credit facility represents an increase from a $20 million facility in 2021, further enabling FLO to accelerate the growth of its North American EV charging network as it continues significant expansion across Canada and the United States.
"This arrangement is another endorsement of FLO's successful business strategy and recognition of our growth as we continue to witness incredible momentum in our industry," said Louis Tremblay, FLO President and CEO. "Our renewed and long-standing business relationship with the National Bank of Canada positions FLO to continue its ambitious strategy, support sustainable development and cement its role in ushering in a zero-emissions transportation future.
FLO has experienced tremendous growth over the last 24 months, more than doubling its workforce and expanding further into the U.S. market.
"For over twenty-five years, our Group has partnered with Canadian success stories, and FLO is among them," said Tuyen Vo, Head of Technology and Innovation Banking. "National Bank is dedicated to supporting a smooth and inclusive energy transition to a low-carbon economy. We are happy to support FLO's business plan. This additional credit facility is a testament to the FLO team and all the work they have done to expand reliable EV charging infrastructure in North America."
For more on FLO's products and mission, visit flo.com.
About FLO
FLO is a leading North American electric vehicle (EV) charging network operator and a smart charging solutions provider. We help to overcome climate change and accelerate EV adoption through a vertically integrated business model and by delivering EV drivers the best charging experience from curbside to countryside. Every month, we enable more than 1 million charging events thanks to over 95,000 fast and level 2 EV charging stations deployed at public, private and residential locations. FLO operates its network across North America and our high-quality charging stations are assembled with care in Michigan and Quebec. To learn more about what "EV charging done right™" means to us, visit flo.com.
© 2025 Secured Finance Network
