News
Builders Capital has long played a vital role in Western Canada’s housing development, offering short-term construction financing to builders of single-family and small multi-family wood-frame homes. With the launch of its new $50 million bond offering, the company is reinforcing its commitment to growth in Alberta and British Columbia.
Builders Capital operates as a Mortgage Investment Corporation (MIC) under Canadian tax law, meaning all taxable income is distributed to shareholders—resulting in efficient income treatment as interest income for investors.
The firm’s business model is built on:
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This article highlights Builders Capital’s Q2 2024 performance, including record revenue, steady dividends, reduced impaired mortgages, a $50M bond financing plan, and the impact of rate cuts on lending and future growth prospects.
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This article highlights the company’s Q3 2024 achievements, including consistent dividends, strong gross income, steady EPS, controlled expenses, and a strategic loan shift toward Alberta, driven by affordability constraints in British Columbia.