IMMEDIATE RELEASE- Toronto, Ontario, June 3rd, 2014
As of May 8th, 2014 Merit Valor Capital has received its required licenses from the financial services commission to become Canada’s Newest Lender in the Alternative Mortgage Landscape.
Merit Valor Capital Asset Management Corporation is federally incorporated corporation created to assist in bringing to the solid performing investment products to the investor market as well as at the same time creating innovative financing products to both the residential,retail, and commercial market place.
Richard Samuels, Managing director and CEO of Merit Valor, indicated his satisfaction with the pace to which things have taken place. “It’s been a long time in the making, and I am happy we have taken our time with this.” Richard Samuels is no stranger to the world of mortgages, as principal and founding director of Obsidian Mortgage Corporation, a Nationally award winning and acclaimed Mortgage Brokerage Corporation located in Toronto, ON, Originally founded in 2007, Mr. Samuels has found himself fully immersed in his trade, (mortgages) for the past 15 years. “I Enjoy it…The opportunity to assist individuals, businesses, and families alike with win-win situations that assist all parties involved, what could be better?”
Merit Valor Capital Asset Management have indicated they have already begun the initial launch of their mortgage lending operations, and will look toward to the Mortgage Brokerage Industry for support. ” We intend to be our participating Mortgage Professional’s best ally in providing alternative Lending solutions.”