Cypress Hills Capital announced this week that it has deployed more than $400 million in debt capital since the Canadian lender launched in 2015.
The Vancouver-based alternative lending firm is celebrating 10 years of wholesale lending “primarily to Canadian fintech lenders,” claiming to be the only “performance database dedicated to the Canadian institutional investor community.”
Cypress Hills aims to facilitate the flow of capital across a “gap created by legacy capital constraints stemming from the 2008 financial crisis,” according to. statement from the organization, which “allows essential credit to reach creditworthy but traditionally underbanked consumers and businesses, removing the artificial barriers to their financial health.”
The B.C. company blends underwriting prudence with cutting-edge data analytics, empowering specialized lenders to service a “granular, diverse pool of borrowers.”
“Our funding strategy sets a powerful flywheel in motion,” says cofounder and chief executive officer Kelly Klatik, “translating to positive financial health for our entire eco-system from end-borrowers to stakeholders.”
Klatik noted that Cypress Hills was recognized for the second year in a row by Global Manager Research as the Top Performer in the Private Debt category, delivering consistent five-year annualized double-digit returns without any negative months.
“Now in our 10th year of operations, we’ve maintained no negative months since inception, achieving a five-year average annual return of 10.94%,” reads a statement from Cypress. “Our strong collaborative partnerships with innovative lending platforms—whose tenacious precision and disciplined underwriting have been instrumental to our success—have enabled us to … deliver consistent results for institutional, family office, and high-net-worth investors.”
With a philosophy that there is “intelligence in every loan,” the firm recently updated its name from Cypress Hills Partner to Cypress Hills Capital.
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