Unique Logistics International Inc (UNQL)

[Almost A Myth]

Sweet! Welcome to the fun!

Thees folks are on the level, and on top of their game. With the world economy starting to crank back up, I think we'll see even more additional routes, contracts, and maybe CoreFund Capital will raise our already impressive $25M invoicing purchase credit?

That's a nice news story to post again. CoreFund buys Unique's invoices on a revolving credit of $25M. If a client doesn't pay, it's not our problem. CoreFund owns the debt and all associated collection responsibilities. As loing as the clients keep paying their invoices, our invoices are guaranteed payment up to $25M.

https://www.otcmarkets.com/stock/INNO/news/story?e&id=1756839

Innocap, Inc. Secures $25 Million Credit Facility Increase
NEW YORK, Nov. 9, 2020 /PRNewswire/ -- Innocap, Inc. ("INNO" or the "Company"), a global logistics and freight forwarding company, today announced that it had secured an increase of its credit facility with CoreFund Capital, LLC ("Core").

The credit facility was structured via INNO's wholly owned subsidiary, Unique Logistics International (NYC) LLC, through an amended Secured Accounts Receivable Facility with Core, whereby Core agreed to increase the credit line it has been providing to the Company, from $12,000,000 to $25,000,000.

INNO is a global logistics and freight forwarding company serving a large customer base in the United States that includes major well-known retailers and other companies that import goods to the United States, export goods from the United States to other countries, or require other supply chain services, including warehousing. INNO executes sections of the supply chain process for its customers and holds, through its subsidiary companies, operating licenses issued by US Customs, the Federal Maritime Commission and the Transportation Security Administration for this purpose. It has offices throughout the United States and employs over 90 staff.

"The Company is now positioned to execute its growth plans with an enhanced credit facility of $25 million," commented INNO's CEO, Sunandan Ray. "We believe this to be a gamechanger for our future acquisition strategy. We are fortunate to have dependable business partners such as Core."