Vancouver, British Columbia — February 26, 2026 — Leads & Copy — Dominion Lending Centres Inc. (TSX: DLCG) has amended and extended its credit facilities with The Toronto-Dominion Bank, effective February 26, 2026. The announcement was made by DLC Group, one of Canada’s leading franchisors of mortgage professionals and owner of Newton Connectivity Systems.
The maturity date for the credit facilities has been extended from February 18, 2030, to February 26, 2031.
The amended credit facilities are comprised of two senior credit facilities. These provide the Corporation with a revolving credit line and a term facility. The revolving credit facility was increased by $15 million, bringing it to $40 million from the previous $25 million.
Gary Mauris, Co-Founder and CEO of the DLC Group, stated that the extension and increase in the company’s credit facilities enhances financial flexibility and further strengthens its capital structure as the company continues executing its long-term growth strategy.
Mauris added that securing the amended facilities on substantially similar terms provides stability and continuity in financial planning and a strong foundation for disciplined capital allocation going forward.
Interest on the Senior Credit Facilities is based on the prime borrowing rate, or alternatively, at the Corporation’s option, Term CORRA (Canadian Overnight Repo Rate Average), plus an additional amount determined based on the Corporation’s total leverage. Upon closing of the Senior Credit Facilities, the interest rate is anticipated to be equal to the prime borrowing rate.
Dominion Lending Centres Inc. is one of Canada’s leading networks of mortgage professionals. DLC Group operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. DLC Group’s network includes over 9,000 mortgage professionals and over 500 franchises. Headquartered in British Columbia, the Corporation was founded in 2006 by Gary Mauris and Chris Kayat.
Source: Dominion Lending Centres Inc.
