CWB Franchise Finance

News & events

  • December 21, 2017

    CWB celebrates prosperous first year of new Franchise Finance Division

    It's been 15 months since CWB introduced its Franchise Finance division after purchasing GE Capital Canada. And to say that the CWB Franchise Finance team have outperformed in their debut as a division of CWB is an understatement.

  • December 07, 2017

    CWB reports very strong financial performance for the fourth quarter and fiscal 2017

    CWB’s strategic execution and financial performance in fiscal 2017 were both very strong. We maintained our focus on business owners while delivering growth across a broader geographic footprint with increased industry diversification. We also made significant progress toward the upcoming transformation of our capital management processes, and worked to ensure our ongoing technology investments and process improvements position us to meet the rapid pace of growth and change within our industry.

  • November 22, 2017

    Chief Financial Officer, Carolyn Graham, named one of Canada's Most Powerful Women

    CWB Financial Group (CWB) is thrilled to congratulate Carolyn Graham, executive vice president and chief financial officer, on her recognition as a Canada’s Most Powerful Women: Top 100 Award Winner.

  • October 03, 2017

    CWB Franchise Finance partners with CRAFT Beer Market on term loan and development facility

    CWB Franchise Finance (CWB), a division of CWB Financial Group, has provided a multi-product loan facility to CRAFT Beer Market (CRAFT), a growing Canadian restaurant brand with locations in Vancouver, Calgary, Edmonton, Ottawa and coming soon to Toronto. The funds will be used to consolidate and refinance existing corporate debt as the company grows their presence within targeted markets across Canada.

  • August 31, 2017

    CWB reports very strong third quarter financial performance

    CWB Financial Group (TSX: CWB) (CWB) today announced very strong third quarter financial performance as we continue to execute our balanced growth strategy. Compared to the third quarter last year, results included positive loan growth with significantly higher net interest margin, a lower provision for credit losses, ongoing growth of relationship-based branch-raised deposits, record total revenue (teb) and substantial earnings growth, all supported with very strong regulatory capital ratios. Common shareholders’ net income of $56.3 million and pre-tax, pre-provision income (teb) of $100.9 million were up 24% and 9%, respectively.

  • July 26, 2017

    CWB Financial Group donates $15,000 to BC fire relief efforts

    CWB Financial Group has made a $15,000 donation to the Canadian Red Cross to support communities affected by the ongoing fires in southern British Columbia.

  • July 04, 2017

    CWB Franchise Finance partners with Browns Restaurant Group on term loan and development facility

    CWB Franchise Finance, a division of CWB Financial Group, has provided a multi-product loan facility to Browns Restaurant Group, an award-winning Canadian franchisor based in Vancouver. The funds will be used to consolidate and refinance existing corporate debt as the company grows their presence across Western Canada and enters the Eastern Canada market.

  • June 09, 2017

    CWB Franchise Finance partners with Donnelly Group on term loan and development facility

    CWB Franchise Finance, a division of CWB Financial Group, has provided a $12 million term loan and Development Line of Credit to Donnelly Group, owners of 14 pubs and cocktail bars in Vancouver and Toronto. The funds will be used to consolidate and refinance existing corporate debt and support future growth.

  • June 01, 2017

    CWB reports strong second quarter financial performance

    Canadian Western Bank (TSX: CWB) (CWB) today announced strong second quarter financial performance including very strong earnings growth from the same quarter last year, positive loan growth, strong growth of relationship-based branch-raised deposits, higher net interest margin, stable credit quality and very strong regulatory capital ratios. Pre-tax, pre-provision income (teb) of $90.8 million was up 4% and common shareholders’ net income of $47.6 million was 48% higher.

  • May 23, 2017

    CWB Franchise Finance leads $80 Million loan facility syndication for Holloway Lodging

    CWB Franchise Finance, a division of CWB Financial Group, today announced it has provided an $80 million loan facility to Holloway Lodging Corp., owners of thirty-three hotels across Canada.

  • March 23, 2017

    CWB joins Vancouver Sun Run as Corporate Team Division title sponsor

    Canadian Western Bank today announced its support of the Vancouver Sun Run as title sponsor of the Corporate Team Division for the next three years. The event is Canada’s largest 10K road race, with more than 40,000 participants and 2,300 volunteers.

  • March 13, 2017

    2016 Public Accountability Statement now available

    CWB Financial Group’s 2016 Public Accountability Statement provides a detailed account of some of Canadian Western Bank’s (CWB) activities related to community investment, small business financing, number of employees and taxes paid in its most recent fiscal year (November 1, 2015 to October 31, 2016).

  • March 02, 2017

    CWB reports strong first quarter financial performance

    Canadian Western Bank (TSX: CWB) (CWB) today announced strong core operating performance for the first quarter, including a 12% increase in pre-tax, pre-provision income compared to the same quarter last year. Strong 11% year-over-year growth of total revenues was comprised of a 9% increase in net interest income (teb) and higher non-interest income. Common shareholders’ net income of $49.5 million was down 5% from last year.