CheckMark Financial Corporation

The primary funding source for Capital Squared Financial is CheckMark Financial Corporation.

Overview

CheckMark was founded in 2019 to provide returns to its bondholders through making loans to Canadians making purchases in the vacation industry.

The shares of CheckMark are owned by Knightswood Holdings Ltd., which is a subsidiary of Imperial Ginseng Products Ltd., a company whose shares are listed on the TSX-Venture Exchange. Because of this, bonds issued by CheckMark are qualified investments for RRSP accounts.

CheckMark works with Western Pacific Trust Company as the authorized Trustee to hold self-directed RRSP’s holding CheckMark Bonds

Qualified Canadians may subscribe for 6% Bonds issued by CheckMark under an Offering Memorandum (“OM”) that has been filed with regulators across Canada.

Information regarding the 6% Bonds may only be obtained from a licensed Exempt Market Dealer (“EMD”) who will determine the suitability of the investment and the qualification of the investor under Canadian securities regulations.

Funds invested by Canadians under the Offering Memorandum are loaned by CheckMark to Capital Squared Financial for the purpose of making consumer loans to Canadians.

Bonds issued by CheckMark carry an annual interest rate of 6% which is paid annually to Bondholders in their RRSP Accounts. Bonds issued by CheckMark are redeemed upon the maturity of the Vacation Loans originated by CSF either every 5 or 7 years.

Please refer to the CheckMark OM for all information regarding the 6% Bonds. Your registered investment advisor can answer any questions you may have regarding the 6% Bonds or your RRSP.