“High Margin Small Ticket” book reaches all-time high
October 6, 2020

“High Margin Small Ticket” book reaches all-time high

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has reached an all-time high of its commercial finance operations. Record Monthly Invoice Portfolio: The “high margin small ticket” invoice portfolio reached an all-time high of US$7,071,104.99 up from US$5,932,690.32 in September. September was an average month for invoice collections and fee income, which is normal … Read More

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ZeroNox Backlog Orders and California Voucher Program
August 21, 2020

ZeroNox Backlog Orders and California Voucher Program

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) announces certain updates regarding Zero Nox, Inc. (“Zero Nox”), our affiliated (approximately 10%) ownership portfolio company. Zero Nox is headquartered in the San Joaquin Valley, California and specializes in the development, manufacture and sale of battery technology and its integration into electric vehicles. Zero Nox has … Read More

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Record collections and fee income for July
August 10, 2020

Record collections and fee income for July

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has increased the size and income of its commercial finance operations. Monthly Collections: July was a record month for invoice collections and fee income for the “small ticket” invoice portfolio, which is $5,932,690.32. During the month invoice collections reached US$3,926,343.30 and total discount fee income was … Read More

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Size and Income Increases and Dividend
July 15, 2020

Size and Income Increases and Dividend

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has increased the size and income of its commercial finance operations. Monthly Collections: June was a record month for invoice collections and fee income. During the month invoice collections reached US$2,752,638.34 and total paid discount fee income was US$125,814.62. At this point, we have not seen … Read More

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Update of Commercial Finance Operations
May 15, 2020

Update of Commercial Finance Operations

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) would like to provide a short update to shareholders regarding its commercial finance operations. Monthly Collections: April was a good month for invoice collections and fee income. During the month invoice collections reached US$2,363,226.02 and total paid discount fee income was US$114,893.49. At this point, we … Read More

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Armada Update to Shareholders
April 2, 2020

Armada Update to Shareholders

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) would like to provide a short update to shareholders regarding its commercial finance operations. Monthly Collections: March was a good month for invoice collections. On a scale of 1 – 10 (1 being low collections during the month and 10 being our best month ever), the … Read More

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Exclusive Worldwide License for Aquaborne
March 26, 2020

Exclusive Worldwide License for Aquaborne

Aquaborne, LLC (“Aquaborne”), an affiliated 20% ownership portfolio company Armada Mercantile Ltd., (Symbol: AAMTF), has acquired the exclusive worldwide license for a proprietary fish skin treatment technology. The license provides the technical knowledge for the treatment of sturgeon and other aquatic skins into commercially viable leather. Aquaborne plans to utilize the licensed technology to manufacture, … Read More

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Armada Continued Growth and Client Fundings
February 5, 2020

Armada Continued Growth and Client Fundings

News Release Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) continues to fund businesses through its affiliated ownership companies. Since January 2018, Armada’s trade finance business has grown from approximately $500,000 in revolving book size (purchased accounts receivables or financed invoices) to approximately $10,000,000. Our goal for 2020 is to achieve revolving book size … Read More

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Empire Factors Officially Begins Funding Clients
September 24, 2019

Empire Factors Officially Begins Funding Clients

Empire Factors, LLC, an affiliated subsidiary company of Armada Mercantile Ltd., has officially started funding businesses seeking capital including providing a factoring line of credit to a New York clothing industry belt designer. On behalf of the client, Empire Factors was able to find solutions that were agreeable with the client while increasing credit limits … Read More

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Oxygen Funding Recent Transaction, Volume and Capital Update
September 20, 2019

Oxygen Funding Recent Transaction, Volume and Capital Update

News Release Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) announces certain recent transactions (listed below) by Oxygen Funding, Inc. (“Oxygen”), an affiliated ownership company. Since January 2018, Oxygen’s trade finance business has grown from approximately $500,000 in revolving volume (purchased accounts receivables or financed invoices) to new high of approximately $7,000,000. Since 2007, … Read More

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