As a private Canadian lender based in Calgary, Alberta, Provida Financial Corporation (PFC) specializes in providing alternative credit options while adhering to the highest standards of best practices set by the rules and regulations governing Canada's non-bank lending entities. Our commitment to transparency, competitive fees, and rapid turnaround times sets us apart. This has allowed Provida to help numerous businesses achieve their financial goals over the past 7 years.
Driven by our passion for supporting the vibrant businesses that have enriched and diversified the Western Canadian landscape, we recognized the cash management challenges these great businesses face during economic downturns or growth cycles. To address this, we assembled a seasoned team of corporate finance professionals whose wealth of expertise allows us to provide expert advice and financing options that lead to optimal results for our clients.
What truly distinguishes Provida from our competitors is our flexible facility structuring. This allows us to be highly responsive to the immediate financial circumstances of our clients. At Provida, we understand that each business is unique, and we work closely with you to develop a sound solution that precisely addresses your financial needs.
Our Mission
Empowering established companies with immediate capital access to unlock their full potential for growth and momentum. We remove financial barriers, providing businesses with the resources to focus on success, sustainable growth, and achieving their ambitions. We are unwavering in our commitment to supporting clients on their journey toward maximizing their business potential.
Our Team
Chris Silverthorn, MBA
President/CEO
As founder and President of Provida Financial Corp., Chris focuses on deal origination, deal underwriting and operations within the company.
Previously he was with the Bank of Montreal in the Commercial Lending Group and prior to that Vice President, Investor Relations with Canadian Coyote Energy Trust.
His skills include credit analysis, budgeting, financial modeling, forecasting and data analysis. Chris began his financial services career with Olympia Trust Company (OLY:V) where he held the position of Western Canadian Marketing Manager.
Chris earned his MBA from the University of Calgary’s Haskayne School of Business.
Salim Jamal, CFA, CAIA
Chief Operating Officer
As COO of Provida Financial Corp., Salim focuses on corporate administration, deal due diligence and operations.
Salim is a finance professional with experience in business, financial analysis and client engagement roles and has previously held roles as Vice President at a Calgary-based financial advisory firm, Senior Financial Analyst at a private oil and gas company and Vice President of Energy Research at an oil and gas equity research firm.
Salim holds a Bachelor of Commerce Degree in Finance (with Distinction) from the University of Calgary, is a Chartered Financial Analyst (CFA) Charterholder, Chartered Alternate Investment Analyst (CAIA) Charterholder, has completed the Canadian Securities Course (Honors) and Energy Markets Risk Management Course.
Stuart McPhail, MBA
VP of Sales
As Vice President of Sales, Stuart focuses on growing our customer base by interfacing with banking professionals, business advisors and accountants.
Previously, he was Vice President of Sales and Marketing for a private capital group in the hospitality industry and a partner in a Western Canadian private apartment building REIT. Stuart also has extensive experience, both locally and internationally, in Oil and Gas, where he worked for GE, Rockwell, Invensys and a local engineering firm.
He earned an MBA and BSc. Electrical Engineering from the University of Calgary.
Rahim Lallani, BBA
Controller
As Controller of Provida Financial Corp., Raheem analyzes financial data and financial reporting.
Raheem has over 20 years of experience in accounting for small and medium-sized businesses in various industries, including oil & gas, real estate, retail, and agriculture.
Raheem earned his Bachelor of Administration Degree in Accounting at Mount Royal University.
What Sets Provida Apart?
Provida Financial specializes in providing alternative credit solutions to diverse industries across Canada. Our financing options empower companies to meet short-term cash obligations by swiftly converting their invoices into immediate funding. Say goodbye to waiting 30 to 90 days for customer payments – our streamlined process ensures rapid turnaround.