Quebec · Receivership (court-appointed)

Notice and Statement of Receiver

Notice of receiver (s. 245 / Form 87) · 27 April 2026

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financial positionnote: Liability total per Receiver's statutory balance sheet (page 3, $31,672,393, rounded) reconciles to Form 78 Statement of Affairs total of $31,672,392.79 (page 9); Ninepoint Partners LP claim is bifurcated secured/unsecured by security valuation. · page: 3 · as at: 2026-04-16 · basis: Unaudited realisable value of assets per Receiver's books and records (page 2); statutory balance sheet / Form 78 Statement of Affairs figures for liabilities (pages 3 and 9) · scope: Finova Financing Inc. (Debtor) - entity level, receivership estate · currency: CAD · total assets: 10866652 · total liabilities: 31672392.79
secured creditorsnote: Stated as an aggregate secured line in the Receiver's statutory balance sheet; no individual investor names given. · page: 3 · as of: 2026-04-16 · amount: 6989489 · debtor: Finova Financing Inc. · creditor: Investors (second-ranking claims) (aggregate as reported) · currency: CAD · security: Second-ranking secured claims, subordinate to Ninepoint Partners LP
unsecured creditorspage: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 292000 · debtor: Finova Financing Inc. · creditor: 9185-8928 Québec Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 109500 · debtor: Finova Financing Inc. · creditor: 9206-8261 Québec Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 214655.17 · debtor: Finova Financing Inc. · creditor: 9329-1029 Québec Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 146000 · debtor: Finova Financing Inc. · creditor: 9345-0336 Québec Inc. · currency: CAD
unsecured creditorsnote: Genre: Comptes à payer; address matches Debtor's registered office · page: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 8048.26 · debtor: Finova Financing Inc. · creditor: 9354-5721 Québec Inc. · currency: CAD
unsecured creditorsnote: Nil amount stated; creditor itself in bankruptcy, represented by Raymond Chabot Inc., trustee · page: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 0 · debtor: Finova Financing Inc. · creditor: 9431-6312 Québec Inc. (en faillite) · currency: CAD
unsecured creditorspage: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 73000 · debtor: Finova Financing Inc. · creditor: 9449-9183 Québec Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 1048362.07 · debtor: Finova Financing Inc. · creditor: 58 Capital Corp. · currency: CAD
unsecured creditorsnote: Genre: Comptes à payer · page: 5 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 287.44 · debtor: Finova Financing Inc. · creditor: A1 Serrurier Sécurité Inc. · currency: CAD
unsecured creditorsnote: Deemed trust / provincial tax claim; corresponds to 'Revenu Québec $24,781' on Receiver's page 3 balance sheet · page: 5 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 24780.56 · debtor: Finova Financing Inc. · creditor: Agence du revenu du Québec (Revenu Québec) · currency: CAD
unsecured creditorspage: 5 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 365000 · debtor: Finova Financing Inc. · creditor: Alex Tanguay · currency: CAD
unsecured creditorsnote: Marked 'Related party' loan from financing company · page: 5 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 1080306.88 · debtor: Finova Financing Inc. · creditor: Alterfina (formerly Prêt Instant) · currency: CAD
unsecured creditorspage: 5 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 365000 · debtor: Finova Financing Inc. · creditor: Angie Éthier · currency: CAD
unsecured creditorsnote: Deemed trust / federal CRA claim; corresponds to 'Canada Revenue Agency $16,537' on Receiver's page 3 balance sheet · page: 5 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 16536.76 · debtor: Finova Financing Inc. · creditor: ARC - Taxe - Québec (Canada Revenue Agency) · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 182500 · debtor: Finova Financing Inc. · creditor: Cheyenne Reimbold-Bergeron · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 323390 · debtor: Finova Financing Inc. · creditor: Christiane Letang · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 96.59 · debtor: Finova Financing Inc. · creditor: CNESST du Québec (formerly CSST) - Île-de-Montréal · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 292000 · debtor: Finova Financing Inc. · creditor: Développement Bitak Elie A. · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 219000 · debtor: Finova Financing Inc. · creditor: Edelstein Eye Center · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 109500 · debtor: Finova Financing Inc. · creditor: Élie Akouri · currency: CAD
unsecured creditorspage: 6 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 163.62 · debtor: Finova Financing Inc. · creditor: Equifax Canada Inc. · currency: CAD
unsecured creditorsnote: Nil amount stated (legal counsel) · page: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 0 · debtor: Finova Financing Inc. · creditor: Fasken Martineau - Montréal · currency: CAD
unsecured creditorspage: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 164250 · debtor: Finova Financing Inc. · creditor: Geneviève Godbout · currency: CAD
unsecured creditorsnote: Address matches Debtor's registered office (204-7750 boul. Cousineau) · page: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 1150000 · debtor: Finova Financing Inc. · creditor: Gestion PEC · currency: CAD
unsecured creditorspage: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 508826.77 · debtor: Finova Financing Inc. · creditor: Investissement Hemy · currency: CAD
unsecured creditorspage: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 36500 · debtor: Finova Financing Inc. · creditor: Jean-Philippe Fraser Inc · currency: CAD
unsecured creditorspage: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 6661.65 · debtor: Finova Financing Inc. · creditor: Jurismedia inc · currency: CAD
unsecured creditorspage: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 328500 · debtor: Finova Financing Inc. · creditor: Lise Dupuis · currency: CAD
unsecured creditorspage: 7 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 73000 · debtor: Finova Financing Inc. · creditor: Marie-Hélène Dupuis · currency: CAD
secured creditorsnote: Claim bifurcated by security valuation per Form 78: total claim $22,394,732.96 (Non garantie/unsecured $11,528,080.96 + Garantie/secured $10,866,652.00). Page 3 (Receiver's statutory balance sheet, as at April 16, 2026) states the full undivided claim as 'Ninepoint Partners LP - Capital $22,394,733' without bifurcation. See related unsecured entry for the deficiency portion. · page: 8 · as of: 2026-04-27 · amount: 10866652 · debtor: Finova Financing Inc. · creditor: Ninepoint Partners LP · currency: CAD · security: Security over Debtor's lease/receivables portfolio (asset code '501' per Form 78 Statement of Affairs); secured portion set equal to Receiver's realisable value of the portfolio
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 185420 · debtor: Finova Financing Inc. · creditor: Marilou Bourdon · currency: CAD
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 73000 · debtor: Finova Financing Inc. · creditor: Michel Noel · currency: CAD
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 1288.73 · debtor: Finova Financing Inc. · creditor: Monette Barakett · currency: CAD
unsecured creditorsnote: Unsecured/deficiency portion of a claim bifurcated by security valuation; total claim $22,394,732.96, of which $10,866,652.00 is treated as secured (see secured_creditors entry) and this $11,528,080.96 as unsecured. · page: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 11528080.96 · debtor: Finova Financing Inc. · creditor: Ninepoint Partners LP · currency: CAD
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 255500 · debtor: Finova Financing Inc. · creditor: Normand Campeau · currency: CAD
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 109500 · debtor: Finova Financing Inc. · creditor: Placement J-F. Gagnon · currency: CAD
unsecured creditorsnote: Nil amount stated (courier company, accounts payable) · page: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 0 · debtor: Finova Financing Inc. · creditor: Planète Courrier · currency: CAD
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 730000 · debtor: Finova Financing Inc. · creditor: Stephen Myro · currency: CAD
unsecured creditorsnote: Address matches Debtor's registered office (404-7750 boul. Cousineau) · page: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 109500 · debtor: Finova Financing Inc. · creditor: YAJ Consultation et Marketing Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 36500 · debtor: Finova Financing Inc. · creditor: Marilou Bourdon Inc. · currency: CAD
unsecured creditorspage: 9 · as of: 2026-04-27 · basis: Statement of Affairs (Form 78) - Liste du passif, as reported · amount: 639085.33 · debtor: Finova Financing Inc. · creditor: Youri Bourdon · currency: CAD