Tenet Adds First U.S. Exclusive Commercial Lender to Business Hub and Welcomes New West Coast Business Development Manager
The new lending partner can make commercial loans in every U.S. state.
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Rhea-AI Summary
Tenet Fintech Group (PKKFF) has added Premium Merchant Funding as its first Cubeler Business Hub lender dedicated exclusively to U.S. businesses. The New York-based commercial lender has signed on to serve U.S. small and medium-sized enterprises.
Tenet also hired Anurav Rane as Business Development Manager to help grow Hub membership among West Coast Canadian and U.S. businesses. Based in Vancouver, Rane is expected to work with Fredi Tasciyan, Director of Strategic Partnerships & Financial Institutions, and Regional Sales Manager Warren Haughton.
Positive
- Minor pointPremium Merchant Funding signed on as the Hub's first lender dedicated exclusively to U.S. businesses.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - October 1, 2026) - Tenet Fintech Group Inc. (CSE: PKK) (OTCID: PKKFF) (FSE: P0T) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Hub, today announced that New York based commercial lender Premium Merchant Funding ("PMF") has signed on to be the first commercial lender on the Business Hub exclusively dedicated to lending and extending credit to U.S. based small and medium-sized enterprises.
While PMF (https://www.pmfus.com) is headquartered in New York city, the company has satellite offices in several U.S. cities and the ability to make commercial loans in every U.S. state. With a network of more than 500 funding specialists, 15 funding options ranging from merchant cash advances to term loans, and unsecured loan amounts of up to USD
New West Coast Business Development Manager
Tenet also announced that Mr. Anurav Rane recently joined the Company as its new Business Development Manager and will help grow membership on the Cubeler Business Hub with West Coast-based Canadian and U.S. SMEs. Prior to joining the Company, Mr. Rane was most recently a western Canada Regional Sales Manager at flexible workspace service provider International Workplace Group (formerly "Regus") where he not only drove regional sales but also played a pivotal role in improving client experience and retention. His professional career highlights include having founded and serving six years as the CEO of PlanMyMedicalTrip.com, an international medical tourism platform operating in more than a dozen countries. Before leaving his role at the helm of the platform in 2021, he was credited with establishing several strategic healthcare partnerships critical to its operation and having secured the investor funding for its development. So, in addition to his experience in sales, Mr. Rane's background as an entrepreneur and small business owner gives him relatable experience that will allow him to connect with the SME owners and executives that he is now being asked by Tenet to bring to the Business Hub. Mr. Rane is based in Vancouver and is expected to work in concert with the Company's Director of Strategic Partnerships & Financial Institutions, Fredi Tasciyan, and recently hired Regional Sales Manager Warren Haughton to help bring SMEs from across North America to the Cubeler Business Hub.
About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or by leveraging data gathered by the Cubeler Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
For more information, please contact:
Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com
CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com
Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech
Forward-looking information
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release are available in the "Risks and Uncertainties" section of Tenet's Management's Discussion and Analysis (MD&A) filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca. Readers are urged to carefully consider these risks and uncertainties and not to place undue reliance on forward-looking statements.
Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316883
FAQ
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Who is Tenet's first Cubeler Business Hub lender dedicated exclusively to U.S. businesses?
Premium Merchant Funding, a New York-based commercial lender, has signed on as the Hub's first lender dedicated exclusively to lending and extending credit to U.S. small and medium-sized enterprises.