What Statesman Capital does

Statesman Capital Corporation is a privately held, non-bank mortgage lender founded in 1989 and headquartered in Vancouver, British Columbia. The company provides short-term first and second mortgage financing on residential and commercial properties, as well as construction and development financing, land development financing, refinancing, mezzanine financing, joint venture equity, and subordinated debt. Loan sizes range from $100,000 to $10 million with terms of 3 to 24 months and rates starting at 5.75% for qualified borrowers. Statesman operates across British Columbia and Alberta, with concentration in the Lower Mainland (Vancouver, Richmond, Surrey, Langley) and additional reach into Calgary, Edmonton, and Victoria. The business is registered as a mortgage broker under the BC Mortgage Brokers Act and is a member in good standing of the Mortgage Brokers Association of British Columbia.

The company's revenue model is primarily interest income from short-term mortgages, augmented by a Secured Mortgage Income Fund offered to private and institutional investors; the fund is currently closed to new investment. Distribution runs through two channels: direct borrower engagement (individual property owners, developers) and a long-standing mortgage broker network across BC and Alberta that originates loans and hands them to Statesman for full lifecycle funding and servicing. The firm's competitive positioning rests on speed (24-hour decisions, 48-hour funding), flexibility on terms and qualification, and 30+ years of relationship depth in the Western Canadian private lending market. Management is concentrated in two principals: Daniel Lipetz (Principal and Manager, with a legal background and 18+ years of real estate finance experience) and Michael Balakshin (Broker and Manager, with 25+ years of mortgage arranging and underwriting experience).

The core technology is described as a non-bank mortgage lending platform with no proprietary AI/ML components disclosed. There are no APIs, no app, no integrations, and no digital product surface beyond a basic website with an application form. Operationally, Statesman is a relationship-led, document-intensive lender where differentiation comes from underwriting judgment, broker relationships, and capital deployment speed rather than from technology. The company has no disclosed funding rounds, no M&A activity, and no public revenue or headcount data; it appears to be founder/principal-owned with continuous operation across three and a half decades.

Name

Statesman Capital

Legal name

Statesman Capital Corporation

Website

https://statesmancapital.ca

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Statesman Capital Corporation is a Vancouver-based, privately held non-bank mortgage lender founded in 1989 that provides short-term (3–24 month) first and second mortgages on residential and commercial properties in British Columbia and Alberta, distributing via direct sales and an established broker network.

Ownership category

akta.pro rank

Product category

Private Mortgage Lending

NAICS

Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)

akta.pro primary industry

Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)

akta.pro secondary industries

Private Credit — Real Estate Debt (Bridge, Mezz, CMBS-like) (FSAHAJAI), Direct Lending — Junior Capital (Second Lien & Mezzanine) (FSAHAJAC), Debt Capital Raising Intermediation (Private Debt/Mezzanine/Bonds) (FSAEALAM)

Keywords

• Private mortgage lending
• Real estate financing
• Bridge loans
• Construction financing
• Mortgage income fund

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Mortgage Interest Income: Revenue generated from interest on first and second mortgages provided to residential and commercial borrowers. Short-term financing products with terms typically 3-24 months. Also offers Secured Mortgage Income Fund for private and institutional investors.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Statesman Capital is a non-bank mortgage lender that provides short-term (3-24 month) first and second mortgage financing on residential and commercial real estate in British Columbia and Alberta. It also offers construction and development financing, land development financing, refinancing, mezzanine financing, joint venture equity, and subordinated debt, with loan sizes ranging from $100,000 to $10 million. In parallel, it operates a Secured Mortgage Income Fund that gives private and institutional investors access to the firm's mortgage portfolio.

Product overview

Statesman Capital is a non-bank mortgage lender offering a comprehensive suite of real estate financing products. The company provides first and second mortgages on residential and commercial properties, construction and development financing, refinancing solutions, and alternative financing structures including mezzanine financing, joint venture equity, and subordinated debt. Loan amounts range from $100,000 to $10 million with terms typically from 3 to 24 months. For investors, the company offers a Secured Mortgage Income Fund providing access to high-yield mortgage investments. The company primarily serves British Columbia and Alberta markets with emphasis on Vancouver and the Lower Mainland.

Differentiator

Problem solved

Functional benefit

Brands

• Secured Mortgage Income Fund: A high yield investment fund offered to private and institutional investors participating in mortgage lending.

Products and services

• First Mortgages on Residential Properties

Quantifiable outcome

• Loan decision within 24 hours
• +4 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Trez Capital: One of Canada's largest non-bank private mortgage and real estate lenders, with strong Western Canada presence. Directly comparable to Statesman in originating short-term mortgages and running pooled mortgage investment funds for investors.
• CMLS Financial: Canadian non-bank mortgage lender focused on residential and commercial mortgages. Comparable in originating mortgages outside the traditional bank channel, though larger and more diversified than Statesman.
• DLC Group: Canadian private mortgage brokerage and lender network with national broker channel. Comparable in working through mortgage brokers to originate short-term private mortgages for non-bank-qualified borrowers.
• Centurion Asset Management: Canadian private lender offering mortgages on residential and commercial real estate, plus mortgage investment funds. Comparable product mix (first/second mortgages, construction financing) and similar non-bank lender business model.
• Bridgewater Capital: Canadian private mortgage lender specializing in short-term bridge and construction financing. Comparable in targeting borrowers who don't qualify for traditional bank financing, with similar BC/Alberta-adjacent geographic focus.

Broad incumbents

• Home Capital Group: Canadian alternative mortgage lender specializing in residential and commercial mortgages for non-prime borrowers. Comparable niche focus on borrowers outside traditional bank criteria, but operates nationally at materially larger scale.
• Equitable Bank: Canadian Schedule I bank focused on alternative residential and commercial mortgage lending. Comparable end market (borrowers underserved by big banks) but operates at much larger scale with deposit-funded balance sheet.
• First National Financial: One of Canada's largest non-bank mortgage originators and underwriters. Comparable in serving borrowers outside the big-bank channel, though operates at significantly larger scale with securitization-based funding.
• RFA Bank (formerly Street Capital): Canadian alternative mortgage lender providing single-family and commercial mortgages. Comparable in targeting borrowers underserved by traditional banks, with a similar non-bank lender model but broader geographic reach.

Emerging players

• Pineapple Mortgage (Pineapple Financial): Canadian mortgage brokerage and technology platform. Partially comparable in channel-based mortgage origination with digital infrastructure, though primarily a broker/aggregator rather than balance-sheet lender.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/StatesmanCap
• Facebookfacebook.com/StatesmanCap

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Statesman Capital