Zedcor Inc. (TSXV: ZDC), a Calgary-based vertically integrated video monitoring solutions provider, has announced an expansion of its credit facility with National Bank of Canada, increasing committed borrowing availability from $75.0 million to $100.0 million. The facility also includes an uncommitted $50.0 million accordion feature, bringing total potential borrowing capacity to $150.0 million. The non-dilutive financing comes as Zedcor reports strong demand for its MobileyeZ™ mobile security towers across Canada and the United States, with the company actively scaling production and expanding U.S. branch locations.

Key Points

  • Zedcor Inc. (TSXV: ZDC) is a Calgary-based VSaaS and mobile security tower provider operating across North America
  • Credit facility with National Bank of Canada expanded from $75.0 million to $100.0 million in fully committed capital
  • An additional uncommitted $50.0 million accordion feature provides up to $150.0 million in total potential borrowing capacity; existing terms and covenants are unchanged
  • Investors may be watching how Zedcor deploys this capital across its accelerating U.S. branch expansion and enterprise sales activity

Zedcor Secures $100 Million Committed Credit Facility With National Bank of Canada

Zedcor announced on October 13, 2026 that it has amended its existing credit arrangement with National Bank of Canada, raising total committed borrowing availability by $25.0 million to reach $100.0 million. The company states that the terms and covenants of the facility are otherwise unchanged. The addition of a $50.0 million uncommitted accordion feature means Zedcor could access up to $150.0 million in aggregate borrowing capacity should business conditions warrant. The release characterises the capital as non-dilutive, meaning existing shareholders would not face equity dilution from this financing structure.

Strong MobileyeZ™ Tower Demand Driving Capital Need Across Canada and the U.S.

The announcement states that Zedcor continues to experience very strong demand for its suite of turnkey MobileyeZ™ security towers, alongside customised mobile surveillance and live monitoring solutions in both Canadian and U.S. markets. The company says it is ramping up production to address latent demand while simultaneously expanding branch locations in the United States. Zedcor currently serves Canada through equipment and service centres in British Columbia, Alberta, Manitoba, and Ontario, with U.S. service centre locations described as having capacity to service markets nationwide.

Non-Dilutive Financing Strategy Tied to Recurring Revenue Visibility

In his comments included in the release, President and CEO Todd Ziniuk noted that a significant percentage of Zedcor's revenue and EBITDA is recurring in nature, which the company says provides increasing visibility and confidence in future cash flows. This recurring revenue profile, the release suggests, underpins Zedcor's ability to utilise non-dilutive debt financing and pursue what management describes as accelerated branch expansion alongside successful enterprise sales awards. The immediate share price impact was not clear from available public information.