Six Key Factors When Considering Alternative Financing
Every small to medium-sized business (SMEs) requires financing at some point—but what happens when traditional lenders aren’t in the position to help? Tim Vermeulen discusses alternative financing solutions and offers up six…
The Hidden Truth: Financing Options for Canadian SMEs
While the lending market is changing—and financing options are more plentiful for Canadian SMEs in need of capital—finding the right option can be challenging. Many solutions require a mix-and-match approach. Tim…
Retail: How Lenders are Overcoming the Fear
The world of retail can be scary—especially from a lender’s perspective. Recently, many well-known retailers have closed-up shop and many more continue to struggle. Even before the current environment, lenders have…
Financing Options During a Legal Dispute
When large public companies get into legal disputes, they have plenty of liquidity available to proceed with business as usual even if the dispute leads to a protracted defence. But for a majority of businesses…
Advising Business Clients with Difficult Financing Requests
A common issue that companies face is that they have an imminent and material financing need and have been looking to their current lender to provide the financing. The lender, for various reasons, has determined…
Bridge Financing Lenders Part 1: Keeping the Bank Comfortable Until Refinancing or Takeout
In the normal course of business, both banks and business owners can face transitional situations where an immediate or short-term need for financing outstrips the capacity of either party; or alternatively, neither can provide…
A Financing Check-up: Save Time and Maximize Strategy
As a former CFO, I know how important developing a sound business strategy and vision is for any company. Establishing goals, driving growth and providing strong leadership are vital to take a business to the…
The ‘5 Cs of Credit’ – Insider Tips for Your Business from a Former Banker
You’ve worked hard to build your business to the point where it needs more money to meet customer demand. You now need financing to support the need for more inventory, for hiring new employees…
Accounts Receivable Insurance: A Great Investment
What would happen to your bottom line and cash flow if one of your major customers went bankrupt and didn’t pay their invoices? Does your financing facility limit your borrowing to only 50% - 65…
Two Things to Consider When Your Bank Wants Out and You Are Considering Refinancing Options
Over the past few years, I have met with a number of businesses that were experiencing cash flow issues. This is a tough reality that almost all businesses face at some point in their life…