Loan Size
  • $1,000,000 to $10,000,000
Cost of Capital
  • 14% - 18%
  • 6 - 24 months (with option to renew for 1% fee)
  • Revolving ABL governed by working capital borrowing bases
  • Senior Term Loans (Interest Only or Amortizing)
  • Subordinated Term Loans (Interest Only or Amortizing)
Industries Served
  • All industries with a Canadian head office
  • Advances to U.S. subs of Canadian companies available
Key Investment Criteria
  • Companies that are going concerns supported by committed management teams
  • 1st GSA security in most cases supplemented by personal guarantees if / as required
Transaction Profiles
  • Under forbearance with existing lender
  • Operational turnarounds
  • Early stage growth companies tracking to profitability
  • Timeliness and certainty of funding are key considerations