What a lender sees depends on what you own.
An asset heavy business and a services business at the same revenue are two different files. These are the sectors we work in, and what a lender looks at in each.
Manufacturing and fabricationEquipment heavy balance sheets, long production cycles, and a working capital gap that grows with the order book.Construction and tradesProgress billing, holdbacks and mobilisation cost, against a fleet that finances well and a receivable book that does not.Transportation and logisticsFleet finance, fuel and driver cost ahead of settlement, and freight receivables that convert reliably.Wholesale and distributionInventory and receivables that support an asset based facility, with the season deciding when the cash is needed.Retail and e-commerceSeasonal inventory, platform settlement timing, and a fit out that needs financing before the store opens.Food, beverage and hospitalityKitchen and production equipment, franchise growth, and a renovation cycle that has to be funded ahead of trade.Healthcare and professional practicePractice acquisition, partner buyouts and clinical equipment, against predictable billings and a professional covenant.Professional and technology servicesFew hard assets, strong receivables, and recurring revenue that some lenders will underwrite and most will not.Real estate and developmentPurchase, refinance, bridge and construction facilities, referred to licensed mortgage brokerages.Agriculture and agri processingEquipment, land, and an operating cycle where the whole year settles in a few weeks.
Bring the deal before a lender forms an opinion.
Four questions to start, and no email until you have the answer.
No lender hears your name until you say so.
A request emailed to twenty lenders leaves twenty records. The next one to see it reads the declines before they read the deal, and a file that looks shopped is priced as one. So the list is built with you, approved by you in writing, and nothing leaves this office before that.
See where you stand
- Call
- 416-841-8468
- Hours
- Weekdays, Toronto time