Commercial Real Estate Financing
We provide senior mortgage financing and mezzanine debt for commercial real estate transactions across all major Canadian markets. Our lending parameters are more flexible than institutional lenders, allowing us to finance transactions that may not fit within the strict guidelines of banks and life insurance companies. We underwrite value-add acquisitions, construction projects requiring bridge capital during lease-up, refinancings of maturing debt in rising rate environments, and recapitalizations of stabilized assets seeking to release equity for new investments.
Our typical real estate transactions range from CAD 1 million to CAD 25 million for first mortgage positions, with the ability to participate in larger transactions through our syndication network. Loan-to-value ratios range from 60 to 75 percent depending on asset class, location, and sponsorship quality. Interest rate options include floating rate based on prime or banker acceptance rates, fixed rate swaps for longer-term facilities, and participation structures that share upside in exchange for higher advance rates. All transactions are secured by first or second mortgages on the underlying property.
Business Acquisition Financing
Our acquisition financing solutions enable entrepreneurs, management teams, and corporate acquirers to execute business acquisitions with capital structures that balance leverage with sustainability. We evaluate each transaction on its own merits, focusing on the target businesss cash flow generation, market position, customer concentration, management depth, and integration plan. Our financing structures include senior term loans amortizing over 5 to 10 years, subordinated mezzanine tranches with payment-in-kind options, and equity co-investment bridges for transactions requiring sponsor equity seasoning.
We finance acquisitions across all sectors including manufacturing, distribution, business services, healthcare, technology, and special situations. Transaction sizes typically range from CAD 2 million to CAD 30 million in enterprise value. Our typical advance rate is up to 4.5 times senior EBITDA in total leverage, with the exact structure dependent on industry dynamics, asset intensity, cash flow predictability, and management equity contribution. We work closely with private equity firms, search funds, and independent acquirers.
Equipment & Asset Leasing
Our equipment finance division provides capital for the acquisition of productive assets across all major equipment categories. We structure transactions as operating leases, finance leases, and secured loans depending on the borrowers tax position, accounting preferences, and balance sheet strategy. Our underwriting evaluates the equipment residual value, useful life, remarketability, and the borrowers credit quality to determine appropriate advance rates and terms.
Equipment categories we regularly finance include CNC machinery and industrial automation, construction and earthmoving equipment, medical imaging and diagnostic equipment, material handling and logistics equipment, commercial vehicles and fleet assets, IT and data centre infrastructure, and agricultural equipment. Transaction sizes range from CAD 100,000 to CAD 10 million with terms from 24 to 84 months. We offer both new equipment financing and sale-leaseback transactions for existing owned assets.
Working Capital Solutions
Our working capital facilities provide growing businesses with the liquidity needed to manage cash flow cycles, fund inventory builds, finance accounts receivable, and execute growth initiatives without the administrative burden of traditional asset-based lending. Facilities are structured as revolving lines of credit with borrowing bases determined by eligible accounts receivable and inventory, with advance rates typically ranging from 75 to 85 percent on receivables and 40 to 60 percent on inventory.
We also offer purchase order financing for businesses that have secured large orders but lack the working capital to fund production and delivery. Purchase order facilities are typically structured as transaction-specific advances against confirmed purchase orders from creditworthy end customers, with repayment tied to the invoicing and collection cycle. Our working capital products are designed for businesses with annual revenues between CAD 2 million and CAD 50 million that have outgrown their existing operating lines.
Private Credit Investments
Our private credit platform provides direct lending solutions to established Canadian businesses seeking alternative capital outside of traditional bank channels. We offer senior secured notes with terms of 2 to 5 years, subordinated debentures, preferred equity structures, and revenue-sharing or royalty-based financing for businesses with predictable recurring revenue streams. Our investment criteria focus on businesses with at least three years of operating history, positive EBITDA, diversified customer bases, and experienced management teams.
Investment sizes range from CAD 2 million to CAD 20 million per transaction. Our typical target returns range from 8 to 14 percent for senior secured instruments to 15 to 20 percent for subordinated and structured products. We do not require control positions, board seats, or restrictive covenants beyond standard financial maintenance and reporting requirements. Our private credit portfolio is funded through our proprietary balance sheet and capital commitments from institutional limited partners.
Financial Advisory Services
Our advisory practice provides independent financial advisory services to companies seeking to optimize their capital structure, source financing, or evaluate strategic alternatives. We do not charge upfront retainers for capital advisory engagements; our compensation is typically structured as a success fee upon closing or an hourly fee for specific financial analysis and modelling projects. This alignment ensures our interests are directly tied to your ability to secure suitable financing.
Advisory engagements include capital structure assessment and optimization, debt sourcing and term sheet negotiation, financial model construction and scenario analysis, lender due diligence coordination, refinancing strategy and execution, and exit readiness and sale preparation support. Our advisory team is independent and does not require exclusivity, allowing our clients to engage us alongside their existing banking relationships and professional advisors without conflict.