A few of our recent deals are shown below:
HVAC Contractor: $1.5M Term Loan
A well-established GTA based HVAC contractor required a Term Loan to bolster their balance sheet and improve their working capital. SCF arranged a $1.5M Term Loan secured by real estate. The funds were injected into the company which immediately solved the working capital issues.
Construction Company: $1.0M Term Loan and $1.0M Accounts Receivable Financing
A historically successful southern Ontario based construction company faced a decline in sales due to a COVID related slowdown in their sector. Their Schedule A bank entered into a Forbearance Agreement with the client while they searched for replacement financing. SCF arranged a $1.0M Term Loan secured by real estate and a $1.0M Operating Line margined against accounts receivable. The bank was repaid in full.
Acquisition Financing: $7.0M Term Loan and $1.0M Operating Line
The owners of a very successful GTA based commercial cleaning company wanted to sell and retire. The Vendors engaged an M&A firm to represent them and solicit offers. The prospective Purchaser required additional financing and the M&A firm reached out to SCF to assist the Purchaser. SCF arranged a $7M Term Loan facility and a $1.0M Operating Line in addition to the Purchaser’s investment.