FINANCE YOUR NEXT STAGE OF GROWTH
Business Financing in Ottawa for Growth, Acquisitions & Expansion
Your business is established. Your revenue is growing. Now you need the right financing to make your next move.
Bank Street Mortgage helps established Ottawa businesses explore financing for working capital, expansion, business acquisitions, franchise purchases and other major growth opportunities.
Whether you need additional liquidity, want to purchase a competitor or are preparing to acquire an established business, we help you evaluate financing options and build a strategy around the transaction.
- Business Lines of Credit
- Term & Commercial Loans
- Business Acquisition Financing
- Franchise Financing
Business Financing Solutions for Established Ottawa Companies
Successful businesses still need capital.
You may have strong revenue and profitable operations but need additional financing to take advantage of an opportunity without putting unnecessary pressure on your existing cash flow.
That could mean:
- Increasing working capital
- Purchasing new equipment
- Opening another location
- Acquiring a competitor
- Buying an established company
- Purchasing a franchise
- Financing commercial expansion
- Restructuring existing business debt
The right financing structure depends on much more than the amount you want to borrow.
Lenders may consider the strength and history of your business, profitability, cash flow, existing debt, assets, management experience and the reason the capital is required.
At Bank Street Mortgage, we help business owners understand their options and position their financing request properly before approaching the right lending partners.
Financing Should Support Your Business — Not Restrict It
A strong financing strategy should provide the capital required for your next move while preserving enough liquidity to continue operating and growing the company.
Our goal is to help you find a structure that makes sense for the business today and where you intend to take it next.
PLAN THE FINANCING BEFORE THE OPPORTUNITY PASSES
The Right Business Financing Starts With the Right Structure
Getting approved for business financing isn’t simply about asking a lender for money.
The purpose of the financing matters.
A business seeking a revolving line of credit for working capital may need a very different financing structure from an entrepreneur purchasing a $3 million competitor.
Before approaching lenders, we help determine:
How much capital is actually required
The financing request should reflect the full cost of the opportunity and the liquidity the business will need afterward.
What the capital will be used for
Working capital, equipment, real estate, acquisitions and franchise purchases can require different lending solutions.
How the financing will be repaid
Existing business cash flow and the expected financial impact of the investment are important considerations.
How the transaction should be structured
Depending on the opportunity, financing may involve one facility or multiple sources of capital.
What lenders need to see
A properly prepared financing package can make it easier for a lender to understand the business, the opportunity and the repayment strategy.
Instead of starting with a lender, start with the financing strategy.
Business Financing Solutions We Can Help You Explore
Different business objectives require different financing strategies.
Business Lines of Credit
A business line of credit can provide established companies with access to additional working capital when needed.
Businesses may use revolving credit to help manage:
- Inventory purchases
- Supplier payments
- Seasonal cash-flow fluctuations
- Receivables gaps
- Short-term operating expenses
- Growth-related working capital
Rather than repeatedly applying for new financing, a line of credit can give qualified businesses ongoing access to approved capital within the terms of the facility.
Business & Commercial Term Loans
Planning a larger investment in the company?
Term financing may be considered for expenditures such as:
- Equipment
- Expansion
- Renovations
- Additional locations
- Technology
- Major business investments
- Longer-term growth initiatives
We help review the financing requirement and determine which lending structures may be appropriate.
Business Acquisition & M&A Financing
Acquiring another company can be one of the fastest ways to grow an established business.
If you are planning to:
- Buy a competitor
- Acquire a complementary company
- Purchase an established business
- Expand into a new geographic market through acquisition
- Acquire another company’s customers, operations or assets
Bank Street Mortgage can help you explore the financing side of the acquisition.
We review the business, transaction and financial requirements so you can better understand your potential financing options before completing the purchase.
Franchise Financing
Looking to open or acquire an established franchise?
Whether you’re considering a restaurant franchise, retail concept, professional service brand or another established franchise system, financing can be an important part of the acquisition.
We help qualified entrepreneurs and business owners explore financing for:
- Franchise acquisition costs
- Existing franchise purchases
- New franchise locations
- Equipment and improvements
- Working capital requirements
- Commercial property where applicable
Our Business Financing Process
Understand the Opportunity
We start with the business. What do you operate today? What are you trying to accomplish? How much financing is required and why?
Review the Financial Picture
We review the information relevant to the financing request, which may include company financials, revenue, profitability, cash flow, existing liabilities, assets and details about the proposed transaction.
Build the Financing Strategy
We determine what type of financing structure may best fit the opportunity and identify the information lenders will need to properly assess the request.
Approach Suitable Financing Sources
Rather than treating every lender the same, we help match the financing request with lending options appropriate for the business and transaction.
Move Toward Funding
We help coordinate the financing process, respond to lender requirements and keep the transaction moving toward approval and funding.
Why Ottawa Business Owners Work With Bank Street Mortgage
Business financing becomes more complex as the size of the opportunity increases.
Having an experienced financing professional involved can help you approach the transaction strategically.
Financing Built Around the Business
We look at what you’re trying to accomplish rather than forcing every transaction into the same financing product.
Multiple Financing Options
Your own bank isn’t necessarily the only place to look. We help explore financing alternatives based on the strength and needs of the business.
Acquisition Financing Experience
Buying a business is different from financing normal operations. We help you think through the financing requirements before you commit to the transaction.
Commercial & Residential Expertise
Business owners often have interconnected personal, corporate and real estate financing requirements. Our team can help look at the larger financing picture.
Local Ottawa Guidance
Work with an Ottawa-based financing team that understands business, mortgage and commercial lending.
BUSINESS & ACQUISITION FINANCING
Who Can Benefit Business Financing
Our business financing services are designed primarily for established businesses, experienced operators and qualified entrepreneurs pursuing serious growth opportunities.
We may be able to help if you:
- Own an established and profitable company
- Need additional working capital
- Want a business line of credit
- Need capital to expand your operations
- Plan to open an additional location
- Need financing for major equipment or investments
- Want to purchase a competitor
- Are acquiring an established business
- Are buying into an established franchise
- Want to acquire an existing franchise location
- Need financing connected to commercial real estate
- Are planning a transaction and want to understand financing before committing
The stronger and more established the business and transaction, the more financing options may be available to explore.
FAQ's
1. What types of business financing can Bank Street Mortgage help with?
We can help established businesses explore financing such as business lines of credit, term loans, commercial financing, acquisition financing, franchise financing and financing associated with business expansion.
The appropriate option depends on your company, financial position and intended use of the funds.
2. Can I get a business line of credit in Ottawa?
Established businesses may be able to qualify for revolving business credit based on factors such as financial performance, cash flow, credit profile, existing obligations and lender requirements.
We can review your situation and help determine what financing options may be appropriate.
3. Can you help me finance the purchase of another business?
Yes. Business acquisition financing is one of the areas we can help you explore.
If you are buying an established company or competitor, we can review the proposed acquisition and help determine potential financing structures for the transaction.
4. Can I finance the purchase of a competitor?
Potentially.
Acquiring a competitor may involve financing based on the strength of your existing company, the financial performance of the company being purchased and the overall transaction structure.
We recommend discussing financing early in the acquisition process rather than waiting until the purchase is nearly complete.
5. Do you provide M&A financing?
We can help with financing associated with mergers, acquisitions and business purchases.
Our focus is on helping structure and arrange the financing component of the transaction, including capital that may be required to purchase an established company or competitor.
6. Can you help finance a franchise?
Yes.
We can work with qualified individuals and business owners who are looking to open a franchise, acquire an existing franchise location or expand an existing franchise operation.
Financing options will depend on the franchise, borrower, investment required and overall financial profile.
7. What do lenders look at when financing an established business?
Requirements vary, but lenders may consider factors such as historical financial performance, profitability, cash flow, existing debt, assets, management experience and the purpose of the financing.
For acquisitions, information about the company being purchased may also be required.
8. What documents should I prepare for business financing?
Depending on the financing request, documents may include:
- Business financial statements
- Corporate tax information
- Bank statements
- Existing loan information
- Ownership information
- Personal financial information
- Purchase agreements or letters of intent for acquisitions
- Franchise documentation where applicable
- Details explaining the intended use of funds
The exact requirements vary by lender and transaction.
Finance Your Company's Next Move
You’ve spent years building your business.
When the opportunity comes to expand, acquire a competitor, purchase a franchise or make another major investment, the financing should be planned just as carefully as the business decision itself.
Bank Street Mortgage helps established Ottawa business owners explore financing options and build a strategy around their next stage of growth.
Let’s understand the opportunity before you commit to the financing.