Private Equity
It’s tough to find capital to execute on ambitious plans to grow, acquire or turn things around in Canada, particularly if you’re looking for $1 million to $20 million in financing. Entrepreneurs have experienced this predicament for years, and while the situation has improved recently, financing sources remain largely few and lacking flexibility. In a PE Hub Canada feature article, Trevor Simpson, director, private capital, at FirePower Capital, argues that private debt should be part of an entrepreneur’s arsenal of financing options when seeking out growth (or other) capital because it addresses the shortcomings of the alternatives, namely traditional bank debt and venture capital.
5 min read · 06 May 2019
Consider this...Company X is out of startup territory, with annualized revenue north of $2 million and growing fast. Company X needs to fund its growth, but it’s not quite at break-even yet, has no significant tangible assets to pledge as collateral, and has few financing options. In a PE Hub Canada feature article, Trevor Simpson, associate director, Private Capital, at FirePower Capital, discusses whether venture capital or venture debt is the answer.
4 min read · 28 February 2018
