Tapping into private debt: what entrepreneurs should know
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.
6 May 2019•5 mins read
