Financing your Business Growth: Which path to choose?
It’s one of the biggest conundrums business owners and CFOs face: they need money to grow, but the array of financing options can be confusing. Decisions have to be made that will have profound short and long-term implications. While debt seems costly in the short run, it can be repaid without giving up ownership. Equity often has no cost or drain on cash flow, but longer term it’s usually the most expensive way to fund growth. Today’s marketplace also offers some blended debt-equity options worthy of consideration. We’ve gathered a top-flight panel of lenders, equity partners and advisors to help you navigate the sea of options:
1) Senior debt. Zeeshan Mayeenuddin, Director, Financial Sponsors & Leveraged Finance for TD Bank will represent and share the commercial loan option
2) Mezzanine debt. Lee Grimshaw, Managing Director, BMO Capital Partners – Equity and Mezzanine will discuss subordinated and mezzanine financing, including a hybrid blend of debt and equity
3) Royalty Funds. Justin Currie, CEO and Director, Royalty North will explain the royalty financing option – a relatively new market entrant, allowing a company to obtain a form of cash flow financing.
4) Private Equity. Over the past 20 years, private equity has largely replaced the public markets as a source of equity for the middle market. Klemens Wilhelm, Principal at Fulcrum Capital Partners will explain how private equity can provide a stable source of capital and much more.
Our panel features moderator, Peter Mogan, Managing Partner of Mogan Daniels Slager, a leading mid-market M&A law firm in B.C. and advisor Andrew Kemper, Partner with Capital West Partners, a top-tier M&A advisory firm in Western Canada. For any business leader or CFO seeking to raise capital, this is an invaluable opportunity to learn from industry leaders and to gain clarity about how to finance your company’s growth. To register for the BC Middle Market Growth Conference on April 11, click here.