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Greenscape and BDC – Partners in growth

Greenscape and BDC – Partners in growth

Is it real—or is it Greenscape? Chances are you’ll have to touch it to tell whether that greenery at the wedding is real or fake. And if it’s that hard to tell, it most likely comes from Greenscape Design and Décor, the fake plant experts who design and provide rentals to the film, special event, tradeshow and wedding industries. The Burnaby, B.C. company also provides custom décor for sale to restaurants, hotels, casinos, retail stores and airports. Well-known throughout Canada, the U.S. and Europe, Greenscape is renowned for adding wow to a space, raising a business profile, providing low maintenance solutions and creating just the mood customers want.

Greenscape recently turned to the Business Development Bank of Canada (BDC) for assistance in order to upgrade the company’s computer system and to purchase new production tools. BDC Financing provided Greenscape with an Information and Communications Technology (ICT) loan as well as a working capital loan.

The upshot of BDC’s assistance was high impact: Greenscape’s sales rose by 25% and the company beat its own prediction for annual sales by more than 10%. Greenscape also hired an additional design consultant, added eight people to its production team, and purchased new equipment for greater control over design and quality.

Says Greenscape owner Corinne Kessel: “As a result of BDC's support, we have been able to diversify and broaden our services, and position ourselves as leaders in the design and event industries. We’ve also been able to create meaningful job opportunities for women and youth.”