Great West Equipment

Acquire commercial real estate to increase capacity and operational efficiency

Manages 11 branches throughout B.C. and the Yukon

About the company

Full-service heavy equipment distributor that offers first-rate after-sales parts and services product support for its equipment lines.

Location: Vernon, British Columbia

Industry: Heavy equipment sales and service

Entrepreneur challenge

With unprecedented growth needs, the company was looking to acquire properties to meet the increasing demands of heavy equipment clients throughout its territory. As well, during the COVID-19 pandemic, the firm was provided with working capital as a safety net to ride out this challenging period.

BDC expertise

Through multiple loans, BDC’s Corporate Financing experts provided commercial real estate financing to acquire properties. The bank was able to offer a high percentage of financing that would not have been available at other financial institutions. BDC also provided working capital to help the company during the pandemic.

Proven results

  • Built equity instead of leasing premises
  • Protected precious cash flow with high percentage of financing
  • Improved operational efficiency by constructing a larger building in one of its locations rather than operating from multiple sites
  • Significantly increased revenues, and is well positioned for further growth

Tell us about your project

Get financing to sustain your business’ growth.

Contact us