Kasteel Construction and Coatings

Get financing to grow your business and build a strategic plan to succeed
Everett Kasteel

Takes pride in workplace safety, as a number-one priority

About the company

A Northern construction and coatings company that meets the demands of the North

Location: Yellowknife, Northwest Territories

Industry: Construction

Entrepreneur challenge

The company was looking to invest in commercial properties, and also sought financing to meet security and bonding requirements for contracts. The firm also wanted to develop a strategic plan that would provide a clear roadmap for future growth.

BDC expertise

BDC provided commercial real estate financing for two properties, as well as working capital to meet the company’s securities and bonding requirements. BDC’s strategic planning experts also helped the business develop a rigorous strategic plan to guide its decisions during a critical period of growth.

Proven Results

  • Scaled up business
  • Created a safety and training division to offer services to other companies
  • Renovated a seven bedroom staff house for remote employees
  • Developed a well-structured strategic plan with buy-in from management team and employees
  • Avoided layoffs during the pandemic

Tell us about your project

Get expert advice to sustain your business’ growth.

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