Living Lighting Newmarket

Get financing to buy your dream business
Stephen Callaghan
Bema Panels
Stephen Callaghan

Entrepreneur challenge

The CEO and co-owner had worked as a manager in the store and was looking to buy the business from the former owners who were retiring. Given that he was purchasing inventory and goodwill rather than hard assets, he needed to partner with a financial institution that would be receptive to providing a loan.

BDC expertise

Based on the owner’s excellent credit record, ability to invest in the business and proven management capabilities, BDC’s financial experts provided financing with flexible terms in order to purchase the business and maintain vital cash in the company.

Proven Results

  • Increased control over company’s destiny
  • Grew sales significantly
  • Preserved cash in the business to invest in growth opportunities

13%

sales growth within 2 years

10

fold growth in net income

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Get financing to sustain your business’ growth.

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