Organise & utilise capital more efficiently
At some stage or the other during their lifespan, companies look at securing capital for needs like expansion, purchasing stock, avoid cash problems, expansion etc. There are a number of hassles in organizing capital especially if you are a small – medium sized business.
Financial solutions with an impeccable track record
When you approach financial institutions, credit history, repayment terms, interest rates etc. can quickly put you in unfamiliar waters. We have seen a number of companies in Toronto and Vancouver find themselves in this situation and come to us for financial solutions and consulting. IOS offers financial solutions with an impeccable track record.
We ensure that we secure capital, at competitive rates using our experience and relationships we have with lending companies and equity investors. We also have years of experience in working capital loans, small business loans, and commercial mortgages. Prior to suggesting the best funding option, we analyze the length of time the business has operated, its financial health, credit rating, assets and liabilities, collaterals etc.
Working Capital Loan
A working capital loan is obtained primarily to address the daily operational needs of a company. These loans should not be used to buy investments or long-term assets. They should strictly be used to cover short term operational needs such as costs like rent and debt payments, payroll etc.
These are secured loans usually taken for a medium-term source financed primarily by banks and financial institutions. These can help companies that want funds for growth effort such as expansion, entering new markets, modernization and diversification.
Funds received from trade loans can be used between the purchase of goods and the time when the firm receives the funds from the sale of those goods. Banks can offer letters of credit and bank guarantees when a purchase takes place to assist companies.
Canada Small Business Loan
This can be used by small for-profit companies in Canada, with gross annual revenues of $10 million or less. A maximum of $1,000,000 can be obtained from this. There are limitations in place – for instance only less than 35% can be used for leasehold improvements, purchasing equipment, improving existing equipment etc.