NorthSpring Capital Partners is also focused on helping clients to significantly grow their business. Lack of financing is a significant impediment to growth and the health of a business. We understand the necessity of having a strong balance sheet to mitigate the many risk factors facing manufacturing and processing companies such as fluctuating exchange rates and interest rates, increasing competition from abroad and an unpredictable economic cycle. Local Waterloo Region companies such as Research in Motion, Com Dev and ATS Automation Systems all successfully weathered significant business challenges because they had the foresight to build strong financial bases at opportune times.
We help companies in the following situations:
- You have a new business opportunity that you lack sufficient financing to take advantage of;
- You have difficulty in arranging conventional financing from banks and term lenders;
- You want to maximize the benefits of the SR & ED tax credit program and obtain immediate financing for your claim; or
- You are offside on loan covenants such as working capital and debt to equity.
NCP’s preferred market for growth financing is manufacturing and processing, businesses located within two hour’s drive of Toronto, Ontario requiring between $250,000 and $750,000 of subordinated debt and/or equity capital to take advantage of a significant growth opportunity.
NCP is more than just a financial partner. We bring to the table industry-specific knowledge and experience to help our clients to grow their businesses to the next level. We are associated with The Algranti Group of Companies, comprising world class and award winning businesses in a diverse array of activities. These activities include:
- SR & ED and business consulting services
- Manufacturing of consumer and industrial plastic products
- High precision mold and tooling design and manufacturing
- CNC machining services
- distribution of home and garden products
- graphic design and promotional services
- turnkey e-commerce solutions.
NCP strives to build long-term partnerships where our experience and resources will significantly contribute to the growth and success of the companies and management teams we invest in.