David Hastie joins the growing First West Capital team to head up major expansion plans in Ontario.
First West Capital has set its sights on the Ontario market and is proud to announce the appointment of its regional director, David Hastie who will be leading the charge in Toronto. With over 12 years of experience in investment and commercial banking, David will provide entrepreneurs with the customized, responsive and partner-focused service that First West Capital is known for.
The decision to expand First West Capital into Ontario is a natural progression for the growing firm, which has closed over $110 million worth of business since 2010. “We believe that successful, mid-market Ontario companies are under-served in terms of their access to capital. The Ontario economy is expected to outperform the national average for the foreseeable future, its export sector is strengthening, the province is home to a large number of businesses with intellectual property, and Ontario CEOs are among the oldest in the nation.
First West Capital is committed to being the leading provider of alternative commercial financing products in Canada, and looks forward to supporting the growth and transition of more Ontario companies. The company already does business in Ontario, but recognizes the importance of having a permanent presence in this market—someone with local knowledge in the region who understands its unique opportunities and challenges. Having David represent First West Capital in Toronto and its surrounding areas will enable First West Capital to seize new opportunities and build on our reputation so that it can continue to provide its clients with timely, local decision-making.
“I look forward to setting the stage for expansion and continuing to develop and foster the connections that First West Capital has built thus far,” says Hastie. Most recently David was a District Director for Roynat Capital. Prior to First West Capital, David’s positions included Associate at BMO Capital Markets and various positions at GE Capital. David received his Bachelor of Commerce degree in Business Management from the University of British Columbia and attained his Masters of Business Administration (MBA) in Finance from McGill University.
About First West Capital First West Capital specializes in financing small and medium-sized businesses, with funding ranging from $0.5 million to $10 million, across all industries in Western Canada and Ontario through customized subordinated loans and mezzanine financing. With a collaborative and partner-focused approach, we help clients finance expansion, acquisitions, MBO and shareholder buyouts, and high ratio real estate.