Transition
Pay out a former owner

Pay out a former owner

Keep cash where it’s needed and achieve full operational control by refinancing a legacy vendor take back note (VTB), so you can stay focused on growing your business.

Why it’s challenging

Oftentimes, a vendor note is due in one lump sum —at a time when you may not have the cash or you have reached your limit with your traditional lender. We can help you by re-amortizing the VTB over time, giving you flexibility and keeping cash in the business.

Our approach

We help you access capital to achieve and maintain ownership by eliminating financial hurdles, providing flexibility and creating strong partnerships.

Meet our team

We’re a small, dynamic group of financial professionals who really love what we do. #BusinessNerds #ForTheLoveofBusiness

Businesses like you

First West Capital finances MBO for local organic flour mill

Transition | Anita’s Organic Mill

MBO provides Anita’s Organic Mill the opportunity to grow as the demand for its organic, wholegrain products increases.

First West Capital facilitates a smooth shareholder buyout for Zucora

Transition | Zucora

Our partnership with Zucora proves that a shareholder buyout doesn’t have to be difficult – it just needs to be smart and responsive.

First West Capital aids in shareholder buyout for Winnipeg-based business

Transition | Big Freight

A change in ownership was necessary in order to maximize on the opportunities that were available to the organization.

What we look for

We work with emerging, expanding and established businesses that:

  • Have strong management
  • Operate in a sustainable market
  • Can demonstrate a history of positive cash flow, or strong near-term potential

We provide junior capital financing from $500K to $10M.

Junior capital solutions

We offer a suite of debt and equity products, including subordinated debt, mezzanine financing and minority equity—that’s fancy for second-position financing. It’s flexible, patient and minimally dilutive.