Financing Growth
There are a number of ways to fund business expansion for emerging companies depending on the specific need. We can review your current and proposed needs and discuss strategies to approach potential funding partner(s).
Various funding options include:
- Working capital
- Bank operating lines of credit for working capital (receivables and inventory)
- Factoring receivables
- Asset acquisition
- Bank or third party term loans for equipment
- Leasing equipment
- Long term expansion
- Current shareholder additional funding via loan or shares
- Loan advancement by third party investors
- Issuance of shares to third party investors
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" As a small business owner Michael’s firm has been the perfect find for all of my accounting & tax needs, business advice and support. Mike and his team place customer satisfaction at the top of their agenda and back it up with all of the knowledge you could ever need to know for running a business. Any enquiry or concern is swiftly dealt with and the support offered is second to none. As a potential new business owner or existing company I would recommend Mike, his staff & firm as the perfect support for you - I have total confidence in them as they earn it on a daily basis. "
Joe Floriano - Entrepreneur -
" I have had the good fortune to have worked with Michael and his associates for some 25 years, not only as competent chartered accounting firm but also as a valued advisor and consultant. Mike and his team provide expertise and advice beyond the numbers, something that is critical in the decision making process for an entrepreneur in particular. He continues to assist us through his networking with other business services and banking professionals, as well as commitment to keeping up with technology. This comprehensive approach to the services he provides makes him the “go to” resource for many of the decisions to be made for our business. "
Bruce Holtom - FenceSource -
" We have been with Michael’s firm for many years and have found that the service we received from Michael and his staff has always been excellent. He thinks like an entrepreneur, so his business advice and networking connections have greatly benefited our businesses on an ongoing basis. We have been very happy with the firm’s services and will continue to use Michael’s firm for our business and personal needs. "
Ron & Monica Trivett - Golden Environmental Services Inc. -
" Mike, l would like to pass on a very appreciative thank you to not only yourself but your hard working staff. Your dedicated professionalism and thoroughness makes it a pleasure doing business with your firm. "
Fred Kesak - All Season Storage -
" I was referred to Michael’s firm by a few different banks. I had a business in mind that was different from most and getting financing was an issue. We sat down and discussed my business concept with Mike from which he was able to create a business plan that made sense to a financial lender. He then put me in touch with his networked connections in the financial world and really got the ball rolling for us and I was then able to proceed with opening my business. However, Mike didn't stop there. He knew I was new to the business world of small independents. He introduced me to his business network (BNI) where I met several business owners. Mike also referred me to other businesses who could assist with my business' needs. When there was an issue with an HST filing, Mike and his staff worked diligently to successfully resolve the issue with the CRA. He has also been a great supporter of my business and I can't thank him enough for everything he has done for me. Whether you want someone to review your business idea to ensure it has a sound business plan behind it or if you just need an CPA that you can trust I highly recommend Michael Kostrich CPA Professional Corporation. They see the person behind the numbers and work with them as part of their advisory team to help them grow and prosper. "
Tadeene Mulders - Perplexcity Escape Rooms and Board Game Cafe -
" We have the highest regard for the professionalism of Mike and the entire team at Michael Kostrich CPA Professional Corporation. Over the past 10 years they have provided both personal and business advice to our group of companies. In that time they have always been punctual and professional with all of our fiscal reporting, company payroll, bookkeeping, and tax services. They help our businesses run extremely efficiently because they have truly partnered with our companies in order to keep us on track all the time. The personal and courteous service of all the team members, the prompt answers to any and all questions, their careful attention to detail & up-to-the-minute knowledge of current tax laws, and wonderful advice have all been factors which have contributed to the continuous success at our companies …. we feel truly fortunate to have this hard-working team in our corner. Michael is also very well networked in the financial industry and can give entrepreneurs and small business owners the right referrals, professional advice and direction they need to grow and prosper. "
Lawrence & Kimberly Crook - Glow Day Spa Inc | Slide’em Inc | Muskoka Spa Resorts Holdings Co.Corp