Do you have a qualified business opportunity in Lloydminster or are you looking to expand your existing company?
Bond Capital is a direct lender of mezzanine financing, private equity, subordinated debt and many other alternative forms of capital.
Bond Capital is an experienced Canadian merchant bank that specializes in an alternative form of capital called mezzanine debt. We are expertly positioned to offer business loan options in Lloydminster, a city ranked #1 and #2 in Canada for small and medium-sized entrepreneurs.
Nicknamed Canada's Border City, Lloydminster has the unusual geographic distinction of straddling the provincial border between Alberta and Saskatchewan, incorporated by both provinces as a single city with a single municipal administration.
Not only are there vast opportunities through a rich supply of geological wealth but also businesses benefit from two distinct provincial economies. Lloydminster has consistently been rated as a top Canadian city to start a business, with an entrepreneurial spirit that has created a vibrant community for all to benefit.
Entrepreneurs and prospective business owners who partner with Bond Capital will get 100% of the capital they need (as term loans, senior debt, subordinated debt, mezzanine debt, later stage venture capital, or equity) on time every time.Contact Us
- Senior Debt – this is what a typical bank offers but there are other sources of corporate loans that fall into this category. These loans have low interest rates but because of that low interest, the corporate lender will demand protection to ensure that if the company cannot repay its debts, they are the first to be paid out during any liquidation activity. Other risk-mitigating terms, such as a regular repayment schedule, can put undue pressure on a business that is using the loan to grow or expand.
- Equity – a common alternative to a business loan from a bank is to sell shares in the company. Equity is typically the most expensive form of capital because investors typically demand a greater than 25% return.
- Mezzanine Debt – appropriately named, mezzanine debt sits between equity and senior debt both in terms of risk and cost to the business. Mezzanine debt is generally considered the best alternative for companies that have been turned down by banks because the cost to the business is much lower than equity and the terms are far more favourable when compares to senior debt.
- Debt Alternatives – this is essentially debt restructuring where terms and payment schedules are re-negotiated to allow a company a greater chance of repaying the debt. This is only advantageous if a company already has a certain level of debt, is at risk of not being able to repay such debt, and the interest rates are such that a re-negotiation will allow the company to reduce its borrowing costs.