FINANCING

Expert Customized Options

We help small and medium-sized companies explore a range of financing options and offer the best solutions to meet their goals.

Excelsior's Approach
  • Raise suitable financing to meet business needs.
  • Harness our strong network of relationships in the financial community to source lenders or equity investors best suited for Excelsior clients.
  • Maintain long-term relationships and act as an expert advisor before and after the financing process.
Excelsior Financial Solutions
  • COMMERCIAL FINANCE:

      At Excelsior we help our clients navigate their options for securing a range of loans to satisfy their capital needs. Loans can help refinance existing debt, expand a business, fuel dreams to grow internationally, or simply lease new equipment. We understand the importance of cash flow to ensure businesses succeed.

    • Working Capital Loans:

      Businesses require secure cash flows to succeed. We arrange adequate lines of credit to meet your working capital needs. We compare products of leading financial institutions and build long-term relationships with lenders who are the best strategic fit for your company.

      By working closely with our clients to understand their business model and industry dynamics, we ensure adequate cash flows at every stage of their business cycle. Operating lines of credit are typically established against margining of accounts receivable and inventory. We also look at more creative ways to structure working capital facilities to meet your unique business needs.

    • Term Loans:

      We arrange term loans for purchase of new or used capital assets, refinancing of existing debt, and business expansion and acquisitions. Flexible payment terms are available. We also specialize in revolving term loans that offer highly flexible repayment options that are best suited for staggered purchases or cyclical business needs. Clients can choose between fixed rate loans or prime-based variable rate loans.

    • Canada Small Business Financing Loan (CSBFL):

      Ideal for start ups and expansion projects, the Canada Small Business Financing Program seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses in Canada.

      The Canada Small Business Financing Program provides Canadian businesses with up to $500,000 in financing for purchase of land or business premises (with no more than $350,000 for leasehold improvements and equipment).

      With assistance from the federal government, businesses can support their financing requirements without using personal assets as security.

      A business loan insurance plan is also available (certain restrictions may apply).

    • Trade Finance:

      We assess our clients' trade finance requirements and arrange the most effective solutions for growing their international business. For importers, we arrange letters of credit including sight and Usance LC's, Back-to-Back LC's and Standby LC's. For exporters, we arrange pre-shipment and post-shipment financing to help support working capital.

    • Leasing:

      We provide creative leasing solutions to help businesses finance commercial equipment, vehicles, office furniture and much more. We arrange the best lease terms at the most competitive rates.

    • Commercial Mortgage Financing:

      We specialize in financing both owner-occupied and investment properties, including industrial buildings and complexes, commercial plazas, gas stations, apartment buildings, hotels, and motels.

      Through our solid relationships in the lending community and our extensive network of real estate specialists we are committed to finding solutions that meet each client's individual needs.

    • Asset Based Lending:

      Asset-based lending (ABL) is a form of working capital that is secured by assets such as accounts receivables, inventory, machinery, equipment and/or real estate. This form of financing is ideal for companies in transition, including start ups, as well as companies growing organically, through merger or acquisition, or by refinancing existing debt or management buy-outs.

      At Excelsior, we arrange financing in the form of margined working capital loans and selective invoice discounting. In each case, we arrange funding that meets the unique characteristics of a client's industry and business.

  • PERSONAL FINANCE

    At Excelsior we help our clients arrange financing for acquiring residential property and home renovations. We also handle debt consolidation, assist in lowering monthly payments, and financing other personal needs.

    • Residential Mortgages:
      • Fixed rate mortgages: Ideal for clients who want the security of a fixed interest rate and want to avoid interest rate fluctuations.
      • Variable rate mortgage: A variable rate mortgage generally offers the lowest mortgage rate available and can potentially save thousands of dollars in interest costs over the life of a mortgage.
      • Self-employed mortgages: The self-employed mortgage is ideal for business owners or self-employed professionals, and who have been in business for more than three years. We may be able to finance up to 85 per cent of the appraised value of their home when refinancing, and up to 90 per cent of the appraised value of the home they are purchasing.
    • Home Financing:

      At Excelsior we can help first-time buyers purchase a home with a minimum down payment. We can also assist existing homeowners, with minimum equity in their current home./p>

      With a Home Credit Line, individuals can manage their mortgage and personal credit under one plan which they can designate for different needs, including home renovations, a new car, a vacation or even their child's education.

      Home Credit Line also allows individuals to split their mortgage and enjoy the advantages of both variable and fixed rates.

    • Personal Line of Credit and Loans:

      For individuals making a large purchase or for first-time borrowers, Excelsior can arrange a loan to meet their needs.

    • Fixed and Variable Rate Personal Loans:

      A fixed or variable rate loan can help individuals increase their net worth by paying off their debts more quickly. Whether borrowing to purchase that new car, boat, or furnish an apartment, flexible repayment terms and diverse payment options give clients a greater peace of mind knowing payments remain consistent.

      Our specialists help clients choose the best option.

    • Automobile Financing:

      Excelsior can arrange car loans through dealers. Car loans typically have a term of one to seven years. Deducted automatically from your chequing account, clients can choose from a wide range of payment options, including monthly, semi-monthly or even bi-weekly. Fixed or variable interest rates are also available and clients can opt to switch between them at any time.

    • Business Credit Cards:

      Excelsior arranges credit cards for small businesses needing access to capital of up to $50,000. Business expenses can be streamlined by choosing cards that offer superior rewards and insurance.

      With flexible reporting options, commercial credit cards make it easier to manage corporate travel and entertainment costs. Administrative costs can also be reduced on everyday low dollar purchases.