Canadian Alliance Terminals Inc.

Canadian Alliance Terminals Inc.

Canadian Alliance Terminals Inc. (CAT) is a third-party logistics and freight forwarding business located in Delta, BC. CAT specializes in providing logistics support to a wide variety of industries including food products, home appliances, consumer electronics, hazardous materials, automotive parts, and more. CAT values long-term relationships and is known for its excellent customer service. If you require a top tier 3PL provider in Western Canada please reach out to Sid Sethi.



In 2020, CAT entered into a long-term lease in a state-of-the-art distribution centre campus with capacity to service existing and new customers. At the time, they attempted to secure a tenant improvement loan with their incumbent lender to finish the space to suit their needs; however, the Covid-19 pandemic had other plans. CAT utilized its operating line to invest in long-term assets and tenant improvements in the short run but needed to develop a long-term solution that would allow it to complete the infrastructure investment and support the future growth of the Company.


CAT had an established relationship with Ashdown Capital’s Mike Hopp from a previous financing and turned to him to assist with securing an appropriate credit partner. The client also tasked Mike with seeking out a new banking partner who would support their growth and take over their current operational credit facilities and letter of credit. Mike ultimately secured a lender that would provide the working capital and Letter of Credit facilities required, as well as financing to term-out the tenant improvements that were financed through their operating line.

CAT’s balance sheet is now appropriately structured, and they have secured a reliable banking partner that will support their business for many years to come.


“We were very pleased with our experience in working with Mike and the team from Ashdown. Their ability to understand our business and their assistance in developing the right credit structure was immensely valuable and we believe this was the difference maker for us in achieving a successful outcome.

They brought high quality lenders to the table in a competitive process which ensured that the negotiated terms and conditions were an order of magnitude than what we would have achieved had we undertaken this initiative on our own.

The value proposition is very clear, if you work with the Ashdown team you will get a better result and you can deploy the time and effort you save into building your business.” – Luke Geiger, Vice President, Alder Bay Equity Partners Ltd.

Services Used

  • Working capital facility
  • Letter of Credit
  • Term loan
  • Equipment loan