The third and current generation of Valley Carrier owners took over management of the business in 2012. Since this time the company has experienced significant revenue growth, making Canadian Business’ “Growth 500: The Complete Ranking of Canada’s Fastest-Growing Companies” in 2017, 2018 and 2019. With this growth came increased capital demands, which their current lender could not keep pace with. The structure of their current debt did not allow the business to properly pursue growth opportunities, severely limiting their ability to operate efficiently. Requirements on management’s time limited their ability to pursue alternative financing solutions.

Ashdown Capital was engaged to assist in matching Valley Carriers with a lender who understood their goals and which financing solutions would be appropriate to allow business growth and profitability. During this process, Ashdown Capital brokers explained the missing components of their debt structure, and the facilities required to support the cash flow requirements of the business.

“Our experience with Brian and Ashdown Capital was excellent. Though we considered shopping for a new lender on our own in the past, we realized we’d just spend a lot of valuable time that would be better invested in growing our business. Each step of the process was thoroughly communicated and well-organized. They also facilitated the discussions between potential lenders and helped ensure that our story and strengths were taken into consideration. The knowledge and experience of the team at Ashdown gave us confidence that we were negotiating the best facilities available.” – Emily Woodrow, Director of Finance

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