Mountain Air Construction Ltd.
We’ve built a strong relationship with BDC. Apart from getting essential working capital to help us grow, they also helped us improve our financial management and triple our sales!
Cassy Guevara
Co-owner and bookkeeper
Company has seen unprecedented growth in challenging economy
About the company
Specializing in both commercial and residential markets, the company’s scope of work includes steel stud framing, insulation, drywall, taping, textured, and acoustic ceilings as well as painting.
Location: Calgary, Alberta
Industry: Construction
Entrepreneur challenge
The owners of business were looking for working capital in order to take on large contracts and grow the business. At the same time, they recognized an opportunity to better manage their financials, control costs and improve profit margins.
BDC expertise
BDC provided three working capital loans in order to meet the company’s growth objectives. The bank’s financial management experts also provided the Financial Management for Small Business solution, which helps companies manage cash flow, monitor performance and make informed decisions about their business. BDC also financed the solution.
Results
- Tripled sales since becoming BDC client
- Got both owners on the same page with knowledge of financial management
- Mastered how to manage cash flow, budgeting and monthly reporting
- Improved control of expenses and increased profit margins