If only every investment could be bulletproof. But we all know that’s not the case. When problems do arise, you need a financial partner who won’t leave you hanging.
When the developers of a gas station, convenience store, and automatic car wash facility in Brampton were seeking financing, a major Canadian bank came through. But as soon as issues arose, that funding fell short.
Foremost Financial saw beyond the immediate crisis and came to the table to save the project. Our first advance provided the necessary funds to discharge the first mortgage, pay off soft costs and work through the problems at hand. We then provided additional funds to complete construction and the project is now back on track, nearing completion.
When the unexpected happens, which would you prefer: A partner who turns their back or one who has yours?