Prescott Thackery Merchant Group Ltd is the manager of the Small Business Working Capital Fund. The mandate of the Small Business Working Capital Fund is to provide small Canadian businesses with growth orientated working capital facilities. Prescott Thackery’s Small Business Working Capital Fund fills the void in the tight Canadian financial markets faced by today’s small businesses.
Our goal with the Small Business Working Capital Fund is to assist Canadian companies tap into the assets they carry on their balance sheet in order to finance the continued grow of their business. Through the use of factoring, invoice discounting and asset based lending, small Canadian companies can access the capital they require to grow, without the time, effort and other issues associated with giving up equity. The Small Business Working Capital Fund is targeting small, high growth businesses that are unable to secure adequate bank financing or venture capital to support the continued growth of the company.