CASE STUDY: Health Care

THE DEAL

SIZE: $2.15 Million
LOCATION: Alberta
SECTOR: Health Care
LOAN TYPE: Term Loan and Line of Credit

THE REAL WIN FOR DWA.

DWA’s advice and financing allowed an entrepreneur to take back control of his life by restructuring the company and compensation model, allowing the client to focus on his core passion and skillset while hiring others to delegate core responsibilities to.

THE CHALLENGES.

• In special loans with a damaged relationship

• Multiple legal entities with four separate operating practices

• Compensation structure not in line with timing of debt service requirements

• Covid temporarily shut down operations in the middle of the refinancing

RISK MITIGANTS.

• Highly educated and specialized medical professional

• Cash flow generation was supportive of the debt refinancing

• Highly recurring revenue stream

OUTCOME.

• $2.15 million term loan and operating line

• Brought in specialized broker to sell one practice

• Restructured compensation plan with partners to better align with debt service schedule

• Simplified specialist’s role by hiring operations manager

BORROWER TESTIMONIAL.

“The team at Diamond Willow Advisory went above and beyond my expectations by not only securing financing for my business, but by ensuring the business was structured to obtain the most favourable terms possible.

The onset of the COVID-19 pandemic created major obstacles in the middle of the financing efforts but DWA’s perseverance, professionalism, and constant communication meant all parties remained informed and on track to funding completion.

I would highly recommend this team to any business owner looking for a business loan.”