The Priestman Electronics Corporation
Precor is pleased to have been working with Waygar Capital for the past year. They are an organization of integrity, trust and commitment to their customers.
They make it a priority to understand any business - its people, products and needs. They understand the mechanics of an entrepreneurial company and as a lender, they not only help you with the financial side, they also have a tremendous interest in the growth side and work with you to “make it all happen”.
We would highly recommend Waygar to any organization who is looking for an opportunity to allow growth and independence to the workings of the organization.
Our company’s experience with Waygar has been exceptional. When you are in a fast growing company, you are highly aware of how long financial transactions can take and with Waygar, we have always felt that their sense of urgency was equal to ours.
They are thorough and look to understand our business and have an excellent expertise in financing of all types. We have felt like they have “partnered” with us and have added value from the start of our relationship. We would recommend them to any company growing fast and needing to leverage assets to support their growth.
In late 2012, Artaflex was in the marketplace looking to replace our existing banking arrangement with an alternative lending source who would offer more flexibility than our existing lender. More importantly though, we were looking for a firm who would listen to our needs, and develop a business relationship with Artaflex where it was a win-win for both parties, and not one where our company was considered just another file in their portfolio.
We met representatives of Waygar Inc in January of 2013 where we presented our long-term business plan, as well as our short and long-term financing needs. After 2 to 3 subsequent meetings, our first term loan was finalized with Waygar in May of the same year.
Waygar's experience in the marketplace, coupled with their ability to work quickly, led to a creative offer sheet dealing first with our equipment term loan requirements while also committing to additional funds when needed, something we considered vital in any new lending arrangement.
Artaflex considers Waygar a valued partner as we look to strengthen and grow our business, and we would highly recommend them as a lending source.
Standard Apparel Inc.
Our work with Waygar Capital aimed to augment our working capital in an efficient cost-effective manner. We were thrilled with the hands-on, responsive approach which resulted in our company raising one million dollars of working capital at a favourable interest rate. Moreover, Waygar was mindful of our concerns about legal fees. Our company achieved the result we had hoped for in a very timely way and we look forward to working with Waygar again.
Eastway911 Emergency Vehicles Ltd.
Working with Waygar Capital has been an absolute pleasure. We have found that not only is the team at Waygar extremely responsive and knowledgeable, but also that its focus is on the relationship and on our success. We know we are more than merely a transaction to Waygar—we are partners.
Corroshield Industries Limited
In my humble opinion, if you are looking to extend the use of your assets to secure funds for your growth, WAYGAR is who you need to talk to. In my situation, they were not only responsive, but were also innovative.
Their view of the situation called for recognition of commitment and additional off balance sheet assets. They enabled me to raise sufficient capital to meet my needs.
If you are in a growth situation and can utilize the extended lending amounts offered by WAYGAR, this is where you want to be.