October 2019 – Making Waves

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

Issue link: http://digital.canadawide.com/i/1173482

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Page 60 of 71

O L D K E N T R O A D F I N A N C I A L Old Kent Road (OKR) has a four-year history of successfully rewarding investors. OKR now operates a family of funds with CAD $60+ million under management. OKR focuses on providing bridge financing to Canadian companies with pursuing ac vi es that result in Canadian Government Funding and repayable loans at both Federal and Provincial levels. Credits accrue from the federal SR&ED program among a host of others. Canadian companies can have large credit receivables from governments ed up for several months to well over a year and OKR offers such companies bridge loans based on those receivables to unlock those funds in return for regular interest payments. Unlike the Silicon Valley equity model, OKR offers debt financing that can be a far more cost-effec ve model. O U R P R O C E S S F O R B O R R O W E R S Old Kent Road understands that speed is everything for our borrowers, so we have designed a simple process and aim to deliver funds to our clients is 10 Business days. • A P P L I C AT I O N • R E V I E W D O C U M E N TAT I O N • S E T T E R M S A N D S I G N O F F • D E L I V E RY O F F U N D S For further informa on on becoming an investor or a borrower, contact us today online at okrfinancial.com or by phone 403-754-4334.

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