Canada’s VC firm Avon River Ventures introduces new streams of debt financing for US and Canadian startups and businesses
Toronto, Canada, 26th July 2022, ZEXPRWIRE, Do you have a great idea for your business? If you are tired of working for someone else and think that you’ve got it all to become a successful entrepreneur, why not give it a shot? Owning a business and turning it into a profitable venture is a rewarding experience. After all, as the famous Ron Swanson says “Capitalism is God’s way of determining who is smart and who is poor.“
However, with great rewards comes greater risks. We all know that almost 95% of all startups would fail in the first five years. The number one reason for this failure is the lack of funding at the right time. Business funding can give your small business the boost it needs to thrive (and sometimes survive). However, the current economic downturn has imposed brakes on the availability of funding. The cost of acquiring capital has significantly risen as compared to the cost of borrowing. Capital acquisition is mostly tossed as Venture Financing in the world of startups. Founders knock on the doors of Venture Capitalists to provide their startups with liquidity that will help them to build their products, acquire labour, and launch.
Avon River Ventures, a budding Venture Capital firm based out in Canada is revolutionizing the way liquidity is made available to startups and businesses through its equity and debt financing vehicles. “We have established partnerships with over 2000 Capital Management institutions which include Investment Banks, Credit Unions, Commercial Lending Institutions, Mortgage Brokers, Hedge Funds, and Private Lenders in Canada, the United States and other parts of the world. This helps us to co-invest in a variety of businesses and startups, globally. Currently, we are focusing on North American businesses and startups but soon will tap into other domiciles.” says the CEO, Krutarth Shah.
There are four general categories of businesses and startups that Avon River Ventures would invest in.
- Projects with Real Estate Investment Requirements (Land, Factory, Multi-Family Housing, Warehouse, Assembly Unit Lines, Hotels, Restaurants, Café, etc. )
- Startups with good founder background (Founder’s resume plays an important role but that is not a deciding factor)
- Equity Financing for businesses that are Net Cashflow Positive and have a few paying customers.
- In the case of startups that are in the stage of developing their product, our investment will be dependent on the strong financial projection discounted over a term of the next 5 years.
Krutarth Shah is an ex-Investment Banker at Toronto Dominion Securities managing FX Cross Currency Swaps and Interest Rate Derivatives. At 22, being the youngest on the TD Investment Banking trading floor, Krutarth was introduced to various other asset classes such as Real Estate, Reverse Repurchase Agreements, and Corporate Bond trading with personal Assets Under Management worth over $200 MM. At Avon River Ventures, he is backed by a qualified team of Venture and Debt Analysts.
In a recent interview, he added “there are numerous startups and businesses backed by talented individuals facing a real challenge to secure liquidity to grow, prosper, and in some cases, survive. We aim to avail liquidity to those in need so that they can, in turn, create products and services that can advance humanity and propel economic growth. We help secure debt financing on a preferred term servicing basis up to $5 Million.”
So far, Krutarth and his team at Avon River Ventures has helped numerous startups and business secure equity and debt financing. “We are growing. Last quarter we added four of the most talented Venture Analysts to our team in Canada to help North American businesses secure funding” adds Krutarth Shah.
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