Michael Baigel recently co-authored an article in the Fall edition of the Journal of the Canadian Institute of Quantity Surveyors together with Calum Williamson. The article appears in the link below on page 32 of the “Construction Economist“ and it dealt with the available options from alternative finance to improve business liquidity. The article was primarily an introduction to invoice factoring and asset based lending, and where and when it may be appropriate. It was written under the shadow of the NAFTA renegotiations and in the hope that Canada would do better than the actual end result. Whilst the current government will attempt to promote available liquidity in the coming election year, the underlying economic position of Canada suggests that proven alternative finance mechanisms will be increasingly sought by enterprises.
It’s not the F word. http://www.ciqs.org/construction-economist/fall-2018#