Whether you're growing, acquiring, or refinancing, getting the right capital structure in place is as important as the capital itself. The wrong financing — wrong lender, wrong terms, wrong structure — can constrain your business for years.
August Cove Capital helps business owners in Alberta and Western Canada identify, access, and negotiate the right financing for their situation. Led by Andrew Plohy, CFA, CAIA, with 18 years of experience across capital markets, investment banking, and corporate finance, we know what lenders and investors look for and how to position your business to get the best terms.
Who We Work With
We work with business owners and entrepreneurs across Alberta and Western Canada who need growth capital, acquisition financing, management buyout financing, or refinancing solutions. Our clients typically have businesses with $1M+ in revenue and a clear use of proceeds — they need the right advisor to find the right capital partner and get the deal done.
What We Do
Senior Debt
We help businesses access senior secured lending from banks, credit unions, and alternative lenders. Whether you need a term loan, revolving credit facility, or acquisition financing, we identify the right lenders and manage the process from application through to close.
Mezzanine & Subordinated Debt
For businesses that need more flexible capital than senior debt allows, mezzanine financing bridges the gap between senior debt and equity. We work with mezzanine lenders across Canada who are active in the Alberta market.
Equity Financing
We help businesses raise growth equity from angel investors, family offices, and private equity firms. We prepare your business for investor conversations, identify the right capital partners, and manage the raise from pitch through to close.
Management Buyouts
We advise management teams looking to acquire the businesses they run, structuring the financing package and connecting them with the right combination of debt and equity to get the deal done.
Why Use an Advisor
Most business owners approach one or two lenders directly and accept whatever terms they're offered. An advisor changes that dynamic entirely. We run a competitive process, approach multiple capital providers simultaneously, and negotiate on your behalf — on rate, structure, covenants, and terms. The result is almost always better than what you'd get on your own, and the process is faster.
Frequently Asked Questions
Q: What types of financing can August Cove help with? We advise on senior debt, mezzanine financing, equity raises, and management buyout financing. We work with business owners across Alberta and Western Canada who need growth capital, acquisition financing, or refinancing solutions.
Q: Why use an advisor for financing instead of going directly to a bank? Going directly to one lender means accepting whatever terms they offer. An advisor runs a competitive process — approaching multiple lenders and investors simultaneously — and negotiates on your behalf on rate, structure, covenants, and terms. The result is almost always better than what you'd get on your own, and the process is faster.
Q: What size of financing does August Cove typically work on? We work on financing transactions ranging from $1M to $20M+ for businesses across Alberta and Western Canada. If you're unsure whether your situation is a fit, email us and we'll tell you directly.
Q: How long does a financing process take? Timeline varies by deal type and complexity. Senior debt from an established lender can close in 60–90 days. Equity raises and more complex structures typically take 3–6 months. Early preparation and clean financial records are the biggest factors in compressing the timeline.
Q: What do lenders and investors look for in an Alberta business? Lenders primarily want to see stable, predictable cash flow, a reasonable debt service coverage ratio, and quality collateral. Equity investors look for growth potential, a capable management team, and a clear path to return. We help you position your business to meet these criteria before approaching capital providers.
Let's Talk
If you're looking for financing for your Alberta business, email andrew@augustcovecapital.com or visit our contact page to arrange a confidential conversation.