"Brunch" & Learn: SIMSA-Fi: SIMSA/RBC Financing Program

At this event, learn the details of "SIMSA-Fi" program with Kevin Goddard from RBC.

Being a SIMSA member can now save you a lot on financing via our new "SIMSA-Fi" program with RBC!

With short and long-term options that range from $50,000 to $50 million, SIMSA-Fi can meet the diverse needs of SIMSA’s members at all levels. This extends from mining to oil and gas and other sectors that can face challenges in finding the required credit.

SIMSA members are pursuing growth and innovation in an environment of longer payment cycles from major customers and challenging negotiations with banks and lending institutions. It’s like trying to run with an open parachute behind you.

A recent study conducted by BDO for SIMSA revealed that almost 60 percent of member companies have delayed projects because of pressure on cash reserves or existing financing caused by payment terms stretching to 60, 90, or even 120 days.

So SIMSA worked with RBC to establish a financing program built for the evolving needs of Saskatchewan’s industrial and mining suppliers a program that protects cash flow, offers preferred rates, and gives you the flexibility to innovate and grow. Most importantly, you’ll be working with representatives who understand mining, oil and gas, and industrial supply in Saskatchewan.

The basics of SIMSA-Fi are per below. At this event, learn the details and have your questions answered. 

Note the time of this event: 10:00 a.m.