We recognize that the key to obtaining business financing is finding the right banking relationship. Labrecque Business Consulting was established with this in mind; we do the legwork and help business owners find the right financier without all the hassle.
Mike Labrecque served in the banking industry for 41 very successful years. Over that time it was evident that business owners face a number of challenges, and obtaining proper financing for their business is just one of those obstacles.
For most of his banking career, Mike’s experience has been in dealing with businesses. He understands and knows what credit unions and banks want in order for a business to secure a credit approval.
Mike is committed to working hard on your behalf to both understand your business, and to find on a best efforts basis, the right financial solutions for you. He will work with credit unions and banks to get them to the YES credit decision you need so that your dreams and goals can become a reality.
Mike’s professional profile
Mike joined CIBC in 1976 as a Manager trainee and over the years worked himself up through various positions to a District Vice President role. Along the way, he was a successful Senior Relationship Manager, Manager, and District Manager thereby gaining plenty of experience in running portfolios, as well as managing folks who ran portfolios. He knows what it takes to get things done. He also spent time in the Risk Management Department (aka Credit Adjudication Group) so he knows what the application process looks like from that perspective too.
After leaving CIBC in late 2012 he started Labrecque Business Consulting. In early 2013 the business was put on hold as he was enticed to accept a role with ATB Financial in Calgary, Alberta as Director for Business Banking. Then on March 31st, 2017 Mike retired and returned to beautiful British Columbia. He is excited to resume his consulting business and help others succeed.
During his time in the banking world, Mike received numerous awards including the President & CEO awards from both CIBC and ATB Financial for his leadership and ability in helping clients find the right solutions. He showed a strong ability to take both individuals as well as TEAMS to the next level. He knows how to get things done!
Mike believes that:
- It starts with listening and obtaining a very clear understanding of your business ie. where it started, where it is today, and where you want to take it tomorrow and beyond.
- It is about creating and delivering value which can be easily seen.
- It’s about finding the right solution and making things work.
- It’s about establishing trust through respect and finding a way to get things done.