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Mike Labrecque

Business Finance Specialist

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778-835-0091
labrecquebc@me.com
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Rates are rising!

October 26, 2018 By Mike Labrecque Leave a Comment

The Bank of Canada recently increase it’s overnight rate to 1.75% the highest it has been since December of 2008.  The big 5 banks responded and raised their prime lending rates from 3.70% to 3.95%. What does this mean?  We will leave that to the experts to comment on. We want however to draw … [Read more...]

Filed Under: Featured Tagged With: Something to consider

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Numbers matter. Here are 11 examples of the most Commonly Used Financial Ratios

October 18, 2018 By Mike Labrecque Leave a Comment

Below is an example of 11 of the most commonly used ratios by financial institutions as they assess the credit worthiness of potential commercial clients.  Please provide us with your feedback on the helpfulness of this information.   If you have any suggestions on other topics that you might want … [Read more...]

Filed Under: Featured Tagged With: key ratios

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Procrastination

October 17, 2018 By Mike Labrecque Leave a Comment

The act of postponing, delaying or putting off, especially out of habitual carelessness or laziness. Procrastination is a word that most of us may have been guilty of at some point in our professional or personal lives.  At times, it is so easy to take your eyes off the goal and procrastinate. … [Read more...]

Filed Under: Featured Tagged With: planning

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Canadian Cannabis – Legalization occurs this Wednesday October 17th

October 16, 2018 By Mike Labrecque Leave a Comment

We have had the opportunity of attending a couple of sessions on this subject, which have been put on by MNP and hosted by the Chamber of Commerce of Nanaimo & the Chamber of Commerce in Parksville. While legalization is quickly approaching, this will be a highly regulated market place with … [Read more...]

Filed Under: Featured Tagged With: cannabis

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Food for thought on today’s Quote of the day!

October 15, 2018 By Mike Labrecque Leave a Comment

When you say, "it's hard", it actually means, "I'm not strong enough to fight for it".   Stop saying it's hard. Think POSITIVE! Any obstacle you come across in life or in business can be overcome with a POSITIVE attitude!  Business financing help is one call away!  We do all the legwork for you! … [Read more...]

Filed Under: Featured Tagged With: help is one call away

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Thought of the day!

September 26, 2018 By Mike Labrecque Leave a Comment

Today's quote: Love what you have.  Need what you want.  Accept what you receive.  Give what you can, and always remember, what goes around, comes around. Author Unknown Make it a GREAT day! … [Read more...]

Filed Under: Featured Tagged With: Something to consider

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Financing your business

September 12, 2018 By Mike Labrecque Leave a Comment

Are you starting a new business and need financing help?   Do you have an existing business and are looking for a second opinion on the current financing package you have in place?   If you answered yes to either one of these questions, then we can help.  We do all the legwork for you. With 40+ … [Read more...]

Filed Under: Featured Tagged With: consulting service

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Starting a new business or refinancing an existing business?????

August 23, 2018 By Mike Labrecque Leave a Comment

Starting a new business can be quite an undertaking.  Refinancing an existing business can also be a challenge.  In both cases, we recommend a detailed business plan.  A business plan should be a living and breathing document, which ensures that you have identified all of the potential pitfalls that … [Read more...]

Filed Under: Featured Tagged With: financing your business

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SUCCESS

August 22, 2018 By Mike Labrecque Leave a Comment

There are no secrets to success. It is the result of preparation, hard work, and learning from failure. Colin Powell … [Read more...]

Filed Under: Featured, Quotes Tagged With: secret to Success

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Unlock off balance sheet equity

August 21, 2018 By Mike Labrecque Leave a Comment

Do you have off-balance sheet equity that could help with working capital requirements?  If you answered yes then contact us to see how we can help.  We know whom to approach, we know what to ask for in financing, and we know what information is required and how to present that information to get … [Read more...]

Filed Under: Featured Tagged With: working capital help

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Latest articles

Merry Christmas

December 17, 2019 By Mike Labrecque

May your days be filled with peace, hope, and joy this holiday season. May 2020 be a year full of success both personally and … [Read More...]

Recommendations

Results-focused leader

Mike is an energetic results-focused leader. A depth of knowledge combined with a sense of action!

Reg Marrinier
Senior Vice President, Retail and Business
BlueShore Financial

Master of his craft

Mike was very professional and a fantastic guy to deal with. He is an amazing man. He is a master of his craft.

 

Wayne Leong
Entrepreneur
Read more recommendations

Contact

PO Box 20067
Qualicum Beach, BC, V9K 0B1
Mobile: 778-835-0091
Email: labrecquebc@me.com

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Recommendations

Capable, talented leader

Mike is a highly capable and talented leader with a very broad skill set. Mike is committed to delivering superior results while driving excellent customer service and a very engaged employee work group.

Bill Moffatt
Chief Credit Officer
Peoples Group

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