Small and medium size businesses (SMEs) are the engine of the Canadian economy. Their success is vital to Canada’s prosperity. In 2012, small businesses employed approximately 70% of private sector workers in Canada – equivalent to 7.7 million people across the country. SMEs are also the lifeblood of the Canadian economy: 98.2% of all businesses have fewer than 100 employees. When you add in medium-sized businesses (100 to 499 employees), the percentage rises to 99.8%.
Small and medium size businesses operate in an extremely competitive marketplace. Approximately 7000 businesses go bankrupt every year in Canada, small business are a substantial portion of these bankruptcies.
Notwithstanding this volatility, small businesses present as an attractive investment vehicle for financial institutions of all sizes and scope. At Aeon Capital, we have a proven record and experience in the acquisition and management of assets from small lenders to large multinational lending institutions with strong rates of returns.
