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Background
Supporting Families and Building a Sense of Community
Aboriginal Choices offers unique and supportive assistive programs for children and their families. With the goal of developing skills for future success and remaining connected to their local Indigenous communities, the programs offered through Aboriginal Choices and individualized and adapted based on the particular needs and circumstances of the child or family, overseen by their caring and understanding professionals.
They are connected to individuals and families that they work with through the Child and Family Services Agency (CFSA) or a Delegated First Nation Agency (DFNA) in Alberta. These agencies work with Aboriginal Choices by offering their programs on a fee-for-service or contractual basis.
With their programs guided by Client-Centered and Trauma-Informed approaches, the primary focus is to provide children, youth and families with continual guidance and support in a safe setting while encouraging healthy family environments and individual growth.
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Challenge
Unforeseen Expenses and the Challenge of Contracts
Aboriginal Choices needed financing to cover emergency expenses as well as account for the sudden surge in fuel prices as they are a transportation-based company. As a business that works with contracts, they are often challenged to have the available cash flow to move forward with new contracts, without having yet been paid for existing ones. Without financing, Aboriginal Choices was facing the risk of current contracts being terminated, loss of clients to other businesses, and damage to their reputation as a reliable business.
Solution
A Straightforward Process and Timely Financing
- Aboriginal Choices describes the process of getting financing from Merchant Growth as “very simple, effective, and clear.”
- Getting much-needed capital quickly helped offset emergency expenses, alleviate pressure in the short term, and avoid delays or lost work due to low cash flow.
Result
Building a Financing Relationship
The Merchant Growth funding provided the working capital that was needed to continue to offer their services to their clients and take on additional contract work without the added worry of waiting for the funds from existing contracts to be paid out. Ultimately financing helped to keep them working. Aboriginal Choices already has Merchant Growth in mind for their future funding because it was such a positive experience.
You can read the full article here.
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