The bank was days from enforcing when the company asked Diamond Willow to steady cash and keep jobs intact.
The borrower is a Grande Prairie contractor with three decades in pipeline and facility construction and maintenance across Western Canada. From fabrication and integrity services to structural steel, trucking, and logistics, their team delivers turnkey work and partners closely with local communities and First Nations.
Rapid growth hid margin leak and tripped covenants, putting enforcement days away. The company asked Diamond Willow to find a new lender and protect jobs. We immediately went to market while bringing in other advisors to restructure operations.
