The bridge between your opportunities and traditional financing
Who are we?
A private company founded in 2018, BRIVA FINANCE was created to offer businesses interim financing options, allowing them to quickly achieve their projects.
Business leaders are faced with the limits, requirements and loan-granting process of traditional institutional lenders. Despite the variety of commercial credit options, many situations are not properly addressed, especially when the need is urgent and critical to achieving a project. With this observation in mind, BRIVA FINANCE offers temporary financing catered to time-sensitive situations that also require a level of expertise with respect to meeting entrepreneurs and business leaders’ expectations.
Effectively use our financing experience to the benefit of businesses!
Business leaders need lenders capable of accompanying them in temporary and time-sensitive situations. One of the most important elements in the life cycle of a business is having access to financing at the right moment. Although traditional financial institutions offer a vast range of financing products, few of them can react quickly to a pressing need.
What entrepreneur wouldn’t wish that their lenders were quicker and better able to understand their business issues and opportunities?
BRIVA FINANCE offers financing to businesses in need of a short-term additional financial support, and cater to such temporary situations.
BRIVA FINANCE is committed to responding quickly to any financing requests they receive.
BRIVA is a Gallic place name meaning Bridge. The name Briva, therefore, refers to the main objective of our financing product, offering a bridge between our clients' current situation and the one they desire.
Financing subordinated to existing loans
Financing minimal amount of $1MM
Term from 3 to 12 months
Interest payable monthly
Our interim loans are used to:
Secure an acquisition allowing the acquirer to subsequently complete a longer-term financing
Fulfill an additional working capital need as long as the need is temporary
Perform a shareholder repurchase
Fulfill an additional working capital to execute a specific contract
Fulfill a working capital need while putting in place an equity injection
The investments entrusted to BRIVA FINANCE are managed by an experienced team. Each financing decision is based on the real value of businesses, their profitability, the project potential, the proposed securities, the shareholders’ commitment and on the quality of management.
The balance between the loan portfolio growth, the yield and the protection of invested capital is at the center of our management philosophy. Although our service offer is based on the rapidity of our interventions, our process is rigorous. Each credit decision is ratified by an independent committee.
Disclaimer related to the investments
Why Choose BRIVA?
Our team is made-up of finance professionals, each cumulating over 25 years of experience in commercial financing for large financial institutions. Each team member possesses an expertise allowing for rapid understanding of issues and the needs of entrepreneurs, and thus, making decisions with diligence. Rapid analysis and sound decision-making abilities are in the DNA of the team, which is always appreciated by our current clients and our future ones.
An Experienced Team
Each having occupied positions related to commercial financing with large financial institutions, the members of our team possess vast financing experience, allowing an excellent understanding of how to optimize or complete a financing project without altering the pre-existing financing structures. We maintain excellent business relations with the large Canadian Banks along with other financial institutions and, for them, we represent a solution for their clients instead of a competing offer. Moreover, many of them refer their clients to us.
President and Founder
After more than 25 years of experience in commercial financing and in business development for large financial institutions, a private equity fund and a prominent fund manager, Jacques created BRIVA FINANCE in 2018. During his career, he has contributed to the growth of many medium and large companies, which has allowed him to develop close relationships with several entrepreneurs and market experts and above all to gain a keen understanding of the specific needs related to commercial financing. He holds a Bachelor of Business Administration from HEC Montréal specialized in finance and accounting, and an MBA specialized in financial services. Jacques is a board member of the Ataxie Charlevoix-Saguenay Foundation, whose mission is to discover and develop a cure for the Autosomal Recessive Spastic Ataxia of Charlevoix-Saguenay (ARSACS).
Francis Lachance, CPA, CA
Cumulating more than 25 years of experience in commercial financing, financial analysis, business development and sales team management from large financial institutions, Francis has contributed to the realization of numerous projects for his clients. This expertise allows him to properly understand the needs of entrepreneurs while developing a vast network of professionals throughout Quebec. He also managed teams of commercial account managers for two large Canadian banks. Francis possesses a Bachelor of Business Administration from HEC Montreal as well as a CPA, CA title since 1991.
Over his 30 years of experience in the financial sector, Patrick has held various positions with two major Canadian banks, including the last seven years as Vice President Commercial Banking, before joining BRIVA FINANCE in 2022. Patrick stands out for his dynamism and his understanding of the challenges and opportunities faced by entrepreneurs. Creative and solution-oriented, Patrick has also developed an excellent businessperson network. He is an active member of his community and has participated in several fundraising activities for different organisations over the years. He holds a bachelor's degree in industrial relations from University of Montreal.
Mauro Spagnolo has 30+ years of commercial and corporate financing experience helping companies address their financing needs. His background includes; managing the Canadian operations of a U.S. bank, leading national coverage teams at both CIBC and RBC including Technology Media Telecom ("TMT"), Life Sciences, Cross Border Financing and Trade Finance and providing alternative financing solutions to corporations. His extensive credit structuring experience includes large corporate, commercial banking, cross border tax structures and trade finance across a variety of industries. Mauro holds an Honour’s Business Administration from Western University and an MBA (Ivey Scholar) from the Ivey School of Business. He also recently completed the Directors Education Program at the Rotman School of Management and obtained his Institute of Corporate Directors (ICD) certification.
Over the past 20 years, Jean-François has developed an expertise in risk management, financial engineering and corporate financing within large financial institutions. He played a leading role in the establishment of best practices and a strong culture in risk management.
He also managed a team of corporate financing analysts for a large Canadian bank where he actively participated in several transaction. He joined BRIVA FINANCE in 2021. He holds a Master's degree in Science (finance) from HEC Montreal, a Bachelor's degree in business administration from UQAM and the CFA designation since 2006.