Executives Optimistic About Financing Requirements

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    The majority of Canadian financial executives are more optimistic about their company’s ability to obtain sufficient capital to meet financing requirements in the next year (whether these needs are short-term, long-term or equity based), says the Canadian Financial Executives Research Foundation. Most financial executives surveyed said credit for working capital and growth financing is generally available to their organizations. The report, ‘Targeting an ideal capital structure,’ says even those for whom credit was less available this year expect availability will improve by the spring of 2015. Financing is important to financial executives because eight out of 10 say their companies are ready to grow, mainly through organic growth. Less than half said they were planning on inorganic growth. Public companies surveyed were far more likely to express confidence about their abilities to raise equity capital at a reasonable price. Private companies were either more likely negative about their prospects or simply stated they did not know.