About Us
About Paresh Shah
Paresh has 25 years of Canadian experience in business financing of various industries, consulting, construction, equipment rental, health care, factoring, international project financing. As a consultant Paresh is knowledgeable about management information system design including procurement chain management, metal hedging foreign currency fluctuations risk management, supply chain management, activity-based cost (ABC) management.
Over 25 years of experience in various industries. During his educational career, he earned a Chartered Financial Forecasting, Budgeting and Modeling Professional (CFBM) from a world largest professional skills certifications body of Chartered Institute of Professional Certifications, Master of Business Administration (MBA) degree from Newport University, California. He also earned Diplomas in Import and Export Management as well as Computer Science while studying in India. In addition, Paresh is also a Microsoft Certified Solutions Developer (MCSD). Paresh has also earned certificate in Enterprise Risk Management Professional (CERMP)
Stanford Who’s Who welcomes Paresh Shah to the ranks of leading professionals because of his phenomenal work in the Financial Services Industry. For the past many years, Paresh has consistently demonstrated the vision, dedication, and diligence necessary to be successful in the business world. Paresh has been recognized as financial expert from Stanford Who’s who and has qualified for inclusion in the 2010-2011 Edition of The Stanford Who’s Who Black Book.
Paresh has been recognized on two occasions by the Royal Bank of Canada. He was also rewarded with two plaques from the RBC due to his outstanding work in the field of Real estate and construction and Supply chain.
Who We Are
If the axe is sharp it doesn’t matter how hard the wood is the state of mind of people who want to alter the future.
Simply thinking outside the credit box is not a solution anymore. Today, the metrics are different. Each deal has its own story, its own drama, and its own challenges.Successful asset-based lenders now have to look beyond the traditional metrics and standard structures, which requires more sophistication and greater expertise. It means that we have to “get under the covers” and look at the intangible metrics, such as the quality of management team, the expertise that they bring to the table, and their ability to execute the deal and strategic plan. Therefore, lenders have to approach transactions in a number of different ways. At Genesis, traditional collateral and financial review is only the beginning.
Financial Restructuring
Financial restructuring presents opportunities to address both short-term and long-term issues facing the company. We draw upon significant knowledge of financing from debtor, lender, and investor perspectives, gained through numerous and diverse experiences. Services include:
Debt Restructuring -Debt Refinancing and Recapitalization
Distressed M&A -Valuations
Industry Experience
Genesis has helped companies in the following industries to achieve their financial goals:
Infrastructure -Real Estate & Construction-Manufacturing-Transportation & Logistics-Wholesale & Distribution
Healthcare-Hotels and Motels-Retail-Service Firms-Restaurants & Franchise
We listen:
We focus on getting to know your business well so we can quickly provide optimal and realistic financing solutions that meet your needs.
We stand by you all the way.
At Genesis Financial, we have built strong relationships with our clients, and our preferred lenders. You will be in touch with the same people throughout your experience with Genesis and we will continue to be here when, and as, you need us.
We are sensitive to the needs of your business, suppliers, and your customers.
We understand what is at stake and your need for fast credit and financing decisions, and we do everything possible to help ensure your success.
Genesis Banking started consulting practice in 2006. Genesis had a vision to establish a financial consulting services business that would be responsive to the needs of small to medium-sized businesses dealing with and in need of change. There was a demand for a company that could focus on providing businesses with fast, flexible, reliable financing arrangements and cash flow solutions these companies needed to grow and succeed.
Genesis vision was quickly realized, and the company achieved success in helping various clients obtain their goals, even during the difficult recession we have endured.
Genesis is a well-respected name in small to middle market corporate turnaround and restructuring. Having successfully arranged financing and restructured many companies in variety of industries.
Clear cut agreement, no surprise:
Genesis is known for success and straightforward agreements that carry minimal fees and one-time retainer. we negotiate better terms and minimum covenants with lenders for your business. Because we believe in simplifying processes and paperwork, our clients find that monitoring requirements are reasonable and predictable. Genesis has earned a reputation for delivering on its promises. You can be confident the financing terms we bring to table are the same as describe in term sheet and commitment letter (some changes may happen considering business).
Other Services :
Turnarounds and Workouts
We help companies facing financial challenges or pressures to address issues that limit profitability or even endanger survival. Our approach emphasizes pragmatic decision making and rapid implementation. Seasoned professionals combine substantive, hands-on experience with the insights of company management to respond to unstable or unpredicted scenarios. A combination of financial and operational expertise gives us an excellent understanding of turnaround issues and we have a proven track record of success for our clients. Accounts
Construction Bond -GST/HST Audit-Tax Audit -R&D Claims (SR&ED)-Government Grants
Interim and Crisis Management
We serve in interim and crisis management roles for clients, acting as chief executive, chief operating, chief financial, or chief restructuring officers or outsource CFO or controller in a wide range of industries. Our professionals leverage their diverse experiences in senior management roles at leading large and middle market businesses to deliver results in critical situations.
25 years of Canadian experience
100% success rate
Transparent agreement & no hidden surprises
Expert professional team
Our Goal
Our objective is to work with you and other financial partners in finding tailor made solutions to match your immediate, medium term and long-term business objectives. Our solutions are not only the right fit for your specific business, but timely and cost-effective and durable. We guarantee the optimal financial solutions at an incredibly competitive cost on a when you need basis. We work with our clients on a continuing basis to ensure that any glitches that come along the way are addressed and remedied promptly. We aim at to have long term satisfied relationship with our clients. Our real work begins after we have found solutions to client’s immediate and pressing business needs.
Our goal at Genesis banking is to thoroughly understand our client’s needs and provide right solutions, not just merely to work for fees. Companies looking for a strategic lending partner turn to Genesis. We can help get you where your companies want to be. How? Genesis takes a strategic approach to your business. We know the questions asked by lenders, we understand your business, we have in-depth knowledge of banking systems and we are your consultants. We will design a line of credit to help you get to Point B—however you define it.
Genesis arranges asset-based lines-of-credit starting at $1,000,000 to $ 50 million for companies with revenues of up to $500 million. These lines of credit are used for working capital, business expansion, refinancing, and turnaround financing—and can help you get to where you want to go. No Business is small for us we help all level of financing requirements.
Genesis has comprehensive experience with a full spectrum of business types. We understand the intricacies of construction, manufacturing, distribution, health care, service businesses, technology, staffing, government contractors, importers, exporters, and many other industries.
Our industry knowledge and experience allow us to evaluate client swiftly and thoroughly. Chartered Accountants, Brokers, Private equity, and venture capital firms regularly turn to us when they are under a tough deadline to secure client financing. Just for example we have closed 20-million-dollar operating line of credit facilities in less than 8 weeks times including legal.
Vision
We see opportunity where others do not. We anticipate market trends before they happen. We share a quality common to overachievers and that’s called vision. Genesis looks for those companies and entrepreneurs who have had the foresight to break new ground, those looking for a lending partner for business finance to help navigate growth to build successful business and that realize their full potential.