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Fonds de solidarité FTQ

Textiles

BACKGROUND

Market opening and stiff competition from Asia is forcing the textile industry to change. Québec firms need to rethink their business models and product lines, which are becoming increasingly specialized.

Fortunately, they can rely on such growth drivers as technological innovation to develop niche products (e.g. safety wear, intelligent clothing, antibacterial clothing) and investments in automation and productivity.

INDUSTRY CHALLENGES

In order to ensure its long-term growth and to maintain its advantageous market position, the textile industry will have to address the following challenges:

  • International competition;
  • Export barriers;
  • Product lifecycle, which is closely tied to innovation;
  • Buyer concentration;
  • A shortage of labour;
  • Misconception of the state of the industry.

WHERE THE FONDS FITS IN

The Fonds de solidarité FTQ leverages its expertise, capital and vast network to:

  • Provide financial and strategic support to companies seeking to maximize their growth;
  • Allow companies to capitalize on market opportunities to develop value-creating projects;
  • Help create and keep jobs in Québec.
INVESTMENT PRIORITIES

FINANCING

The Fonds offers solutions tailored to your needs.

FINANCING SOLUTIONS

The Fonds tailors its offer to match the individual needs of its partner companies. We offer patient capital that takes into account the challenges businesses face and the time they need to see their projects to fruition. 

Our flexible financing options include:

  • Equity financing (common or preferred shares)
  • Unsecured debt, requiring no collateral (debenture)
FINANCING CRITERIA

The Fonds gives priority to businesses that satisfy, among others, the following criteria:

  • Competent, dynamic and credible teams with operating experience;
  • Shareholders and officers receptive to investors, alliances and partnerships; 
  • Sound business plans and concepts;
  • Promising market and profitability outlook;
  • Competitive advantages;
  • Proven advanced technology;
  • Distribution channels and market proximity;
  • Preservation and creation of lasting jobs.

SPECIALIZED TEAM

There are many advantages to partnering with our team, including:

  • Solid expertise and involvement in the textile industry;
  • Financing tailored to your needs;
  • A multidisciplinary, seasoned and available team;
  • Strategic support in the short, medium and long terms;
  • Proactive and close by.

INVOLVEMENT IN THE INDUSTRY

The Fonds is actively involved in the textile industry.

INDUSTRY ASSOCIATIONS

The Fonds provides financial support to the following associations:

  • CTT Group

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Gilles Genest

Gilles Genest

Portfolio Manager

514 383-2563

ggenest@fondsftq.com

Gilles Genest

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