Background
Supporting Families and Building a Sense of Community
Nakoda Connections offers unique, supportive programs for children and their families. Focused on building skills for future success while staying connected to local Indigenous communities, these individualized programs are tailored to each child’s or family’s needs and guided by caring, understanding professionals.
Nakoda Connections works with individuals and families referred through the Child and Family Services Agency (CFSA) or a Delegated First Nation Agency (DFNA) in Alberta. These agencies partner with Nakoda Connections to deliver programs on a fee-for-service or contractual basis.
Guided by Client-Centered and Trauma-Informed Approaches, their programs focus on providing children, youth, and families with ongoing support in a safe environment, while fostering healthy family dynamics and personal growth.
Challenge
Unforeseen Expenses and the Challenge of Contracts
Nakoda Connections sought out financing because they needed the funds to cover emergency expenses and to account for the sudden surge in fuel prices as they are a transportation-based company.
For businesses that rely on contracts, maintaining sufficient cash flow can be a challenge—especially when new opportunities arise before existing contracts are paid. Without financing, Nakoda Connections risked having current contracts terminated, losing future contracts to competitors, seeing existing clients walk away, and damaging its reputation as a reliable business.
Solution
A Straightforward Process and Timely Financing
Nakoda Connections described the process of securing financing from Merchant Growth as “very simple, effective, and clear.” Access to much-needed capital quickly helped cover emergency expenses, ease short-term pressures, and prevent delays or lost work caused by low cash flow.
Result
Building a Financing Relationship
Merchant Growth provided the working capital needed to continue delivering services to clients. It also allowed Nakoda Connections to take on additional contract work without the added stress of waiting for existing contracts to be paid. Ultimately, financing helped them keep moving forward.
After a positive experience with Merchant Growth, Nakoda Connections now has us in mind for future funding needs to cover larger business expenses—a testament to the long-term partnerships we strive to build with every small business we support.
