Small Business Case Study: Seamor Marine

Background

Building High-Performance Underwater Technology on Vancouver Island

SEAMOR Marine is a Vancouver Island based manufacturer of advanced underwater vehicles (ROVs) sold to customers overseas. Known for building durable, long lasting equipment, the company continues to support units that are nearly 20 years old. This commitment to quality is paired with strong service in a specialized global market.

Challenge

Managing Cash Flow Through Long International Sales Cycles

Because SEAMOR Marine sells high priced equipment internationally, sales cycles can be long and unpredictable. Customers often need time to budget, plan, and secure approvals. As a result, a single delayed deal can create periods of lower sales that impact day to day operations.

Traditional banks also presented challenges, particularly because the industry is highly specialized and often requires extensive documentation and multi year projections.

Solution

Flexible Financing Through a Trusted Local Connection

SEAMOR Marine was connected to Merchant Growth through Island Sky Advising, a trusted community member on Vancouver Island. Merchant Growth provided a streamlined and flexible financing solution to help stabilize cash flow while international deals progressed through longer procurement timelines.

Result

Stability and Confidence While Global Opportunities Develop

With financing in place, SEAMOR Marine:

• Maintained day to day operations during slower sales periods
• Continued supporting customers and servicing long life equipment
• Reduced financial pressure caused by delayed international purchase decisions
• Operated with greater confidence while pursuing large overseas opportunities

For more information, visit Merchant Growth.