Eric Inspektor has spent over 30 years advising on and structuring non-conforming or asset-based loans with the prime focus on ensuring that viable companies flourish. His successes include the restructuring of a number of hi-profile Canadian and US corporations through refinancings totaling in excess of $500 million, the building of a successful non-prime automotive leasing company and establishing a unique financial structure to assist developers survive through the 1990 real estate collapse. Eric is responsible for deal origination, due diligence, restructuring solutions and liaison between borrower and lender.
Born in South Africa, Eric completed high school in Johannesburg in 1970 and went on to study accounting at the University of Witwatersrand. For two and a half years, he interned at an accounting firm in Johannesburg and completed his year of military service in the South African Air Force. He also operated and expanded his family’s wholesale/retail liquor business until he emigrated to Canada in 1985.
In 1988, Eric founded his first merchant bank, where for over 24 years, he funded and re-structured numerous transactions including hi-profile larger re-financings and invested in a number of turnaround opportunities, all of which were successfully sold as going concerns.
Through the years, Eric has had the distinct ability to see a deal for what it is and cut to the chase ---not only because he understands what the businessman wants, but also what the lender is looking for. Under his unique methodology, Eric looks to see the positive in every deal rather than the negative.
Outside of his career accomplishments, Eric’s philanthropy work includes raising money for the Jewish National Fund, where he chaired the “Restorer of Jerusalem” project and he and his family funded the building of a park for handicapped children in Israel. His work also includes supporting the Starlight Children’s Foundation, where he organized a golf tournament called “Friends of Starlight”, which raised over $150,000 over a 3 year period.
Outside of work, Eric enjoys spending time with his family and traveling.