About Me
Eric Inspektor is a Toronto-based executive with more than 30 years of experience working in the lending industry.
As co-founder and senior underwriter of CORFinancial Corp., he is responsible for deal origination, due diligence, restructuring solutions and liaison between borrower and lender. CORFinancial understands the cash-flow pressures that small to mid-sized businesses face every day. The company provides SMB’s with alternative growth financing and/or financial restructuring solutions.
Eric’s philanthropy work includes raising money for the Jewish National Fund and
Starlight Children’s Foundation.
Professional Experience
Eric Inspektor’s successes include the restructuring of a number of high-profile Canadian and US corporations through refinancings totaling in excess of $500 million; this also includes 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.
Living by the philosophy of “Our greatest glory is not in never falling, but in rising every time we fall,” Eric vows to never prejudge before learning or considering all the facts. In other words, he won’t give up until he’s exhausted every alternative.
When looking at restructuring a business, Eric says it is always important to consider every possible alternative, for instance:
Some of Eric Inspektor’s most notable deals include:
Charitable Involvements
Eric considers community involvement extremely important. He recounts his immigration from South Africa to Canada and how he and his family brought this value with them.
When the Inspektor family arrived in Canada, they found that one of the things they missed greatly was their community relationships that they had formed back home. Eric began building new relationships and became involved with Starlight Children’s Foundation. There, he organized a golf tournament called “Friends of Starlight” which raised over $150,000 over a 3 year period.
Passionate about Jewish causes, Eric also became a supporter of the Jewish National Fund. He and his family funded the building of a playground for handicapped and underprivileged children in Israel and chaired a committee for the restoration of the wall in Jerusalem.
For Eric Inspektor, giving back not only helps others but he enjoys doing it apart from anything else.
Eric Inspektor is a Toronto-based executive with more than 30 years of experience working in the lending industry.
As co-founder and senior underwriter of CORFinancial Corp., he is responsible for deal origination, due diligence, restructuring solutions and liaison between borrower and lender. CORFinancial understands the cash-flow pressures that small to mid-sized businesses face every day. The company provides SMB’s with alternative growth financing and/or financial restructuring solutions.
Eric’s philanthropy work includes raising money for the Jewish National Fund and
Starlight Children’s Foundation.
Professional Experience
Eric Inspektor’s successes include the restructuring of a number of high-profile Canadian and US corporations through refinancings totaling in excess of $500 million; this also includes 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.
Living by the philosophy of “Our greatest glory is not in never falling, but in rising every time we fall,” Eric vows to never prejudge before learning or considering all the facts. In other words, he won’t give up until he’s exhausted every alternative.
When looking at restructuring a business, Eric says it is always important to consider every possible alternative, for instance:
- Sell off a division or bring in a partner,
- Split the funding requirements between different lenders - mortgage for the real estate, factoring for the receivables, equipment leasing for the assets, etc.
Some of Eric Inspektor’s most notable deals include:
- Providing a credit enhancement guarantee for a funding structure to replace a 1st mortgage on a strip mall in Toronto to repay Barclays Bank when they exited Canada during the 1990 real estate crisis.
- Acquiring an auto leasing company in 2005. The portfolio at the time of acquisition was 200 vehicles and $1.8 million. Eric arranged funding and grew the portfolio to 3,000 plus vehicles and $32 million.
- Recently assisted the owners of a development site in Ottawa to exit from a bad joint venture agreement; assisted in selling the property to a strong buyer for fair market value, repaying all debt and recovering some equity. Without this structure the property would have sold for 70% of FMV.
Charitable Involvements
Eric considers community involvement extremely important. He recounts his immigration from South Africa to Canada and how he and his family brought this value with them.
When the Inspektor family arrived in Canada, they found that one of the things they missed greatly was their community relationships that they had formed back home. Eric began building new relationships and became involved with Starlight Children’s Foundation. There, he organized a golf tournament called “Friends of Starlight” which raised over $150,000 over a 3 year period.
Passionate about Jewish causes, Eric also became a supporter of the Jewish National Fund. He and his family funded the building of a playground for handicapped and underprivileged children in Israel and chaired a committee for the restoration of the wall in Jerusalem.
For Eric Inspektor, giving back not only helps others but he enjoys doing it apart from anything else.
