Beltline Capital Partners is a Canadian private credit and capital advisory firm focused on providing flexible, non-dilutive financing solutions to small and mid-sized businesses. We work with companies at moments of growth, transition, or complexity where traditional lenders are constrained and equity is misaligned. Our role is to structure capital that supports execution, preserves ownership, and improves long-term outcomes.
Beltline operates through a broad and established network of private lenders, specialty finance firms, and institutional capital partners across Canada and the United States. This network allows us to design and arrange tailored financing solutions across senior secured debt, asset-based lending, working capital, and structured credit, selecting the right capital for each situation rather than forcing a single product or balance sheet.
The Canadian capital market leaves many strong businesses underserved. Bank lending is increasingly rigid. Equity can be expensive and dilutive. Government programs are valuable but difficult to navigate. Beltline sits between these options. We design structured private credit solutions that reflect the realities of the business, not just a template. Capital is built around cash flow, assets, timing, and risk, with an emphasis on durability and alignment.
We provide and arrange senior secured loans, asset-based and working capital facilities, accounts receivable and purchase order financing, structured growth capital, and bridge financing. We also advise companies on grant strategy and non-dilutive capital optimization, helping them pursue institutional and government funding in a disciplined and compliant way.
Our clients are founder-led and management-owned businesses across industrial, manufacturing, energy services, agriculture, technology-enabled services, and consumer sectors. They are typically profitable or near-profitable, asset-backed or cash-flow generative, and focused on growth, acquisition, or operational scale.
We are independent, flexible, and product-agnostic. We focus on structuring the right solution rather than forcing a single outcome. Our value comes from judgment, relationships, and execution.
With more than 20 years of experience spanning venture investing, debt capital investment management, and leading high-functioning teams, Doug brings deep expertise in financial analysis, fundamental research, and strategic execution. Over the past seven years, he has led a high-performing team of 35 professionals, deploying capital into hundreds of early-stage companies and helping scale some of Alberta's most promising ventures.
Doug's foundation in the high-yield debt market is rooted in his tenure at Peritus Asset Management, where he managed a $200 million USD portfolio focused on energy and chemicals. During that time, he played a pivotal role in growing a publicly-listed ETF on the NYSE from $80 million to over $1 billion USD in assets under management.
In addition to his portfolio management background, Doug has advised on corporate divestitures, complex deal structuring, and debt refinancing for transactions ranging from $10 million to $100 million. His unique blend of public and private sector experience—including oversight of government-backed financing programs—positions him to lead BCP with a differentiated and highly relevant approach to modern private credit. Doug holds an MBA from the Haskayne School of Business at the University of Calgary.
Richard solves complex problems in critical moments, navigates varied business environments, and consistently sees what others do not. His multi-sectoral experience is extensive, crossing technology, energy, power, professional services, capital markets, real estate, venture capital, and philanthropy. His combination of legal and business perspective allows him to challenge conventional thinking and achieve breakthrough outcomes.
Richard’s career has evolved from securities law to business creation and leadership, generally with early-stage companies. He has sat on dozens of corporate boards of exchange-listed, private, and philanthropic organizations. His expertise includes finance, governance, risk management, compliance, designing and leading complex transactions, general business operations, dispute resolution, selecting and managing professional advisors, and identifying and managing conflicts of interest.
Richard is fluent with Canada/US cross-border business operations and structuring, including transfer pricing, cross-border taxation, financing, and asset transactions. Richard was named one of Alberta’s 50 Most Influential People by Alberta Venture Magazine (‘13) and has a strong network of business, financial, and governmental leaders, influencers, writers, and innovators. Richard attended the University of Calgary (Economics ‘87 and LLB ‘90) and was admitted to the Alberta Law Society in 1991.
Walker Macleod serves as Strategic Advisor, Special Situations and Restructuring for Beltline Capital, bringing over two decades of experience in financial services and corporate workouts. A key driver of the firm’s investment pipeline, Walker leads distressed deal origination and loan structuring efforts, identifying high-value opportunities within the senior and subordinate credit space.
Walker possesses extensive expertise in transnational restructuring, refinancings, equity reorganizations, and asset sales across Canada and the United States. He guides private equity sponsors and institutional investors through the full deal lifecycle, structures creative financing alternatives tailored to specific balance-sheet challenges, and navigates complex legal and financial frameworks in multiple Canadian and U.S. jurisdictions.
An active member of the Law Society of Alberta, Walker previously practiced with the Bankruptcy and Restructuring Group of McCarthy Tétrault LLP, where he was involved in some of Canada’s most significant insolvency cases. He is a past president of the Turnaround Management Association (Northwest Chapter) and a frequent speaker on insolvency and restructuring matters.
If you are evaluating capital options for growth or transition, we welcome the conversation.
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