WELCOME !

Thanks for dropping in for some hopefully great business info and on occasion some hopefully not too sarcastic comments on the state of Business Financing in Canada and what we are doing about it !

In 2004 I founded 7 PARK AVENUE FINANCIAL. At that time I had spent all my working life, at that time - Over 30 years in Commercial credit and lending and Canadian business financing. I believe the commercial lending landscape has drastically changed in Canada. I believe a void exists for business owners and finance managers for companies, large and small who want service, creativity, and alternatives.

Every day we strive to consistently deliver business financing that you feel meets the needs of your business. If you believe as we do that financing solutions and alternatives exist for your firm we want to talk to you. Our purpose is simple: we want to deliver the best business finance solutions for your company.



Thursday, December 3, 2009

CANADIAN SECURED CREDIT FACILITY

I read with amazement yesterday in the Post and Globe that the Govt and BDC had completed the first deal, 300m, under the CSCF as referenced in our title post .

While I applaud the deal Imust say that this is the ultimate 'too little, too late ' - To have completed only one transaction , and that one being to finance the captive arm of a foreign farm and construction company is surely a slap in the face for the thousands of small and medium firms who are hanging in through the current Canadian credit crunch .

At 7 Park Avenue Financial we continue to work hard everyday focusing on financing solutions for the little guy ( we finance the big guy also ) but we sure could you some help from Ottawa and Queens Park.
Stan
http://www.7parkavenuefinancial.com

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