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.



Sunday, March 17, 2013

Canada Business Loans . Is There A Secret Society In Canadian Business Financing?









It Doesn’t Have To Be Secrets And Mis-information When It Comes To Business Finance Solutions



OVERVIEW – . Information on access to Canadian business financing solutions . Asset monetization and loans that makes sense for your firm are readily available – if you know where to look – and what you’re looking for!




CANADIAN business financing is a challenge anytime, from the entrepreneur's dream of l start up loans to major corporate needs. We think the Canadian business owner and financial manager can be forgiven for sometimes thinking that there is a SECRET SOCIETY they have to penetrate to get the financing they need.

That of course connotates some sort of organization where the activities and inner functioning are concealed from non – members; i.e. Your Company! Does it have to be that way? We don’t think so and here’s why.

The current business environment makes the above noted challenge even more daunting. Whether a firm is established and doing well, or experiencing financial distress or working capital or growth needs - the challenge remains the same – cash flow and solutions for financial growth.

What is the 'challenge'? Simply speaking it is identifying the proper financing solution , determining whether the solutions is a short term fix or a long term solution , and then, most importantly executing with experience the proper financing solution.
The business owner must be able to properly position the current shortcoming as both an opportunity and risk appropriate.

Proper financing begins with the owners and his advisors ability to identify the current financing challenge. The owner and advisors must provide a compelling reason for the lender to assist in an appropriate financial solution.

Who are these 'advisors'? Typically they are internal financial staff, i.e. CFO/Controller, etc, or alternately third part accountants and experienced financial intermediaries with a track record of success.

Business Financing is complex - However at the end of the day the financing solutions are actually very well defined - They are as follows:

Leases and Term Loans

Working Capital Loans

Asset Based Lines of Credit

Bank credit lines

Non bank credit lines

Receivables purchasing

Inventory Lines of Credit
Leasing and Sale Leaseback / Bridge Loan Strategies

Purchase Order /Contract / Supply Chain Financing

Commercial mortgages

Tax Credit financing


The business owner, and their advisor, should have a very clear focus - That focus is as follows:

What is the best financing solution on either a short term or an intermediate/long term basis for the business?

Does the business owner or executive clearly understand all the financial options available - what are the criteria for these different options - what are the rates/terms and structures for each option.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with business loans and asset monetization needs.





Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - has completed in excess of 80 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.
Info re: Canadian business financing & contact details :

CANADIAN BUSINESS FINANCING LOANS



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Phone = 905 829 2653
Fax = 905 829 2653
Email = sprokop@7parkavenuefinancial.com





















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