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.



Monday, July 20, 2015

Business Financing In Canada : Dealing Successfully With Cash Flow Finance Challenges



You Don’t Need Dumbledore For Cash Flow Finance Secrets & Solutions – Here’s Why




OVERVIEW – Information on cash flow finance solutions in Canada . Successful business financing involves a strong understanding of your sales / revenue cycle and the timing of cash inflow/outflow









Business financing in Canada sometimes might well seem as if you need some help from Dumbledore - the legendary J.K. Rowling character who knew ' pretty much everything ' , while at the same time having access to spells and other devices.! The reality? Cash flow finance is an integral part of your sales and collection cycle; when the business owner understands that he or she is in a position to improve cash flow and determine which lending arrangements work best. Let's dig in.

Two solutions are essentially possible for the business owner/financial manager. The first solution is often the hardest, impractical at the worst of times, and time consuming. We're talking about taking on term debt or raising equity capital. Good luck with that and tell those friendly Venture Capitalists and Angel Investors
that we said ' hi ' - We'll toil on in the real world.












The second solution? It's often the most practical- and it involves simply understanding your sales cycle and determining how and when you generate cash flow and what solutions can accelerate that process! The true secret of business? We sometimes think it boils down to simply turning real sales revenues into actual ' cash on hand '.

You firms ability to generate cash in a manner that you can always predict is often the real reason cash flow is such a challenge So the more you are able to both control and manage and predict cash flow ( through a cash flow budget perhaps?) is the real road to business financing success. Those abilities will also put you in a better position with decision makers at banks and commercial financing sources.

While your accountants are no doubt great at capturing the ledger transactions in your businesses ' operating cycle ‘ it doesn’t show cash traveling through your company. This whole situation is even more acute for companies that have long term contracts, or who have a long mfg cycle.

As you have hopefully seen, the best thing about your business (sales and profits) are rarely emphasizing or capturing the cash flow challenges your company faces. So when you put aside all your cash outflows in marketing, or R&D, as well as operating expenses, and also understanding the investment you need to make in inventories and carrying receivables... suffice to say... Cash flow mgmt and finance becomes JOB #1.

Solutions available to business owners/mgrs for cash flow finance are varied. They include:

Bank credit
Non bank business credit lines
Inventory Finance
Sale leaseback Financing
Tax Credit finance
PO / Contract Financing
A/R Finance /Invoice Discounting/Confidential Receivable Financing


We've determined you don't need the services of that wizard ' DUMBLEDORE ' with his array of magic ; His title was apparently ' Head of Transfiguration ' but prudence dictates contacting a trusted, credible and experienced Canadian business financing advisor who can show you how to successfully deal with cash flow finance solutions might just well be a great alternate strategy


7 Park Avenue Financial :

http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCING EXPERTISE





7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line
= 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '




ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.








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