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, January 14, 2016

Business Lender Challenges : Loans & Financing From Lenders That Fit !





Prayers Answered ! Finally A Solid Perspective On The Right Business Lenders For Your Company
















OVERVIEW – Information on financing and corporate loans in Canada. Are you working with the right lenders? What type of business lender suits your firms needs via a traditional or alternative finance solution





Financing via the right business lender delivers on the right financing for your business. But the question arises which lenders will provide the right loans and other financial solutions? Let's dig in.

When Canadian business owners are optimistic about their future those sentiments don't necessarily translate into what type of financing will deliver on those aspirations of growth in profits and sales.

Top experts tell us that a solid majority of owners/ mgrs in fact expect their sales to grow which has therefore resulted in the need for additional loans. The way to grow a company is obviously viewed differently by owners - some choose to grow organically while others take the acquisition route - acquiring a competitor or another strategic/synergistic opportunity.

So back to our conundrum. What is the right business lender for your business - in fact quite often the case is plural - which ' lenders' are going to solve your financing challenges.

Let's provide a clear recap of why businesses such as yours are looking for capital/loans/asset monetization strategies. They include:

Expanding their business locally and otherwise

Financing working capital needed for growth

Refinancing existing loans with current lenders/banks

Upgrading fixed assets

Owner equity takeouts

Distress situations


Do Canadian chartered banks take up the slack when commercial financial solutions are required? That debate rages eternal among business owners and financial mgrs. Of particular debate is the fact that the small to medium sized marketplace in Canada, literally tens of thousands of firms potentially like yours feel somewhat underserved when it comes to realistic financing solutions for their business.

Those bank credit lines are sometimes being cut back; doing little for the entrepreneur that is focused on growth, let alone hyper growth! Again recent surveys, albeit in the U.S. indicated that over 66% of all businesses in the SME sector reported on their inability to raise external capital.

What then is the reason that financing is a stumbling block for businesses? Very simply speaking it’s because those businesses are outside the ' credit box ' that traditional financing places on commercial lending.

Worse yet is the time that we see clients have spent chasing the wrong lender , compounded often by their inability to present their business case in a proper format .

If you're looking for:

A/R Financing

Inventory Loans

Access to Canadian bank credit

Non bank asset based lines of credit

SR&ED Tax credit financing

Equipment / fixed asset financing

Cash flow loans

Royalty finance solutions


seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with financing needs. Prayers answered!


Stan Prokop

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

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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