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.



Showing posts with label business financing solutions. Show all posts
Showing posts with label business financing solutions. Show all posts

Sunday, August 26, 2018

5 Revolutionary Breakthroughs In Working Capital Business Loans & Cash Flow Canada !










New methods of working capital financing in Canada


Information on working capital and cash flow business loans and non – loan solutions for Canadian business





Mission impossible? We're going to try and re program your business brain around some innovative ways to look at working capital and cash flow solutions for Canadian business - and it might be a loan scenario... and then again it might not?

And about that word ' revolutionary ‘... we’ll leave that up to you to decide. However, we're quite sure we've got some working capital and cash flow innovation coming your way.

A popular term these days is ' the liquidity gap ' - it is simply the challenge that small and medium sized businesses tend to face in Canadian business financing. When you really think about your balance sheet that liquidity gap more often than not tends to focus on the investment you carry in receivables and inventory.

Also, financing options utilized in the past - we tend to call them ' traditional financing ‘, don't seem to be available, and when they are they don’t suit your needs re size, type of facility, and external collateral and guarantees that might be required.

No one is more a fan of Canadian banks than us. We love them. Canadian business owners and financial managers seem to struggle with why they can’t get financing for the bank. We heard a great explanation of that recently.

So, have we got a great story for you? As Canadians we put our funds into a bank, we also seem to have this feeling that we should be able to get it out anytime we want it. That's the story! Because in a simplistic way the banks can't really over lend to small and medium businesses because that is not the deal it made with me as a depositor. So I apologize for that! I made a deposit; I didn't contribute to a start up hedge fund!

Anyway... working capital and cash flow solutions are clearly available from Canadian chartered banks - but repayment from you must be certain- so have those good balance sheets and additional collateral and guarantees ready.

Back to those ' revolutionary' working capital solutions we have talked about. And as we said, they might not be a pure ' loan ‘.

From our point of view some of the most innovative ways to achieve 'cash flow nirvana ' might be facilities you have never heard of. What are they?

5 of the best solutions you should consider are as follows - purchase order financing, asset based lines of credit, merchant advance loans, C I D receivable financing, and tax credit monetization.


A short recap of those? Purchase order financing allows your supplier to be paid directly by the financier. Asset based lines of credit are facilities based on current and ongoing values of your total inventory and receivables. Are you a smaller or retail oriented business? Merchant advance financing provides cash flow today for sales you make tomorrow.

Everyone has heard of factoring. But C I D receivable financing provides you with the same benefits, i.e. same day cash flow on sales, but you bill and collect your own receivables without notification to clients, suppliers, etc. And finally, got a SRED claim to be filed? Monetize it today with a SR &ED bridge loan.

Want more info? Seeing the potential benefits already? Speak to a trusted, credible and experienced Canadian business financing advisor for a working capital business loans and solutions that maximize your cash flow requirements. It's as simple as that.





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


Click here for 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 .



' 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.





Sunday, October 21, 2012

What They Don’t Tell You About Cash Flow Problems . Canadian Business Financing





The What and When Of Canadian Business Financing Solutions

OVERVIEW – Information on the reality of cash flow problems and the possible business financing solutions available to the Canadian business owner/manager







It's actually not a mystery, although many business owners and financial managers think they have no, or limited access to business financing solutions when they are experiencing cash flow problems.

The reality? If you’re honest about recognizing the root causes and real current situation around your working capital and cash flow problems you’re gong to find that nothing is really hiding between you and access to cash flow nirvana!

That's why it's critical to understand why you are in fact seeking cash flow solutions. It goes beyond the aspect of profit, and focuses on the basic needs of your business - buying more assets, real estate perhaps, and having enough cash on hand to operationally run your business successfully. And if you are in the throes of a turn around it’s simply a case of getting more time and muscle behind your well earned turnaround. So seeking the right financial solution allows you either to start a business, grow it, or survive when times seem a bit tough... generally thats when expenses exceed revenue!

Timing is everything when it comes to achieving success in business financing. We recall Ford Motor Company having refinanced their entire corporation just before the 2008 world wide meltdown, allowing them to weather the storm a lot better than many of their competitors. Whether that was more luck and timing than planning we'll never know, but boy did it work!

Remember also that there is a big difference between financing assets and working capital, so spending some solid time around getting working capital and cash flow facilities in place allows you to access funds on the asset monetization process that you put in place . Simply speaking ... get approved for the type and amount of cash flow facility you need is a lot more difficult when your balance sheet and income statement are showing business stress.

Key to business financing solutions is... surprisingly... knowing which ones to pick, and yes it does seem sometime that you are not being told the whole truth ... is something being hidden. One possible reason for that... that the institution or commercial finance company you are dealing with can’t deliver on that solution... perhaps because they don't offer it. Quick example - you need to finance a short term asset for a major project... you want a 25 month lease or loan. You approach your asset finance partner who indicates they can't do a 2 year lease or loan, and furthermore, they don't offer operating leases. The solution? Find someone who does!

Also, make sure to understand some of the other factors of business financing solutions that many business owners/managers don't consider when they attempt to access financing. That might include your industry, your geographical location (not all Canadian business lenders are everywhere), and finally our personal credit situation as guarantor.

At the end of the day it certainly might seem like you're not being told the truth about finance solutions in Canada - a harsher reality might be that you have simply been working with the wrong party and don't know that you have solutions in place around receivable finance, flexible equipment financing (yes those 24 mo solutions are available), asset based lending, securitization, tax credit monetization, and unsecured cash flow loans.

Speak to a trusted, credible and experienced Canadian business financing advisor with access to multiple finance solutions for your firm... today.

7 PARK AVENUE FINANCIAL
CANADIAN BUSINESS FINANCING / CASH FLOW SOLUTIONS




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 7 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 :

http://www.7parkavenuefinancial.com/cash_flow_problems_business_financing_solutions.html