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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, February 8, 2010

Grants , & me

Interesting article today in the Financial Post by Brad Cherniak - Sapient Capital - Toronto

The article talks about business clusters - geographic focal points for business - he uses the example of Silicon Valley .

I worked in Kanata when for ten years in the 80's and it clearly was the first ' Cluster' area in Canada from my perpspective - Kitch/Waterloo seems a current incumbent .

The gist of the article is of government support and resources for these clusters .

I strongly disagree when Cherniak says the good new is that grant monies and resources are flowing to small business - working in the SME landscape everyday I certainly don't see that .

He is dead on though when referring to government intervention in the credit crunch as being somewhat undesirable - we should allow ' capital to flow freely where it wants ..' .

Anyway, I will let you know when Small and Medium business are getting all the capital they want - for health reasons don't hold your breath.
Stan

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