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.



Saturday, September 22, 2012

Your Futile Search For Government Business Loans Ends Here. The Canadian Govt SBL Loan Navigated ….Perfectly!





Real World Financial Help For Gov’t SBL Loans


Information on the government business loans in Canada. Let the SBL govt loan put your business on solid footing.




It's over. No... Really it is. That somewhat futile search for what you have been looking for - government business loans. We're going to take you from the world of government websites (boy are they jam packed) to the real world of the SBL govt loan.

The real world is where we toil everyday and we'll share key info and advice on what thousands of firms such as yours look for additional financing not available elsewhere.

The trick is how to get that loan, and its approval through a process of qualification and documentation. We'll focus on three basic areas -

1. Why is this program such a great option?

2. Where exactly do you get this loan - that... in spite of the government websites! is still a mystery to many

3. What do you need to both apply and get approved?


Taking the guesswork out of the SBL govt loan process is where you want to be, right? So why is it worth the time to spend on this great business financing option? The reality is that you're in a large group, that’s the tens of thousands of businesses in Canada our SBL program deems as small.

That brings us to the definition of ' small ' which in the case of government business loans is under 5 Million dollars. Oh, and by the way that ranges from start up with zero revenues to actual sales, annually under 5 Million dollars.
It's of course firms such as yours that employ people, and represent a mega huge portion of Canada's economy. Thats in effect our answer to our above question #1 - obtaining financing is difficult for any business, any size, anytime... so for your firm to have access to a program that has great rates, structures and terms , with only a partial personal guarantee ... well, we think we have made our point!

So where do you get an SBL loan? In Canada this program is sponsored and administered from a regulation perspective the Industry Canada, a branch of our government. But the govt has arranged for your local Canadian chartered bank to run and finance the program, with a majority of the loan, in effect ' guaranteed ' to the bank... by the govt.

So, it’s as simple as that? Trucking down to your favorite local bank manager (are there even bank mangers these days ... i.e. the guy or lady that sits in the corner?) and applying?




Not so fast. Here's where reality hits the pavement. Although the program is available from every chartered bank, and even some credit unions not all banks love the program, some have changed the rules a teeny bit, and many don't employ staff who are both familiar with and are comfortable with putting the loan together .

And trust us... it’s not rocket science. We can't think of one aspect of government business loans that is really that different from any other type of business financing you may have applied for... other than ensuring you have paid and filed your personal income taxes. (Hey, it’s a ' Govt' loan!)

Program highlights?

Maximum borrowing of $350,000.00.

Great interest rates for the start up or established firm.

25% Personal guarantee only.

And by the way the program finances both assets and ‘leasehold improvements’. How good can it get?!


Looking for a fast track to the SBL govt loan? Speak to a trusted, credible and experienced Canadian business financing advisor who can get you from the 100 yard line to the goal line in a process that isn’t as hard as you thought.




7 PARK AVENUE FINANCIAL
CANADIAN SBL GOVERNMENT LOAN EXPERTISE!





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/government_business_loans_sbl_govt_loan.html







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