Our blog highlights Canadian Business Financing solutions via receivable finance , equipment finance, working capital financing, asset based lending, business acquisition financing,franchise finance, and tax credit monetization via SRED and Film Tax Credits. Our goal is to educate and assist Canadian businesses with their financing needs. You Are Looking For Canadian Business Financing! Welcome to 7 Park Avenue Financial Call Now ! - Direct Line - 416 319 5769
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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.
Sunday, December 16, 2012
Got Growth Finance Know How ? Here’s Your Financing Cash Flow Tool Box!
A FREE DIY TOOLKIT FOR BUSINESS FINANCE!
OVERVIEW – Information on growth finance and cash flow financing for Canadian business. How can the business owner/manager maximize a combination of financing solutions.
What business owner or financial manager wouldn’t appreciate a nifty little tool kit
to address the fix for growth finance? Financing, and cash flow and working capital solutions can make or break your firm’s growth challenges. Let's look at what’s inside our toolkit. I guess you can say it's our version of DIY for business financing!
Growing (hopefully profitable!) Canadian firms are always looking at how to find that extra dollar to produce and invest in working capital. There are in fact numerous ' arithmetical' ways to calculate how fast your business can grow - they are very technical in nature, but the calculation numbers that will in fact tell you exactly how fast you could grow given your current performance . The tech term for that is ' Sustainable Growth Rate '.
That's all fine and dandy, our clients tend to want to jump right in and address real world ways in which they can accelerate growth, or in some cases slow it down - heaven forbid!
One of the 3 ways in which you can address the issue of growth finance is to speed up the cash flow that is already at the core of your business. How do you do that? More simple than you think - you speed up collections and improve inventory turns if in fact your business has an inventory component.
What you have in fact done is sped up the cash flow cycle, simply by working smarter and harder - and you didn’t even have to borrow!
When you in fact speed up that basic business cycle you're generating more cash that you can invest in your business... and growth. In effect you have accepted, and won the battle of being a better asset manager.
There are two other ways to address your growth challenges. One is to reduce costs - so in fact you have already accelerated cash flow by our better A/R and inventory management and you now reduce costs you have created a very strong, let’s call it... double whammy! Good business managers will always now how to reduce and watch costs - they can control fixed asset investments; negotiate with suppliers for better pricing. And trust us, those changes in your better gross margin actually much more dramatically allow you to grow - more than you think if you spend some time and do the calcs.
Another way to address growth is to look at increasing prices. Don’t forget if you can do that also you are at the same time improving margins.
We suppose the perfect growth finance situation is one in which you can use all three of our toolkit strategies. Just imagine being able to turn assets better, change your pricing, and lower your costs. It would appear our double whammy has become a triple whammy! We know every Canadian business owner and manager has the ability to pull of all three over any given period of time - but it's possible. And just success in any one of our three toolkit solutions will help your overall growth, financing, and cash flow.
Seek out and speak to a trusted, credible and experienced Canadian business financing manager who can assist you with growth financing solutions and advice.
7 PARK AVENUE FINANCIAL
CANADIAN BUSINESS GROWTH FINANCING 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 10 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/growth-finance-financing-cash-flow.html
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Phone = 905 829 2653
Fax = 905 829 2653
Email = sprokop@7parkavenuefinancial.com
Stan Prokop
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