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.



Sunday, January 6, 2013

Buying A Company? Who Can Help You With Financing To Buy A Business Or Make An Acquisition?






Canadian business acquisitions and merger financing


OVERVIEW – Information on buying and financing a company in Canada . When you buy a business or make an acquisition you need specialized assistance and expertise




If you are buying a company or a business in Canada your goal is of course to make an informed acquisition, pay a reasonable ' market' price and get the financing to need to make your deal work.




That might be an outright acquisition, or perhaps even a merger with a strategic partner or competitor.
The large corporations in Canada, public and otherwise have access to tons of talent and assistance in this area. But what about businesses in the SME sector, from a small business to a mid market type company?
If you’re looking to execute on a deal it might be very wise to consider the assistance of a Canadian business financing advisor to assist you in closing the deal, and in some cases even finding the deal.
Going it alone works, but boy can that be both time consuming, painful and expensive.





In what ways can a qualified intermediary or financing advisor help you? There are several key areas - they include:

Developing criteria for your final decision

Reviewing and assessing financial information that's available

Helping with pricing and valuation

Structuring a financing that makes sense based on assets, cash flow


Timing is always critical when it comes to arranging financing and making that acquisition. You need to ensure that who ever you are working with is proactive when it comes to timelines. The quality of a final financing package is critical and can significantly influence the parties who will finance your deal - which might be Canadian banks, independent commercial finance companies, or even perhaps a private equity group.

What can the business owner or manager expect to pay when it comes to a Success fee or work fees? In the SME sector we suggest a nominal but reasonable work fee and a Success fee in the 1-5% range depending on the complexity of the deal. In many cases the work fee or ' retainer' as many seem to prefer to call it can easily be negotiated to be deducted from the final Success fee.

Reasonable fees for an advisor or intermediary ensure he or she is incented to keep things moving when things get tough on a deal , and the quality of the person or firm you are dealing with will quickly demonstrate to you the amount of useful information and advice they can bring to a deal .

Also, it sure helps if you are working with someone who has a sense of the industry you are in. They tend to be on a first name basis with people and firms that can help you both acquire and finance your deal. That's important and has value.

Buying a company and arranging the appropriate financing to make your acquisition successful requires patience, proper documentation and disclosure, and some hand holding along the way. You may have found the right deal, but if proper and successful financing is not in place there is of course... NO DEAL! That’s when the right amount of debt, equity and financing expertise becomes critical.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you buy and finance that company or acquisition.


7 PARK AVENUE FINANCIAL
CANADIAN BUSINESS FINANCING ACQUISITION 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/buying-company-financing-buy-business-acquisition.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















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