Friday, March 22, 2013

Confidential Invoice Factoring & AR Discounting In Canada







Taking The Controversy Out Of Receivable Financing ?

Information on how confidential invoice factoring and AR Discounting programs work in Canada



Confidential Invoice Factoring & AR Discounting in Canada. The whole issue of receivable finance is always a bit controversial. That is whether it is part of the debate of whether it’s a non- traditional type of financing, or often the issue simple revolves around the cost and day to day dynamics of this method of financing your business.

Let's take a step back for a minute. Every business owner and financial manager recognizes the constant battle between sales growth and their cash flow challenges. It's essentially a constant battle for supremacy almost, don’t you think?

Canadian businesses have been intuitively addressing our Canadian chartered banks as ' the' solution to their financing needs. However experts tell us that a large majority of Canadian business does not have the access they need to ongoing working and or long term capital.

That lack of capital essentially becomes an ' obstacle to growth, often being a larger challenge than growing your revenues, beating your competition and managing your assets


We maintain that using what we term a ' confidential’ receivable finance program is one way to ' diffuse ' the whole issue. How? Simply by providing you with a method of financing your business through the growth in A/R that comes from sales in a manner that lets you be totally in charge of your billing, collecting, client relationships... all the while having total access to cash flow for every sale you make . All the time, or some of the time!

Confidential invoice factoring and discounting is fast becoming a preferred solution for funding Canadian business. While cost is often a factor in the decision to finance your company in this manner the ability to get all the cash you need all of a sudden becomes a very acceptable option.

AR Discounting facilities, on a confidential basis, work the same way as traditional asset factoring. It simply a process in which a charge, similar to the Canadian bank agreements is place against your receivables. The application process is always significantly faster than a bank type financing.

In cases where it makes sense to all parties the Canadian business owner and financial manager might be surprised to know that the Confidential facility can co-exist with your bank arrangement if you have one, if, and its a big if, it makes sense to all parties : your firm, your bank, and your Confidential AR finance provider . That's probably more of a subject for another day.

Part of the attraction of a confidential facility is that there is no relationship interference between your company, your clients, or vendors. A lot of the controversy around traditional factoring and invoice discounting in Canada arises from the concern of client perception, especially if you're dealing with larger companies. That becomes a non issue with your confidential AR facility allowing you to bill and collect your own receivables, all he while generating cash on a regular basis consistent with your sales.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor on this unique method of cash flowing your sales, without the controversy!






Stan Prokop - founder of 7 Park Avenue Financial –

CANADIAN BUSINESS FINANCING

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 :

CONFIDENTIAL INVOICE FACTORING AND A/R DISCOUNTING








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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