Business Financing . What’s Sparking A Boom In Innovative Finance And Loan Options In Canada

Here’s A New Concept ? Business Financing That Works


OVERVIEW – Information on business financing options in Canada . Loan and Asset monetization for cash flow and working capital are abundant , if you can identify sources and your ability to qualify your firm.



Business financing options ? Loan, asset monetization and working capital solutions are becoming more abundant in Canada today. What are those options and why now? Let's dig in!

If there is a sure thing in Canadian business its that access to capital is always an up and down roller coaster for the majority of Canadian corporations, from start up to FP 100 firms.

The ultimate irony of course is that while everyone tells us, and we read daily, that capital is in large supply why is it so hard to access?

For a starter that access is coming from a more wide variety of firms - these include our Canadian chartered banks, asset lenders, niche specialty lenders, and VC and private equity - those latter two not being in our subject focus here.

So how does the Canadian business owner and manager approach the whole aspect of determining what funding alternatives are available. Safe to say you need some great guidance, and a plan! That plan focuses of course on how you intend to use the funds, understanding your company's borrowing ability, and understanding the true benefits of the financing you're considering.

We talk to business financing clients all day and what is somewhat disturbing is always the focus around VC and Equity financing. In Canada only the smallest portion of firms will ever qualify for that type of financing. Here's one for you - top experts in the field say that .2% (Yes that’s ‘point 2'!) of all firms ever qualify for VC type funding. So let’s get that one off the table quickly.

So what in fact should the owner/manage be looking for? Simply speaking , understanding the actual financial ' vehicles' used in business financing, the sources of that finance, and where you can find real third party expertise to execute on your financing.

Along your journey for business financing options you'll encounter some major question marks and hurdles - they include:

- The ability to present your strengths and address weaknesses

- Personal Guarantees

-Ensuring you have the right mix of debt and equity

Knowing how to assess your current financial position will in fact lead you choose the best method of financing your company. Being able to talk to key issues such as day’s payable outstanding, DSO collection period, Inventory issues, and overall cash flow is key. How you are doing now is key to solving your financing need.

Key areas of focus then are your current ability to meet your financing commitments, your track record with banks and other lenders, and the overall amount of debt on your books.

Many clients we talk to are emphatic about their need for financing, but are somewhat unable sometimes to address the actual uses of that new financing. And by the way, it’s those uses that will drive the right financing solutions you need.

Oh, and those abundant financing solutions? They include:

Receivable Financing
Inventory Finance
Sale Leasebacks
Equipment Financing
Bridge Loans
Asset Based Lending
PO Financing
Royalty Finance
Government SBL Loans
Unsecured Cash Flow Loans
Commercial bank facilities

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your business financing options.







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 :

7 PARK AVENUE FINANCIAL = BUSINESS FINANCING LOAN OPTIONS


CONTACT:
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