Why Business Credit Doesn’t Have To Be An Epic Battle When It Comes To Loans And Sources Of Finance

Has Taking On Business Financing In Canada Changed?

OVERVIEW – Information on changing trends and solutions for business credit in Canada for the SME sector .Sources of Loans and finance alternatives have changed dramatically







Has business credit and access to financing solutions really changed that much in Canada. It has if you talk to many of the clients we meet, many of whom consider it an epic battle

to access the financing they need to run, and as importantly, grow their companies. Let's dig in.

While Canadian chartered banks are doing as great as they always have many firms in the SME ( small to medium enterprise ) sector feel the credit borrowing standards for loans and other bank solutions have in fact not eased to the extent the banks maintain they have since the 2008 global implosion.

When you think about it , it’s all about getting credit, and ‘ giving ‘ credit, as your ability to provide credit terms to clients that match their needs can make or break your business. And both of those issues, i.e. accessing credit, and supplying credit to your clients affect profits, sales, and cash flow. It’s a holy triumvirate of sorts.

So what does the business owner/financial do when they find themselves ' discouraged' by the lack of business financing solutions? One alternative is in fact just that... ‘Alternative financing ' via non bank solutions.

When it's all about ' Cash flow ' and access to credit lines, term loans and equipment financing numerous solutions are available. Some are what we could call ' direct replacements' for bank solutions; others are derivatives or extensions of what main street calls ' Traditional Financing '.

A recap of these solutions? We thought you would never ask!

They include:

Factoring

Confidential Receivable Financing

Working Capital Term Loans

Purchase Order Financing

Bridge Loans

P O Financing

Mezzanine Financing

Inventory Financing

Asset based non bank lines of credit

Securitization

Govt SBL loans

Tax Credit Monetization for SR&ED and Film refundable credits

The need for cash flow and working capital solutions is a dynamic one, we can easily call it a ' moving target ‘. Many of the alternative solutions referenced above relate to what the finance industry calls ' bulge' requirements that arise over time with the ebb and flow of business success and challenges. The bottom line - Simply that good cash flow and debt financing needs today might, and often aren't there tomorrow.

Qualifications of course vary for each alternative finance solution, but suffice to say that since they are all ' non bank' in nature they are infinitely more achievable when you have assets, sales, and prospects that can be substantiated.

Is business credit important to Canadian owners and financial managers? It is if you believe cash flow is king. Never ' bank' on the fact that your firm is un- financeable - Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you in fighting that epic battle for loan and finance success in Canada.



Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial = Canadian Business Financing Expertise !






Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

CONTACT:

7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop

Financing A Franchise In Canada : Qualifications For Franchising Loan Success Explained

Do You Qualify For Franchise Financing In Canada ?

OVERVIEW – Information on financing a franchise in Canada . When it comes to finance qualifications for a franchising loan it’s important to know the criteria and what counts!




Financing a franchise in Canada comes with certain qualification criteria the franchisee must meet. What are these criteria, and what is the best way to overcome any obstacles in borrowing success for the Canadian franchisee entrepreneur? Let's dig in.

Business loans come with qualifiers, and when it comes to a franchising loan there's no difference there. Criteria for qualification and approval are made by specialty franchise lenders, banks, and commercial finance companies which often supplement and compliment a franchise finance package.

Fundamental to any financing proposal is the required reasonable personal credit history of the borrower. But how is this determined? The majority of the times it’s simply based on two fundamental factors - the personal ' net worth ' of the franchisee, and his or her credit rating at credit bureaus. (There are two main credit bureaus in Canada and your score won’t be dramatically different at one of the other). It's a numerical scoring system wherein a score of 650 is in fact the ' magic number ‘.

The net worth statement itself couldn’t be more basic - it’s a financial form that you complete that simply sows assets and liabilities - in simpler language, what you have and what you owe.

In Canada banks do a great job of advertising small business and franchise programs - the general consensus from' the street ' though is that the aggressive advertising is sometimes not reflective of the actual approval possibilities.

We'll leave it at that.









But when it comes to banks in Canada they don't necessarily finance franchises directly ( without a lot of personal collateral backing up the loan ) - they do however have specific programs in place with some of the larger well known franchisors that can fast track an approval . (Think hamburgers/clowns and hockey/donuts)

Where a Canadian chartered bank can do a great job for you (if you're working with the right banker) is under the auspices of INDUSTRY CANADA'S CSBF/BIL program, more commonly called the 'SBL ' loan.
Here's where any franchising loan fewer than 350k that covers assets and leaseholds (not working capital though) can be financed with solid terms - those include good interest rates, low personal guarantee, no repayment penalty, aggressive amortizations.

Other criteria for success in franchising loans include a solid business plan and cash flow projection, information on the background and expertise of the borrower, as well as effective narrative highlighting the current success of the franchisor.

If you are looking to succeed in the franchise industry in Canada financing a franchise properly is key to your success. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your loan needs.




Stan Prokop - 7 Park Avenue Financial :


http://www.7parkavenuefinancial.com


Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


http://www.7parkavenuefinancial.com/financing-a-franchise-franchising-loan.html






Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?


CONTACT:

7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop

Commercial Business Financing In Canada: Dispatches From The Field On SME Finance Options

Commercial business financing in Canada Shouldn’t Require a Quantum Jump

OVERVIEW – Information on commercial business financing options in Canada. The SME Finance sector has numerous options available to new and existing businesses in the Canadian marketplace




Commercial business financing options in Canada shouldn’t ( but unfortunately often do ) require a quantum jump in effort and time , so when it comes to SME commercial finance options just consider us your ' reporter in the field trenches' with some suggestions to fix financing challenges with solutions that make sense. Let's dig in.

Most private, independent business owners in Canada recognize the need for financing choices. We would add though that sometimes companies quite large and famous have their own challenges - they often might wish they were able to be as nimble as does the smaller firm grappling with cash flow, working challenges, and debt structure .

In the SME financing sector in Canada, including start ups by the way, one partner in finance that many business owners/financial managers don't consider is the Canadian government via the GUARANTEED SMALL BUSINESS LOAN program. Although it caps out at 350,000$ that' still a healthy amount to finance start ups, equipment needs, leasehold improvements, and even real estate. When it comes to real estate the program actually allows a limit of 1/2 Million $.

Franchise finance can more often than not be successfully achieved through the same program, a fact certainly not known or recognized by all.

For any established business the criteria to get true traditional low cost bank financing couldn’t be more straightforward.-

Clean balance sheet
Reasonable debt to equity
Profits
Positive cash flow coverage
Shareholder guarantees and additional collateral coverage

The bottom line - easier said than done in many cases, right?

When Canadian business financing is required the ' go to ' is obviously bank financing. When that can't be achieved either the govt SBL/BIL program, or alternative commercial financing from non bank entities make sense.

What then are those solutions? They include:

Receivable financing

Inventory finance

Purchase Order/Contract financing

Tax credit bridge loans

Equipment financing for fixed assets/technology/production assets/Rolling stock

Asset based business lines of credit (' ABL’)

How you make money and how you turnover assets is key in financing success. It's critical to maintain a strong handle on those ' working assets' - those assets that turn into cash after you effectively manage inventory and A/R.

Many business owners/managers find themselves in a state of ' limbo' as they wait for clients to pay - especially if they have a long cycle in their business, and that isn’t even taking into account the risk of bad debt.

The way you manage, and therefore are able to finance your A/R and inventory will reflect more often than not in your competitive stature in your industry.

Want a great tip? - try and manage your business to reflect an ongoing trend of lower A/R as a per cent age of your sales. Easy to track and will almost always guarantee profit and cash flow success.








Whether you're a start up or a large firm struggling for the ' nimbleness ' of SME Commercial Finance options seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you in you commercial business financing needs.




Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial = SME COMMERCIAL FINANCING OPTIONS IN CANADA




Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

CONTACT:

7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '






























Stan Prokop

Factor Finance In Canada : Are You Up To Date On AR Financing And Best Types Of Factoring In The Canadian Marketplace

Misconceptions in Factor Finance In Canada . You Just might be wrong when it Comes to A/R Financing In Canada : Here’s Why



OVERVIEW – Information on misconceptions around factor financing in Canada. When it comes to A/R financing and the types of factoring available dos the Canadian business owner/manager recognize the best solutions?








A/R Financing in Canada comes with a lot of misconceptions. We're not quite sure who starts some of these ' untruths' but we are though quite confident that when it comes to factor finance and the types of factoring in Canada that we can clear up the ' mess ' in helping the Canadian business owner and financial manager understand this method of financing.

Our goal - making sure you can handle the truth

- let's dig in.

One popular method of financing receivables is of course obtaining Canadian chartered bank facilities - i.e. the ' revolving business line of credit ‘. Where misunderstanding occurs is when the owner/ manager assumes this is the same way that Invoice financing supplies your cash flow and working capital. That's incorrect.

Banks take a collateral security agreement on all your assets, including AR, and allow you to borrow 75% of all your accounts under 90 days on an ongoing basis. Factoring, aka ' invoice discounting' utilizes paperwork that allows you to in effect ' sell ' your accounts as you generate sales. If you have the right facility in place you borrow 90% against your accounts, not the 75% the bank allows.

A/R finance is expensive isn't it? That’s one of the most common statements or questions we get from clients in initial discussion with them on how to finance cash flow. We'll let you decide that one - Consider this.

Banks have a low cost of capital and financing and borrowing costs are incredibly low - typically in the 4-6 % range per annum on your borrowing needs. The banks offset that low return and rate by taking minimum risk and only granting business credit to firms that have historical and consistent profits, owner equity and positive cash flows. That of course limits both the number of borrowers and the amounts you can borrow under bank lines.

Factor finance costs in Canada are handled in a totally different manner. You pay a ' commission' on all accounts you choose to finance, typically in the 2% range. So on a 10k invoice you would pay 200$ for the right to access cash the same day you invoice. We can already see our clients furiously pounding those calculators to come up with a ' financing cost '. But consider this:

1. First of all you have access to capital you might not be able to borrow on from a bank

2. You are already being ' the bank' for your customers already, as you carry receivables, at your expense, for 30, 60... and dare we say it, 90 days.

3. Furthermore the cash flow you gain from the right types of factoring allows you to take discounts with your own suppliers, which decreases your total cost of borrowing significantly. And that new found same day cash you achieve with financing A/R allows you to quickly generate more sales and more profits.

Don't forget also that while many firms consider this newer method of financing your firm as ' intrusive ' to some degree, that by utilizing our recommended solution: CONFIDENTIAL RECEIVABLE FINANCING , you can run your own business and bill and collect your own receivables, borrowing what you need when you need it



So there you have it - Total (we hope) clarity on a number of issues surrounding factor finance in Canada. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your account receivable cash flow finance needs.




Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial = Canadian A/R Financing Expertise


Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

CONTACT:

7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop

How To Get A Govt Loan In Canada. SBL Government Business Loans For These 5 Uses

ON THIS DAY IN CANADIAN BUSINESS HISTORY :
JAN 27/1994 - North American Free Trade Agreement ( NAFTA) goes into effect, creating a potential tariff free zone in Canada, the US and Mexico

'This doesn't seem to work when I cross border shop in Buffalo' - Stan Prokop





5 ½ Things You Didn’t Know About Gov’t Guaranteed Loans In Canada

OVERVIEW – Information on SBL government business loans in Canada . Canadian business owners and financial managers want to know how to get a govt loan and how they are used and what they are not appropriate for




Government business loans are a constant topic issue we discuss with clients who are wondering how to get a govt loan in Canada.

In reality there are numerous, 5 in fact uses for this type of financing , and despite the frustration we hear about from many business people and entrepreneurs you would be surprised at how straightforward the program is - if you have the right information and help. Let's dig in.

Many business owners/ managers can be forgiven for failing to understand the govt role in this program. They are in fact not the' direct lender' per se; they are simply the originator and administrator of the program, under the auspices of INDUSTRY CANADA.
.

So who in fact ' lends' your firm the money? No surprise it's our Canadian chartered banks - your goal is to find a local bank or banker that supports and understands the program. In the school of experience we've found the tuition in finding those bankers somewhat expensive! Your best bet is often to seek the expertise and skills of a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you in fast tracking an approval if you meet the straightforward guidelines.

So about those uses for government business loans in Canada. First of all many will be surprised that you can utilize the loan (commonly called an 'SBL' to acquire an entire business. It's a straightforward process - all you will need is your offer to purchase, a business plan, and the existing financial statements of the business you are acquiring. The loan will finance (to a maximum of 350K) all assets and leaseholds of the company you are looking to acquire.

Another solid, in fact very solid, use of the program is to acquire a franchise. Other than dealing with very specialized franchise finance firm government business loans are a great and popular way to finance a franchise.

Looking to acquire commercial real estate for your business. In many cases this involves owning the property your business occupies. SBL loans finance real estate up to $500,000.00 on amortizations of 7-10 years. Although we don't often see this type of deal as opposed to a commercial mtge. you should at least know it’s available!

Starting up? Many ' ' start up ' businesses in Canada have a lot, and we mean a lot of problem sourcing financing. The govt SBL loan program finances start ups and can be a great initial vehicle to get your business project or idea going. Financing benefits under the program even match the financing the big boys themselves can't even get - i.e. repayment without a penalty, limited personal owner guarantees, etc.

When it comes to financing assets many Canadian businesses gravitate to equipment financing in Canada for fixed asset acquisition. However government business loans also a solid mechanism to acquire equipment under generous amortizations and good rates.

The SBL program has solid benefits and terms. Those terms include rates of only 3% over prime, limited personal guarantees, long amortizations, no repayment penalties, and the ability to access business credit that you might not be able to achieve directly through banks or commercial finance firms.

But didn’t we say there were 5 1/2 things you might not know ?What's that other half about? It's our way of reminding clients that the loan is not used for cash loans or working capital lines of credit so don’t make that mistake when you require cash flow financing.

Today’s take away? Pretty simple - when you are looking at how to get a govt loan seek out the right expertise to maximize full benefits and use of this method of financing a Canadian business.




Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue = Canadian Govt Loan Expertise


Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

CONTACT:

7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8


Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop

The SR ED And Film Tax Credit Evolution . Financing Industry Credits for R and D and Media In Canada

The Debunk On Tax Credit Financing In Canada For The R&D SR&ED And Film Credits

OVERVIEW – Information on issues affecting financing for the SR&ED tax credit and media industry tax credits in film, animation and television





A Debunk on the SR&ED tax credit and film industry credits in Canada? When it comes to both applying for, as well as financing federal and provincial tax credits in ' research' and ' media ' is a ' debunk' really required ?

We thought that term was appropriate because it of course means ' exposing a false or exaggerated claim' ; and having spoken to clients for years on this subject there is a lot of misinformation as well as a thirst for knowledge around these two somewhat fantastic program that fund Billions of dollars in these two industry segments. (Research / Media) Let's dig in.

Let's first focus on film tax credits as they relate to the government incentives in this area. Knowing which tax credits to access can make or break a production in film/ TV, or animation.

Not everyone is aware that the province you complete your production in can change the amount of your tax credit claim. Foreign producers will be most familiar with completing projects in Toronto, Vancouver, or Montreal.

Using the province of Ontario only as an example (almost all provinces offer a provincial component of the tax credit) you can actually get more credit (and therefore more funding!) by filming TV and movie projects outside of Metro Toronto. Another interesting fact is that a first time producer is eligible for additional credit on qualified labor expenses under the program.

The fastest growing sector of the ' Media' credits is probably the area of animation and special effects. There must be minimum ' Canuck' content with the ability to maintain licensing control. It's common for producers to create a separate legal company for each project, often called an SPE, or Special Purpose Entity.

Before addressing the actual financing of SR ED or film tax credits let's focus on some key areas of SR&ED credits. The last couple of years have been somewhat ' tumultuous’ in R&D credits. Late breaking news seemed to be ' breaking ' all the time. This included a new online application form (the 'T661).

The ' upshot' of the new form was a simplified application process, as well as brings the actual people who prepare these claims (SR&ED CONSULTANTS) out from behind the curtains.

These folks typically charged fees of anywhere from 15-35% of the total claim, and many felt that the government funding of these claims wasn’t necessarily moving Canadian innovation along, as opposed to enriching the good folks known Sred consultancies.

Many viewed the elimination of ' CAPEX' expenditures as a blow to the program, but Billions of dollars are still funded through the program.

Yes, SR&ED and film tax credits have evolved over the last several years. Is there one constant? If there is it might just be the financing of these credits. Whether you are a first time claimant for R&D or Media credits or have filed previously any claim that you are making is financeable.

So how are SRED and Media tax credits financed. Despite being different programs they are financed in a similar manner. Claims are typically financed at 70% loan to value - the 30% remainder is viewed as a buffer or a holdback of sorts. Loans are structured as ' bridge loans'; with no payments made during the duration of the loan. A ' hot ' trend in tax credit financing is the ability these days to finance claims that haven’t fully been filed yet, generating even more cash flow much earlier for your projects.

If you're looking for the ' scoop ' on tax credit financing for R&D or film industry credits seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you maximizing cash flow in the tax credit evolution in Canada.




Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :

7 Park Avenue Financial = Canadian SR&ED And Film Tax Credit Financing Expertise





Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

CONTACT:

7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Direct Line = 416 319 5769
Office = 905 829 2653

Fax = 905 829 2653

Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop

Business Financing Health : Recognizing Finance Options

Secrets To Business Health And How They Relate To Financing Options

OVERVIEW – Information on finance options for Canadian companies. How does the overall ‘ health’ of your company affect type and amount of financing you need or are eligible for?


Business Financing Options in Canada often depend on the overall health of your company. A lot of questions can be answered by simply looking at some very basic and fundamental numbers and relationship in your financials. The doctor is in. Let's dig in!

Key to any business financing or survival for that matter is the whole issue of solvency . Here owners and managers want to assess the level of assets and debt. Lenders will always want to focus on owner equity, with a more refined focus of this number being ' tangible net worth.

Finance options will also depend on your ability and need to meet current financing commitments. Here we will point out that even a company that has had its loan called can still get very strong levels of alternative financing based solely on the asses of the business. This type of financing typically is called ' ASSET BASED LENDING ' and can come in many forms, both term debt and operating debt. They provide a path back to what many term ' traditional financing '.

The asset lending we've mentioned, when it comes to operating financing, will almost always revolve around receivables and inventory. The size, quality, and management of these two assets will dictate what type of financing you need... and... as importantly are eligible for.

You can properly measure, and help manage these two assets in some basic simple ways. In the case of A/R it simply calculating your ' day’s sales' in receivables turnover. Since the sale of inventory translates into a sale and then a receivable the management and tracking of A/R and inventory is a great way to track business health. P.S. The big companies do it all the time, all day, every day, and more often than not senior management is compensated on the management and performance of these two assets.

In the past, and we suppose we're doing it, we've suggested to clients that they track a simple chart that shows sales growth and then measures that same growth against the growth of A/R and inventories,

When looking at finance options it's important to assess whether you are looking for business financing to operate, start, or expand. In addition to traditional finance solutions offered by the Canadian chartered banks numerous other solutions work. They include:

A/R Financing

Working capital term loans

Inventory financing

Asset based lines of Credit

SR&ED Tax Credit Bridge Loans

Govt Small business loans (to maximum 350k)



Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you assess business health and finance options that suit your operating or growth requirements.





Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :

7 Park Avenue Financial = Business Finance Options Expertise !



Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

CONTACT:

7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop