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
Wednesday, February 5, 2014
Business Finance Options In Canada : Corporate Funding Solutions And Alternatives
Waiting for the ‘ Second Coming’ In Business Financing In Canada : It Might Have Already Arrived !
Information on how owners/managers can access business finance options in the Canadian marketplace. Corporate funding alternatives exist in traditional and alternative solutions if you can position your firm properly
Business finance options in Canada, when achievable, provide a sense of security to Canadian business owners and financial managers. When we talk to many clients and business folks they feel their financing solutions are limited; in other cases they know they have options but don't know where to look or who to talk to. Let's dig in.
Our position? The second coming in Canadian business financing might already be here - you just didn’t get the memo! The reality is there are many traditional and alternative financing strategies that give the owner/manager a broad spectrum of funding alternatives , And trust us, we're not talking about large well funded already public companies with access to capital , equity markets , and Bay Street smarts . Those solutions apply equally as much to the SME (Small to medium Enterprise) sector in Canada.
Financing is of course required for a variety of circumstances; it might be growth, operations, turnaround / recapitalization, and even the acquisition or merger of your firm with/by another.
It's not secret that the Canadian business financing landscape has evolved dramatically in only a few short years since the 2008/2009 financial debacles every company on the planet felt the brunt of.
There is one huge irony we've observed - the constant message by Canadian banks and financial pundits that there is a lot of corporate funding and capital alternatives available to business. Yes, we agree, it’s just that the hurdles to achieve those goals seem much higher. The bar has been raised.
So how does the owner/manager, whether it be a start up or a mid market size type firm achieve access to financing. First of all they need to know if they are looking for and suited for the right amount of ' debt' or ' equity '. As importantly they need to know who to access for that funding - it might be a bank, but it also might equally be available from independent commercial finance companies and asset based cash flow lenders.
Naturally it takes a bit of time to search out these alternatives, and to feel secure you are dealing with and talking to the right parties. Here is might be highly advisable to 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 positioning your business for the financing it deserves
What then are some of those solutions and finance options? They include:
Receivables financing
Inventory finance
Sale leaseback
Equipment leasing
Bridge loans
Commercial bank lines of credit
Asset based non bank credit line facilities
Term loans/ Working Capital Term loans
Government SBL loans ( max to 350k)
Securitization
Mezzanine Financing
How to approach those solutions? The way we do it with clients is pretty straightforward:
Understand your current financial position
Ensure a cash flow or business overview/plan is available
Commit time to speaking to qualified capital sources
Pick the financing alternative that is achievable in current circumstances
In essence you want to properly ' navigate’ those sometimes complex financing waters.
When you understand your current liquidity and capital structure issues you've clearly discovered, you guessed it, the 2nd coming of business financing and corporate funding 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 = Canadidan Business Finance Options
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
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