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.



Monday, April 28, 2014

Factoring Finance Companies : Cure Finance Inequality In Canada Via AR Receivables Financing












William Shakespeare weighs in on A/R Receivable Financing in Canada



OVERVIEW – Information on AR Receivables financing solutions in Canada . Reading between the lines in business financing offered by factoring finance companies for companies in search of cash flow and working capital








Factoring financing companies
in Canada can help cure the ' inequality ' that Canadian business owners and financial managers face when it comes to arranging working capital and cash flow financing, specifically AR Receivables finance. Let's dig in.

Is it possible that even Will Shakespeare weighed in our subject?! We went back and found some famous sayings he made and it clearly seems to us that some of his most famous lines potentially referred to business financing and cash flow finance.


‘MUM’S THE WORD ' (From Henry V1) = the reality is that thousands of business owners and financial managers don't really know enough about alternative financial solutions such as receivable finance. The truth? Simply that it is a strong alternative to traditional bank financing when your business can't access bank financing, or enough of it. A huge part of the Canadian business sector now considers this method of cash flow financing as a quick and accessible popular choice.

'RANT' - (From Hamlet) it’s easy for many business people to ' rant' against the banks. Why is that when our banks have one of the strongest reputations in the world? Simply because many business either don't have the track record and financial strength that is mandated by the banks when borrowing for business credit. Banks in Canada are mandated by government and shareholder requirements to maintain a conservative lending policy.

And while rapid growth from the entrepreneur is desired, even dreamed about, banks typical stance is to prefer slow and steady, keeping those ratios and covenants intact. Growth drives the need for continual working capital as receivables constantly increase, along with inventories.

And if your firm doesnt have a pristine balance sheet, or has an operating loss, or perhaps the owners have some personal financial issues... well the bottom line is that those become new issues to struggle with when attempting bank financing.

“KNOCK KNOCK - WHO'S THERE' (From Macbeth) - The who's there refers to the choices you have when seeking out a financing partner for A/R RECEIVABLES finance. That includes regional firms, small boutique financiers that specialize in specific business segments and industries, as well as Canadian and U.S. owned firms of all size. Our specific recommendation here is to learn about and access CONFIDENTIAL RECEIVABLE FINANCING, allowing the business to bill and collect their own receivables without any intrusion.

If you want to maximize the availability of working capital from your asset base seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with you asset based 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 = CANADIAN RECEIVABLE 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 '


































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