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
WELCOME !
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.
Thursday, September 11, 2014
Business Cash Solutions : Break Free With Sources Of Growth Financing In Canada
Feeling ‘ Awkward ‘ About Growing Your Company ? We’re Solving That Problem
OVERVIEW – Information on sources of growth financing in Canada. Business cash solutions provide the capital you need to comfortably meet your goals.
Sources of growth financing in Canada allow the Canadian business owner / financial manager to ' break free ' from those chains they feel when it comes to growing their business. Those same business cash solutions or lack thereof! can make our break your business. Let's dig in.
The challenges to lack of bank financing in the SME Commercial Finance sector leaves owners/mgrs with a feeling of awkwardness - if only for the reason they don't know where to turn when it comes to accessing capital.
If there is any good news it's simply that the whole situation has left a lot of alternate solutions on the table, as well as in many cases forcing business to get back to a lot of basics around cash flow planning. There is nothing more exhilarating than your client demands for more of your product or services and feeling you can't deliver because of financing challenges.
Not everyone may necessarily agree that the current state of business finance in the small/medium enterprise sector is a dire straits situation. For centuries business has relied on Canadian chartered banks and other large institutions to provide the bulk of financing needed
Are there business cash solutions that will eliminate the concern for lack of finance alternatives? Of course there are, and they include:
A/R Financing
Inventory Finance
Asset based ABL lines of credit
Purchase order financing
Working capital term loans/unsecured cash flow loans
Tax credit financing (SR&ED / Media refundable tax credits)
SAS Financing (software as a service)
Royalty Finance
Securitization
Equipment financing/ Sale Leasebacks/Bridge loans
If in fact top experts are correct that access to finance remains a large concern to owners then the above solutions clearly provide positive hope.
Naturally many firms continue to pursue outside equity capital - that’s not what we're focused on here today, if only for two reasons:
Only the smallest percentage of firms going the private equity/VC route are successful , and we'll remind you that when they are owners give up large per cent ages of ownership.
Naturally if you don't have proper financials, and other potential key requirements such as business plans, timely cash flow projections, growth prospects, etc you are never going to get the financing you need at a competitive price.
And in many cases those non bank alternate finance solutions cost more so your ability to achieve the lowest cost is always going to be hampered by a poor business/financial case. Simply speaking you need to show lenders you're got a growth plan to success.
If you're feeling ' awkward' about Canadian business financing solutions 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 breaking free from the chains of lack of sources of growth financing .
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 FINANCE & GROWTH 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
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.