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.



Wednesday, December 17, 2014

Business Capital Financing In Canada : Eliminating Your Dark Days Of Loans & Asset Finance






3 Reasons To Borrow For Business Capital



OVERVIEW – Information on business capital financing in Canada . When business owners have solid reasons to borrow for growth numerous solutions are available and the time is just about now




Business capital financing in Canada, particularly in the SME COMMERCIAL sector often comes with that feeling of ' dark days ' for the Canadian business owner/financial manager.

Despite those challenges there are in fact some great reasons to borrow for your business - we'll cover off 3 of them. Let's dig in.

While it's debatable how great the current business climate is many firms are nonetheless in a position to grow their business these days. Business lending from banks, alternative finance providers and others seem to be on the rise.

So why should the owner/manager consider new or enlarged sources of financing? Here are our three reasons:

1. Today's competitive business environment calls for continual investment in your business. Very simply speaking - your competitors are there already.

2.
Timing has never been better - Canadian chartered banks tout SME lending and alternative finance solutions from niche providers have never been more abundant

3. Borrowing rates and costs for both traditional and alternative financing are at all time lows with of course the general consensus being that rates can only go up in the future. Naturally though not all business financing is done at locked in rates


Even the Canadian govt is willing to step in, having recently revamped to a certain degree the Government Small Business loan program, which guarantees the majority of your loan to the banks. The key advantages of the govt guaranteed loan are still the same - flexible terms, competitive rates, and the ability to finance equipment (new and used) and leaseholds

Many businesses require key technology upgrades and its often a wise choice .to utilize equipment financing for new or upgrades in computers, software, telecom equipment, and other application software required by your business.

If you do believe top experts that business finance capital via loans or asset monetization is critical to success. Exploring options such as:

A/R Financing

Asset based business credit lines

Cash Flowing of SR&ED tax credits

Inventory Finance

PO Finance / Sales Financing/ Royalty Finance

Sale leasebacks


are all potential solutions to your capital conundrum. Oh and by the way, debt and asset monetization strategies don't dilute equity!

There's often no one solution to all your business needs, and often the ultimate solution is a ' cobbling together' of various solutions to match your overall financial strategy.

The bottom line - with knowledge and expertise you can more easily eliminate those ' dark days ' oft associated with business financing. 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 and asset monetization 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 BUSINES CAPITAL FINANCE 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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