Friday, October 30, 2015

Cash Flow Financing : You Have To Deal With Accounts Receivable & Here’s How







Ready For A Gabfest On Cash Flow Financing ?






OVERVIEW – Information on accounts receivable and cash flow financing solutions in Canada






Cash flow financing in Canada
requires that business owners/financial mgrs take a positive outlook on how they finance... and manage their ongoing accounts receivable investment. Many aspects of this subject are somewhat misunderstood... so welcome to our ' gabfest ' on this area of business financing.

It's commonly accepted that a positive cash flow in a business is king (or queen). The ability of your firm to on an ongoing basis acquire and pay for assets, meet payrolls, and bring down outstanding debt levels is of prime focus to your company.

While there is a fairly big distinction between running your business day to day versus growing your company on a long term basis different types of financing are required for each of those two categories of a company's maturity. While happiness means different things to business owners clearly most would agree that happiness factor in owning or running a business can be measured by positive cash flow.

Of course your company could adopt a ' not for profit '
and negative cash flow stance but that will only lead to insolvency, highlighting the importance of running and financing your business properly.

Cash flow is such a broad term in business it has the ability to be misunderstood fairly often. Financial analysts/textbooks define it as ' net income plus depreciation’. By the way depending on the amount of depreciation of your assets company losing money or trending downward can actually have positive cash flow - however we don't recommend that as a strategy!

A great business mystery
to many owners is why ' paper profits' look great but a daily cash flow crisis occurs... daily! Often the reason? Your investment in accounts receivable! The ' cash poor ' feeling relates to the payment habits and ability of your clients, and the ability to manage that process/function. And if your company is cash flow intensive that requires funds to be spent on inventories, equipment, etc.

How then do owners/ financial mgrs finance their A/R investment? Solutions include:

Bank credit lines

Accounts Receivable non bank financing solutions such as factoring - Our recommended solution in this area is CONFIDENTIAL RECEIVABLE FINANCING , allowing you to bill , collect and finance your A/R investment without notification to any clients, suppliers, etc

Asset based non bank business lines of credit, allowing you to create a business line of credit facility based on any combination of A/R, inventory, and even owned equipment

The goal in these solutions - generate more, or at least as much! business cash flow as you are spending.

Looking for a clue as to whether you are winning, or losing this battle ? Take a good look at your cash flow statement provided by your accountants. Page 3 is the cash flow statement - focus on cash flow from operations. If that number is negative you should be addressing a fix.

That's our ' gabfest ' on the importance of accounts receivable and cash flow financing. If you're looking for financing solutions and tools to your business 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 needs.



Stan Prokop
- founder of 7 Park Avenue Financial

http://www.7parkavenuefinancial.com


Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.
Info & Contact Details :


7 PARK AVENUE FINANCIAL = CANADIAN ACCOUNTS RECEIVABLE CASH FLOW FINANCING EXPERTISE



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 '





ABOUT THE AUTHOR

Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.











Thursday, October 29, 2015

Business Debt Financing : What’s Going On With Your Company Cash Flow Needs?













Time To Outsource Your Thinking On Business Debt Financing And Company Cash Flow Needs





OVERVIEW – Information on business debt financing in Canada. Company cash flow finance solutions come from various sources and have various positive and negative implications







Business debt financing
sometimes requires a fresh look by owners/financial mgrs. In effect we’re asking if you're ready to ' outsource' your thinking when it comes to company cash flow finance, especially when your current strategy isn't working. Let's dig in.

If financing a business isn't one of the largest challenges entrepreneurs/owners face it's certainly right up there in priority.

When it comes to taking on additional debt in the there are some key words to live by. Those words:

Ensure you have matched the term of any loans to the timing of your needs

Be cognizant of the interest rate options and costs

Ensure you understand who offers solutions for your business finance needs - It might be time to ... outsource your thinking in this area!

Stay on top of your financial performance



All 'debt ' doesn’t necessarily add obligations to the ' liability' section of your balance sheet. Take receivable financing/factoring for example. It simply collateralizes your receivables and provides an ongoing amount of cash flow. It's a business credit line with no ceiling provided your sales are growing and your collections are turning over. It's all about those days sales outstanding.

Why does asset monetization in the form of A/R financing and inventory finance continue to grow as an alternative to the bank solution in Canada. The key reason is that it provides a fast and efficient solution to ongoing cash requirements. Another reason is the ability for new or smaller growing companies to access cash flow for sales in Canada, as well as taking on larger contracts or orders in the U.S. or even overseas. (Outside North America will often require some form of credit insurance on your sales/receivables)

A/R Finance isn't always the ' holy grail '
for owners/finance mgrs. The reason for that specifically is that this form of finance requires solid decent gross margins that can handle the additional finance costs. One way to alleviate that substantially is to continually focus on good receivable collection performance.

Company cash flow finance via A/R factoring is successful when you adhere to the following advice:

Understand your collection cycle, especially if you have slow paying clients

Realize that traditional finance often is unable to handle rapid growth

Understand the A/R Finance price model - what you are paying for - keep an eye on those gross margins which should be at least in the 20% range in general

Realize that alternative finance solutions such as AR Financing are often short and intermediate solutions, typically lasting a year or two


If you're willing to ' outsource ' your thinking on both traditional and alternative finance 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 with your business finance needs.



Stan Prokop
- founder of 7 Park Avenue Financial

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.
Info & Contact Details :


7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCE EXPERTISE




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 '









ABOUT THE AUTHOR

Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.











Wednesday, October 28, 2015

Leasing Company - Your Best Choice For Business Equipment Finance: Business Leasing Makes Sense!













Information on business equipment finance and business leasing in Canada. How the right choice of a leasing company can provide you with a great number of financial benefits and flexibility






Common sense financing, fast approvals and flexibility that makes perfect sense for your firm - that's why when you want to lease business equipment a leasing company is your best choice for business leasing financing.

If we were to ask you to name ten quick benefits of any type of business financing in Canada we quite frankly cant imagine  you would name any other type of finance other then leasing. Just think about it.

Ten, yes ten solid reasons to consider a leasing company for your right choice of asset finance.
Let's recap them:





technological obsolescence protection, accounting benefits, cash flow management, potential tax savings, the right to own or not own the asset at the end of the lease, convenience, ability to match the asset financing to its useful economic life, quick credit approval ( boy do we like that one!) and finally often a lower cost and cash outflow.

Whew! That was a mouthful of reasons. Let's circle back on one of those benefits, the issue of a prompt credit approval.

Canadian business financing got really challenging in the last couple years. Traditional financial institutions that funded equipment such as banks and insurance companies quite frankly simply stopped funding your business leasing needs. The leasing company you probably worked with also borrows, just in case you didn't realize it.

We keep coming back to flexibility when clients ask us about what the best choice options are in business leasing. Always remember that when you choose to finance an asset you can enter into a lease to own scenario, aka a 'capital lease ', or, continuing on our theme of flexibility, you can opt for an operating lease - which simply states your desire to use an asset, not own it. Equipment that depreciates quickly, needs to be replaced due to technology, etc, is the perfect choice for an operating lease option.

Asset financing from your business comes out of very different needs - it might be a photocopier for the office, (or computers), equipment for your shop floor, and, even a commercial jet for your corporate meetings!
(Well, we can dream, cant we?!). Our point is simply that any type of asset can be leased, and often bundled in with other ancillary services such as installation, maintenance, warranty, etc. Again, there's our flexibility again.

Do you have a personal business relationship with the hundreds of lease companies in Canada? If you do we're jealous, and you obviously have a lot of time on your hands. If you don't, speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can ensure those many benefits of business leasing can be matched with the leasing company that suits your needs.



Stan Prokop - founder of 7 Park Avenue Financial

http://www.7parkavenuefinancial.com


Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.


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 '




ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.







Article Source: http://EzineArticles.com/5623082

Tuesday, October 27, 2015

Business Cash Flow Solutions : Feeling Under Fire On Financing Sales Revenues?






Mad? Disappointed ? Here’s Your Where And How On Business Cash Flow Sales Financing

















OVERVIEW – Information on business cash flow solutions for Canadian business owners and financial mgrs. Financing sales revenues comes from the proper use and combination of debt and cash flow monetization. Here’s the where and how














Financing sales revenues
and the ability to access business cash flow solutions often leaves business owners / financial mgrs feeling disappointed and even... mad.


Feeling ' under fire '
on such a critical part of your business isn't necessary if you follow some of the following rules and guidelines. Let's dig in.

Microsoft founder Bill Gates had a rule that, unfortunately, most companies can't follow. That rule? Have enough cash in the bank to cover off one year of sales revenues. You only wish, right? So the alternative is therefore to ensure you have the right combo of debt and cash flow financing/asset monetization strategies

The challenge with any form of debt financing for your business is a combination of interest rate and the ability to access that capital. Canadian chartered banks are very focused on your current debt and capital structure when it comes to bank borrowing. Typically they look for a maximum ration of 2:1 vis a vis that debt to equity relationship, with cash flow coverage closely resembling that same ' ratio'

Business owners often also might not realize that when they access senior bank debt they are also in fact tying up ' all ' of the assets of the business. The refusal of the bank to give up collateral can put companies in the difficult solution of not being able to access other capital.

For firms with good cash flow one solution around the above mentioned problem is an unsecured' cash flow loan '. It’s in effect a ' bridge ' between your ' senior' debt and your ownership equity. This allows you to access business cash flow for both working capital, fixed assets, or even make an acquisition of a competitor.

One alternative to senior bank debt and bank revolving credit lines is the asset based line of credit. While it has a higher cost than bank interest rates it provides almost an unlimited ceiling on cash flow needs provided your firm has growing sales and good assets.

The actual sources of debt and cash flow financing are:

Owners

Government (i.e. the Govt Small Business Loan - which comes with a govt guarantee to your lender

Banks - credit lines, term loans

Commercial Finance Companies (these firms are often niche lenders and provide solutions such as A/R factoring, equipment leasing, sale leasebacks, purchase order financing)

When focusing on either a debt or cash flow solution looks for a lender that will provide some creativity around your business needs- this works best when you have up to date financials and an owner/mgmt that can provide a solid overview of the business.

Eliminate that ' mad' and ' disappointed' feeling around your business capital needs. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you on the ' where and how ' of financing sales revenues and your planned growth.


Stan Prokop - founder of 7 Park Avenue Financial

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.

Info & Contact Details :



7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS CASH FLOW FINANCING EXPERTISE




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 '









ABOUT THE AUTHOR

Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.












Monday, October 26, 2015

Business Financing Strategy Essentials: Successful Tactics For Loans & Finance Alternatives







Does Your Business Finance Strategy Include These Options?






OVERVIEW – Information on loans and finance alternatives that complement a successful business financing strategy









Loans
and other finance alternatives require specialized tactics for your firms business financing strategy to be successful. In today’s competitive business climate it's all about knowing your options. Let's dig in.

Not all business owners, particularly in the SME (small to medium size) commercial environment work with a formal business plan against which they monitor ongoing company progress. They should, but they don't. However it's still relatively simply to have a ' plan' when you understand the key elements of any business, allowing you to meet challenges head on.

Those key elements? It's all about long term planning, day to day operating activities, your marketing and products, and of course your financing and growth. Successful businesses know that it’s a combo of the day to day as well as managing your business for the future.

When it comes to a business financing strategy it’s all about knowing your options as to how you'll get there. And that's all about watching external factors such as your industry dynamics, the economy, and the dreaded ' competition'. Cash and business resources need to be thought out carefully.

A lot of times it all comes down to critical financing needs that arise out of your mistakes. That might be from issues around missing out on what’s happening in your industry, assuming things will happen when they don't, or having the wrong people and assets in place to move forward.

The business owner/ financial mgr must have a clear understanding of the current financing within the company - it's all about those financials - i.e. balance sheet, income statemement and cash flow. We cringe when we meet clients who don't know the basics- it days receivable/payable, inventory turns, and operating cash flow metrics.

What key factors often influence your immediate need for financing? They typically include relations with existing lenders, being in default on certain financing arrangements, and having too much debt, or the wrong kind of debt. In some cases firms are early stage and investing valuable capital in R&D.

So at the end of the day it’s all about:

Knowing where your financials are at today

Knowing where you want the business to be down the road

Knowing what your alternatives are


Those alternatives? They vary when it comes to type of need - i.e. working capital, cash flow, long term debt, asset acquisition, etc.

Your options? They include:

Canadian bank financing (business lines of credit / term loans

A/R financing

Inventory loans

P O / Contract financing

Asset based non bank business credit lines

SR&ED tax credit financing

Equipment Financing/Sale Leasebacks

Sales/Royalty Finance

If you're looking to successfully address your immediate or long term need for 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 in loans and other asset monetization alternatives for funding success.



Stan Prokop
- founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.

Info & Contact Details :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCING STRATEGY EXPERTISE – LOANS AND OTHER ALTERNATIVES



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 '









ABOUT THE AUTHOR

Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.












Friday, October 23, 2015

Working Capital Financing - Why Asset Based Lines of Credit Work





Information on working capital financing in Canada. Asset based credit lines are the strong alternative to business cash flow challenges





How can Canadian business owners and financial mangers secure working capital financing and cash flow financing for their business at a time when it seems that access to business financing provides significant challenges?

The answer is that a potential solid solution exists by the name of an 'asset based line of credit 'otherwise what we call a 'working capital facility'. What is this type of financing is it new to Canada, and more importantly - how does it work and what are the benefits and risks?

Although asset based lenders tend to be specialized independent finance firms many business people are surprised to find that deep in the bowels of a few Canadian bank there exists small, somewhat boutique, divisions who specialize in asset based lending. Ironically they are many times competing with their peers down the hall in more traditional commercial corporate banking.

The most active assets these firms finance tend to be ongoing receivables and inventory, but in many cases, utilizing an expert advisor or partner you can structure a facility that also includes a component of equipment and real estate.
Generally speaking a good way to think of an asset based line of credit is one that for a temporary period, typically a year or so in our experience, allows you to margin up and get higher advances on receivables and inventory. That translates into more cash flow and working capital.

One of the main attractions of an asset based lending facility (insiders call it an ABL facility) is that your firms overall credit quality doesn't play the largest role in determining if you can get approved for this type of financing. As its name suggest, financing is on your 'assets '! And doesn't really focus on debt to equity ratios, cash flow coverage, loan covenants, and outside collateral. Business owners who borrow from Canadian chartered banks on an operating or term loan basis are of course very familiar with those terms - in some ways we could call them ' restrictions '

Most lawyers and accountants will tell you that any type of business borrowing should in fact be entertained only with a respected, trusted and credible business financing advisor who can guide you through the roadblocks and pitfalls of any commercial financing arrangement. Missteps in business financing can lead to long term negative effects around such issues as being locked into a facility, giving up too much collateral, or being locked into pricing that isn't commensurate with your overall asset and credit quality.


What are the key issues you should consider when considering such a financing facility?
Primarily they are:

-Advances rates on each asset category (A/R, inventory/equipment)

- How is pricing defined (asset based lines of credit and ABL lending is general is more generous in overall facility size, but you should ensure you are only paying for what you use

- Contractual obligation - in a perfect world (we know its not!) you should be focusing on the ability to pay out at any time, or at a minimum with some form of nominal breakage fee

- Ensure that the asset based lending facility, which generally costs more, will allow to you remain or focus on profitability; we spend a significant amount of time with clients on how that can defer the additional costs of Abl facilities by several different strategies

So whats the bottom line. As always it's simple - consider asset based lending and an ABL facility as a solid alternative for financing your business. Work with a trusted, credible and experienced Canadian business Financing Advisor with a track record of success as sometimes this type of financing is generally either misunderstood or not too well known in Canada. Be selective in structuring your facility around issues that work best for your firm re benefits derived.That's solid business financing sense.


Stan Prokop
- founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.


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 '








ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.











Article Source: http://EzineArticles.com/4458555