Asset Based Finance Solutions In Canada: Financing Via Business Loans That Make Sense !

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Business Finance Challenges ? Now What ? Asset Based Finance Comes To The Rescue

OVERVIEW – Information on asset based finance solutions in the Canadian financing landscape. Do these business loans make search for your company ?

Asset based finance has the ability to remove many of the challenges faced by business owners and financial mgrs in Canada. Let's dig in.

Most top experts in Canadian business financing consider asset based lending a different form of funding your company - the other end of the spectrum being traditional bank financing. How is it different? Simply because the entire focus is pretty well on specific assets that essentially give you big time borrowing power against 4 asset categories , either one of those or in combination.

The asset categories?

A/R
Inventory
Fixed assets/equipt
Real estate

Depending on what business and industry your firm is in you're either top heavy in one or more of those categories, or perhaps not at all.

What then is the key benefit to asset based finance business loans and financing solutions? To put it simply:

FASTER ACCESS TO CASH!

Traditional financing forces you to address key issues such as what your balance sheet looks like, as well as focusing on historical, present and future cash flow/projections. Your company may not necessarily have what it takes there, or in some cases you're newer in business or even a start up.

A lot of companies that utilize asset based ' ABL ' lending solutions in Canada have a lot of seasonality or ' bulges' in their business cash flow needs. The ability to therefore rely on your ongoing asset base really helps smooth out those bulges!

While personal guarantees are almost always an issue for the business owner we can say that this type of guarantee, considered ' valuable ' or a ' must ' in banking circles has much smaller, or no emphasis in asset based lending . Additionally true asset based finance deals are pure asset monetization.

1. They bring no term debt to the balance sheet
2. There is no equity give up

We do need to mention though that while some consider ABL cash flow solutions as their ' holy grail ' in business cash flow financing you must be able to properly report on assets or be willing to go thru some form of appraisal process when it comes to adding inventories, fixed assets, or real estate to your credit line borrowing mix . From the commercial non bank lenders perspective they are relying heavily on the true marketability of your company asset base

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 cash flow and funding needs.


Stan Prokop - founder of 7 Park Avenue Financial –
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 :
http://www.7parkavenuefinancial.com


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 '

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.


Stan Prokop

Business Financing In Canada. Tracking The Success & Rise of Asset Finance And Other Types Of Fintech Loans

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Looking For Some Hot Tips On Canadian SME Commercial Finance Options ?

Beefing Up Your Co Business Financing Solutions Availability

OVERVIEW – Information on business financing in Canada. Traditional bank financing can’t always supply the capital needed . Asset finance and other ‘ fintech ‘ loans provide the capital for growing businesses

Business financing challenges in Canada require the owner/financial mgr to be constantly on the alert for finance and funding options that ' beef up ' your firms ability to successfully run and grow the company. Let's dig in.

Asset finance options are a common tool to get your funding and capital going. Why? Simply because in times gone by companies in the SME sector didn’t necessarily, because mainly of their size, have the options available to them that they do today.

That's the essence of the current ' fintech' revolution in Canada - allowing many commercial finance firms to be the bank alternative. We never fail to mention though that if your firm does qualify for bank financing the current environment provides a lot of capital at low rates with maximum flexibility.

There are of course equity, or quasi equity related forms of financing, but we're often the first to point out that they are for the smallest per cent age of businesses in Canada. Those options, should you wish to check them out include convertible debt, securitization, Crowd funding, Peer to Peer funding, angel investments, private equity, etc.

The key take away here is that in some limited cases a capital equity injection might make sense. Most often they don't though as many firm can't demonstrate the earning power, market position, and financial reporting consistency that is required in these forms of funding.

Although many business people are against the concept of govt intervention in business we're also the first to say ' feel free to intervene' when it comes to 2 great Govt financing programs in Canada. The CSBFL program provides govt guaranteed loans up to $ 1,000,000.00 if your firm requires financing for new assets of equipment leasehold improvements.

Additionally the Canadian SR&ED program refunds billions annually to thousands of firms who apply to recapture their R&D capital investment. Key Point: SR&ED refundable tax credits can also be financed while you're waiting for your refund.

We often ' preach ' to clients the importance of understanding the specific stages of your life cycle in your company , and understanding the risk and opportunities that come from more leverage via a business loan .

Where did all these somewhat newer financing alternatives come from? We're talking about:

A/R Financing / Confidential Receivable Factoring

Inventory Loans

Franchise Loans

Tax Credit Financing

Asset based non bank lines of credit

PO Financing

Royalty financing

Sale leasebacks

Working capital term loans

Merchant cash advance loans

The answer seems to always come back to the 2008 global financial crisis and the fact that many banks and insurance companies who traditionally funded businesses simply withdrew from many business finance market segments. Enter the Fintech revolution!

Traditional bank lending and loan criteria pose a problem to many firms because they can't satisfy some or all of the banks criteria. High growth firms, ironically, are often punished by bank lending criteria as profits and cash flow targets are tougher to pin down.

If you're focused on addressing the business financing options you have available today and in the future seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and debt needs.



Stan Prokop - founder of 7 Park Avenue Financial –
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 :
http://www.7parkavenuefinancial.com




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 '

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.


Stan Prokop

Business Loans In Canada : In Pursuit of Financing Solutions Via Alternative Finance & Traditional Funding For Your Company

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Has Business Financing Gotten Good Again ?

OVERVIEW –   Information on business loans in Canada. Whether your company chooses a wide array of alternative finance solutions of traditional bank financing the Canadian Business  Financing landscape offers more variety than ever

Business loans just may have gotten good again?  The pursuit of funding and cash flow solutions for your business often seems like an eternal challenge. Let's dig in.

Since 2008 there's been a lot of change in finance options for Canadian business owners and financial mgrs.  Depending on your firms circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options.

How then do we create our road map for external financing techniques and solutions?  A simpler way to look at it is to categorize these different financing options under:

Debt /  Term Loans

Asset Based Financing

Alternative Hybrid type solutions

Many top experts maintain that the alternative financing solutions currently available to your firm in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding.

If there is one major trend that's ' sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via  assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those  3 elements drive bank financing approval in large measure )  is the key to success in ABL ( Asset Based Lending ) .

Factoring, aka ' Receivable Finance ' is the other huge driver in trade finance in Canada. In some cases it's the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ' online finance ' also can't be diminished. Whether it's accessing ' crowdfunding' or sourcing working capital term loans the technological pace continues at what seems a feverish pace.

Business owners/financial mgrs often find their company at a ' turning point ' in their history - that time when financing is needed or opportunities and risks can't be taken.  While putting , or getting new equity in the business is often impossible the reality is that the majority of businesses with SME commercial finance needs aren't, shall we say, ' suited' to this type of funding and capital raising.

We're also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the Govt Small Business Loan (maximum availability =$ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sr ed credits can also be financed once they are filed.

If you're looking to get the right balance of liquidity and risk coupled with flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your funding needs.




Stan Prokop - founder of 7 Park Avenue Financial –
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 :   
http://www.7parkavenuefinancial.com

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 '

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.

Stan Prokop