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, July 17, 2017

SR&ED Tax Credit Financing : Trending Now! Here’s Why!









Tired Of Waiting For Your SR&ED Cheque? Finance Your Refund & Access SR ED Bridge Loans




OVERVIEW – Information on sr&ed tax credit financing in Canada. The ability to finance some , or all of your sr ed refundable tax credit is key to cash flow success under the SRED program






SR&ED claim waiting isn't fun. Any firm that has an R&D capital investment wants to know their claim is approved and being processed by the federal and provincial government. But did you know that you refund can be financed... today? Let's dig in.

The process of financing your claim via a SR&ED bridge loan raises immediate capital, often much needed, for your company. Naturally proceeds of this ' bridge loan' can be used for any purposed, including of course more R&D investment - allowing your company to maintain its coveted competitive edge.

SR&ED funding is truly a ' business personalized solution' for your R&D cash flow needs. By choosing the right SR&ED consultant to prepare your claim and facilitate its filing is key to avoiding the financial repercussion that come from audits, requests for more info, etc. Don't underestimate the need for a solid preparation of your claim.

Most companies in fact have consultants prepare their claims on a contingency basis - meaning the risk of success is mostly transferred to the SRED preparer.

Each year there are some dramatic and less dramatic changes in Canada's SR&ED program. Companies that use the program are in pretty well every industry in Canada - that includes mfg, food, technology, life sciences... and on it goes.

Federal and Provincial govt seem focused on continually changing and modifying the program - focused on ensuring both the govt and your company get the right ' ROI ' from the program.

Yet through all those changes SR&ED Loan funding remains the same. In fact it's improved dramatically, allowing you to fund credits prior to filing, or setting up a SR ED credit line, etc. Funding can often happen within a couple weeks assuming full co operation and documentation around your application.

How much can you get? We're glad you asked - Typically sred loans are based on 70% of the total value of your claim.

So, tired of waiting for your SR ED refund? Finance it and use that cash flow to grow and replenish your business funding needs. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can effectively manage your SR ED loan process.






7 Park Avenue Financial




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.




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