Wednesday, November 29, 2017

Purchase Order and Inventory Financing in Canada














How To Be Successful In Purchase Order & Inventory Financing In Canada


Information on how and why inventory and purchase order financing works in Canada . These alternative finance solutions  finance sales opportunities




Canadian business owners and financial mangers are often challenged by the need to finance either, individually, or both, inventory and purchase orders for major new customers, contracts, etc. Is this type of financing available in Canada and how does it work?

With grown and revenue prospects come challenges. A large part of that challenge is simply the need to access cash flow and working capital now to facilitate those new orders and large contracts with either new or existing customers.



Clients we talk to normally have a very typical challenge – they have a large, sometimes huge! New sales opportunity. That opportunity requires an abnormal build up in inventory via those new contracts and purchase orders.



It is logical for every Canadian business owner and financial manager to initially survey their existing financing arrangements and determine if those financing arrangements either meet the needs of the new orders, or if additional financing is required. If you company is relatively new, or sometimes even at the start up stage that type of traditional Canadian chartered bank financing will be very difficult to achieve .



Naturally the other resources that could pull you’re financing together in this area and personal and outside resources, which most entrepreneurs either have reluctance for, or in some cases find it difficult to access and complete funding via that mechanism. The worst thing any business owner wants to do is of coruse to decline those purchase orders or contracts.



Purchase order financing, or alternatively, inventory financing, is a solid mechanism whereby you can access funds needed for your P.O. fulfillment. Depending on how you structure your transaction the P. O. financier may cobble together an assortment of receivable and inventory and equipment collateral in order to assist you in fulfilling your orders. In some cases, especially when it is demanded by your customer, the P.O. Finance firm can even issue a letter of credit on your behalf.



Purchase order and inventory financing can be applicable for all size of firms; however clients we meet with are either in start up mode, have had some financial challenges, and area unable to access what we would term as traditional working capital.



It should be stated of course that the actual purchase orders and inventory requirements that are being financing must come from reliable firms, either here in Canada or elsewhere. Their general reputation and stability must be able to be confirmed. That is of course done through areas such as public records, commercial credit reports, etc. In some cases our clients providing you with the purchase order might be a large well known public entity – all the better of course.



The benefit of purchase order financing is that it places emphasis on the overall quality of the deal, and your ability to fulfill the contract. Unlike traditional financing your balance sheet and income statement, with all those banker ratios, covenants, etc do not necessarily come into play in this type of financing. For that reason purchase order and inventory financing is a ‘boutique ‘‘specialized ‘type of financing that is more expensive than traditional financing. Business owners can significantly offset that expense by ensuring they have good gross margins on the transactions.



Manufacturers, wholesalers, and distributors are probably the best candidates for purchase order financing. When you meet with a credible, experienced and trustworthy advisor in this area that initial focus is simply document ting the transaction, i.e. info on your firm, the transaction, and the standard application and due diligence that comes along with any type of business financing in Canada .

Your firm should investigate purchase order and inventory financing if you feel you are a strong candidate for this type of financing based on your inability to access traditional financing to meet your sales goals. Work with an experienced partner, ensure you understand the application and diligence process, and you should then be able to successfully capitalize on this great alternative financing strategy.


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



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 100 Million $ of financing for Canadian corporations .


' 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.










Tuesday, November 28, 2017

Receivable Factoring : Three Things You Didn’t Know About A/R Factoring Services










Secret's Of A/R Alternative Finance




Information on receivable factoring in Canada. Knowing how this business financing works , what it costs, and it's key benefits are critical to understanding this valuable alternative financing tool





Canadian business owners are demanding more information on receivable factoring and how factoring services can help their working capital and cash flow needs. When we talk to clients we talk about several myths and misconceptions about factoring in Canada .Let explore some of those myths, misconceptions and mis understandings.

Factoring is pledging your receivables - (Wrong!)

Factoring is expensive (We will let you decide!)

Canadian factoring services are the same as in the U.S.( Not necessarily)



1.Factoring is pledging your receivables - This is a popular misconception around receivable financing. Some of the misconceptions revolve around the fact that various terminologies are used to describe factoring – these include invoice discounting, receivable financing, etc. The reality is that factoring is the sale of your receivables for immediate cash. In effect your company sells its receivables and your firm gets immediate, almost same day, (often same day) working capital and cash flow for your business.

The factor firm benefits as they make an immediate profit on the purchase of that receivable. We should point out that customers in Canada can sell one receivable or all their receivable; they have that option and often don’t necessarily know that. The transaction becomes extremely favorable to the factor firm based on the amount of holdback you negotiate on your transaction. Many factor firms hold back up to 20% of the receivable and don’t give those funds back to you until your customer pays.


2.Factoring is Expensive: This is clearly at the top of the list of every discussion we have with customers around factoring. The reality is that customers view the cost of factoring as an interest rate, while the industry itself views it as a discount on the sale of the receivable. Discount rates in Canada vary from 9% per annum to 2-3% per month. So yes, if you as a business owner view the factors ‘ charge ‘ as a finance interest rate you will perceive it as expensive . What Canadian business owners don’t do is to reflect how much it actually costs them to carry receivables for 30, and sometime 90 days.

And, get ready for this – they also many times don’t realize they can use the immediate same day cash they get for their receivables to take prompt payment discounts with their suppliers, and, furthermore to negotiate better pricing and larger purchases with valued suppliers . We have know some customers do totally 100% eliminate the entire cost of factoring by buying smarter and better and paying suppliers on a 2% 10 day scenario. That is true cash flow power!



3. Factoring came to Canada from the U.S. and Europe. It was very slow to catch on and is catching on very quickly these days, aided of course by the overall global credit crunch of 2008 and 2009 – We are still in that crunch of course and business financing is still difficult to achieve for small and medium sized business in Canada. Factor firms in Canada vary in size, and many are simply branches of foreign operations.

We believe a Canadian factor firm who understands the needs of Canadian business is best suited to your needs. Each factor firm has a different way of doing business, has a daily paper flow that differs often substantially, and prices their rates and holdbacks (remember the holdback!) in a different manner.


Speak to a trusted, credible and experienced financing advisor who will ensure you working capital and cash flow needs will be met by such a facility. Use the facility wisely to grow profits and cash flow.



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


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 100 Million $ of financing for Canadian corporations .



' 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, November 27, 2017

SR&ED Financing In Canada : Cash Flowing Your Sr&ed Claim






















How To Avoid Waiting For Your SR&ED Refund : Finance It With A Sr&ed Financing Bridge Loan



Information on sr&ed financing in Canada. Cash Flowing Your Sr&ed Claim expedite the return of your r&d capital investment



The only thing worse , we think than not knowing about Canada’s SR ED grant program is probably the fact that Canadian business owners and financial manager don’t know that their claims can be financed immediately to access cash flow and working capital now .

Yes, SR ED claims in Canada can be financed. Clients are always asking us how these claims are financed, what amount can they receive, and how can a SR ED claim be financed when it fact it could be challenged by a SR ED reviewer. Let’s cover off some of those issues.

First of all your Sr Ed claim is generally financeable a 70% loan to value. That technical jargon of course for simply meaning that if you can receive, as an interim cash flow and working capital loan approximately 70 cents on the dollar now for your claim. You of course are fully entitled to the other 30% - we are simply saying that portion is not financed – It essentially works as a buffer for any reduction in the claim by Ottawa. Those reductions in your claim might be a simply temporary clarification that is needed by CRA in Ottawa to approve that claim in its entirety.



Clients ask us if there is a sure fire way of allowing their claim to be approved in full. Probably the best answer we can provide is simply to say that by working with a good SR ED claim preparation consultant you are of course ensured more integrity in your claim. Your accounts can in fact submit a claim on your behalf, but we caution Canadian business owners and financial managers to ensure that they have a solid understanding of their accountant’s specialization in this very boutique area of accounting and business.



Quite often if a claim is temporarily clawed back and credible and experienced SR ED advisor can submit additional proper back up on your behalf to help ensure FULL approval of the claim!



All Sr Ed claims can be financed – however it is a bit easier to obtain full financing of your claim if you have successfully filed in the past. That’s just simple logic which indicates that your firm has a higher ability of being approved. However the bottom line is that a first time SR ED claim can be financed - if properly documented and prepared it is fully eligible for the 70% loan to value – in some cases the first time claim might be financed at a lower loan to value ratio . The bottom line, cash flow and working capital are still accessible for that claim!



The total advantage of financing your SR ED claim is very simple. You have the choice of waiting for your cheque from Ottawa. (That might also involve delays in the final adjudication of the technical aspects of your claim). Alternatively, you can access cash flow and working capital now for your Sr Ed claim.



The process for financing your claim is simple. We strongly recommend you work with a trusted, credible, and experienced financing advisor. The overall process simply involves a standard business financing application, proper documentation of your claim and its filing, and then standard legal doc’s surrounding collateralization of the claim being financed.



In summary, if you are filing SR ED claims take advantage of financing those claims. Cash and working capital are available now. Monetize your claim and use that cash flow to further increase your sales and reduce business liabilities. That is a solid financial strategy!





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


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 100 Million $ of financing for Canadian corporations .


' 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.











Sunday, November 26, 2017

Working Capital Factoring – Invoice Factoring Canada









Cash Flow Financing For Your Business Should Not Be ' Lost Hope ' : Alternative Finance To The Rescue





Information on working capital factoring in Canada . Understanding the benefits of alternative finance solutions such as factoring and asset based lines of credit is key to cash flow success when traditional bank financing is not available



Working Capital via factoring continues to be a viable solution for Canadian business owners and financial managers. The process at first glance is quite simple – your firm ‘sells’ its invoices to generate immediate same day cash for those invoice assets.


Clients ask us how this is different from a bank operating line of credit based on receivables. Simply speaking the difference is simply the method in which the asset – the receivables, is secured. In a Canadian chartered banking type arrangement your receivables are ‘assigned ‘, not ‘sold’ to the bank. The bank holds that assignment as a security for their advances on your receivables – they do not call the security unless your firm defaults on its obligations with the bank.


For those firms that can achieve bank operating line of credit financing in Canada that solution is absolutely the most cost effective – yet in many instances Canadian firms cannot achieve the amount of credit they need because the receivables financing is closely tied to your balance sheet and income statement from a credit perspective .


The majority of factoring ( also known as invoice discounting ) in Canada is done on a recourse basis, which simply means that although you get immediate cash for your receivables you are still responsible for any bad debts relative to your customer base .


In Canada most of factoring is done via a U.S. based model of doing business, which has the factor firm essentially verifying and collecting those invoices from your customers. We advise our clients on an alternative method, known as non notification factoring. This type of facility, which we term as a working capital facility, allows you to bill and collect your own receivables and avoid some of the negative stigma that Canadian business owners attach to factoring.


Factoring should most often be considered when your business is growing quickly or has large orders from generally credit worthy customers. Your ability to turn your receivables over more quickly will lead to more sales and greater profits. The cost of factoring is significantly higher than bank financing, but your ability to make use of the cash flow to buy smarter, take advantage of discounts, and purchase and resell more inventory faster significantly offsets a very large part of the cost of factoring in Canada, which can range anywhere from 1-3% on a monthly basis . We caution clients to view this cost as an operating expense as opposed to a financing or interest charge, which allow them to much better rationalize moving to this type of working capital facility.


In summary, factoring is an alternative to bank receivables financing. The facility, when properly set up, allows you to immediately monetize a large asset, your receivables. The best type of facility in Canada, in our opinion, is the non-notification type facility, allowing you to cash flow your receivables similar to a banking arrangement. When properly utilized the facility can help you grow and profit from faster working capital turnover.


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

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 100 Million $ of financing for Canadian corporations .



' 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, November 24, 2017

Asset Leasing – What You Need to Know for Leasing Financing In Canada

















Critical Factors Around Asset Leasing and Lease Financing Benefits And Risks in Canada


Information on asset leasing and leasing financing in Canada . The ability to finance assets properly is key to long term business success






Canadian business owners and financial managers rely on asset finance and leasing as a key part of their overall business financing strategy. But what do you need to know properly access this type of financing and where do you source the financing? Those are the key questions we’ll discuss.


Canadian independent leasing companies provide hundreds of millions of dollars of business, asset, and equipment financing for business in Canada. They are a strong alternative to bank financing because they are very focused on their product and service delivery, and in many cases will always go the extra mile to ensure you have received a transaction that has the proper rate, term and structure. Because of the perceived, or real?

Complexity in asset financing us strong recommend to clients that you work with a trusted, credible and experienced advisor in this area. Your ability to even generate one major benefit on the transaction could save you thousands of dollars depending on your overall deal size. It is important to understand that these firms only finance the assets, they do not service them, and unless they are a captive finance firm , ( i.e. owned by a manufacturer) it is of course up to you to negotiate the sources and pricing of your acquisitions .


The key benefit of leasing finance is that the equipment you are looking for will be paid by the lessor – you receive the equipment, confirm it’s in working order, running, etc, and then you use that asst to generate hopefully profits and revenues.


One of the biggest decisions you need to make around an asset leasing scenario is simply the type of lease that you want to enter into – they are two types of leases, one is called capital lease, the other is an operating lease, and your decision should be driven around really one key question – do you want to own the asset ultimately, or do you want to simply use it and have the ability to return it at the end of the term. That latter type of lease is an operating lease – not all our clients are familiar with this type of leasing finance strategy – but it can bring significant benefits to your firm.


Other critical factors you have to focus on are the term of the lease, and special options you might be able to negotiate around payments. We spoke of the two types of leases, capital (lease to own) and operating (lease to use).


In Canada the major banks have a limited focus on lease financing. They certainly are also not able to offer operating leases, as their interest is certainly not to own assets at the end of term. Leasing finance through a bank is usually a much better overall rate to your firm, however you have to be in a position to meet the more stringent credit criteria that they require – Also it is our observation that banks that do lease financing in Canada will want to solicit all of your business financing – which may prejudice any other relationship you have in place.


So whats our bottom line – simply that asset leasing and lease financing in Canada is the proven alternative for your asset finance strategy. Speak to an expert, focus on your options, and know which type of lease makes the most sense for your firm. There is not panacea of perfect financing decisions in Canada, in fact it might make sense on occasion not to choose lease financing, but weight the advantages and disadvantages and you will be in a solid position to ensure that the proper evaluation of benefits will lead you to the right business financing decision.



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

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 100 Million $ of financing for Canadian corporations .


' 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, November 22, 2017

Canadian Lease Financing – Equipment Leasing Options Canada















Don't Ever Listen To Anyone About Leasing Equipment ... Until You've Read This



Information on Canadian lease financing and equipment finance solutions in Canada. It's important to know the lay of the land




Canadian Lease equipment financing continues to be one of the most successful means for a company to acquire assets of all types.


Unfortunately most clients we talk to are always focused on rate, which in many cases is only one small piece of the Canadian asset, based lending puzzle, and solution.

In Canada equipment of all types can be leased - that includes capital expenditure items from 5k to 50M dollars.

What should Canadian business owners focus on and seek guidance on when acquiring assets via the leasing option. We think three things are important -


- Who to lease from

- What are the key elements of a successful lease structure?

- What is required for an approval that meets your firms needs Vis a Vis rate, term, and structure.



In Canada the leasing industry is very fragmented. Like all other parts of the financial services industry the business has gone through major tumult in the last couple years, particularly the 2008-2009 global financial meltdowns.


So who are the players and why is it important to know who you are leasing with, as long as you are approved? Good question?! Let's explore the answer.


In Canada the leasing industry is self regulated via a national association called the CFLA. The companies that make up the industry are:


- Major international conglomerates and their Canadian subsidiaries

- Canadian owned private independent finance firms

- Captive finance Companies

- Independent lease originators, also known as intermediaries


So why is it important to understand who you are dealing with? Time is money, and a significant amount of time can be spent with a lessor who you think might be able to do the transaction for you, but ultimately your firm might not fit the asset and credit criteria required .


We referenced the major international conglomerates; a well known example might be GE. The reality is that these firms predominately focus on very high ticket value transactions with commensurately high credit quality criteria. We have spoken to many customers who have invested time, commitment fees, etc only to find they were in effect dealing with a firm that was unable to satisfy the size of their transaction.


Private independent lease firms in Canada tend to have niches - in the industry the term is ' credit box ‘. That simply means they only solicit a certain type of asset and credit quality - any transaction falling outside the box becomes not doable. Again, you may have totally wasted your time.


We are the first to advise clients that if they can get lease financing via a captive finance company or a vendor program via the manufacturer there is only one recommendation - ' Take the Deal!" Vendor and Captive programs are highly incented to finance assets at competitive rates and sometimes overlook the rational credit quality that is required to get a deal approved.


Recall that our final lessor category is independent finance originators, aka intermediaries - we hate the term broker by the way. The key benefit of working with a trusted, credible, and experienced advisor in lease financing in Canada is simply a time/ money scenario. You can spend hours, days, and weeks negotiating with firms who ultimately can’t do your transaction. Along the way you may have laid out commitment fees as well as having your firms financials viewed by a number of different parties with whom you may never do business .


Our experience is that people prefer to deal with experts. Why wouldn’t you want to work with an expert that can assist you in achieving the optimal rate, term, structure, etc? Simply things such as a recommendation on the type of lease you choose (capital or operating) can save you firms either thousands in interest, or have a significant effect on monthly payments. That is a solid acquisition financing strategy!






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
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 100 Million $ of financing for Canadian corporations .


' 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.