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We've ' Weeded 'Out Alternatives When It Comes to Cannabis Business Financing
Information On Asset & Cash Flow Financing for Commercial Cannabis Firms
Marijuana business financing has achieved great strides when it comes to equity raises . Pretty well no one can dispute the cash and capital on Canadian stock exchanges. But let's not forget 2 things:
1. Equity is expensive
2. Equity is challenging to raise and not for all firms
So the good news ? Simply that debt and cash flow financing are now significantly more accessible than they were a year or two ago .
So the appeal of cash and capital to finance sales growth, receivables, equipment and real estate while not diluting owner equity is very attractive to many participants who are searching for lenders for medical cannabis companies as well as legal recreational sales in consumer and commercial market segments.
Cannabis firms that require key assets such as inventory , software, and specialized equipment are often unable to quality for tier one traditional financing .
So some more good news?? Many alternative finance firms are now in a position to offer key financing requirements . Solutions include:
Equipment financing ( Cannabis firms need assets to operate production facilities )
A/R Finance
Purchase Order Financing
Real estate loans
Royalty Financing
Merchant Advance Working Capital Loans for Retailers
Non bank asset bases lines of credit
So equity is certainly not always the way to solve Cannabis industry financing requirements
Many market participants in fact are prime candidates for debt and cash flow financing as they have revenues , are in a growth industry , and have little current traditional senior debt .
Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your business finance needs.
7 Park Avenue Financial :
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Direct Line = 416 319 5769
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.
Stan Prokop
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