Get Rid Of Your Cash Flow Challenge Once and for all !
What is the best small business working capital loan for my business ? We get that question a lot and many smaller and even medium sized firms look for solutions to their cash flow challenge ?
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Unfortunately the reality is that many smaller firms don't have the financing alternatives of the big guys. Many firms who sell on credit use the concept of either bank lines of credit or alternative forms of financing such as A/R factoring. These enhance balance sheet and cash flow liquidity .
These are a bit more sophisticated forms of financing, not totally out of reach for everyone, but in some cases not the sort of finance that a firm might need. Ask any business owner and you'll here it's an effort to get a bank credit line, let alone increase it.
Enter short term working capital loans, which have become hugely popular. They convert sales into working capital . albeit at a higher cost than banks . It's simply a form of using your sales revenue as cash based on historical sales. They are typically short term loans with a year duration, and have very flexible repayment arrangements based on an analysis of your cash coming in.
As we have noted smaller firms aren't typically able to enter into long term loan arrangements - they have lower costs but come with stringent credit criteria.
If used on a regular basis the process generates ongoing working capital and relieves the day to day stress of managing cash. In some cases we can make the case that smaller firms have more flexibility in setting up short term working capital facilities. The facility can be used on a one time basis, or periodically - perhaps covering seasonality of cash in your business.
This type of loan can be set up in a very short period of time at at extremely low or no set up cost.
The Best Reason To Utilize A Short Term Business Working Capital Loan ?
Simply that business cash and liquidity are top of mind for every owner or business manager . Seek a
trusted, credible and experienced Canadian business financing advisor with a track record of success to assist you in this solid method of cash flow financing your small or medium sized business. You’ll be cash flow positive within a week !
7 Park Avenue Financial :
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Click Here For 7 PARK AVENUE FINANCIAL website !
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 .
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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