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Cash Flow Solutions For Businesses In Canada
Cash flow solutions in Canada often revolve around effective working capital management - It is nice to know there is help and assistance in funding your company. In effect, someone has got your back!
We only need to read the GLOBE & MAIL or NATIONAL POST to learn why some businesses fail, or stop growing. In many cases inexperienced management is a major cause , but often poorly timed working capital management and financial solutions are a true close second!
So how can business owners and their financial managers create a roadmap to business financing success? In many cases solutions exist that you did not even know you have!
In current times both traditional as well as alternative financial solutions exist to your business capital needs. And while many business people might not comprehend the meaning of ' alternative ' business finance solutions we at 7 Park Avenue Financial can assure our clients these solutions are not as ' esoteric' as you might think. A large portion of Canadian companies use these solutions every day - both large firms and small who are looking for SME COMMERCIAL FINANCE answers to cash flow and debt finance.
Commercial lenders who are in the ' alternative finance ' area are simply not as regulated as our banks who must, of course, maintain very stringent lending based on their fiduciary responsibility to their depositors. They have the solutions you just might need to run, and grow your business.
What does it take to get the proper business financing you need. Whether it is a Canadian chartered bank or and alternative finance commercial lender you need a story and proper financial statements that often can be complemented with a good business plan or executive summary.
Naturally, every business in Canada is located at different spots along what we at 7 Park Avenue Financial call the ' maturity spectrum'. Naturally larger more established firms have access to more financing from investors, both public and private, capital pools, venture capital, etc.
The reality is though is that for the majority of firms its the management and financing of their assets and growth that is the crux of cash flow solutions, and without this management of working capital during the sales and growth of sales period that make allows the Canadian business owner to make the transition from a dream to reality when it comes to business success.
We don't, and can't, blame clients we talk to for thinking there is not a lot of financing options available in Canada for them - it certainly can feel that way on occasion. The reality though is that the lending of business finance funds is, in fact, the backbone of business in Canada. Borrowing and investing, in fact, make Canadian business.
The 6 Alternatives For Financing Your Business In Canada
- You fund it yourself
- You borrow funds
- You sell assets
- You finance internally through growth and management of assets
- You are given funding, via grants, etc,
- Raise equity/sell ownership stake
Our focus is really # 2; borrowing funds... actually monetizing assets. Those solutions as we said, are more plentiful than you think.
Business Finance Solutions
Receivable financing
Equipment leasing
Working capital term loans
Asset based lines of credit
Tax credit monetization
Securitization of sales / Purchase Order Financing
Someone in fact does have your back in Canadian business cash flow solutions - that person just might be a trusted and experienced Canadian business financing advisor with a track record of business finance success.
Consider reviewing the above mentioned solutions in the context of both surviving and growing your business in Canada.
7 Park Avenue Financial :
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
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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