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.



Thursday, April 30, 2020

Business Financing Canada : Step Inside The World Of Business Financing Options















Information On How To Get A Business Loan in Canada


Business Financing Canada





Business financing opportunities and solutions don't always provide owners & financial mgrs with the capital they are looking for. We're stepping inside the world of company loans and business financing options with the focus on ... getting what you need and want! Let’s dig in.
The most sought after funding solutions for business funding are often traditional Canadian chartered bank solutions. Many 'SME's' ( small and medium enterprise ' firms often require some form of term debt, aka ' loans' to help set up early needs in investment requirements.
But wait! There's a challenge, which should come as no surprise to most entrepreneurs, which is that Canadian banking cannot always fill the bill when it comes to those immediate needs. Help is required! The reason? Bank financing is often best suited for firms that are later in their growth cycle. Companies that have dynamic needs and who are fast growing present more of a risk to the banking sector.


That's, therefore, the ' gap ' we often are talking about with our clients - the ability to find loans and cash flow solutions from a business lender that can fill your growth needs during times where cash flow and profits might be a bit more erratic. In some cases, it's simply the need to seize the ability to take on a large contract or fulfill and order. That's even more pronounced when it comes to firms that are pure start ups, or service and tech type firms that might have services to offer instead of products.


The irony that's not lost on most business folks is that it's the SME sector that in fact drives the economy when it comes to employment and economic growth, so how to finance a business with the right information and resources  becomes an even more critical factor in the Canadian economic landscape

Business Financing Options - Financing A Business In Canada


So, we've discussed the problem. How about the solution? Many forms of innovative funding can be found in numerous alternative financing solutions available to Canadian businesses. These include:


A/R Financing/Factoring/Confidential Receivable Financing

Inventory Loans

Floor Planning Facilities

Working Capital Term Loans

Government Loan For Small Business  -  At 7 Park Avenue Financial we are often asked ' how to get a business loan from the government ' - This is the best option for start ups and small business loans in Canada - This business loan is often called the ' SBL Loan'. This is almost the only financing program that finances leasehold improvements. The ' bdc loan ' is also a quasi-government loan that can provide working capital and cash term loans and equipment financing for your business - This is not a Canadian grant for small business - it is a flexible term loan with competitive interest rates that rival what larger firms are eligible for

Sr&ed Tax Credit Bridge Loans

Equipment Financing/ Sale Leasebacks

Non bank asset based revolving lines of credit



When it comes to small business financing these solutions can be used to grow your business, acquire a business, or change their overall capital structure, often giving you the ability to de-emphasize ' debt ' with more of a focus on cash flow financing. Business loan rates in Canada vary depending on overall credit quality, size of the transaction, type of lender, and industry profile.


If you're ready to step inside the world of Canadian business finance options available to your firm seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business financing success who can help you ' get what you want '!





7 Park Avenue Financial :

South Sheridan Executive Centre
2910 South Sheridan Way
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.





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