Business Advisor Financing Solutions : 7 Reasons To Choose Proper Funding Assistance

Can A Business Advisor Be Your ‘ Undercover Agent ‘ In The Search For Financing

OVERVIEW – Information on the benefits of utilizing a business advisor for the financing and funding needs of your company for growth and operations. What characteristics should you use to formulate a choice for a finance partner








Financing via business advisor assistance might well be viewed as your version of utilizing an ' undercover agent '

for your funding needs. It's all about getting the right finance solution after exploring all those potentially previously hidden solutions. Let's explore some key reasons to utilize a third party for your company’s financial needs .Let's dig in.

1. While some owners / financial managers might consider it a potential extra cost there are some tremendous offsets. By the way there are many advisors who might actually be compensated by the funding source, so in effect that value and benefit is quite often not a direct expense. We're the first to recognize though that there is ' no free lunch ' in life!

The bottom line is that if an advisor can help your firm bring a financing solution to the table that helps your firm generates profits and survive in today’s competitive environment that should be a major consideration.

While many owners have taken to the internet ' big time ' to try and source their own financial solutions it can be a confusing scenario around who you are dealing with, what they are offering, etc . The real issue here is that many companies have a ' unique ' need that requires some level of customization to the particular challenges they are facing.

2. The danger of a 'do it yourself' type investigation should seem obvious but the risk of engaging the wrong party or getting simply wrong facts and information can only lead to potentially dangerous problems down the road .

Bottom line - it's very hard to unwind a financing that was not meant to be and simply doesnt work for your firm.

3. One key critical benefit of a true business finance specialist is the ability to meet or discuss with your firm first hand any unique challenges your firm might be facing. While many firms in any particular industry have common traits there is always some uniqueness in the way you do business. Uncovering solutions to those challenges is the true value of a business financing advisor.

4. A truly experienced funding advisor should be able to demonstrate financing knowledge and success in numerous industries and provide a unique perspective to your firm’s particular situation.

5. Because the advisor is independent he or she has the ability to remove ' bias ' from any proposed financial solution. The right specialist will also be totally up to date with what is happening in both traditional and alternative finance solutions.

6. Credentials and past success are always important, so the ability to demonstrate success with previous employers and clients is key to your firm benefiting from any solution.

7. Any type of business financing comes with benefits and potential risks. The ability to understand those and ensure the right balance is in place is key to the comfort level of the business owner/owners.

If you're looking for financing assistance in traditional or alternative solutions such as:

A/R Financing

Inventory finance

Bank term loans/credit lines

Asset based non bank lending facilities

Equipment Financing / Sale Leasebacks

Tax credit monetization (Sr&Ed and film)

Working capital term loans

PO/SUPPLY Chain finance

Sales/Royalty financing solutions


consider seeking out and experiencing the benefits of a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your needs. It's your version of the ' undercover agent ' utilized properly!






Stan Prokop - 7 Park Avenue Financial :

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 90 Million $ of financing for Canadian corporations . Info /Contact :

http://www.7parkavenuefinancial.com/business-advisor-financing-funding.html

Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:
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


' Canadian Business Financing With The Intelligent Use Of Experience '

Stan Prokop

Is A Business Advisor The Magic Bullet To Monetizing Assets And Originating Loans For Companies In Canada?

All The Business Financing You Need Today ? You’d Have It Already If You Could Do It Alone


OVERVIEW – Information on the role of the business advisor in Canada. When it comes to loans and financing options how can expert advice help your company



Business Advisor needs? That is the question faced by many business owners in Canada, as well as financial managers when it comes to financing their business through loans, asset monetization, and other strategies.

Although we say it somewhat tongue in cheek, the reality is that if you had all the financing you need you certainly would have it in place already, without any help from an ' expert '. What then is the role, value and cost of advice when it comes to growing (or saving?) your business. Is the right advisor your MAGIC BULLET? Let's dig in.

Many business owners and managers we meet intuitively have a sense of the current state of affairs of their business. They often think they know where they need to be when it comes to growth and financing needs... where things fall apart is their inability to understand which of a multitude of finance options are available. In some cases it’s a lack of knowledge, in others it just time and resources.

Enter the Canadian business financing advisor. The key role here is quickly established - identifying and carefully explaining all options, and then executing on them.

Naturally along the way, whether you are doing it yourself or with professional expertise there is a minefield of turbulence. That comes to a certain degree from the fallout of the 2008 world wide financial implosion/recession, with many Canadian business owners still believing we're not quite out of the woods on that one.

Then there are the issues with your current lenders, as well as your overall relationships with suppliers and vendors, etc.

Financing issues tend to address either your existence or survival, or alternatively growth. The role of an experienced business finance advisor is to understand what resources and assets are in place for your firm, and how they can be maximized based on the future plans of your firm.

Nothing is as important as understanding your current financial position. When you understand the current capital structure of your balance sheet, the quality and size of the assets, your operating cycle (days receivable, days payable, inventory turns) and how these assets either eat up or can be monetized into cash you are immediately ahead of the game.

Some very basic issues need to be addressed by yourself or your expert advisor. They include understanding who you are currently borrowing from, their collateral, and any issues that surround your relationship. In many cases we discuss with clients the company is ' off side ' on ratio, covenants, loan and interest payments, etc. In many cases its time to replace that financing with something else.

The good news about ' growth ' is that it's a bit more fun to address when it comes to traditional and alternative financing solutions. Understanding your gross margins and your working capital needs can 99.99% of the time bring a fix to financing growth.

Don't underestimate the needs of a trusted, credible and experienced Canadian business financing advisor when it comes to originating finances you need to operate and grow your company. After all, if you didn’t need that help, and if you understood every option available you'd be there already, right?!




Stan Prokop - founder of 7 Park Avenue Financial

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - has completed in excess of 80 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing.
Info re: Canadian business financing & contact details :


7 PARK AVENUE FINANCIAL = TRUSTED CREDIBLE AND EXPERIENCED CANADIAN BUSINESS FINANCING EXPERTISE




CONTACT:

7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Phone = 905 829 2653
Fax = 905 829 2653
Email = sprokop@7parkavenuefinancial.com
























Stan Prokop

Don’t Hire A Business Advisor / Brokers For Your M And A And Capital Loan Needs In Canada

Never, we repeat, never hire or work with a Canadian business financing advisor for your loan or m&a needs , unless of course you know everything about business financing in Canada, have unlimited credible contacts, and have the time and resources to do it yourself .

Well, we think we have hopefully made our point that there will be many times when there will be significant value in not wasting internal resources and people time when you are looking for business financing. Who would ever want to be accused of making the mistake of trying to manage and execute on all your business financing needs without any professional help. No one we know, that’s for sure.

Over time, and trust us we don’t know why, we have come to dislike the word ' broker '. In reality we confess at the same time that we see everyone uses a mortgage, insurance or other type of broker to get a qualified, credible ' best deal '. So the middleman approach clearly has value to the consumer. Does it have value to a business? We think so, and here’s why.

Whether your business is in hyper growth mode, or at the opposite end of the spectrum, in financial distress surely you welcome the concept of an expert. You could be looking to complete an m&a transaction, or looking for loan and working capital facilities. Naturally there are many routine aspects of a business that do not require expert help, but when it comes to key issues around your businesses ultimate success are you 100% confident, on your own, all the time , that you have data , information, and possibilities covered. We doubt it, and we think you do also.

In effect you're looking for a ' business doctor' if we can call it that. And that’s probably not a bad analogy given the importance you might place on going to a good doctor for serious reasons.

There are always questions you have when you are considering Canadian business financing, and a good business advisor will answer those questions based on experience, at the same time pointing out alternative you may never have thought of.

But, and its a bit but , never assume that everyone out there who tells you they can assist in business financing, loan and working capital needs, or m&a help .. Knows of what they speak. The choice of a solid advisor can make or break your success in Canadian business financing for new or refinancing capital.

So what should you look for in a good advisor? We're pretty sure it’s intuitive, but we speak to so many clients who feel either burned or let down by past experience. So focus on some key areas such as the advisor number of years in practicing what they do. Do they have solid credible contacts?

References are of course also great, and with the internet you can Google anyone in business with a reputation and determine a lot about the quality and reputation and credibility of that firm or person. Remember, you're entrusting them with your financing in a very confidential way, and that's important.

Don't settle for generalists also, focus in on someone who can deliver on the specific financing you need, in areas such as m&a, working capital, asset based financing, franchising, or more esoteric new products such as confidential invoice discounting, purchase order financing, tax credit financing, etc.

You ultimately want to feel comfortable on sharing information with this person or firm, reviewing pitfalls, and most importantly, representing your firm in its business financing needs.

So, call them anything, but call them. A Canadian business financing advisor, a loan broker or intermediary, a capital broker, etc. Focus on trust, credibility and experience, not the name. And some free help from Mr. Google isn’t a bad thing also. Utilize special or expert help when you need it, that's our recommendation.




Stan Prokop - founder of 7 Park Avenue Financial -

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 7 years - has completed in excess of 80 Million $$ of financing for Canadian corporations .Info re: Canadian business financing & contact details :

http://www.7parkavenuefinancial.com/business_advisor_m_a_capital_brokers_loan.html