Working Capital Financing & Most Effective Business Finance Solutions

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And Now For Something Completely Different - Solutions for SME Business Finance

What is Working Capital Financing ?

Working Capital Financing – Canadian business owners want to maximize the utilization of their receivables, inventory and incoming orders and contracts to leverage working capital.

The goals are very clear, grow business revenues and profit with the right combination of internal growth, borrowing from banks and others, and achieving the best blend of working capital and cash flow by leverage those current assets.

Long term debt or additional new equity is not often the business owner’s choice in arranging more working capital and cash flow for the business.

We meet with many business owners who tell us they have the opportunity to significantly increase sales. They are looking for a financial strategy to grow those profits and equity while at the same time minimizing loan interest and any other external financing costs.


When a business gets its hand on a proper working capital loan solution it has the potential to reduce or minimize debt, and increase bottom line equity or value in the business. It is all about achieving the optimal working capital ratio which quite often is industry specific as the cash conversion cycle for many industries is vastly different


Our point is simply that if your business can absorb a reduction in your gross margin – (the cost of working capital associated with receivable, inventory and PO financing) then you can avoid debt and equity scenarios and still grow your business.

Looking For An Example Of Working Capital Loan Types

It is cash flow solutions such as factoring, invoice financing, and our recommended favourite -' Confidential Receivable Financing ' that are most often associated with cash flow financing, It is important to note that inventory financing, a subset of asset based lending also can provide substantial day to day operating capital.

True asset based lending facilities that encompass the finance of inventory, receivables, equipment, and even allow borrowing power against owner real estate provide a real, shall we call it ' holistic' approach to Canadian business finance. Even purchase orders can be financed as a subset of asset based financed.

The Canadian business owner and financial manager's challenge is to grow the business and understand the cost of growing the business under various financing methods.

Clients are often surprised to learn how much their business can change by a simple analysis of their working capital financing choices.

Using factoring or inventory financing as a cash flow supercharger is many times the best strategy for working capital enhancement. Most non financial business owners do not appreciate that power that working capital turnover and are focused on repayment meaning.

There are all sorts of tools that your business can very easily use to monitor your working capital needs. One is simple - you need to monitor your working capital to sales ratio.

What Is Working Capital?

How do we calculate the working capital to sales ratio? It’s easy. Working capital is essentially your current assets minus your current liabilities. Take that number form the balance sheet and divide it by sales. If you have a low ration then your ability to generate cash flow is stronger.

The solution for Canadian business owners is to maximize the turnover of those current assets such as receivables and inventory via working capital facilities. If those facilities can’t be arranged with a bank then you have the option of working capital lines of credit and asset based lines of credit that will cover receivables, inventory and even under many circumstances bulges for new contracts and purchase orders

Working capital facilities via asset based lending business credit lines, factoring or inventory financing or purchase order financing maximizes your cash flow – they also cost more and many Canadian businesses simply focus on the cost.

But they fail to measure the cost of carrying those receivables and the cost of not turning over that inventory efficiently. These two costs alone have the ability to completely in some cases erase your cost of financing under a working capital and cash flow facility.

How does a business compute its cost of credit? The formula relates to your firm not taking credit and payment terms extended by suppliers. Your supplier gives you terms that specify a payment date the amount of the discount if you pay early, and of course the due date. The cost of NOT taking that discount is huge! Most owners don’t realize that. If your firm can negotiate better prices by utilizing working capital financing strategies such as factoring and inventory financing and purchase order financing you have just become the best comparison shopper in business!

In summary, the cost of not taking trade credit discounts is very significant when your business has the ability to take those discounts via aggressively financing your receivables and inventory. Utilize great working capital strategies, you will find that the cost of paying in full is higher than the cost of a working capital facility to cash flow those receivables and inventory!

What is The Cost Associated with Working Capital Finance Solutions?

Non bank, non regulated commercial finance companies that offer cash flow solutions in Canada have traditionally been somewhat cumbersome for the Canadian borrower and often mirror the Canadian chartered bank borrowing experience.

The banks focus on long term loans is often not what the client is looking for. That is changing rapidly with the rise of online finance/peer to peer lending. The types of working capital provided by banks often involve lengthy application processes and solutions such as long term loans. That forces the business owner to assess the difference between working capital loan vs. line of credit. Online providers utilize slick software solutions that are focused on speedy approvals, albeit at much higher costs.


We recommend utilizing a business finance expert to determine which online solution, if any, is recommended for your firm. Also, it's important to note that typically working capital provides have no geographic boundaries, and operates throughout Canada.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance experience who can assist you with loan and cash flow 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

Click Here For 7 PARK AVENUE FINANCIAL website !



7 Park Avenue Financial provides value-added financing consultation for small and medium-sized businesses in the areas of cash flow, working capital, and debt financing.



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

What Are Alternative Financing Solutions In Challenging Times

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Alternative Financing Options - Work !

Business finance funding sources for many Canadian firms often seems just out of reach for many owners/financial mgrs. Those owners and managers might even feel as if their financial challenges are somewhat impossible especially in times of industry or economic turbulence.

In some cases your business financing prospects may fee somewhat similar to the July 12 Disco Demolition Fiasco? ! (On that day a Chicago DJ organized a ' disco sucks’ protest at Chicago's Comiskey Park. The 5000 invited fans turned into a riot of 70,000 of epic proportion and damage). Unexpected events in business can wreak havoc on any company , large or small, or new !

Most business people feel that bank financing is often critical for the ultimate success of a company. Traditional Canadian chartered bank financing might not always be available though. The good news is that there is access to business finance today in numerous other forms.

These solutions tend to fill the ' growth gap ' that perceived / real credit crunches deliver to the stifling of a firm’s growth.

In some cases it is all about ' the turnaround ' , the ability to turn a business around via strategies that will benefit your company immediately and in the long term.

When you are looking to fix your company's immediate financial position it's all about the ability to both control current cash flow, as well as generate additional cash flows. The ability to control costs, generate sales, and ensure you have the capital to finance those sales is what that immediate turnaround is all about .

While ownership and mgmt might possibly be capable of addressing internal costs and sales and cash flow issues ultimately specialized expertise from a trusted, credible and experienced Canadian business financing advisor will probably generate more success.

When it comes to low cost and low risk our Canadian chartered banks deliver on the many longer-term solutions for business finance needs. Although bank requirements are pretty basic, and common sense, many firms, perhaps yours, are unable to prove or provide stability in cash flow, historical profits, and the collateral and or covenants and personal guarantees required in our Cdn banking system.

Alternative Financing Options

6 sources of business financing you may not have considered are:


Asset based lending / non bank lines of credit - These facilities combine your receivables, inventory, and even equipment and real estate if desired, into one borrowing facility and revolving line of credit


Factoring/ Confidential Receivable Finance


Sale Leaseback On Assets You Own -


Purchase Order Financing


Equipment Financing (Lease finance is often both a traditional and alternative method of acquiring and financing new assets) Almost any new or used equipment asset can be financed these days, even software, to run your business!


Start-up and early stage growth firms should well consider the Canadian govt small business guaranteed loan program, providing a govt guaranteed loan via your bank for 90% of the loan amount, which now is up to $1,000,000.00 as a loan amt cap.

We always point out to clients that various forms of equity finance could be considered; these include bonds, private capital pools, private equity, angel investors, crowdfunding, etc. However these solutions are a road less traveled and take so much time with only the smallest percentage of firms ready or succeeding in these areas. No secret also that these aforementioned ' equity ' type solutions dilute business ownership percentages, often undesirable in early-stage or growing companies.


If you're looking to feel better about business finance alternatives available to your firm seek out and speak to business finance expert with a track record of business finance success who can assist you with identifying the right mix of solution and funding/capital amount your business needs.. to grow!)



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

What is Asset Based Lending? And Why Should You Care?

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How to Get Ahead in Financing with Asset Based Lending

How does asset based lending work ? That's a typical question we get when we're meeting with clients and discussing asset based finance solutions. While some business owners may consider it a second, or alternative option the reality is that in many cases it might be your only solution to business cash flow success.

That's because in many cases traditional finance solutions might be out of reach, for a variety of reasons, for many business owners and financial managers. Therefore mgmt should well consider funding options for alternative financial providers.

What are the reasons you might be looking for a new financing solution/solutions for your company . One might be simply: Growth! Whether you are a start up or growing into faster and more sales for your established company the reality is that traditional loans have a lot of criteria in place when it comes to applying for finance . That's when it's important to properly present your revenue and cash flow plans in a proper manner.

Some asset based lending solutions revolve around assets your business already owns . Assets such as equipment, rolling stock, real estate and yes, even purchase orders can be financed through specialized alternative finance.


You are probably starting to realize now that asset based lending is more focused on the present and future, while traditional finance requires a focus on the past such as cash flow, owner credit history, etc, While these are nonetheless important they are not the primary focus of ' ABL ' ( asset based lenders ) firms.

Flexibility is the key when it comes to these ' new world' business finance solutions. They can be used to grow your business, acquire a competitor, or expand into new markets. In many cases the ABL solution will be a refinancing of your existing debt and assets.

Depending on what type of alternative finance solution you accept in many cases no new debt is incurred- therefore being cost effective in the true sense of the word. Three common sources of asset based lending are invoice financing, purchase order finance, and inventory finance. These solutions simply increase cash flow and allow your business to grow and make good sense.

Speak to a trusted, credible and experienced Canadian business financing advisor to investigate 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

4 Most Overlooked Benefits of leasing of equipment as a Business Finance Strategy

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Make lease financing work for your firm !

Information on the benefits of equipment financing and lease options for acquiring assets for your business. Any asset, including software, can be financed

Most Canadian owners and business managers wouldn’t think of always paying cash for equipment and other capital acquisition needs. They also can’t imagine, in the current economic climate, paying cash for everything. Whether you are in an industry that is highly capital intensive, or if you simply on occasion need to upgrade or purchase new equipment the leasing of equipment should be considered as an effective overall financing strategy for your company

Naturally no form of business financing in Canada could be considered perfect and met absolutely every one of your needs, but let’s examine what are considered to be normally the top four benefits of equipment leasing. Naturally you want to ensure you are dealing with the right type of lease firm and you have also carefully examined your rights and obligations under the business lease.

Anyway, benefit 1. Flexibility. The reality is that working with the right lease partner firm should provide you with the flexibility you want in your transaction. Flexibility is of course a broad term, but we are basically referring to the type of lease that works best - for your firm! Not everyone else’s. That flexibility comes in the form of low or no down payment, monthly payment structuring options ( here are possibilities abound!) , balance sheet optics around the amount of debt you can carry without getting your bank offside . Flexibility also comes in the form of the ability to return the equipment or extend the lease for a pre agreed period of time.

Benefit # 2 might well be called Cost efficient. The last thing you want to be doing is getting your firm locked into a long term lease on a depreciating asset - and the reason you lease financed the equipment in the first place is that you as a Canadian business owner and financial manager recognize that the equipment ultimately will probably have no value after its economic life is completed.

If the business world was slow moving and predicable you would never have to worry about competition, changing technology, etc- however things don’t work that way and as your needs change over time you can using equipment financing as the tool to address those needs .

Benefit 3- Tax benefits! We hate getting into long accounting and financial statement dissertations when we are lease financing info with clients, but the reality is that leasing of equipment as a business finance strategy has accounting and tax benefits re write off strategies around your payments .

Our final focused major benefit is simply Cash flow conservation. It's tough enough in today’s business environment to achieve positive working capital and cash flow for daily and long term needs. Utilizing lease financing as a tool to minimize cash outlay and reduced down payment requirements makes total sense. Choosing an off balance sheet operating lease strategy will also ensure your ratios and debt covenants stay intact.

In summary, as we stated, no overall business financing strategy works perfectly for all companies in all industries. But leasing of equipment has significant benefits that clearly outweigh other options such as purchasing for cash, entering into long term loans, etc.

Speak to a trusted, credible and experienced lease financing advisor to ensure you can take advantages of the 4 key benefits we outlined.







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

Know How To Finance A Business . Financing Choices Are About Timing And Strategy In Funding Choices

Properly Forecasting Your Business Finance Needs ?



Information on business finance solutions in Canada . Financing and funding a business is about time horizon, current and future needs , and risk

Is there a right way and a mistaken way to finance a business in Canada? We definitely think we can show you there is ... as well as pointing out those risks and benefits. And by the way, it is in fact possible to change horses in midstream to adapt to today’s changing times when it comes to financing your company.

As we have been prone to say lately the concept of ' term' is critical in both assessing and choosing the right business finance. By terms we simply mean short, intermediate and long term, as all of those have a number of different implications. And to compound the challenge for the business owner and manager both the type and ' term ' of the financing can impact the amount of funds that flow in and out of your business.

So what in fact are some of the things you need to consider when choosing a financing solution? There are a number of factors, probably all as equally important. They include cost/rates, the amount of risk you are taking with any particular form of finance, how your overall structure changes with any one particular sort of financing, and the amount of cash flow, working capital and profits that that financing will deliver... or take from your company!

It's easy sometimes to get confused on the timeframe when you're in the middle of searching for a finance decision. We meet and talk to many clients that are looking to solve an immediate problem and somehow miss considering the growth and future of their firm. A simple example might be a banking arrangement - i.e. not considering whether you can live through the tough times based on covenants, guarantees and collaterals that you have either offered up or have been demanded of you.

One of the most proactive things the business owner/manager can do is to focus on planning to be short of cash and what solutions might be available. Why? Because cash flow shortfalls always happen, for pretty well everyone!

The toughest decision many business owners have to face if giving up equity and ownership of some sort in their business because debt levels are too high or the right financing is not available.

So what are some of the short and intermediate financing solutions available - They include:

Supplier financing

Bank lines of credit

Receivable financing

Equipment leasing



Supplier financing is almost always overlooked when it comes to cash flow financing. Just negotiating better payment terms or taking supplier prompt pay discounts can save firms many thousands of dollars.

Bank financing in Canada takes many forms - when you can achieve approval. Those forms include lines of credit, term loans and fixed asset financing for long term assets.

We caution clients that the crux of the bank relationship should revolve around what you need to provide in the form of collateral, covenants, and reporting. Many Canadian business owners simply don’t know that alternative financing for their businesses can in fact be arranged outside of Canadian chartered banks. While these solutions might be more expensive they solve problems!

What financing solution suits your business? Seek out and speak to a trusted, credible and experienced Canadian business financing advisor today.

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

Alternative Finance . All That Glitters Just Might Be Gold In Canadian Financing Loans And Lending Alternatives

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Traditional or Alternative Finance ? What’s Your Poison?!



Information on accessing the right alternative finance when it comes to loans and asset based financing choices in Canada . Financing alternatives don’t have to be traditional in nature to work for your company

When it comes to ' Alternative Finance' in Canada could it be that all that glitters is in fact gold? We suppose that is just our way of saying that the Canadian business owner and financial manager could well do to appreciate loans and financing alternatives that just might do the trick... today!

We don’t think we can find too many business folks that admit that there is a whole new landscape in Canadian business, especially since the 2008 Apocalypse... aka the the global meltdown in corporate and bank finance.

That change has literally forced business / financial people to search out new alternatives and choices in financing their business. So while traditional financing became more restrictive... alternative financing became... you guessed it... more popular.

That is not to say that Canadian traditional sources, i.e. our banks, arent out there looking for new business ... they are... it's interesting for us to watch it from the outside because invariably they are simply competing with each other to take business away from each other that is already in place . That’s little consolation for start ups and high growth companies, as you can imagine.

One common criticism of Canadian traditional financing, aka banks, insurance companies, etc is that it takes time. Nothing happens quickly in these highly regulated institutions. That is where non traditional finance is viewed is simply viewed as more ' nimble '.

For the business owner and finance manager that needs quick term loans, equipment loans and business credit lines there are a number of alternative finance vehicles. If we had to summarize them we could say they were:

NON- BANK ASSET BASED LENDERS

LEASING COMPANIES

CAPTIVE FINANCE FIRMS

MEZZANINE FUNDERS

TAX CREDIT FUNDERS

RECEIVABLE AND INVENTORY FINANCIERS

SUPPLY CHAIN P.O. FINANCE FIRMS

On balance it sometimes seems to us that there are less and less people in traditional institutional financing that can make credit decisions. Or is it just that we don’t seem to have access to them on a direct basis?
Maybe that is just us. Alternative finance lenders have to understand assets and being nimble almost 100% of the time.

Financing alternatives and loans from non traditional lenders typically revolve around the balance sheet. If you have assets that can be valued and generate cash, simply speaking... they can be financed! Naturally not every asst on the balance sheet can be properly financed - good will is a good example of that. And it's also to match the right amount of alternative financing with your asset category whether it be current assets that are monetized daily for cash flow, or longer term fixed assets that require specific lease financing or bridge loan strategies.

Our bottom line today - simply that you just might be surprised as to how much real ' glitter ' is shining in alternative financing vehicles. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor to identify sources of alternative or traditional capital.

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

Confidential Cash Flow Factoring - Turn Accounts Receivable Into Your Best AR Finance Strategy

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We are going to demonstrate how a little known, and in our opinion almost a secret strategy can called confidential cash flow factoring can turn your accounts receivable into a virtual cash flow machine, turning past AR finance obstacles into cash flow solutions!

Search engine analysis will show you that thousands of Canadian businesses search everyday for what they hopefully believe will be valuable information around the most popular method of business financing today. Those businesses, of all types and sizes by the way (even the largest corporations in Canada) want to know why cash flow factoring offers unlimited unlocking of cash flow based on your sales and receivables.

Initial explanations and overviews to clients sometimes become bogged down in key issues such as the cost of this method of AR finance, and, equally important, is the unwillingness of some clients to accept how invoice discounting (that's another name for this type of financing) works.

Canadian business owners and financial managers want to like a good thing, at the same time they want to know how it works and how they avoid any pitfalls. Lets discuss the ' how it works ' portion first and then share with you the method we believe eliminates the major pitfall perceptions viewed by many firms considering this type of financing.

We'll focus on small and mediums sized business - the larger corporations have access to all sorts of financing and external finance strategies - while the small and medium sized businesses in Canada tend to rely on their own cash flow to fund their ongoing growth and working capital. In fact many firms realize they have potential to grow sales and profits, but cant because of that lack of working capital.

Back to the 'how it works'! Cash flow factoring of accounts receivable is the ongoing sale, in whole or in part of your sales invoices as you generate them and deliver products and services to your customer. The invoices are purchased at 1- 3% discount from yourself, and you receive cash, 99% of the time the same day, for those sales. So, in effect all your sales now fuel that cash flow machine you have turned your company into.

So far, so good, right? Where complications arise, especially in Canada, is the fact that this type of financing requires your client to be notified of the process, directly, or indirectly, and payments are required to be forwarded to your factoring finance firm. Canadian business, in our eyes, has a reluctance to involve their customers in their internal financing policies, and challenges. As a result, many firms are skeptical of entering into AR finance of this manner.

Is there a solution? We told you there was - it's a breakthrough called confidential invoice discounting. This type of financing comes at the same cost, allows you to bill and collect your own receivables, and gains all the benefits of that cash flow factoring machine we turned your company into.

Speak to a trusted, credible, and experienced Canadian business financing advisor who can put you into a proper AR finance facility, allowing you to reap the benefits of cash flow invoice financing, while at the same time allowing competitors, customers, and vendors to remain exactly where you want them to be, outside your financing strategies and challenges! Let's let your competitors try and figure our how you're doing so well in both growth and profits.

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

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 .