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Do You Know The Surprising Secret To Buying A Company ?
Properly structured business acquisition financing loans are critical to success in buying a company or business in Canada. As a business owner and financial mgr your goal is to pay the right price and merge that with the financing you need to make your transaction work .
In some cases you might even be executing a merger or even buying a strategic partner or competitor ; in any case finance is key .
A small business acquisition loan is of course outside those large corporations , public and otherwise in Canada , that have the talent and corporate financing that they need. It's the small and medium sized sector that we're focusing on . Those Bay street boys have all the help they need. But in any case a business financing advisor is usually key to closing your deal .
Many business owners and their financial mgrs often try to ' go it alone'. finding later that road is a painful and expensive one, and one that burns some bridges along the way . So how can a qualified business finance advisor help you ?
There are several key areas that an experienced intermediary might assist you in . They include, but are not limited to:
Helping you develop criteria for your decision
Reviewing and assessing all financial info that is available
Possible assistance in pricing and valuation
Most important ? Structuring a small business acquisition loan that makes sense based on assets and cash flow. And business loan rates are important to the overall financing strategy.
Being proactive and have a key sense of timing is always key, coupled with the quality of your financing package - one that will impress either a bank or commercial lender .
What can the business owner or manager expect to pay when it comes to a Success fee or work fees? In the SME sector we suggest a nominal but reasonable work fee and a Success fee in the 1-3% range depending on the complexity of the deal.
In many cases the work fee or ' retainer' as many seem to prefer to call it can easily be negotiated to be deducted from the final Success fee.
It is also advantageous to work with someone who has a sense of your industry - that is important and has value .
In many cases if you have found the ' right deal ' , but without proper financing there is of course ' no deal '.
The amount of debt and cash flow financing depends on several key factors that include sales and cash flow history, quality of assets, and prospects for growth . The amount of capital the buyer and put into the transaction is key , as well as business background experience of owners and mgrs in the business.
Seek out and speak to a trusted, credible and experienced Canadian business financing advisor
with a track record of success who can help you buy and finance that company or acquisition.
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 !
7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area 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 .
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
