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.



Showing posts with label buying company. Show all posts
Showing posts with label buying company. Show all posts

Thursday, September 19, 2019

Buying A Company? Business Acquisition Loans









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

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 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 .


' 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.










Sunday, January 6, 2013

Buying A Company? Who Can Help You With Financing To Buy A Business Or Make An Acquisition?






Canadian business acquisitions and merger financing


OVERVIEW – Information on buying and financing a company in Canada . When you buy a business or make an acquisition you need specialized assistance and expertise




If you are buying a company or a business in Canada your goal is of course to make an informed acquisition, pay a reasonable ' market' price and get the financing to need to make your deal work.




That might be an outright acquisition, or perhaps even a merger with a strategic partner or competitor.
The large corporations in Canada, public and otherwise have access to tons of talent and assistance in this area. But what about businesses in the SME sector, from a small business to a mid market type company?
If you’re looking to execute on a deal it might be very wise to consider the assistance of a Canadian business financing advisor to assist you in closing the deal, and in some cases even finding the deal.
Going it alone works, but boy can that be both time consuming, painful and expensive.





In what ways can a qualified intermediary or financing advisor help you? There are several key areas - they include:

Developing criteria for your final decision

Reviewing and assessing financial information that's available

Helping with pricing and valuation

Structuring a financing that makes sense based on assets, cash flow


Timing is always critical when it comes to arranging financing and making that acquisition. You need to ensure that who ever you are working with is proactive when it comes to timelines. The quality of a final financing package is critical and can significantly influence the parties who will finance your deal - which might be Canadian banks, independent commercial finance companies, or even perhaps a private equity group.

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 1-5% 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.

Reasonable fees for an advisor or intermediary ensure he or she is incented to keep things moving when things get tough on a deal , and the quality of the person or firm you are dealing with will quickly demonstrate to you the amount of useful information and advice they can bring to a deal .

Also, it sure helps if you are working with someone who has a sense of the industry you are in. They tend to be on a first name basis with people and firms that can help you both acquire and finance your deal. That's important and has value.

Buying a company and arranging the appropriate financing to make your acquisition successful requires patience, proper documentation and disclosure, and some hand holding along the way. You may have found the right deal, but if proper and successful financing is not in place there is of course... NO DEAL! That’s when the right amount of debt, equity and financing expertise becomes critical.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you buy and finance that company or acquisition.


7 PARK AVENUE FINANCIAL
CANADIAN BUSINESS FINANCING ACQUISITION EXPERTISE



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 :

http://www.7parkavenuefinancial.com/buying-company-financing-buy-business-acquisition.html






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