Working Capital Financing In Canada : Avoiding Deathy By Cash Flow Finance & Business Loan Shortage !

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Working Capital & Cash Flow Financing - Whenever You Need It ? !

Information on working capital financing in Canada . The essence of cash flow finance success for your firm is the proper assessment of business loan and funding needs. Here's why and how !

Working Capital Financing remains a strong priority for Canadian business owners and financial managers that feel they are emerging from the recent recession and still require working capital to grow.

We continually between with Canadian business owners who want to understand their working capital options. Working capital facilities consist of either cash term loans, or receivable and inventory financing facilities.

As a Canadian business owner you need to understand the problem before you address the solution – that is why we constantly recommend that you sit down with a trusted and experience business financing advisor who has credibility in delivering financial solutions for your cash flow needs.

If working capita financing was a challenge prior to the recession you can pretty well multiply that challenge by 100% in the current business environment. There is not a day when we don’t see an article or a television story surrounding the challenges of Canadian business financing, or, on the unfortunate side, the demise of a great Canadian business due to the current difficult financial environment.

Business owners in Canada see themselves as unique of course, and quite frankly we would agree that every business has its own business model, operating cycle, cash conversion cycle, and unique financing needs.

When a business owner asks us for working capital advice we point out that working capital is both permanent in nature, and temporary. By permanent we mean cash working capital term loans – this loan injects long term working capital into your business, is paid off over several years, and is paid at usually a fixed rate on a monthly basis . We currently are aware of only two options for term working capital loans; both of these options are unsecured in nature. That is to say they rank behind any current secured or senior lenders you might have in place currently.

On a term working capital loan rates vary with respect to your overall credit quality and size of transaction. In some cases no owner guarantees are required, depending on the overall structure. One of these type of loans is in effect underwritten by a government crown corporation, which brings with it significant rate advantages, as the government entities price their transaction to current low yielding bond rates .

We hasten to say that if your firm is contemplating a fixed term working capital loan (also called a ‘mezz ‘loan or ‘cash flow loan ‘that you clearly have to be able to demonstrate that you can service the debt. Service the debt is finance lingo for ‘being able to make the payment! Typical criteria in approving such a facility are cash flow coverage, ebitda analysis, and on occasion the guarantee of shareholders.

In summary, working capital loans vary in nature, they can be fixed cash term loans, or also revolving facilities focusing on current asset collateral such as receivables and inventory.

The bottom line is of course to understand your needs before you search for a solution. If you don’t have full expertise in this area work with a trusted business financing advisor to ensure you can maximize on the best solution for your working capital needs.


Stan Prokop - founder of 7 Park Avenue Financial –

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 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 & Contact Details :

http://www.7parkavenuefinancial.com


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 '

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

Traditional Verses Non-Traditional Financing - What Are the Differences?

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Information on alternative financing and traditional finance in Canada . An overview of bank loans and cash flow finance solutions for Canadian firms in the small and medium enterprise area

Business owners at either start up or sometime in the business existence need financing. Many a joke has been offered regarding financing offers when you don't need it, however if you need financing to survive that becomes a different story. Business owners must be able to assess whether they are candidates for traditional or non- traditional financing. Traditional lenders want to grow your business; they are not looking to fix your problems. When business owners have to attract additional equity the problem usually is that they have to give up a healthy piece of the ownership of the firm. So who are these 'Traditional 'lenders? It is essentially a short list:

Banks and Trust Co's

Independent Finance companies

Venture Capitalists /Private Equity Firms

Government

Let's discuss some of the basics of those traditional players. Banks are the most obvious of all traditional lenders - they focus on assets and collateral and personal guarantees of the principals. If a firm cannot meet their lending criteria it's three strikes and you are out scenario. Venture Capital firms look for healthy portions of a firm's equity. They want big gains over a longer period of time. Generally venture capital deals are very significant in dollar size. These funders are very professional and have deep pockets, backed often by large institutions.

We feel strongly that the biggest mistake firms make when contemplating venture capital is either the small size of their transaction, or that funds are being solicited for the wrong reasons. Independent Finance firms are largely collateral based. Rates are typically a bit higher than bank type rates, and specialties include leasing and asset based lending, as well as non bank working capital arrangements, commonly called ' ABL''s. Various government loans and grants are available to business borrowers. They have very good rates and good structures - the main complaint of borrowers is time to consummate a transaction.


Non- Traditional Lenders: This group can be categorized in 4 categories.


Employees
Friends/Family
Private third party lenders
Suppliers

Most business owners do not realize key employees are often an untapped source of capital. They have a vested interest in their employment and careers, and often want to be considered for ownership and in succession scenarios. Management buyouts are a very common and quite successful strategy. Friend and Family is of course a sensitive area - we all know comments made around mixing friends, family and money. Care is required in this area.

Most business owners never consider suppliers as a form of potential capital. This group has a vested interest in making your firm successful - your firm is a customer, and they quite often can see the advantage of some sort of strategic alliance. Even a simple restructuring of your payments to a key supplier can bring valuable capital to your firm. In summary, there are various sources of traditional and non-traditional funds available to business owner. They certainly are not unlimited in choice, and every business has a unique need and situation that requires a special focus and assessment.


Stan Prokop - founder of 7 Park Avenue Financial –

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 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 & Contact Details :
http://www.7parkavenuefinancial.com

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 '

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












Article Source: http://EzineArticles.com/expert/Stan_Prokop/432698

Article Source: http://EzineArticles.com/3645694

Working Capital Financing In Canada : Business Loans & Cash Flow Finance Solutions

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No, Wait , You Just Might Not Understand All Your Canadian Business Financing Alternatives !

Information on working capital financing in Canada. Factoring and other types of alternative business loans can provide valuable cash flow finance solutions for the funding challenges of Canadian businesses

Working Capital Financing - Canada continues to be challenged by liquidity and financing for business.  For Canadian business owners to be successful they need to have new financing alternatives today. I recently spoke to a business owner who was quite clear on his thoughts on the new financing alternative for business - factoring, also known as receivable discounting. Let’s examine his problems with this unique financing alternative and see how valid his points might be.


According to my customer – ‘Ten Reasons Not to Factor:’
 and our answers to those issues! -->


COST - Many business owners perceive factoring to be very expensive - yes it is more expensive than traditional financing , but it provides you with all the liquidity you need when you cant get receivables financed or margined by a Canadian chartered bank - a proper effective analysis by an experienced business advisor can show you that you can recoup almost all of the costs of factoring in a number of ways - also, many business owners and financial managers don’t understand the true cost of carrying their receivables for  60-90 days and what the financial benefits are of turning receivables over quickly


DON'T UNDERSTAND THE MARKETPLACE-


There are many types of factoring - notification, non notification, recourse, non recourse, spot, etc - Yes , if you don’t understand the marketplace talk to a financing expert - he or she can explain what factoring solution works for your firm


TIME TO APPROVE THE FACILITY - In reality factoring and receivable facilities can be set up in days, not the weeks and months it might take to negotiate a significant bank line


HAVE FINANCING NOW - Factoring can be complimentary to your existing financing when all parties work together, which creates a win win environment


WEAK BALANCE SHEET- If you have a weak balance sheet that does absolutely not preclude you from a factoring or invoice discounting facility
LOSING MONEY - Factoring and receivable financing focuses on assets, not financial losses - Hopefully the financing facility will in fact put your firm back on the road to profits and working capital


I  HATE NOTIFICATION - Our firm specializes in a unique form of non notification factoring financing - you bill and collect your own receivables - Check out CONFIDENTIAL RECEIVABLE FINANCING

I AM WORRIED ABOUT BAD DEBT - Depending on the factoring expert you are working with facilities can be structured to insure your receivables


OTHER FIRMS THINK I AM IN TROUBLE IF I FACTOR - that is an old way of thinking when factoring originated in Canada - the reality is that some of the largest and most successful corporations in Canada factor tens of millions of dollars of receivables


DON'T KNOW WHO TO TALK TO -  Factoring is a newer form of alternative financing, talk to people you trust or engage the services of an experience factoring advisor who will take the time to explain your options and set up the facility
Hopefully my customer now understands that factoring as a working capital option is something that every business should consider as a financing alternative .


Stan Prokop - founder of 7 Park Avenue Financial –
Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 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 & Contact Details :
http://www.7parkavenuefinancial.com

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 '

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

Business Financing In Canada: Your Secret Code To Cash Flow Finance & Funding Assets

Looking For A Reality Check On Business Financing Success?

OVERVIEW – Information on business financing in Canada. Cash flow financing and funding assets requires a clear knowledge of market solutions that fit your business, industry, and financial model

Business financing in Canada requires, more than ever, some ' financial intelligence'

on behalf of the owner/financial mgr/entrepreneur. The ability to know how you are funding assets in the short and long term is what cash flow finance is all about. And it might just be time for a reality check! Let's dig in.

Naturally the more you understand your business financial position and the options available to finance your company positions you for success. How you use your business financial intelligence comes from understanding your numbers. Looking for a ‘ secret code ‘ – In fact top experts tell us that those companies that use their business financial intelligence properly when it comes to financing their business stand head and shoulders above their competitors

Financing your company comes from understanding what your real profit is, what the assets on your balance sheet are truly valued ( and therefore financeable ) at, and how those two parts of your business always come back to ... CASH FLOW!

Warren Buffett has another term for all that - He calls it ' owner earnings' and says it’s combo of operating your business on a daily basis , investing in new assets, and ensuring owners also have the ability to properly take money out of the business.

It's easy for most business owners to understand that they need cash to pay bills, buy new equipment and invest in the future - in some cases with real R&D expenses.

When a business is growing it's very easy to focus less on cash flow - when early warning signs start to emerge around cash flow and funding problems it’s time to consider all your business finance alternatives .

Those alternatives? They include

A/R Financing

Inventory Finance

SR&ED Tax Credit Loans (R&D refunds)

Non Bank Asset based lines of credit

Equipment Finance/ Sale Leasebacks

Purchase Order Finance

Unsecured Cash flow loans

Those solutions are of course the alternative to Canadian chartered bank solutions. While alternative financial solutions we've mentioned are typically more expensive they are much cheaper than looking for new owner equity. While the debate seems eternal on whether Canadian banks support the SME sector in Canada it's comforting to know there are in fact more new options than ever before.

Business owners/mgrs that run their business soundly around things like accounts receivable turnover, inventory turns, and proper financing of new assets will always have the upper hand in negotiating new finance solutions. It's also easier because when things head in the wrong direction new forms of financing are more easily negotiable.

If you're looking for a true reality check on your business financing options in Canada seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your cash flow financing needs.



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 - Completed in excess of 100 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 & Contact Details :
http://www.7parkavenuefinancial.com


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 '

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

Business Financing In Canada : Dealing Successfully With Cash Flow Finance Challenges

You Don’t Need Dumbledore For Cash Flow Finance Secrets & Solutions – Here’s Why

OVERVIEW – Information on cash flow finance solutions in Canada . Successful business financing involves a strong understanding of your sales / revenue cycle and the timing of cash inflow/outflow

Business financing in Canada sometimes might well seem as if you need some help from Dumbledore - the legendary J.K. Rowling character who knew ' pretty much everything ' , while at the same time having access to spells and other devices.! The reality? Cash flow finance is an integral part of your sales and collection cycle; when the business owner understands that he or she is in a position to improve cash flow and determine which lending arrangements work best. Let's dig in.

Two solutions are essentially possible for the business owner/financial manager. The first solution is often the hardest, impractical at the worst of times, and time consuming. We're talking about taking on term debt or raising equity capital. Good luck with that and tell those friendly Venture Capitalists and Angel Investors

that we said ' hi ' - We'll toil on in the real world.












The second solution? It's often the most practical- and it involves simply understanding your sales cycle and determining how and when you generate cash flow and what solutions can accelerate that process! The true secret of business? We sometimes think it boils down to simply turning real sales revenues into actual ' cash on hand '.

You firms ability to generate cash in a manner that you can always predict is often the real reason cash flow is such a challenge So the more you are able to both control and manage and predict cash flow ( through a cash flow budget perhaps?) is the real road to business financing success. Those abilities will also put you in a better position with decision makers at banks and commercial financing sources.

While your accountants are no doubt great at capturing the ledger transactions in your businesses ' operating cycle ‘ it doesn’t show cash traveling through your company. This whole situation is even more acute for companies that have long term contracts, or who have a long mfg cycle.

As you have hopefully seen, the best thing about your business (sales and profits) are rarely emphasizing or capturing the cash flow challenges your company faces. So when you put aside all your cash outflows in marketing, or R&D, as well as operating expenses, and also understanding the investment you need to make in inventories and carrying receivables... suffice to say... Cash flow mgmt and finance becomes JOB #1.

Solutions available to business owners/mgrs for cash flow finance are varied. They include:

Bank credit
Non bank business credit lines
Inventory Finance
Sale leaseback Financing
Tax Credit finance
PO / Contract Financing
A/R Finance /Invoice Discounting/Confidential Receivable Financing

We've determined you don't need the services of that wizard ' DUMBLEDORE ' with his array of magic ; His title was apparently ' Head of Transfiguration ' but prudence dictates contacting a trusted, credible and experienced Canadian business financing advisor who can show you how to successfully deal with cash flow finance solutions might just well be a great alternate strategy


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

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCING EXPERTISE





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 '

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

Financing A Company In Canada : Cream Of The Crop Cash Flow Finance Solutions

You Can Only Spend Real Cash!

OVERVIEW – Information on cash flow finance solutions in Canada . Financing a company requires this knowledge around available business credit offerings and how and why they work

Cash flow finance in Canada demands that your firm has the expected cash flows required; business owners and financial managers quickly realize that you can only spend real cash! When that ' cash on hand isn’t available in financing a company finance solutions are required. We're covering off the ' cream of the crop '

in those business fixes. Let's dig in.












The essence of cash flow financing, unlike asset based loans is the requirement that your firm demonstrate past and projected cash flows along with earnings and margins that are manageable.

The uses of cash flow finance are varied - typically these solutions are used to fund your daily operations- in some cases they can also be used to acquire a business. The ability to obtain financing today, as opposed to sometimes in the future is what will differentiate your business from the competition.

Business owners/mgrs of course also have to obtain to access other forms of financing - this might mean either selling equity or taking on debt. At the core of being successful in financing a company is the requirement that you can identify why and when you have cash flow fluctuations. Various forms of temporary cash flow loans allow you to take advantage of different operating conditions. Although higher rates come with non bank loans they do provide the speed and convenience of access to real capital.

Acquiring business assets requires an outlay of capital for either outright purchase of the equipment or the need to allocate cash to lease/loan payments. It's critical for business owners to be able to develop a realistic cash flow budget that shows the ongoing changes in receivables and inventories and payables.

Top experts tell us that the capital needs of Canadian business to grow assets and operations almost always exceeds cash inflows - that brings us back of course to our theme ' you can only spend real cash '! Those realistic cash budgets and appropriate financing solutions are what’s required to ensure you can acquire the assets you need to be successful. Don't forget also that assets you acquire in your business should be bringing a higher return than the actual cost of financing

When your current operations can't finance the opportunities you seek in your business you need to focus on the ' cream of the crop ' financial fixes that companies rely on - They include:


Equipment Leasing
Asset based Loans
Working Capital Term Loans
Unsecured cash flow loans

Short term financing can be accessed via:

A/R Financing
Bank credit lines
Non bank asset based business credit lines
Tax Credit Financing
Royalty Finance
PO /Contract financing

If you're focused on assessing and obtaining the best financing available for your firms current and future needs seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can assist you with financing that provides access to ... real cash!


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

7 PARK AVENUE FINANCIAL = CANADIAN CASH FLOW FINANCE EXPERTISE




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 '


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

Account Receivable Funding Is The Recipe For Your Cash Flow Finance Requirements

No Secret Phone Call Required For This Version Of Accounts Receivable Financing – It’s ‘Confidential’ !

OVERVIEW – Information on account receivable funding as a viable cash flow finance solution for Canadian businesses. Exploring the Confidential A/R financing solution

Cash flow finance solutions allow your business to comfortably strengthen your firm’s decision ability as well as financial future. One method employed by thousands of business owners/financial managers is account receivable funding, and in particular we're talking about Confidential Receivable Finance, allowing you to bill and collect your own receivables. And no ' secret phone call ' is required! Let’s dig in.

Planning your cash flow with the right external financing solution allows your business to better identify growth opportunities as well as avoiding the proverbial ' cash flow crunch' that comes with the ebb and flow of sales.

And the right solutions will always help you ensure profits without the risk of lacking working capital. While businesses have numerous traditional and alternative capital raising mechanisms those needs must also be properly communicated to any lender.

If your firm has ' sales ' it's always a candidate for A/R financing. Thousands of firms that can't attract a bank finance solution have the comfort of knowing their sales can be financed via receivables funding. This is short term financing at its best, allowing you to pledge / sell your customer accounts to fund obligations such as payroll, inventory/materials, and... growth in those sales! It's critical to understand that this solution is not a ' loan ' - there are no fixed payments - it’s a continuous revolving credit facility.

The confusion that exists between bank A/R financing and non bank financing lies in the way the collateral (i.e. your A/R) is documented. In the case of the bank its ' pledged ' while Confidential receivable finance via a 3rd party commercial finance firm stipulates specific receivables are ' sold' as opposed to pledged. Simple as that.

While a non bank solution will always be more expensive than the bank it’s a solid, effective way to finance your business. And more often than not it's a ' bridge' to getting back to a formal chartered bank relationship. which in the case of financing receivables is , in essence ' Unsecured Financing '.

There's a whole range of reasons thousands of Canadian businesses gravitate towards 3rd party commercial receivables finance. Has your business ever been in any of the following categories?"

Banks refused to grant you the amount of business credit you need

You have a bank line but it’s not enough!

Your firm is relatively new

One or a few customers represent a large portion of your sales - (known as 'concentration ')

How then does CONFIDENTIAL RECEIVABLE FINANCE work? At the core is the fact that, unlike traditional ' FACTORING' offered by 99% of commercial A/R financiers, no notification is required to your customers. So financing is clearly on the ' honor system '

given that you've received funding for your accounts and are obligated to pay back when your clients pay. Business owners are quick to see the positive impact of maintaining 100% of their client relationships, from sales to final invoicing and collection.

If you feel your firm can benefit from a winning recipe for A/R funding seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your cash flow finance needs.




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

http://www.7parkavenuefinancial.com/cash-flow-finance-account-receivable-funding.html






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 '

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