Business Capital Solutions In Canada : Accessing Proper Cash Flow & Commercial Financing

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Cash Flow Solutions - What Are The Types Of Capital For Your Business

Business capital requirements in Canada often boil down to some fundamental truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don't qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we're highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.



1. Understand the true condition of your company finances - These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general



2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing



3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company



Can you honestly answer or feel optimistic about all those 3 points. If so, pass Go and collect $ 100.00!



An excellent way to address your company's finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn - i.e. not growing, losing money, etc ; It's never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!



When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is critical.



How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down, and addressing financing simply gets tougher and tougher.



Three basics always emerge when it comes to your search for the right business capital and financing.



1. The amount of financing you need



2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ' alternative lenders '. These lenders are typically highly specialized in one ' niche ' of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders



3. How the financing is structured to be manageable with your day to day operations

What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business 

Let's identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:



A/R Financing / Factoring / Confidential Receivable Finance



Inventory finance / floor planning / retail inventory



Working Capital term loans



Unsecured cash flow loans



Merchant working capital loans/advances - these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.



Royalty finance



Asset based non bank business lines of credit



Tax credit financing (SR&ED bridge loans)



Equipment Leasing / Sale leasebacks - Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used assets.



Govt Guaranteed Small Business Loan program - Government Loans in Canada are sometimes referred to as ' SBL', aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ' government ' loan solutions are often perfect for financing a new business.



If you're focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing 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 Is The Best Business Credit Line ?

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How To Get A Business Line Of Credit

Business line of credit solutions are often a key talking point when it comes to talking about business financing solutions for clients at 7 Park Avenue Financial. A talking point is, of course, just a ' succinct statement designed to be persuasive '. Let us take a look then at business credit line solutions , with a main focus on ABL
, otherwise known as asset based lending.



The problem with the term asset based lending
is that is is typically a common catch all for different times of financing that are cash flow and debt related - one example might be receivable financing, others might consider sale leasebacks, etc, etc,



In our discussion here we are referring to what we could call a ' comprehensive' business credit line solution - its a finance facility that rolls up you receivables, inventory, equipment, and yes, if applicable , real estate - all into one borrowing facility that your company can draw down on .


Although low interest rates are a key attraction of Canadian chartered bank financing the harsh reality is that thousands of firms simply down qualify for those rates based on the stricter borrowing criteria that banks put in place in order for your firm to achieve those lower borrowing rates . Spoiler alert - ABL business credit lines cost more, but they provide more liquidity and access to capital.


Whether your firm is start up, early stage, or a mid market or even larger corporation you typically require access to credit lines.

A lot of the asset based lending available in Canada today is based on the U.S. model of ABL, which is a huge, and we mean really huge, part of American business borrowing. In Canada this borrowing is typically done by private commercial finance companies who are not regulated like our banks . They deliver a commercial financing product tailored to your business needs.

ABL credit lines also work if your firm is in the process of restructuring - it's at those times that your require the most access to financing, which at that point in your firms history typically is not available from banks . As we noted, ABL increases access to funding based on your total asset structure! The ' A ' in ABL is assets and that's all you need for an asset based business credit facility.

So what are the key differences in when comparing asset finance facilities to bank financing, typically it's looking at alternative financing vs. traditional financing?

For banks it's all about the trifecta - profits, cash flow, and a clean balance sheet - and you pretty well need all those 3 to be in place to access those low bank rates.

ABL focuses on flexibility - little or no emphasis is place on ratios, covenants, outside collateral, spousal and owner guarantees, etc. Those items may be ' talking points' but rarely total deal breakers.

One key aspect of asset based revolving credit lines is that they can facilitate peaks and bulges in borrowing needs when it comes to sales . The temporary spikes that come with seasonality, large new contracts or purchase orders can almost always be accomodated when working capital is down to 'crunch time'. Traditional bank facilities are often very difficult to arrange in a short period of time.

Is the asset based credit line the best finance method to achieve cash flow and working capital nirvana ?! If you can't access some or all of the bank financing you need it just might well be.


Speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business financing success on what you need to know about this innovative method of business finance in Canada.

Bottom line ? Understand the requirements and take advantage of the benefits!






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

Eliminate Commercial Finance Pressures With An Asset Based Lender

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Information for Canadian business owners and financial managers around a financing mechanism to solve for commercial finance pressures. Why an asset based lender might be your Canadian business financing solution.

Do commercial finance solutions seem out of reach - want a simple solution? Go visit a Canadian chartered bank and get all the business credit you need! Unrealistic... maybe, maybe not, but one sure fire solution for your problems might be an asset based lender.

For many years now the non bank asset based lenders have been working with firms such as yours on credit facilities that fit the real world need of your company when it comes to inventory, receivables, equipment and real estate.

Canadian business owners and financial managers are probably asking themselves why they haven't heard of this before - we'll hit you with another shocker, some of the Canadian banks even have internal divisions of asset based lenders that compete with their regular commercial banking business!

Anyway, the bottom line is that this Canadian business financing solution might be your ultimate cash flow and working capital solution.

For the uninformed asset based lending is essentially a revolving line of credit which provides you with working capital, cash flow to cover your operating expenses and growth needs. Why is it different then from a typical bank type operating loan? Simply because there is only one focus, the assets. And because the asset based lender is a specialist in commercial finance and the value of your assets you ability to draw on those assets intensifies greatly - in many cases you will obtain 50-100% more leverage on your current assets than you ever have before.

Again, why is this so different - its because the focus is on your personal credit, your company's current or past challenges... its solely on, you guessed it..' the assets'!

In certain cases even a purchase order financing type facility can be put in place, and more often than not the asset based lender will accommodate what we term as ' bulges' or unusual temporary needs of your business based on seasonal cash flow, large new orders or contracts, etc.

As a business owner we think you can see that the total focus now seems to be on your future sales ability and the overall bench strength of your assets. It certainly is not untypical to receive 90% financing on receivables and 50% or often more on your inventory as ongoing advances for your cash flow needs. We also tell clients that unencumbered equipment can be factored into the facility also, so you in effect have a fixed asset that provides you with working capital. That's creative financing!

Clients always asked what the approval criteria are - the truth is that the criteria that an asset based lender requires are significantly less demanding than those imposed by bank, the latter focusing on rations, covenants, external collateral, strength of persona guarantees, and on it goes.

Commercial finance made easy is a great by line for an asset based line of credit. After a standard business financing application and submission of back up date which would include aged receivable, inventory listing, equipment list, recent financial statements, etc you would typically receive an expression of interest. After initial due diligence on your overall asset size and quality typical security documentation and registration takes a couple of weeks.

Speak to a trusted, credible, and experience Canadian business financing advisor who can provide you with clarity on cost, process, and most importantly, the benefits of an asset based line of credit or working capital facility.

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 .


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/5405332

Business Capital Solutions In Canada : Accessing Proper Cash Flow & Commercial Financing

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3 Mistakes You Should Never Make In Your Business Finance Needs

OVERVIEW – Information on business capital finance in Canada. Don’t make these mistakes when it comes to your cash flow and commercial financing requirements

Business capital requirements in Canada often boil down to the some basic truths the business owner/financial mgr/entrepreneur needs to address. One of those truths? Knowing the true state of their financial condition and what financing they do and don't qualify for! Let's dig in.

We're highlighting 3 mistakes that you need to avoid making when addressing, sourcing and negotiating your cash flow and commercial finance needs.

1. Understand the true condition of your company finances - almost always successful addressed when you spend time on your financials

2. Ensure you have a plan in place for sales growth and finance needs

3. Understand that actual hard cash flow is the lifeblood of your company

Can you honestly answer or fee positive about all those 3 points. If so pass Go and collect $ 100.00!

A good way to address your company's finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn - i.e. not growing, losing money, etc

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.

How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.

Three basics always emerge when it comes to your search for the right business capital and financing.

1. The amount of financing you need

2. The type of financing (debt / cash flow / asset monetization)

3. How the financing is structured to be manageable with your day to day operations

Let's identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:

A/R Financing / Factoring / Confidential Receivable Finance

Inventory finance / floor planning / retail inventory

Working Capital term loans

Unsecured cash flow loans

Merchant working capital loans/advances

Royalty finance

Asset based non bank business lines of credit

Tax credit financing (SR&ED bridge loans)

Equipment Leasing / Sale leasebacks

Govt Guaranteed Small Business Loan program

If you're focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing 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

Asset Based Loans : A New Model In Commercial Financing & Business Credit

Asset based Loans – Our Version Of Genetically Modified Business Lines Of Credit

OVERVIEW – Information on asset based loans in Canada. Commercial financing solutions derive from the true value of your business assets

Asset based loans in Canada - from our perspective here in the trenches a great analogy of this type of commercial financing is that this type of finance is in effect ' genetically modified ' business credit. That expression is typically defined as something that has been altered using' engineering techniques'. Let's dig in.

When it comes to commercial finance in Canada our banks kind of lump your business into a couple of basic categories - investment grade, or middle market and SME Commercial. Early stage revenue companies or start ups are at the lower end of credit quality when it comes to SME COMMERCIAL FINANCE needs.

The reason your firm might qualify for more business credit than the owner/financial mgr might think all comes back to one word - assets. They become the true collateral in business borrowing - and there's quite often a huge difference in what you're eligible to finance relative to what your financial statements say.

The typical types of collateral are inventory, receivables, and fixed assets. In today’s more high tech world other assets can sometimes be considered - that might be things like patents, or rights or contracts, etc.

Things aren’t really as complex as some might think when it comes to asset financing. Some very basic formulas drive the entire industry. A quick recap of those formulas?

Receivables - 90% financing
Inventory - % of cost
Fixed assets - current sale/market values (typically achieved by a 3rd party appraisal)

Those 3 formulas compare very favorably when it comes to bank financing - that's of course because of the more conservative stance our banks take on the ability to value your assets. Commercial finance firms on the other hand tend to have more expertise (and time to spend) on understanding what your assets are truly worth.

Business credit lines that are achieved through asset based loans are a strong alternative to bank revolving credit facilities. Although they will cost more the immediate liquidity they can bring your firm is often a lifesaver in terms of growth and daily operational activities. Simply speaking, they help lessen the cash flow crunch!

If you're looking to understand more about our ' genetically modified' business finance commercial financing seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
.


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 Finance Solutions In Canada : Putting Fireworks Into Your Commercial Financing Options

Bucket List Item # 1 : The Right Business Finance Solutions For Your Business

OVERVIEW – Information on commercial financing options for Canadian business owners. Proper Business finance choices is a top priority when it comes to successful growth and operating strategies

Commercial financing options in Canada are a solid item for your ' bucket list ‘. The proper business finance solutions for your company should have top priority on that bucket list!
While some might consider the ' finances' of your business as somewhat boring we don’t, in fact the right solutions can put' fireworks'

into your growth and operating plans. Let's dig in.










Most business owners / mgrs in the SME COMMERCIAL FINANCE needs area recognize that business loans are a top priority and play a significant role in their companies. And when it comes to choices the term ' comparison shopping ' seems quite appropriate.

While many clients we meet focus solely on ' interest rate ' not all firms can guarantee their chances of approval at low rates- it's equally as important to focus on terms, structure, and what type of financing best suits your needs at that particular time.

Many firms we encounter are wrongly focused on equity capital but are unaware that they don't possess the ' blistering growth' that is required by

VC/Angel type investors. In many cases they are also too ' early stage ' and can't provide clarity around key differentiators, much less a solid business plan/cash flow forecast.








Traditional bank financing in Canada comes with low rates and flexible terms - the downside is that approval times can be lengthy and might not really be the amount and type of financing you need to facilitate operations/growth success. Many owners/mgrs often get discouraged in the whole bank process, rightfully or wrongfully so.

What other doors are open to the business owner?

The route to potentially consider is alternative commercial lenders - who will also often place less focus on the personal finances of owners. Those ' personal finances' are key in bank lending, with issues such as personal credit score and collateral being a main focus.

Alternate business finance solutions are easier to access; financing costs are higher but are in fact coming down due in part to booming competition in this area.

‘DEBT ' is often a two edged source in commercial financing. Too much is unhealthy; a lack of debt might also though indicate your firm can't get the financing it needs to grow a business. More importantly, we maintain that ' debt ' is not always the solution. Numerous cash flow and working capital solutions are available - they include:

A/R Financing

Inventory finance at commercial/retail levels

Non bank asset based lines of credit

PO finance

Tax credit financing

Sales/royalty finance

Sale leasebacks - fixed payments and spreading out the cost are key features in assets you already own

Those solutions noted above can fuel growth that can increase demand for your services and allow you to take advantage of competitive situations that provide a win for your business.

If you're looking to clear that #1 bucket list item - proper ' business financing' , seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can help you put the ' fireworks' back in your growth 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