Business Finance Advisor Needed ? Here’s What You Need To Know About Help Wanted When It Comes To Financing Advisors And Corporate Advisory

Can A Corporate Business Advisor Help Get Your Firm In Tip Top Financing Shape?


OVERVIEW – Information on the role of the business finance advisor when your firm is looking for financing solutions. Working with the right corporate advisors helps guarantee business success



The Business finance advisor . What exactly is the role of financing advisors when it comes to the help you're looking for in running, buying, or financing your business for operations or growth? Understanding the ' help wanted ' solution that you can attain is key to success. Let's dig in.

Why in fact would you want to work with such a person... or firm? Some of the basic needs might revolve around:

Acquiring or merging with another firm
Getting the debt financing you need
Accessing short term bridge finance
Acquiring traditional and non traditional working capital and cash flow solutions

Why can the finance advisor deliver when you can’t? Often times it's just a case of a strong reputation. That allows them to maintain relationships and deliver finance solutions that are attractive to both your firm and the financing entity - whether that is a chartered bank, a private commercial finance company, or alternative solutions of some type.

In a perfect world you're also not just looking for an introduction but for some one that will get you the financing credibility that you need to get the job done.

Clients we meet always want to get the issue of fee or compensation out of the way. Clearly the winning combination here revolves around payment for Success factors that make a fee worth it are the reputation of the person or firm, their background and experience- including track record, and the concept of personalized service .

The concept of working with your firm and the actual ' preparation' of your firm for any type of financing. This typically includes financial analysis and discussion of your company's finance history and needs, as well as negotiating terms , rates and structures available based on the financing you need .

Typical financing requirements that you might choose a Canadian business financing advisor for include:

Receivable financing
Inventory finance
Working Capital and Cash flow solutions
Bank facilities
Asset based lending solutions
Supply chain finance
Franchise Financing
Equipment Finance/ Sale Leaseback/Bridge loans

You accountant or lawyer is also in a position to either help or refer you to parties that have a track record of experience and credibility. The advice and support you get from finance advisors (good ones!) Will help the financing process go a lot smoother with a focus on what's needed in terms of your financing solutions? A good advisor will give your firm the credibility it needs to access financing solutions available -some of which may not have been known or available to your firm previously.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can deliver on the solutions you require to grow... or survive!


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 :


7 Park Avenue Financial = Canadian Business Financing Advisor


CONTACT:
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

















Stan Prokop

Need Business Turnaround Financing For Your Company? Canadian Solutions For Distressed Corporate Situations

Need a Refinancing Turnaround?


Information on business turnaround financing in Canada . Recognizing corporate distressed challenges and implementing proper solutions.




Business turnaround financing for Canadian firms is clearly one of the most challenging forms of corporate finance for those firms experiencing distress from either internal or external factors, more often than not a combination of both .

You can call it crisis management, turnaround management... whatever, bottom line, your company might need it. How then does a firm recognize that need, and what tools and financial solutions are available in Canada to implement a financial reorganization that makes sense.

Without a doubt it's about understanding both the causes and implications of company financial problems, and then implementing a solution.

When Canadian business owners and financial managers of companies in need of financing changes face their ' to do ' list a number of key focuses must be forged. They include restructuring your current debt, potentially downsizing your business, and addressing various legal issues with your current lenders, which might be both operating lenders and term lenders such as lessors, senior bank facilities, etc.

A common sense way of looking at things is to address some very basic questions, in effect:

What is going wrong and how must management take responsibility?

Do we have resources (i.e. assets) and financial assistance and expertise to begin and complete the turnaround?

Naturally depending on the size of your firm the challenge has different levels of complexity. Distressed situations can be addressed in either a ' strategic ' manner, or via an operating turnaround. Our comments are more focused on the operating turnaround... it’s the basics such as increasing sales, lowering costs, and refinancing assets.

In many cases new creditors must replace your current creditors. Again we emphasize that your current firm might be a start up, or one that has experienced tremendous growth and then stalled, , or in some cases your firm has been around a long time and financial issues simply have come to ahead and need to be addressed. All these firms require external turnaround management assistance, quite frankly, someone who has been here before.

At the end of the day it's about looking at your refinancing options which might include secured debt, bank debt, and other debt with commercial finance companies.

What then are potential solutions for corporate distressed situations? In Canada those solutions are debtor in possession financing; asset based lending, monetizing current assets via working capital facilities that include A/R and inventory and equipment components. Other less widely used options include securitization of contracts, tax credit financing, and supply chain financing.

Business turnaround financing is one of the most challenging aspects of Canadian business financing. Speak to a trusted, credible and experienced Canadian business financing advisor for solutions that make sense for your firm.




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 7 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/business_turnaround_financing_distressed_corporate.html