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Confidential Invoice Financing Makes It All Better !
Information on factoring and receivable finance solutions in Canada. Confidential Receivable Finance Works - Here's why.. and how
Let’s put this ' secret ' in the context of some real world examples that might closely resemble your firm’s situation and needs.
Working capital challenges. You have them, and they seem to pre occupy a lot, and we mean a lot of your business day. So how do those restraints on liquidity affect your firm... they manifest themselves in payroll challeges, meeting lease and loan payments, and that worst feeling of all, not being able to grow your business or take on that new customer because of cash flow challenges.
In many cases, and you are certainly not alone, you're just coming out of the recession and collections from customers is still difficult, and expense restraints seem the order of the day. If you're like many other firms there is some seasonality to your business and you occasionally have bulge needs for cash and working capital.
So... we have done a great job of giving you the problem, which you knew already! Let’s turn that around and give you the solution.
Accounts receivable financing and business funding , commonly known is factoring of accounts receivables, is the potential solution. But we can hear you already... you have heard about it and you dont like how this solution works and the perceptions some suppliers and customers might have around how you are financing your business.
Well, it gets better, because we have a solution to that problem and it’s called confidential factoring of accounts receivables. Under this type of financing you are in a position of selling your receivables as you generate them, at your option of course, and, here’s the kicker, you receive cash for those invoices the same day - while at the same time retaining the right to bill and collect your own accounts. That ability to bill and collect your accounts receivable financing process just turned you into a confidential cash flow machine, allowing you to meet day to day obligations and, as we said, grow your business.
The whole process is seamless and it takes only a week or so to set it up. This type of financing appeals to two typical small and medium sized firms (by the way, Canada's biggest corporations use it also!). It appeals to firms who don’t have access to bank credit, or more commonly, might qualify for some level of bank financing, but not enough. That is because, unlike the Canadian banks business funding in Canada via factoring focuses solely on the strength and size of your receivables. In some cases, are you ready for this..? Inventory can be combined into the same facility.
There it is then... a great secret and business financing strategy that will allow you to finance your business. Speak to a trusted, credible, and experienced business Canadian business financing advisor who can assist you in completing this finance strategy.
7 Park Avenue Financial :
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
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
