Business Finance & Loans Wellness : Sourcing The Cash Flow & Working Capital Solutions You Need

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Looking For Real World Canadian Business Financing? We’ve Got It !

OVERVIEW – Information on cash working capital solutions and alternatives for Canadian Business . There are alternatives for cash flow loans and finance needs for growth and profits

Cash flow finance & working capital loans are rarely in the ' front page news - read all about it!' category. Yet when your business seems to be ' revving up ‘Canadian business owners & financial mgrs are truly looking for some of those ' real world ' business financing solutions. Let's dig in.

As we've said before there might be something wrong with our plumbing because our client's taps don't seem to be flowing with cash flow and working capital offers!

Lets looks at what we consider a real world look at some business financing and lending issues around cash working capital and cash flow loans and finance for Canada's small and medium businesses .
If there is any good news today it’s that there are in fact a whole new relatively new slew of business financing and cash flow solutions.

No secret that Canadian chartered banks have the lowest cost of funds as well as the best rates and terms for business financing - it’s just that on occasion you can’t get the funding you need based on bank criteria!
We have nothing, by the way, against those bank criteria, because they're lending out our hard earned savings to your business. But the hard core reality is that bank financing and looser financing restrictions rarely come together to mean the same thing.

In fact many of our clients we talk to are looking for alternative solutions to cash working capital challenges. And they are pleasantly surprised to hear from us that some of those solutions, although they have never heard of them exist, and in fact are becoming more mainstream

So can we share some of those ' secret ' solutions that are available to you today? Heard of C I D, or ABL, or even financing your tax credits? Those solutions are available to Canadian business today. C I D is confidential invoice discounting, and ABL is asset based lending. We strong feel that ABL is the wave of the future when it comes to cash flow loans and finance for Canadian business.

Where else in the world can you get working capital funding for inventory, A/R, and even cash flow margining of your unencumbered equipment. Nowhere else, we can assure you of that.

There are new alternative solutions to the funding of working capital. Business owners & mgrs looking for alternative financing solutions also have the ability to access:

Equipment Financing

Sale Leasebacks

Govt Guaranteed Small Business Loans - (to max 1 Million $)

A/R financing/ Confidential Receivable Finance

Working capital term loans

SR&ED Tax Credit Bridge Loans

Short term working capital advances


So who in fact can provide you with the best information on cash working capital solutions? You could try your bartender or barber or hair stylist, but quite frankly why not consider an expert instead!

Seek and speak to a trusted, credible and experienced Canadian business financing advisor who can ensure cash flow loans and finance solutions that make sense are available to your firm.

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

Working Capital Sources In Canada : Tracking Different Business Credit & Finance Solutions To Grow Your Business

Looking for Made To Measure Business Credit Cash Flow Finance & Loan Solutions ? For Your Consideration!

OVERVIEW – Information on sources of working capital and traditional and alternative business credit finance solutions in Canada

Working capital finance sources, believe it or not, can be a ' made to measure' solution for the majority of Canadian businesses.

That might come as quite a surprise to many business owners and financial mgrs who feel that might not have real ' choice ' in business credit solutions. So how do we gravitate to the right cash flow solution for our businesses? Let's dig in.

Understanding the type of business credit you require is all about living through a working capital ' crunch ‘. Most businesses at one time or another live that challenge every day.

Working capital is best understood as your operating capital, - That's the investments your firm has in areas of receivables and inventory, as well as the constant demand to replace and replenish assets. Your goal should be to ensure those current assets such as receivables and inventories are monetized in the best manner possible.

So who can help? The textbook definition doesn't really help us out - our accountants and analysts tell us to go to the balance sheet, subtract current liabilities from current assets, and , voila! That's working capital!

One of the biggest contradictions in working capital that you need to understand is the issues of assets, profit, liquidity and turnover. Once you have a handle of those the concept of working capital and, more importantly, the solutions start making more sense.

How you manage those short term assets of A/R and inventory is what working capital is about. Many business owners quickly realize that one of their liabilities, i.e. payables, is actually a large asset in measuring working capital and managing it. That is because if you can continue to convert inventory into A/R into cash, and slow down payables you are achieving working capital progress.

Is there a perfect way to measure your working capital needs and progress? One of those methods is to check into the 'cash conversion cycle '- It's a tool you can use to measure how low a dollar takes to flow through your company. It simply takes your inventory and receivable days outstanding, subtracts your payables days outstanding, and there is your final number.

In order to achieve solid working capital you need to increase turnover - that can be done by accelerating cash flow by borrowing against receivables, or selling receivables via a factoring process.

Other working capital finance sources include:

Asset based non bank lines of credit

Sale leaseback strategies of assets you already own

A/R factoring / Confidential Receivable Finance

Working capital term loans

SR&ED Tax Credit Financing

Merchant Advance/working capital short term loans

Your working capital solutions in Canada might seem limited, but in fact they are very focused and real. You can increase working capital today with no one’s assistance simply by accelerating turnover of your assets such as receivables and inventory. If you feel your challenge is more of a long term nature a working capital term loan (if larger these loans are called subordinated debt) is the solution.

Over the long haul monetizing your assets, not borrowing more - that's where asset based lines of credit work best.

So what’s working capital all about - it's a case of understanding what it is, looking at how your firm performs in key metric areas of turnover, etc, and then choosing a solution that works best for your firm, whether that is long term in nature, or a bulge type facility that augments your daily cash needs.

Seek out and speak to a trusted, credible and experience working capital business financing advisor to determine what choice is best for your firm.

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 13 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: The Do’s & Don’ts Of Working Capital Loans & Debt Finance

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We’re Doing Some Fact Checking On Canadian Business Financing

OVERVIEW – Information on business financing needs in Canada. Business Owners and financial mgr’s need to know the right type of working capital loans and debt finance specific to their growth and funding needs

Business Financing in Canada , when it comes to working capital loans and debt finance solutions comes with a lot of... do's and don'ts! We've been doing some fact checking, (which seems to be happening a lot these days!) so let's dig in.

Most business owners / financial mgr's recognize that the search for capital and funding for their business is never ending.

Two key facts clearly emerge:

1. Working capital needs are both short term and long term - It's key to know which one (or both?) that your company needs

2. Once your company has determined the type of working capital or debt you need what are your options and how to do pursue those successfully and in the least amount of time?



We've stated that working capital is both a short term and a long term need. Let's examine that key point. When we talk to clients about working capital needs it becomes apparent they are often confused by 'textbook issues 'as compared to real world issues. The textbook of course tells us that working capital is a simple calculation - go to your balance sheet, subtract current liabilities from current assets, and , voila! There's your working capital. The perfect answer, right? The reality is that business owners must consider two key elements not often covered off in the textbook.

They need to know their cash flow needs based on past issues, current and future needs. Also, turnover of current assets is critical and many Canadian business owners and financial managers don't know how to measure turnover. If A/R and inventory isn't turning properly your working capital is going to feel ' sluggish'!

And if those two assets are building up not in relation to sales that's a bigger problem.








We're talking about short term needs vs. long term needs as we have stated. You may have had historically enough cash flow for working capital to satisfy your overall sales growth needs. But what if you have a large new order or contract you need to fulfill. That more often than not necessitates a short term need for cash flow to fulfill purchase orders, contracts, etc.

The good news is that, with the right help and knowledge it's relatively simple to measure cash flow needs. Don't forget though that sales and profits rarely relate perfectly to cash flow! When that issue becomes painfully obvious it's somewhat too late to put the proper fix in place.

Two options are in fact available for your firm when considering a working capital solution. One of those options is to take on more debt, and enter in a working capital term loan - this is simply a cash term loan with a fixed repayment and term - typically three to five years.

For larger firms this might be called subordinated debt, or mezzanine financing, but for smaller and medium sized companies in Canada we can simply say 'it's a working capital loan '! This type of financing puts permanent working capital into your business and allows you to feel comfortable that you can meet short term obligations such as lease payments, etc. If there is a disadvantage to this type of financing its simply that in reality you are adding more debt to the balance sheet, as the working capital loan is debt .

You can also monetize existing assets to maximize cash flow. Typically these assets are A/R, inventory and fixed assets. Yes you are leveraging those assets, but the reality is that your balance sheet ratios stay intact.

For smaller and medium sized firms in Canada these solutions come under several names, working capital facilities, asset based lines of credit, or even a standard operating line of credit with a Canadian chartered bank that allows you to margin receivables and inventory .
In summary, we have covered off the need for business owners to determine what type of working capital they need, albeit short term or long term .

Ensure you're aware of the important do's and don'ts in business financing solutions available. Do your fact checking, and consider seeking out and speaking to a trusted, credible and experienced Canadian business financing advisor for finance leverage.





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 Loan Finance Solutions In Canada : Eliminating Anxiety Inducing Working Capital Financing & Funding Worries

Why Your Company Needs To Start The Search For Proper Working Capital Finance Solutions

OVERVIEW – Information on working capital financing solutions in Canada. The type of business loan your company requires and where you get that finance solution makes or breaks business success

Working capital financing and business loan finance solutions are always a challenge for Canadian business owners and financial managers. We can safely say after talking to many of our clients that challenge is in fact... you guessed it... anxiety inducing !!!

So it's about time to start the search for the right funding can capital for your business. Let's dig in.

Although many business folks believe their challenges are unique in many respects the reality often is that depending on what industry you operate in there are certain characteristics that always define your capital and cash flow needs.

But one thing is for sure, you do have more choice than ever in your search for proper capital to grow sales and profits.

There clearly in the mind of Canadian business owners exists a gap in financing solutions. Working capital is needed by your firm for both long term and short term needs. Many companies are capital intensive, while some are cash flow challenged in other ways - i.e. financing current assets that are generated out of sales - i.e. receivables and inventory.


One of the best programs, bar none in Canada is a government sponsored guaranteed loan that goes by the name of CSBF loan, or BIL loan, and most people commonly call it the SBL Loan, which stands of course for small business . There is only one problem with it, as we tell our clients. It’s simply the program covers only equipment and leaseholds and real estate. So while it's an excellent solution for start up or younger firms it clearly won't help in the cash flow challenge.


Working capital needs are commonly day to day needs - other terms for it are operating lines of credit and net working capital. The two most common assets in this category are receivables and inventories. So short term working capital needs need to be addressed within those two asset categories.

What business person doesn't embrace the term ' free'?! There's actually some free financing! Its supplier financing, because the credit suppliers grant you has no financing charges applied to it, and by delaying payment of your payables you are in effect generating cash flow and working capital. But that must of course be balance off by the need to maintain positive supplier relations in the context of a long term business relationship.

A great problem to have is of course growing sales, and often the biggest challenge in the working capital environment is fast or dramatic growth of revenues. Sales are great, fast growing sales are even better, but at the end of the day they require your additional investment in receivables and inventory.


How can your firm finance receivables and inventory?

A number of solutions exist. They include:

Bank operating lines

Inventory financing

Floor plan financing

Asset based lending - Non bank full fledged business credit lines

A permanent cash flow loan that injects working capital but is paid back on a long term basis

Sale leaseback financing


Most small and medium sized business we talk to have a major challenge in obtaining the proper overdraft or line of credit facilities from their banks. Quite often they also have a hefty inventory component in their working capital needs and are unable to get proper margining on inventory.

Alternative non bank financing is increasing popular in today’s Canadian business finance environment. Alternative finance comes at a higher cost but often times can be the source of financing that takes your company to the next level of sales and profit growth.

In summary, yes working capital challenges can be complicated. You need to determine what your cash flow needs is, how they will be met, and if they aren’t being met by your current financing strategy consider alternative methods of working capital financing. And, as we stated, you can talk to a non-expert in this area, but we don’t recommend that!

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you end the search for working capital financing & funding for your particular business 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

Business Financing In Canada : Solid Tips On Cash Flow Finance & Company Finance Strategies & Solutions

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Looking to Enhance The Power Of Business Financing ?

OVERVIEW – Information on business financing in Canada. Numerous debt and cash flow solutions are available for your company finance strategy

Business financing in Canada probably can deliver on more options that most owners/financial mgrs might be aware of. The truth is some of these options are ' external ' and some might be surprisingly ' internal ‘. Let's dig in.

Taking on some business debt, or monetizing/cash flowing assets you already have (receivables/ inventory/ equipment) is the alternative to bringing more equity into your company. Yes, you don't have to repay equity but to the current ownership is simply a devaluation of what is currently a growing asset - your business! So while equity and new share capital is not selling all of your business, you're certainly selling a part of it.

That brings us back to external business financing solutions, which of course have a cost and risk to some degree. A preferred solution for many companies is the business revolving line of credit. That comes from one of two sources - A Canadian chartered bank, or alternatively a commercial finance company that is independent and unregulated as the banks are.

Those two types of credit line both give you liquidity and don’t add additional debt to your balance sheet. If managed and accessed properly those credit facilities grow as does your sales and asset base.

How can the owner/financial mgr increase cash flow ' internally '? The most obvious manner should be to accelerate your receivable collections. By the way, either the bank or commercial finance company will always be more impressed if your A/R is in good shape!

Don't forget also that you can bring in cash by postponing cash... outflows! How do you do that? Simply by managing payables more effectively, using long term asset acquisition strategies such as equipment leasing to acquire new assets, technology, software, etc.

Inventory is often a large component of many a firms overall asset base - certainly in the case of retailers. They can almost always be included in business credit lines as part of your overall financing strategy, but inventories can also be financed via inventory loans, and also as part of a purchase order financing solution.

Types of term debt and cash flow solutions available to your firm might include:

A/R financing

Revolving credit lines

Govt Small Business Guaranteed Loans

Royalty Financing

Unsecured cash flow loans

SR ED tax credit financing

Sale leasebacks

To ensure you're harnessing the true power of business financing seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and long term asset 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

Business Cash Flow : Funding Your Business Via The Right Finance Solution

How To Get Business Cash Flow To A Constant Positive Hum

OVERVIEW – Information on business cash flow solutions . Finding the right funding to finance your firm

Funding your business properly is a key for all business owners/mgrs. How does then do we finance business cash flow to the point where we have the right financing in place to continue and grow the business? The goal? A constant positive hum in cash! Let's dig in.

A great way to think of cash flow is simply focusing in how funds move via your incoming revenues and outgoing expenses. Pretty basic, right? , but when profitable business can even fail when cash flow fails that ' pretty basic' statement becomes all important.

Having the right financing in place is of course only one solution to the challenge, albeit an important one. For start up or earlier stage firms that is all important; yet at the same time the wrong financing at the wrong rates and structures is also a double edged sword , especially when financing is secured by your key assets.

We're all for growing sales revenues, but when you over extend credit and are improperly financed problems quickly arise. Those challenges are most often solved by monetizing current assets - your A/R and inventory. Finance solutions available? They include:

Bank revolving credit lines
A/R Commercial financing
Inventory loans
Asset based non bank lines of credit (They combine receivables, inventories as well as fixed assets into one credit line)

Some alternative funding solutions for current assets include SR&ED tax credit financing, royalty finance, and PO financing.

Those above noted solutions keep cash flow ' humming ‘, keeping suppliers, lenders, and employees ' happy'.

Another potential major drain on our ' cash flow hum ' is the need to acquire assets to run your business. While the temptation from such ideas as ' pride of ownership ' has some business owners/mgrs purchasing assets outright that can be a huge drain on our cash flow hum. The optimal solution here, more often than not is Equipment Financing/Leasing. Financing assets from daily operations is rarely the right thing to do.

We'll also mention that for those firms that have inventories the key to inventory mgmt is solid asset turnover and maintaining the right levels of inventory - always a challenge!

A good way to look at the 'big picture' in business cash flow is to isolate the movement of cash into what you can call the ' constant daily hum' of regular selling and collecting, while assessing ' non regular' outflows such as asset purchases, seasonal bulges in your business, new or large contracts.

When you're looking at the putting the right lending facility in place for managing business cash flow seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can ensure you're tapping into the right financing sources for your... cash flow hum.


Stan Prokop
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 CASH FLOW FUNDING 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