Business Financing In Canada : Grown Up Loan & Growth Finance Solutions

Opportunity Lost – Is Your Company Missing Out For Lack Of Business Financing

OVERVIEW – Information on business financing options for Canadian companies . Growth Finance and loan opportunities identified and analyzed

Business financing in Canada often faces the challenges of ' opportunity lost ‘. Growth finance and loan and finance solutions are a part of your company ' growing up ' - so we're examining those ' grown up ' solutions that can accelerate your business success. Let's dig in.

Naturally it's a fine line between taking on too much financing versus the ownership capital in your business. Nevertheless it's every owner/mgr/entrepreneurs dream to not miss out on growth opportunities. Again it's that balancing act we've referred to in the past - being too aggressive in growth or simply...missing out and watching your competitors leap frog you.

In truth short term financing goals are probably easier to achieve than long term fixes. But if you take on the right type of debt and manage your cash flow and finances well opportunities abound.

In some cases , particularly for start up and earlier stage companies debt financing and monetizing existing assets is in fact simply a more realistic solution than searching for new owner equity capital.,

It's important to note also that the amount and type of business financing loans are also sometimes somewhat dictated by the type of industry you are in and how capital intensive it is. Also, as your company grows within you industry numerous types of financing emerge as being more applicable.

Loan and growth finance solutions that are a bit more ' alternative ' in nature include:

A/R financing/ factoring

Inventory loans

PO Financing

Asset based revolving business credit lines

Sale leasebacks

More established businesses with track records of achieving some level of financial success already include:


Bank operating credit lines/term loans
Equipment financing

Unsecured cash flow loans

Working Capital term loans


Knowing what type of capital all these solutions deliver on, and what they cost is key go growth finance success. It's all about ' linking' the type of capital you need to those growth opportunities.

As a general rule you need to understand how other companies in your industry finance their business, while at the same time understanding limitations around your current stage of growth and how much debt you either have in place already or are prepared/able to take on. Unfortunately the amount of loan accessibility is sometime also dependent on the lending markets current view of your industry, as some industries occasionally find themselves temporarily ' out of favor'.

If you're looking for ' grown up ' financing seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your loan 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: Growth Finance & Turnaround Options

Looking For A Business Financing Lifeline?

OVERVIEW – Information on business financing options in Canada. Whether your company requires turnaround or growth finance solutions it’s critical to understand these basics

Business financing in Canada
can be a mixture of both challenging turnaround situations as well as growth finance challenges. It's safe to say that companies grow, and decline for many different reasons. We're examining the whys and some of the ' lifelines’ around both of those situations. Let's dig in.

When you're looking for a turnaround in your business finances it's typically a ' running out of funding' situation. Many of these types of scenarios are temporary, in other circumstances long runs of not profits or cash flow lead to a non survival situation.

There are always different sources of capital and working capital for a business - they might include A/R financing, commercial banks, asset based lending solutions, equipment financing, etc. Internally businesses should never forget that even relations with suppliers can dramatically affect their cash flow.

Canadian chartered banks are often criticized for their lending practices to Canadian firms who are new or in the SME COMMERCIAL sector. We won't weigh into that argument other than to say that it often becomes difficult for a company to replace a lost funding source such as their bank relationship. Many firms access Asset based finance solutions such as factoring or inventory finance when their bank relationship ' dries up'. Firms in the retail industry rely heavily on some method of financing their key asset - inventories.

Growth finance also brings many of the same challenges as turnaround needs. That same need to financing inventory and receivables comes out of the need for businesses to financing working capital around their current assets - again it's all about A/R and inventory.

One top expert uses the term ' reputation' financing versus asset financing. In a traditional banking relationship it's all about that relation between your company and the bank - if you can satisfy banks on profits, cash flow and clean balance sheets its all systems go.

When that ' reputation' becomes tarnished out of the inability to satisfy traditional financiers it all comes back to asset based lending solutions Asset based lending solutions such as non bank credit lines or A/R Financing keep your business going until you get past historical difficulties or until the high growth you might be experiencing ' smoothes out' a bit.

Asset lenders feel very comfortable with the assets they finance - and the company benefits by getting the true financing they need to... you guessed it, survive and grow.

If you're looking for a business financing ' lifeline' seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can identify and provide the turnaround or growth finance solutions you need.


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

Growth Finance Options In Canada : Financing Business Expansion Without A Trip To Dismaland

Removing The Term Remote Chances From Your Growth Financing Prospects! Trip To Dismaland Not required!

OVERVIEW – Information on financing business expansion for Canadian business owners/mgrs. Growth finance comes with numerous options and it is important to understand benefits and implications

Financing business expansion in Canada doesn’t necessarily have to seem a remote reality when it comes to growth finance options available to the Canadian business owner/financial mgr. In fact, having worked with hundreds of clients over the years we're quite sure that journey for proper business finance solutions may well seek like a trip to ‘Dismaland’.

Dismaland? Check it out. For those not familiar it’s somewhat of a perverse real world play on Disney's famous theme park, only with a sinister note. But we digress, so let's dig in.

When your firm is at the stage where you wish to expand, especially when it comes to SME COMMERCIAL FINANCE options (small to medium sized enterprises in Canada) it might seem not that obvious where capital will come from.

Business owners/financial managers have, right or wrong, focused on ' banks' and ‘venture capital/angel investors' in many cases. Suffice to say that there are numerous options, (including some ' internal ' ones) that will allow you to handle new orders, acquire a competitor, or get your business quickly out of the gate if you're a start up. Some may be willing to give up ownership equity via a partner or silent partner arrangement.

Bank credit lines are a good example of financing your expansion plans. If your company qualifies (established, profitable, collateral worthy, etc) it's a solid option. In fact we just saw a TV commercial saying banks want your business.

The alternative to a bank credit line facility is the 'ABL'. It's an ' asset based' line of credit that combines your receivables, inventory and equipment into one borrowing base you draw from daily... only as needed '

Those other financing options? It boils down to assessing internally when and why you need the funding. Those options, when it isn’t from Canadian chartered banks are satisfied by commercial lenders who offer a variety of growth options.

For those firms that have built an asset based business the SALE LEASEBACK option is a solid growth capital tool. You still keep and use the assets, and acquire them back over a lease to own strategy - thereby freeing up cash through that process. Typically an appraisal will be required.

The bottom line? Focus on whether you're prepared to take on ‘debt’... or give up ' equity ‘. And by the way, growth can also be generated internally simply by pricing your product and services properly with good margins, and ensuring asset turnover in A/R and inventories is optimal.

A trip to ' DISMALAND'

is not a requirement when you want to grow your business. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can assist you in ensuring chances for financing business expansion are available.


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 EXPANSION 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

Got Growth Finance Know How ? Here’s Your Financing Cash Flow Tool Box!

A FREE DIY TOOLKIT FOR BUSINESS FINANCE!


OVERVIEW – Information on growth finance and cash flow financing for Canadian business. How can the business owner/manager maximize a combination of financing solutions.


What business owner or financial manager wouldn’t appreciate a nifty little tool kit

to address the fix for growth finance? Financing, and cash flow and working capital solutions can make or break your firm’s growth challenges. Let's look at what’s inside our toolkit. I guess you can say it's our version of DIY for business financing!

Growing (hopefully profitable!) Canadian firms are always looking at how to find that extra dollar to produce and invest in working capital. There are in fact numerous ' arithmetical' ways to calculate how fast your business can grow - they are very technical in nature, but the calculation numbers that will in fact tell you exactly how fast you could grow given your current performance . The tech term for that is ' Sustainable Growth Rate '.

That's all fine and dandy, our clients tend to want to jump right in and address real world ways in which they can accelerate growth, or in some cases slow it down - heaven forbid!

One of the 3 ways in which you can address the issue of growth finance is to speed up the cash flow that is already at the core of your business. How do you do that? More simple than you think - you speed up collections and improve inventory turns if in fact your business has an inventory component.
What you have in fact done is sped up the cash flow cycle, simply by working smarter and harder - and you didn’t even have to borrow!

When you in fact speed up that basic business cycle you're generating more cash that you can invest in your business... and growth. In effect you have accepted, and won the battle of being a better asset manager.

There are two other ways to address your growth challenges. One is to reduce costs - so in fact you have already accelerated cash flow by our better A/R and inventory management and you now reduce costs you have created a very strong, let’s call it... double whammy! Good business managers will always now how to reduce and watch costs - they can control fixed asset investments; negotiate with suppliers for better pricing. And trust us, those changes in your better gross margin actually much more dramatically allow you to grow - more than you think if you spend some time and do the calcs.

Another way to address growth is to look at increasing prices. Don’t forget if you can do that also you are at the same time improving margins.

We suppose the perfect growth finance situation is one in which you can use all three of our toolkit strategies. Just imagine being able to turn assets better, change your pricing, and lower your costs. It would appear our double whammy has become a triple whammy! We know every Canadian business owner and manager has the ability to pull of all three over any given period of time - but it's possible. And just success in any one of our three toolkit solutions will help your overall growth, financing, and cash flow.

Seek out and speak to a trusted, credible and experienced Canadian business financing manager who can assist you with growth financing solutions and advice.

7 PARK AVENUE FINANCIAL
CANADIAN BUSINESS GROWTH FINANCING EXPERTISE


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 :

http://www.7parkavenuefinancial.com/growth-finance-financing-cash-flow.html



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

Secrets To Growth Finance in Canada . Get Rid Of Business Funding Challenges Once And For All!

Canadian Business Financing



Information on growth finance strategies and tools for successful business funding in Canada



Business funding in Canada. As a manager or business owner growth finance tends to be ' top of mind ' when it comes to your job of being able to identify both the type of funds you need as well as the timing around that challenge.

Growth and yes, even survival in Canada revolves around three key elements, profit, cash, and general cash flows. If you ultimately can't get positive closure on those three issues, simply speaking, your firm won't survive, and we read about those casualties in the Canadian business papers everyday. It's ironic, but even companies that are experiencing some serious challenges can quite often be in growth mode.

The fundamental concept around growth finance is simple - as you sell more you need to build up more inventories, receivables, and probably some measure of fixed assets.

In the case of inventory and A/R you simply need stock on hand and your customers of course want, and often demand credit terms. Some even want better credit terms!

It might not be obvious, but as you grow you automatically become eligible for growth finance - as you pay you obligations in the ordinary course of business and customers pay you , you are in effect getting some measure of business funding - generally though .. NOT ENOUGH!

As your payables increase you have the ability to manage them for greater cash flow - in effect you're stretching your payables or asking your valued suppliers for better / longer terms. However, if suppliers perceive you as unable to pay, or slow pay you might find they are unwilling to assist, and in fact taking the opposite tact of shortening payment terms.

Whether you think business is great ( cash flow, profits, sales ) , or if you're experiencing challenges in any of those areas you cannot lose the fact that you need some measure of supplier finance as well as external business funding .

Many firms that find themselves in a crisis look to a couple time tested tools to accelerate cash flow internally. They do that by monitoring and focusing on sales to inventory and sales to A/R relationships. Managing those two carefully typically can get any company back on track.

Business funding in Canada, for the majority, is done via or chartered banks. But many firms find they might no longer be in a position to either get any business credit, or, as common, the amount of credit they need.

So are there secrets and alternatives to other Canadian business financing alternatives? New capital and cash flow can come into your company from a variety of sources.

They include:

Receivable financing
Asset based lending
Sale leaseback / bridge loan strategies
Tax Credit Monetization
Unsecured cash flow loans

All of these are available from a variety of sources. The trick or challenge rather is determining which one you need, when, and from whom?


Speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in determine solutions to growth finance.

7 PARK AVENUE FINANCIAL

CANADIAN GROWTH FINANCE EXPERTISE








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/growth_finance_business_funding_canada.html






Stan Prokop