Equipment Lease Financing In Canada : Critical Deal Factors

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What's Up With Equipment Lease & Loan Strategies ? We've Got The Dirt!

Information on equipment leasing in Canada. Knowing the critical deal factors involving equipment leases and loans allows you to acquire assets in a cost efficient matter

Equipment Leasing and financing in Canada can seem complex to many Canadian business owners and financial managers in Canada.


Let’s share and discuss some of the absolute key things you need to focus on to know that your firm has a competitive deal and that you have received pricing and transaction flexibility commensurate with your needs and original business goals for this type of financing .



First, and foremost – pick your partner. There are tens and actually hundreds of small and large lease firms in Canada. Some are Canadian, some are foreign subsidiaries, and some are small, while others are larger than large – think Canadian banks as an example , as they play a large role in the industry and compete with independent commercial finance firms

If you have all the time in the world to stop your business and investigate various aspects of lease financing in Canada, and who your best partner firm might be, then by all means go ahead, we’re actually jealous! But if you don’t have that luxury simply speak to a trusted credible and experienced business financing and lease specialist to determine what firm most suits your needs re rates and structures and flexibility.



Secondly, we’re talking about equipment leases and equipment financing – but did you know that you are also required to know about the type of lease you want – either a lease to own, or what is termed an operating lease. In the case of an operating lease you are opting to use the equipment, and have no stated intention of owning it. However a properly structured operating lease will in fact give you the flexibility to return the equipment, upgrade it, or even purchase it for fair market value. You can now start to see some of the benefits hopefully of choosing to deal with an expert in this area of Canadian business financing.



Payments are another key issue in lease financing in Canada. You naturally want a competitive rate – the answer to that is very simple. If you properly demonstrate through your application that you have the ability to repay and that your firm needs the equipment to generate revenues and profits then quite simply you deserve and should get a good rate. Leasing rates in Canada range from prime plus one to in the high teens based on overall credit quality and asset that you are financing, plus the term of your lease.



Let’s look at a quick simple example of how you can save thousands of dollars by simply ensuring you have a competitive deal in place. Lets say you are buying some equipment for your manufacturing facility and that it costs 110,000.00 . Let’s assume you either wish to, or have been requested to put 10k down, so we’re financing 100,000.00. You estimate the equipment will last you 5 years. Your vendor is quoting you a rate of 9.5% - that would mean that your monthly payments are 2083$.



Let’s now assume you speak to a leasing specialist and he determines that you actually qualify for a rate of 8.5%. . Your new payment is now in the 2037$ range. That’s only 46$ you say, but over the term of the lease you are approaching close to three thousand dollars in savings. Don’t always focus on rate, but ensure at the same time you are getting a competitive rate commensurate with your credit quality.



In summary, lease financing is a solid equipment acquisition strategy. You need to understand the Canadian lease equipment environment, choose a solid lease partner firm, and focus on obtaining the best rate, term and structures for your acquisition – one that meets your business goals around growth and profit generation around the asset being financing. Speak to an experienced advisor in this area to ensure you are entering into the right type of lease transaction.



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

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

Equipment Leasing Companies - Three Things You Must Know About Equipment Lease Finance In Canada

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Acquiring Assets For Your Business Is A Problem and Challenge - Here's A Solution

Information on lease finance and equipment leasing companies provide solid asset financing solutions for Canadian businesses who know how this financing strategy works

Most Canadian Business owners know all about the advantages of leasing business equipment and other assets in the Canadian marketplace . If you don’t know those advantages you should .

But what are the 3 things that you need to know to achieve maximum rates, terms and structures for your firm. Here are those three critical elements and information you can use to your advantage in negotiating the best lease financing for your equipment acquisition.

Here are the three things you need to know:

1. Customers get to pick their own lease rate


2. Any asset can be financed

3. Who you deal with will ultimately decide whether you have been properly successful in negotiating the best lease financing


So, clients ask - How is it possible that we as clients get to pick our own lease rate? Isn’t that impossible? Here is what we mean by that, as clients are always surprised by our comment. In fact they jokingly confirmed they would like the lowest rate – wouldn’t we all.

When we make the ‘pick your own rate ‘statement what do we really mean. Simply that all leasing firms have to be competitive to stay in business. In leasing your rate, and in fact the overall structure, is determine by your credit quality. No one knows your firms credit quality better than you the Canadian business owner or financial manager - the best rates in Canada are achieved if you have growing sales, growing profits, and growing cash flow. In fact, whether you like it or not, your ability to show historical and future c

rowth will allow you to properly project the fact that you deserve a market competitive rate. Leasing companies do a poor job of conveying rate sometimes, they use rate factors and terminology such even industry people get confused on – those terms might include things like ‘ residual, full payout, down stroke, bargain purchase option, effective rate, ‘ etc, etc .

In most cases when assets your are acquiring are significant it is strongly recommended that you utilized the service of a trusted, credible and experienced business lease financing advisor who will work on your behalf to wade through the terms and the rates and proposed structures on only your behalf.

Let’s move on to Critical point # 2 in our info – all assets can be financed. Many firms are not aware the both new and used equipment can be financed. The financing of used equipment in Canada is a huge business. Another key point we can make here is that soft costs can often be included in your lease.

One of the largest soft cost components in leasing today is software – many are not aware that software can be financed. And when it comes to equipment for shops and plants you can often include maintenance, warranty, installation, and delivery as part of your overall lease financing strategy. Customers lay out thousands of dollars only to be told by us that they could have saved that valuable cash flow and included it in the lease.

Finally, point 3 – Leasing in Canada is fragmented and diverse. Companies do business geographically, in some cases only by asset type – i.e. computers, technology, and firms in Canada might do business here but be foreign owned and funded. Investigate who you are dealing with to ensure you have a proper match with your required lease financing benefits.

Being a well informed lessee in these three critical areas will undoubtedly guarantee you lease financing success.



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

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

Looking For A Gamechanger Strategy In Technology / Computer Financing For Your Company ? We've Got One!

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Looking For A Gamechanger Strategy In Technology / Computer Financing For Your Company ? We've Got One!

Information on computer leasing and technology financing in Canada - The right acquisition financing strategy in these types of assets is critical

Computer Leasing – the lease financing of business computers and technology is probably the best example of your Canadian business utilizing classic benefits of lease financing.

Why are Billions of dollars of computers and related technology leased every year – The answer is that the computer industry seems always in the forefront of new and leading edge technologies. As consumers we know in our home purchases how quickly we might be feeling that our technology for home computing is out of date, not fast enough, doesn’t have enough bells and whistles, etc .


The classic benefits of lease financing are generally known to most Canadian business owners and financial managers – they include the ability to upgrade equipment easily or at the end of a lease term. Many organizations, especially moreso if they are larger are not looking to spend large sums of their capital budgets all at one time on computer upgrades.

We refer to ‘ computers ‘ – but to be clear computer related financing includes everything you might be thinking of in a technology acquisition – that includes the actual personal computers, servers, mainframes if that is appropriate, application and operating software, as well as maintenance contracts and service contracts . The total dollars spent on computing power in any organization is always significant relative to the total of any company’s capital budget.


Additional benefits include the ability to contain debt on your balance sheet, remove debt entirely and still acquire your computing power ( operating leases do that ) and also you have the ability to influence cash flow via fixed or variable payments . Many customers choose to pay leases on a quarterly or sometimes even on an annual basis, although monthly tends to be the most popular method.


We have spoken of obsolescence, and also referenced the fact that computer and technology leasing is a classic ‘poster boy ‘for lease financing. That is because as technologies change you do not want to be locked into the inability to acquire more computing power for the same or less money. The author worked in computer financing for over 20 years, and whether it was dealing with the CFO of some of Canada’s largest organizations, to small start ups during the’ dot com’ era – all of these people recognized the power of technology financing .


Let’s illustrate via a simple but clear example -. You need to purchase 100,000.00 of computers and related accessories – Typically your monthly payment would be, over a 36 month term approximately 3100.00/ month.

If you had paid cash for the purchase you would probably find in two years you needed new computers – you have spend 100,000 in cash, you own old technology which is depreciating, and newer computers and software are being used by all your competitors to gain a competitive advantage .


What might you have done? What would an alternative business financing strategy be? Well , if you had leased the computers and structured the transaction as an operating lease here what you would do – you would return the computers to the lessor , order the new computers , and you payment would stay the same or in some cases be less !

And of course now you have regained competitive advantage in your marketplace if you place an emphasis on computer power, internal infrastructure, and access to your data, ET c


That is just one of many, many ways in which computer lease financing is a powerful financing strategy. Talk to an experienced business financing advisor who has credibility and experience in this type of financing – You will soon find your firm is also ‘leading edge ‘in financing!


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

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

Equipment Financing : The Solid Financing Alternative For Canadian Business

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Anxiety Attack When It Comes To Acquiring Business Assets? Problem Solved !

Leasing Equipment in Canada continues to be a major source of Business financing for Canadian business owners and financial manager. Many hundreds of millions of dollars was invested during the past year in plant equipment, computers, software, and other capital assets purchased by Canadian firms who are optimistic about the future.

The average Canadian cannot probably fully appreciate the breadth of assets that are financing by leasing companies in Canada. From aircraft, to computers, to office equipment, to mining and plan machinery, if it was a revenue producing asset Chief Financial Officers, business owners, and operations mangers all probably considered lease financing as an alternative to purchasing the asset outright.

There are many accounting and financial aspects to lease financing in Canada. Capital leases , which are leases presuming your firms ownership of the asset are recorded on balance sheets, operating leases are buried deep in the footnotes of your firms financials – in those cases you are using the asset with , generally speaking, no intent of owning the asset. With changes forthcoming in world wide accounting treatment of leases more and more firms seem to be opting for capital lease transactions.

One of the major beneficiaries of lease financing is IT leasing, aka computer leasing .As the Canadian economy continues to slowly improve after a somewhat disastrous 2008 and 2009 more and more firms are upgrading computers and technology . It is not surprising that in one of the fastest areas of ‘asset aging ‘, i.e. computers that more and more firms wish to upgrade assets.

When we start to consider the huge amount of capital expenditure that is involved in purchasing computers it makes perfect sense that business owners, ‘ IT ‘ managers, and chief financial officers reflect on lease financing as a solid solution for this asset class. Although computer and other related technologies (i.e. telecom) continue to drop in price and provide more performance at the same time the current low rate environment, in addition to cash flow savings, make lease financing a strong business financing choice. As we have said many times in the past, as a general rule you want to use a computer, not own one.

In many cases it is the manufacturers themselves that provide major incentives for the customer to finance technology via the equipment lease. This makes sense of course given they retain a certain amount of account control and influence on future purchases and upgrades.

Naturally prudent business owners and financial mangers will want to ensure they clearly understand the lease rates, their ability to purchase, upgrade or return the equipment, as well as having a solid knowledge of any hidden fees with respect to maintenance, returns at end of lease, etc.

Canadian business owners who place a strong importance on understanding all their financing options with respect to asset financing and leasing should ensure that they retain the services of a trusted an experience lease advisor who can ensure they will receive optimal rate, terms, and structures in their asset financing needs .



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

Commercial and Industrial Equipment Leasing Solutions

Information on commercial and industrial equipment leasing and financing in Canada. What are the benefits of this financing strategy and why is it an alternative to bank financing?

Canadian business benefits from commercial leasing and industrial equipment leasing when it comes to asset acquisitions for growth and profits.

As a small or medium sized business owner in Canada you do not want to deplete your cash resources. We would point out that larger, even public corporations in Canada have that same pressure, because when they report to shareholders the focus of their investors and shareholders is often cash flow growth and preservation.

Business owners and financial managers in Canada look to lease financing as an alternative to taking on bank term debt. Canadian chartered banks do not provide lease financing; they structure your asset acquisitions as loans which supplement your existing borrowing arrangements with the bank.

Quite often, as with any asset acquisition, its all about the monthly payment and more often than not you will find that the lease financing solution provides you with the lowest monthly payment, and in many cases you can arrange that payment to reflect your actual working capital situation - i.e. seasonal payments, skip payments, quarterly payments (if desired) etc. That is true flexibility.

Most lease financing solutions in Canada are at a fixed rate, but in some cases variable rates are also offered.

When clients ask us what are some of the major challenges or pitfalls of equipment leasing and financing we advise them that questions can be answered in a very simple manner - business owners need to focus on which benefits of lease equipment financing appeal to them and then work with a partner who can deliver optimal rates, terms and structures based on your firms overall credit quality.

The challenge for Canadian business is working through the plethora of hundreds of equipment finance firms, many of which may not be suited to your type of asset acquisition and your firms overall credit quality. In Canada rates on equipment leases depend on the size the of the asset, the financial strength of the leasing company (they borrow money too!) and the overall credit quality of your firm. Leasing when it comes to pure interest rate focuses on your ability to generate future cash flows to make the monthly payment.

Thousands of leases are written every year in Canada for commercial, industrial and construction equipment when the historical cash flow of a customer does not necessarily reflect the future ability to pay. In that case the lease becomes what is known as 'structured ', which simply means that a down payment might be required, the term of the lease might be shortened, and in some cases some additional collateral might be required Lease firms are in business to write leases, so usually every effort is made to complete a transaction that makes sense for all parties.

We advise customers to work with a credible, experience and trusted advisor in this area who can help your firm navigate the occasionally complex world of equipment financing in Canada. When you are successful you will have benefited from one of the great financing strategies of Canadian business - improved cash flow, prompt approvals, flexible payments and potential tax and accounting benefits. Those are great reasons to lease finance your assets.

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













Article Source: http://EzineArticles.com/expert/Stan_Prokop/432698

Article Source: http://EzineArticles.com/4440780

Equipment Financing In Canada : Addressing Lease Finance Options Via Traditional & Non Traditional Leasing Solutions

New Year - New Ways To Consider Equipment Financing Needs In Canada

OVERVIEW – Information on equipment financing in Canada. Properly constructed lease finance solutions provide a number of diverse options when it comes to leasing assets & technology that your company requires

Equipment financing decision in the New Year ? The good news is that lease finance may well be one of the easier finance decisions you might have to make in Canadian business financing choices. The trick - be well informed. Let's dig in

Naturally you don't have to finance the new assets or technology that your company requires. That situation brings up the issue of what is known in business as the ' lease vs. buy ' conundrum. In some cases you want to own the equipment at the end of your lease - other times it's all about using and returning it.

Those two scenarios - owning or renting the asset are in effect the two ' flavors ' of lease financing in Canada - capital leases and operating leases respectively.

Operating leases tend to be very attractive to your firm if your overwhelming desire is to 'use 'the asset, not to 'own 'the asset.
Equipment leases and equipment financing in general is clearly the alternative to bank financing or taking out a term loan for the equipment. Most businesses in Canada time and time again tend to utilize equipment financing in many cases simply because it is easier to get approved as well as you tend to be in a position to close the financing in a much shorter time frame .

While banks offer lease financing thru their ' leasing ' divisions , or even simple term loans for asset finance the general consensus is that bank financing takes longer to approve, and may well come with some restrictive covenants.

The true power of leasing equipment comes from the fact that companies of all credit quality qualify for approval. And by the way even used equipment can be financed. Firms that might not have stellar credit still utilize lease financing - in most cases the rate might be higher or the transaction will require some ' structuring '. In certain cases certain assets may be better leased/financed via a firm that specializes in that type of equipment or industry.

We should also mention that almost any asset in Canada can be financed, from high end costly industrial equipment leasing all the way to something more esoteric as computer software. The fundamental precept of lease equipment financing is that the asset itself is the main collateral for the loan.

Key in presenting your lease application is the ability to demonstrate how the asset will benefit your business and that your firm can handle the monthly payment obligation that comes with the lease.
The two concepts that a lessor looks at is primarily cash flow and your overall debt position versus equity. This basic concept is known as sale leaseback financing.

Much is written on the key advantages of leasing - at the end of the day they can be summarized as follows:

- Your ability to acquire the asset you need while removing the key obstacle of ' cost’

- Term - You want to be in a position to match the term of the lease with the expected useful life of your asset acquisition

- Tax advantages - talk to your accountant, as in many cases it is more advantageous to lease rather than purchase or take out a loan

- Payment flexibility - payments can very often be matched to the seasonality and cash flows of your business

Is there a bottom line for your asset acquisition plans in the new year? It simply that you should consider lease financing as a key component of your Canadian business financing toolkit,

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your 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 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