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Looking For A Restructuring Loan For Refinancing Your Business ?
Information on refinancing your Canadian company when a restructuring loan is required . Why Special Loans situations are not ‘special’ !
When you consider your firm is either in, or a candidate for refinancing or restructuring
that involves a focus that’s combined with what the finance folks call the ' stakeholders '. They include owners of the firm, lenders, and of course key suppliers. These situations are often dynamic and time sensitive, further adding to the excitement!
What are some of the benefits of working with someone, or a team that is experienced in this area? Naturally finding an individual or a firm that is as serious about your turnaround as you are is key... it’s that ' people thing ' we hear about so often. You're looking for both technical synergies and of course... solutions.
Naturally the final outcome of any restructuring can be different. It could involve the sale of the firm, a partial sale of equity, of more simply, a refinancing of the business that addresses the key issues and problems.
'Assets ' are key to turnaround and restructuring. Whether they are hard assets or perhaps future cash flows under recurring revenue model its all about keeping customers and injecting new cash flows into the business.
So what are some key elements required to get your firm out of ' SPECIAL LOANS ' and back into a day to day operating business cycle that you can live with .?
They might include asset sales, supplier term renegotiations, or financing of badly needed to assets to sustain and grow the business.
There are some key things you can expect in any restructuring of your company. First of all it usually takes longer than you think, a worst case scenario re timing is never wrong to have in place.
Financing solutions in Canada that work well with special loans takeouts include asset based credit facilities, bridge loans, sale leasebacks, and working capital financing re A/R and inventory programs that margin current assets to the maximum allowed.
The bottom line - restructuring and refinancing of any firm, small or large is rarely a fun cake walk! But solutions exist, so seek out and speak to a trusted credible and experienced Canadian business financing advisor today for the experience and special attention that this challenge requires
Click HERE for 7 PARK AVENUE FINANCIAL
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
