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Solutions To Working Capital & Cash Flow Challenges
Solutions to working capital problems for Canadian entrepreneurs work best when they come from the real world .. we can call it ' main street financing ' we suppose. Yes , you're right - this isn't the time for ' crowd funding ' !... what a concept that is .. having a million people send you 1$ . We wish we had thought that one up.
What then does the Canadian business owner and financial manager going to do regarding cash flow problems and working capital solutions when cash it at it's tightest. Even well operated companies require cash flow solutions for their profit and growth objectives ; client of 7 Park Avenue Financial tell us they just want to know how to get there.
Cash flow is of course ' fuel ' that will drive the combinations of growth and more profits, and allow you to run day to day operations with greater ease.
2 Ways To Achieve Optimal Working Capital Balance
Business owners can focus on two areas :
Sales .. and Asset Turnover !
Asset turnover is sometimes a bit of a surprise to business people that aren't necessarily grounded in finance, but the issue of turning over your assets in fact opens up a wide variety of potential solutions, most notably
Monetizing and Cash flowing Your Business Assets
By financing your assets and at the same time focusing on better turnover your overall profit/growth situation improves, almost immediately. It’s all about :
Turning Inventories
Collecting Receivables Faster
Financing Long Term Assets Profitably
Solutions To Working Capital & Cash Flow Needs
Working Capital Facilities
Short Term 12 Month Working Capital Loans Paid From Future Sales
Receivable Financing / Factoring / Confidential Receivable Finance
Asset Based Lending / Non Bank Asset Based Business Lines Of Credit
Chartered Bank Solutions
Leasing/Sale Leaseback
Tax Credit Monetization
P O Financing / Supply Chain Financing
All these key solutions can be structured from both traditional and alternative finance firms . Even better, certain solutions, structured properly can be cobbled together to increase your firm's total access to credit. It's all about monetizing the balance sheet , and your sales !
So how does the business owner/financial mgr actually figure out how much to borrow, and when? And don't forget the over riding question which is knowing how to balance the eternal questions of more debt or adding equity if in fact that is possible. Remember that many of the cash flow solutions here monetize assets and sales and don't require ANY dilution of equity ! That's a good thing from the business owners point of view.
For companies that have inventory its all starts at some sort of production cycle... but even service industries in technology or other areas have their own flavor of a working capital cycle .
A very simple rule to address working capital problems is that whenever your receivables and inventory grow you are going to have to address more working capital solutions.. it's as simple as that .
Speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success . Discover how you can address cash flow challenges... the right way. That’s of course if your crowd funding strategy doesn't work... and you can pretty well count on that one!
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
