Want To Finance Working Capital ? Here’s Your Sources Of Cash Flow Financing

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Want To Solve your Canadian Working Capital Crisis – Today ? !


Information on how to identify sources of cash flow when Canadian business owners want to finance working capital . How do these financing solutions fix your cash flow challenge

Are you focused on succeeding in financing working capital for your company? If you want to win that battle, and we categorically think business and cash flow financing is in fact a daily battle for most business owners... well you must be aware of the roots of your challenge the and sources and solutions .

As we head into the 2011 business year we're clearly coming out of a time when for many firms such as yours sales were down, margins eroded, and most importantly cash flow financing seemed to dictate where your firm was heading from a success point of view .So how can you assess how profits and growth can be managed from a viewpoint of cash flow financing.
The answer - your scorecard! What do we mean by that ?Simply speaking knowing where your working capital is tied up, and what is the cheapest method of unlocking sources to cash flow financing . And, although it’s a surprise to our clients more often than not, ' cheapest ' doesn’t necessarily mean ‘whats my interest rate '.

Can you point to your working capital? We can. It's tied up out back, in the form of inventory, receivables and equipment you've invested in, via fixed assets.

So business owners can hopefully start to see now that the secret or ‘holy grail’ to that unlocking of cash flow is freeing up cash you've got tied up in those assets. We will point out as a side note that you also have to manage those assets for prompt turnover - that comes with billing promptly, collecting receivables when they are due , and ensuring you have financing mechanisms in place, if you need them , for inventory and equipment .

Many business owners don’t realize that the inventory and equipment can be turned into sources of working capital. Those two assets can be combined as a part of a working capital operating facility , which for larger transactions is known as an asset based line of credit .

The hallmark of being able to finance working capital, more often than not, is managing your receivables. We can categorically say that although the majority of clients have 30 day terms to customer’s typical collection periods actually seem to be 60 and, yes, even 90 days.

How can you monetize that critical asset? In a perfect world (by the way its not) you access receivable financing via your bank. That comes with obligations though, including your need to maintain clean financials, show a profit, and meet ratios and covenants. So it’s agreed. What's plan B!

Plan B can also bring you closer to finance working capital solutions. Plan B could involves the following - securitizing your receivables if you are a mediums size or larger firm . Smaller firms and start ups and monetize A/R via selling their receivables, taking them off the balance sheet, and receiving cash flow today that can be re invested in the business. Terms for this type of financing are invoice discounting, factoring, confidential invoice discounting, etc. If your firm has decent gross margins, good clients, and can you're able to increase sales and profits by having additional cash on hand these solutions are for you.

The long term solution for cash flow could be more equity in your business, or borrowing via term loans for cash flow. Those as viable, possible, but consider your short term options first - giving up equity or taking on debt are not fabulous working capital strategies.

In summary, to keep you business running you must asses your cash flow needs and priorities .We have named 5 or 6 immediate and available solutions to consider. Speak to a trusted, credible and experienced Canadian business financing advisor on cracking those sources of cash flow 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

Click here for 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 .

' 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 Credit In Canada . Knowing When You Need Financing Options And Sources

How’s Your Business When It’s On The Operating Table ?


OVERVIEW – .Information on business credit and financing options for Canadian business. How does the owner / manager assess the need for finance options and sources of capital in Canada




Business credit financing options in Canada. Sources are capital are consistently sought by owners and managers of Canadian firms. One way to assess the type of financing you need is by putting your company on the ' operating table '. Let's examine some basic techniques, strategies and real world solutions that will provide meaningful answers to the eternal question ' Where's the money '. Let's dig in.

Whether you call it an 'art' or a ' science ' the answer to the type of Canadian business financing that you need lies in looking at your companies practical situation and looking for quite easily found ' clues ' your over solvency and liquidity in terms of day to day operations and growth .

A top priority for the business owner / manager is to ensure they understand current and long term solvency of their firm. It's that overall solvency that allows you to get credit from banks and commercial finance firms offering a wide variety of non - bank solutions. Those non bank potential financing solutions include:

A/R Finance
Inventory Financing
Asset based business lines of credit
Sale leasebacks
Equipment financing
Bridge loans
Unsecured Cash flow loans
Tax credit monetization
Supply chain /PO Finance

When your company is on that operating table don't forget to check the patient for ' circulation’. However the circulation we're talking about is how your current assets circulate - typically that’s the flow of your cash to inventories to receivables and back to... you guessed it... cash! Your circulation is excellent if you're collecting your A/R to terms and turning inventories over promptly.

It's another reality that short term cash, liquidity and solvency issues don’t fix your long term capital structure. Always be cognizant of the amount of debt you are carrying relative to owner equity.

Three great ' buzzwords' to keep thinking of as you assess your solvency and financing options are:

Trends
Changes
Movement of cash

Business credit in the short term typically revolves around inventory and A/R turns.

While all business owners we meet consider their firms unique the reality is that you can easily benchmark your balance sheet and operating results against others in your industry.

Ownership of assets such as equipment and real estate requires that you seriously consider your ability to generate profits and cash flow - notwithstanding that the assets themselves are the actual collateral for the debt.

We're always impressed by business owners/managers that maintain on going income and current asset information - aka ' budgets'. These allow you to assess current and seasonal needs. They are great tools to impress and secure bank financing in Canada.

Certain types of financing can help the business owner address unrealistic debt burden. Many businesses in Canada are simply weak because of what we can only call ' inadequate financing '.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in assessing business credit needs and identifying financing options and sources of capital and cash flow.



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 :

7 Park Avenue Financial = Canadian Business Financing Options






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

Have Business Funding You’re Proud Of ? Options And Sources Of Cash Flow Financing Revealed !

We Hate It When We’re Right All Along About Business Financing



OVERVIEW – Information on business funding options in Canada . Access To sources of cash flow financing and debt financing might be closer than you think





Business Funding Options in Canada. And we have to say, this is starting to get embarrassing, because it seems as if these days, all of a sudden all the experts seem to agree with what we've been preaching all along. And to prove it? ... There it was again - a major article just the other day in one of Canada's two best daily business papers entitled ‘ CANADIAN BUSINESSES FALTERING DUE TO LACK OF FUNDING ' - Feb 16/2013

Wow, is it just us or is everyone finally catching on? And the gist of the article - summarized it would be as follows:

There is less mid sized companies these days

Competition and the ability to ' access capital ' were driving businesses to failure

Many mid sized firms are getting smaller, not bigger!

And the solution offered in the article - ' MORE RESEARCH’!!!!! ??????


We're all for academia , but we work in the real world everyday, so lets discuss and offer up some real world solutions on Canadian Business Financing ! And we're talking about financing that you can be proud of when it comes to growth, profits and costs commensurate with your credit quality.

So how in fact do you access sources of cash flow when it comes to assessing need and availability of solutions? Canadian business owners are looking for straightforward solutions to finding funding. Those funds are used for starting, funding, or growing your firm.

In fact we feel that many sources are simply overlooked or not even utilized properly. Oh and by the way, there's probably no one single perfect solution for financing your firm - it’s a mix of pros and cons and risk based on amount and type of business funding you're seeking.

Critical to the aspect of sourcing funding for your firm ( that's beside some expert help!) is ensuring you understand both warning signs of capital issues in your company, as well as the criteria required for the solutions. Those two points can save you a lot of time.

As we have hinted, you only will find out the solutions to your financing needs when you recognized proper warning signs and need. Liquidity is very close to the top of the pile! Your ability to operate daily is key to satisfying senior lenders who have financed your firm

In Canada numerous business finance options are available to bolster your firm’s success. They include:

Asset based ABL non bank lines of credit
Sale Leaseback solutions
Receivable financing facilities - aka ' invoice factoring'
Purchase order/ supply chain finance
Tax credit monetization - (SR&ED)
Working capital facilities that combine A/R and inventory
Unsecured cash flow loans
Government Small Business Loans - ‘SBL’

Your ability to manage and finance asset turnover is key to being proud that you have accessed options that make sense for your firm. Seek out and speak to a trusted, credible and experienced trusted credible and experienced Canadian business financing advisor who can assist you with cash flow sources and business funding options.




7 PARK AVENUE FINANCIAL
CASH FLOW 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/business-funding-options-sources-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

Creative Debt Financing Sources For Canadian Business . Canada Business Loans And Monetization Strategies

Debt Financing In Canada


Information on sources of debt financing in Canada . Business Loans In Canada for the right reason !



Debt financing sources in Canada. Most business owners and financial managers would agree that a little creativity can sometimes go a long way in helping a business achieve the stability and financial resources a business need to succeed.

Let's take a quick ' tour ' around some of those sources which include term loans, leases, and some other less known types of financing.

The reality is of course that different sources of debt meet different needs, so you need a sense of the ' lay of the land' when you're evaluating solutions.

It's also all about not ' wasting time ' and there is no better example of this in Canada than spending a lot of time, and in some case dollars in pursuing Chartered bank financing in Canada that will not happen .

Canada's chartered banks are the backbone of Canadian business finance. They are trusted proven providers of capital... if, and it’s a huge if, you can meet their criteria. However in fast moving or tough economies, while the banks would in fact be the best solution for you business, the reality is that on occasion they aren't suited to very specific needs.

Are there some quick ways to evaluate your ability to positive secure bank debt? There definitely are, and if you feel you can meet 4 - 5 key criteria then you should absolutely pursue Chartered bank debt in Canada.

What are those criteria then? Simply speaking they are profits, assets and collateral, sound operating ratios, repayment with outside collateral ( personal net worth issues, etc ), and finally your ability to summarize all that, typically in the form of a business plan or executive summary .

Banks look for positive cash flow. When you line up ' cash flow lenders' with ' balance sheet lenders ' banks typically are in the cash flow line up, required a positive cash flow ratio of typically 1.25: 1.

When it comes to collateral required for loans banks focus on the more liquid ones, such as receivables and verifiable inventory (not always inventory though).

Operating and liquidity ratio calculations play a key role in bank loans. They include leverage via debt to equity calcs, our aforementioned cash flow ratio, working capital rations, etc.

You can absolutely be expected to be asked for a personal guarantee when it comes to bank debt financing in Canada. Other sources of financing may also include personal guarantees, but they play less of a role in final approval.

You have to be able to summarize a bank proposal effectively. This can be done via a Canadian business financing advisor, your accountant, or some other third party. It’s critical to put forth a realistic financial and operating document that demonstrates repayment and viability.

Other sources of debt financing for business loans include asset based lenders, lessors, the government SBL program, cash flow loans, etc.

It's clear that it becomes a case of identifying what you need, and what you realistically can qualify for.

Speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in identifying sources of debt finance and loans in Canada that make sense ... specifically for your firm!

7 PARK AVENUE FINANCIAL
CANADIAN DEBT 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 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/debt_financing_sources_canada_business_loans.html



















Stan Prokop

Want To Finance Working Capital ? Here’s Your Sources Of Cash Flow Financing

Are you focused on succeeding in financing working capital for your company? If you want to win that battle, and we categorically think business and cash flow financing is in fact a daily battle for most business owners... well you must be aware of the roots of your challenge the and sources and solutions .

As we head into the 2011 business year we're clearly coming out of a time when for many firms such as yours sales were down, margins eroded, and most importantly cash flow financing seemed to dictate where your firm was heading from a success point of view .So how can you assess how profits and growth can be managed from a viewpoint of cash flow financing.
The answer - your scorecard! What do we mean by that ?Simply speaking knowing where your working capital is tied up, and what is the cheapest method of unlocking sources to cash flow financing . And, although it’s a surprise to our clients more often than not, ' cheapest ' doesn’t necessarily mean ‘whats my interest rate '.

Can you point to your working capital? We can. It's tied up out back, in the form of inventory, receivables and equipment you've invested in, via fixed assets.

So business owners can hopefully start to see now that the secret or ‘holy grail’ to that unlocking of cash flow is freeing up cash you've got tied up in those assets. We will point out as a side note that you also have to manage those assets for prompt turnover - that comes with billing promptly, collecting receivables when they are due , and ensuring you have financing mechanisms in place, if you need them , for inventory and equipment .

Many business owners don’t realize that the inventory and equipment can be turned into sources of working capital. Those two assets can be combined as a part of a working capital operating facility , which for larger transactions is known as an asset based line of credit .

The hallmark of being able to finance working capital, more often than not, is managing your receivables. We can categorically say that although the majority of clients have 30 day terms to customer’s typical collection periods actually seem to be 60 and, yes, even 90 days.

How can you monetize that critical asset? In a perfect world (by the way its not) you access receivable financing via your bank. That comes with obligations though, including your need to maintain clean financials, show a profit, and meet ratios and covenants. So it’s agreed. What's plan B!

Plan B can also bring you closer to finance working capital solutions. Plan B could involves the following - securitizing your receivables if you are a mediums size or larger firm . Smaller firms and start ups and monetize A/R via selling their receivables, taking them off the balance sheet, and receiving cash flow today that can be re invested in the business. Terms for this type of financing are invoice discounting, factoring, confidential invoice discounting, etc. If your firm has decent gross margins, good clients, and can you're able to increase sales and profits by having additional cash on hand these solutions are for you.

The long term solution for cash flow could be more equity in your business, or borrowing via term loans for cash flow. Those as viable, possible, but consider your short term options first - giving up equity or taking on debt are not fabulous working capital strategies.

In summary, to keep you business running you must asses your cash flow needs and priorities .We have named 5 or 6 immediate and available solutions to consider. Speak to a trusted, credible and experienced Canadian business financing advisor on cracking those sources of cash flow financing.

--


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 50 Million $$ of financing for Canadian corporations .Info re: Canadian business financing & contact details :

http://www.7parkavenuefinancial.com/finance_working_capital_sources_cash_flow.html