WELCOME !

Thanks for dropping in for some hopefully great business info and on occasion some hopefully not too sarcastic comments on the state of Business Financing in Canada and what we are doing about it !

In 2004 I founded 7 PARK AVENUE FINANCIAL. At that time I had spent all my working life, at that time - Over 30 years in Commercial credit and lending and Canadian business financing. I believe the commercial lending landscape has drastically changed in Canada. I believe a void exists for business owners and finance managers for companies, large and small who want service, creativity, and alternatives.

Every day we strive to consistently deliver business financing that you feel meets the needs of your business. If you believe as we do that financing solutions and alternatives exist for your firm we want to talk to you. Our purpose is simple: we want to deliver the best business finance solutions for your company.



Showing posts with label sred financing. Show all posts
Showing posts with label sred financing. Show all posts

Friday, August 11, 2017

How To Decide If SR&ED Financing For Your CRA SRED Is Right For Your Firm














Would Cash Flowing Your CRA SR&ED Claim Work For You ? We Won’t Bore You With The 4 Billion Details






OVERVIEW – Information on Sr&ed financing bridge loans. The ability to cash flow your CRA Sred receivable provides valuable cash flow today - eliminating the waiting!




SR&ED Financing; We won't bore you with the 4 Billion details. We are of course talking about the CRA Sred program and the billions ( around 3-4 Billion dollars annually ! ) of sred grant funds that are of course non repayable and distributed to Canadian privately owned firms on a yearly basis . Let's dig in.

If you know the program and you know what we are talking about as a Canadian business owner or financial manager then you're ahead of the game already. The real basics are of course that the program is technically called the Scientific Research and Experimental Development Program - aka SR&ED, providing those billions of dollars we talked about back to firms such as yours in the form of non-repayable grants to literally all sectors of Canadian business.

So we are focusing on your decision as a claimant to wait for your refund on your expenditures, or consider the option of financing the claim to accelerate your working capital and cash flow. We're all familiar with the cliché that size isn't important - but in the case of your CRA Sred claim it plays a bit of a role in the overall ability to finance your claim.

We have to backtrack a bit and first of all answer one of our clients typical first questions, which is simply - is a sred financing achievable and who actually finances these claims ? In Canada we are aware of one of the chartered banks that finances sred claims, we have a strong opinion that the overall financing of your claim with a bank is subject to many other bank criteria.

We think you know what we are getting at, so the reality is that sred claims are financed 99% of the time by the private sector via boutique firms. Therefore we encourage readers to seek the services of a trusted and credible and experienced sred financing expert who can guide them thru the process.

So once you have found your sred partner firm in this area we again circle back to size. In general Canadian claims in excess of 250k tend to be financed more efficiently and economically for both the lender and yourself. Claims are financed as a general rule at 70% of the LTV relationship, referring of course to loan to value. So on a 250k claim you would net 70% of your combined federal and provincial claim.

You would consider financing your sr&Ed under the following conditions - as a first time or previous filer you have confidence your claim was prepared by an experienced party. You also should be in need of the cash flow (who isn't) as sred rates are typically higher than traditional financing rates. Timing is everything and typically a sred financing can be achieved in 2-3 weeks, with the usual due diligence around your claim, the collateralizing of the claim, and any related paperwork and applications.

If your company can put the cash flow to use to retire term debt or payables, increase sales, or, dare we say, to start the R&D re investment process all over you are a strong candidate to finance your sr&Ed.



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.









Tuesday, August 1, 2017

SR & ED (SR ED) Financing / Factoring In Canada














Sr&ed Program - Going Going ..Who Knows : SR&ED Financing - Here!






OVERVIEfW – Information on the financing of refundable tax credits in Canada. The SR&ED program provides valuable capital to businesses investing in r&d capital programs - SR ED Bridge loans make sense - here is why !







SR&ED refundable tax credits are in the news a lot these days. Things seem to be always changing, sometimes in a big way, sometimes less. The one constant? SR&ED Financing ! It's always there - always available. Let's dig in.

Top experts tell us that in the last 7 years payouts on SR&ED claims have reduced by over 5 Billion dollars - suffice to say billions are still being paid on thousands of current claims. The gov't seems to be asking anyone with interest to provide guidance on the future of the program.


Business owners hate uncertainty. Who doesn’t? The one constant in SRED? Cash Flowing Your Claim!

SR & ED (SR ED) factoring is a viable consideration for any Canadian company that files SR ED claims and is looking for additional working capital. Not all Canadian business owners and financial managers are aware that SR ED claims can be monetized (financed!).

For an overview of SR ED financing it’s important for us to validate some of the basics -

- Have you filed a SR ED CLAIM?

- How much was the dollar amount of the claim

- Who prepared the claim?

- What amount of cash or working capital do you need in conjunction with the claim filed?

If you are looking for cash flow with respect to your Canadian SR ED claim you either have working capital financing in place now with your bank or finance firm (a factoring company perhaps) or your firm is self financing and you are looking for the SR ED to supplement additional cash flow.

Canadian business owners and financial managers are aware that when they finance their receivables and inventory these ' current assets ' are' margined ‘. By margining we of course mean the amount of funds you can borrow against these assets.

In SR ED financing you are generally financed 70% of your claim, and that is the combined total of the Federal and Provincial claim.

So if you have filed a SR ED claim, of say, for example, $ 350.000.oo you are eligible for 70% of that amount, or 245,000.00

Funds can be advanced as soon as you have filed the claim, but not before. Naturally it is somewhat important to ensure your claim was filed by a qualified party - usually an accounting firm or consultant. It's these consultants that are in the field daily on the program, wresting with all sorts of changes around Form 4088! ... Defining and backing up your project.

SR ED financing is outside your normal current financing arrangements. The SR ED is collateralized separately - it is in essence a short term working capital loan that is repaid when the government sends you your chq, Most Canadian business owners do not want to wait, 3, 6, 12 months of more for a cheque for a substantial amount that is in effect a non repayable grant from the government. The Canadian government continues to pour well in excess of a billion dollars into the program, and if your firm qualifies for a SR ED claim -

1. Why wouldn’t you use the program?

2. Why wouldn’t you accelerate the cash flow from the grant by financing your SR ED claim?

SR ED financing is a boutique small industry in Canada - business owners are cautioned to work with a qualified, credible, and experience party who will ensure they are maximizing financing capabilities under the program.

In summary, Canadian firms who are eligible to file a SR ED claim. should do so. What firm would not want to receive a cash non repayable cheque from Ottawa! If you can wait for the funding, and don’t need additional cash flow, great, if you wish to arrange interim financing for your claim enlist the services of a trusted and credible SR ED financier. In a matter of a couple of weeks your working capital and cash flow will be augmented vis a vis your SR ED financing. SR ED Financing and factoring - a great Canadian alternative financing strategy.


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.







Thursday, June 29, 2017

SR&ED Finance Loans Ensure Your Cash Flow Refund Arrives…Immediately !











Grab Some Popcorn ! Showing You Why Sr&ED ( aka cash today ) Financing Makes R&D capital investment ‘ efficient ‘ !


OVERVIEW – Information on sr&ed financing loans in Canada. The Sr&ed finance solution accelerates the cash flow recovery of your r&d capital investment









SRED Financing allows immediate cash flow and working capital advantage of our SR&ED tax credit claim. This program is, bar none the best tax incentive program in Canada. Other than being taxable as income the refund you receive from the government is a non repayable grant. Could it get any better? Let's dig in!

Looking for some irony? Top experts tell us that 70% of companies in Canada that are eligible for the program do not even apply, let alone receive their funds!! It clearly is a source of untapped cash flow and working capital for your Canadian business that should be maximized to the hilt.

The other 30% of Canadian firms who use the program utilize it around their efforts to develop new products and services, building prototypes, and solving technological challenges.

So your Canadian controlled private company utilizes and files Sred filings. Did you know your claim can be financing immediately after you file it, literally the same day.

Specialists that work as 'SR&ED consultants are experts in preparing your claim and in Canada your sred claim can be prepared at typical accounting costs or on contingency fee basis with no risk to your firm.

The expertise of your consultant is critical as Ottawa is getting more ' stringent ‘. For the record over 24,000 firms, some of whom might be your competitors, filed last year. Total refunds: 3.5 Billion dollars! The lesson learned? Ensure you're eligible for SRED, and start your process early.

However most Canadian business owners and their Sred consultants do not know that your claim can be financing, either during the preparation of your claim, (yes, before your file, if you qualify!) or immediately on filing of your claim.

Generally with this type of financing you receive immediately approximately 70% of the value of your claim. The other 30% still comes back you of course, but it’s simply a bit of a buffer to cover financing costs and any risk that a portion of the claim will be disallowed or clawed back .

The SR ED financing process? Simple - not complicated. Complete a basic business financing application, ensuring proper back up is in place and valid. That includes info on your company, the Sr Ed claim itself, your previous Sr Ed claims if you have filed previously etc.

The reality is that SR ED financing can be completed within 2-3 weeks of starting the process. The beauty of this type of financing is that no payments are made on the sred loan. In effect you can say that you have factored or discounted the Sr Ed claim. Refunds are for any purpose: reduction of payables, investments in new equipment, additional staff, etc. Bottom line = any general worthwhile corporate purpose.

Know your SRED loan financing options. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you fund your sr&ed.



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.






Friday, May 26, 2017

Have CRA Sred R & D Tax Credits ? Finance Yours Today For Advantages Of Cash Flow !










Finance Your Sred r & d tax credits If You Need To!



OVERVIEW – Information on CRA Sred r & d Tax Credits . These claims can be financed and allow your firm to take advantages of cash flow and working capital in an effective manner based on your non repayable tax credit refund . Sr&ed financing works !






R&D Sred Credits raise the question: Maximize or minimize? What's best in Canadian business? In the case of taxes it's minimize! In the case of CRA Sred R&D tax credits it's maximize for advantages of cash flow! Let's dig in.

How could you not afford to file a sr&Ed claim for the R & D capital your firm invests in its innovative products and services? We are of course talking about the Canadian Scientific Research and Experimental Development tax credit program which provides refundable funds for a very significant portion of the funds your Canadian business spends every year in this key area the economy - i.e. the competitive edge area!

Getting back to our maximize or minimize issue, recent figure suggest that almost 3 Billion $ + (yes that's billion with a b!) of cheques are going out every year to Canadian businesses such as yours. As we have said in the past, we are pretty sure you want those cheques to be cashed by your firm and not your competitor, since the funds don't have to be paid back.

Let’s assume you are aware of the program, (many aren't) and let’s further assume you are using the program either on a first time basis, or, if you're very lucky, you're a repeat offender!

You therefore should be aware that your claims can be financed so you can take advantage of cash flow and working capital that would be beneficial to your firm today.

Many Sred consultants (they are the specialized firms that prepare these claims) tell us that a proper preparation of your claim can exceed your initial estimates of what you can received by a significant per cent age.

So you ability to create CRA SRED R & D tax credits that are of solid quality , file the claim, and then finance it for working capital simply accelerates all the benefits of the program .

Do you have to finance your claim? Naturally the answer is definitely not, but we certainly think you should consider it. Why? Think of your claim as simply an account receivable, which of course it is. It's just that it's a very high quality receivable because it is a non repayable cheque that's due your firm from the federal and provincial government.

So in considering financing the claim you can of course simply wait for your cheque , or you can monetize, or 'factor' , or ' discount ' the claim . (All those terms are interchangeable and mean the same thing.)

Are CRA SRED R&D tax credits difficult to finance if you want the advantages of cash flow. Well, consider we a bit biased but we don't think so, it's a simple business financing application, with the additional back up being your Sred claim and the required ability for your firm to be able to offer the tax credit up as collateral.

Speak to an experienced, trusted, and credible Canadian business financing advisor today to get more info on either the program itself of the financing of those R &D tax credits.




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.




Sunday, March 19, 2017

Sred Financing In Canada : The Power Of Sr&ed Loans









SR&ED Financing Loans In Canada : It’s Not Brain Surgery!


OVERVIEW – Information on financing SR&ED claims in Canada . SR ED loans monetize your refund quickly and efficiently and allow business owners the luxury of not having to wait for their refund / cash



SRED Financing in Canada, eliminates, in simple terms, the waiting for that refundable tax credit chq, We couldn’t count the worries or challenges you have around your competition in Canadian business.


One way in which Canadian business stays ahead of the challenge is via the Canada SRED grant program. Sred claims deliver billions, (that's not a typo - it really is billions) of dollars of non repayable grant funds to firms such as yours. Let's dig in.


How do SR&ED loans assist your firm to stay even more competitive? We tell clients that's because it accelerates the cash flow and working capital that your firm has coming from its R&D claim. Your ability to ' unlock ' sred funds is simply a cash flow accelerator. Clients often ask what the required uses for those funds are if in fact you do choose to finance your sred claim.


What do business owners & financial mgrs utilize the R&D capital refund for? The reality is that the funds can be used for any general corporate purpose - so that includes of course general working capital and cash flow, the purchase or down payment of additional new equipment and technology, or, at its most basic, retirement of short term or long term debt on your balance sheet . Even better? Investing in next year’s research to stay ahead of those competitors!

Your ability to quantify and demonstrate your business processes and advancements can result in hundreds of thousands of dollars of non repayable sred funds under the combined federal and provincial program. Those SR ED consultants that typically prepare claims are experts in that - they prepare the vast majority of claims in Canada.

There isn't a business owner in Canada today, certainly that we have met, that doesn't have some issues and problems with the role of government in business. Want a method of striking back?! Take advantage of sred and sred financing. Sred claims under Canada sred legislation are your encouragement to recover 30-40%, even more in your funds spent in the previous fiscal year.


We advise clients that the process around the financed of a sr&ed claim is much defined. In fact in the current business environment, based on some new rules for claimants, it’s even more defined.


Claims are most successfully financed when they are generated by a proper party - our aforementioned SR ED consultants. Their proven ability to craft and present a claim under new guidelines from the government is key to being able to maximize your claim.
Maximizing you claim maximizes financing, simply because under sred financing a typical advance is 70% of your claim, so the size of your overall total claim determines the financed amount, as in our example of the typical 70%.


It's common knowledge in the SRED industry that a huge majority of companies eligible to claim a sred grant don't do it. We have heard all the excuses, and we won't weigh in on them now, but they typically include - - ' we haven't heard of the program .... Is there an audit involved ... isn't expensive to prepare a claim, we don't have enough time, '''... etc, etc! We would rather preach to the converted.


So if you are filing sred Canada claims and want to accelerate cash flow immediately then consider monetizing your claim. It's a very basic process, via an application, providing back up on you sred, and being agreeable to collateralizing the claim via a basic documented process.


Seek out and speak to a SR&ED tax financing expert to ensure you can easily and effectively enjoy the benefits of sred financing via a cash flow and working capital financing of the claim.


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.









Wednesday, December 21, 2016

Is It Smart To Finance Your SR&ED TAX CREDIT Via a SRED Loan?










Information on SR&ED TAX CREDIT financing in Canada. Why business owners and financial managers might consider a SRED loan as additional working capital and cash flow. Key tips on SR&ED financing






SRED financing of your SR&ED tax credit is somewhat of a boutique finance industry in Canada. It is very rare that your bank will finance the claim. We certainly don't agree with that, because in effect it is an account receivable, and they do finance receivables, don't they??! Anyway, your firm will have to have a strong borrowing relationship with a bank to finance your claim. The reality is that this type of financing is best and more quickly achieving via a SRED financing specialist.

Rates for SRED financing vary, and factors that affect the rate tend to be size of claim, your company's current financial position ( many SRED claimants are early stage, pre revenue, etc ), as well as the perceived quality of your claim.

A SRED loan is not debt per se, that's important to understand, you are simply monetizing, or ' cash flowing ' one of your receivables, in this case the SRED. SRED loans are structured as no payment loans and the final financing charges are simply deducted from the final cheque you receive from our good friends in Ottawa.

SRED financings can be processed, and funded in as little as two weeks - very standard application paperwork is involved, and the main collateral is or courses the SRED itself.

Here's some final tips we promised - have your SRED prepared by someone who knows what they are doing, SRED consultants are the best in this area as they are specialized. Count on receiving at least a 70% advance on your claim. Also, did you know that under certain conditions your SRED can be financed prior to filing?

We've e shared some tips and procedures that will allow you to consider financing your claim. If additional cash flow and working capital are important considerations speak to a trusted, credible, and experience business financing advisor to validate your SRED loan options.


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 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.













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

Article Source: http://EzineArticles.com/5140149