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 subprime mortages. Show all posts
Showing posts with label subprime mortages. Show all posts

Friday, January 8, 2010

SUBPRIME, CANADA, AND ME

There was a great article on BNET.con today about a fellow named Anthony Hsieh- He founded a number of the large online submprime type mortgage portals in the U.S. - He is starting another one called ' LOANDEPOT.COM' .
I don't think these online portals are anywhere near in use in Canada - we seem to prefer the personal touch I guess! Firms such as HOME TRUST and XCEED MORTAGE seems to be doing ok , and Canada was of course ' relatively' unscathed during the U.S. sub-prime bust - God knows we felt the effects though.
Stan
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