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 vendor financing program. Show all posts
Showing posts with label vendor financing program. Show all posts

Tuesday, December 11, 2012

Client Finance Via A Vendor Financing Program . Zero Cost And Growth Benefits For Your Company!







Missing The Boat? Come On Board With Customer Financing Programs


OVERVIEW – Information on the benefits of client finance. Setting up a vendor financing program is essentially zero cost and can contribute to sales growth, cash flow and profitability




It's one of the worst feelings a business person can get - that of having ' missed the boat '

when it comes to a revenue or growth opportunity. That's why we are more mystified than ever, sometimes, when we talk to clients who are in a position to set up a client finance program. Oh and by the way, that type of ' vendor financing program ' comes at... are you ready...? ZERO COST!

As we have noted in the past, growth comes with risk, is challenging, and often can be perceived as ' expensive '. So why not achieve stronger revenues, instant cash flow, and greater profits at... here it comes... ZERO COST, ZERO RISK, and very little challenge; especially if you have the right assistance.

When you implement a client finance program you are immediately removing most, if not all, the challenges that come with your product pricing, and competitive strategies,

Why then is a customer financing program both easy to implement and so attractive to your clients? The answer is that if you help your client with financing you're in a position to close a sale without price as an objection, basically helping them simplify their decision to acquire your product or services, whether they are high tech, or low tech in nature. And those sales come with a much shorter sales cycle; we can assure you of that.

Another fundamental piece of logic that we will offer up is that the majority of businesses in North America (that includes Canada!! last time we checked) lease or finance assets.

As we have pointed out this valuable sales and growth tool comes at essentially zero cost. The prudent business person would say that it probably takes some level of management, operations, and funding to pull off a real vendor financing program. That's correct, but the reality is that by partnering with the right person or firm you can in effect outsource 100% of those challenges. Of course you could in fact set up a full fledged finance firm if you want to , but the reality is that the majority of Canadian firms want to stick to their core ' knitting ' - they want the advantages of a client finance program, but not the risk . And that’s ok!

So what in fact does the Canadian business owner and financial manager look for when it comes to the right finance partner in your program. Those factors include a good reputation, competitive funding and the ability of your firm to provide strong input as to what you are looking for in flexibility for your vendor financing program. It's all about customer service, flexibility, and the ability to be perceived as offering a reliable and competitive finance solution.

So, don’t miss the boat on one of the most effective ways to increase sales, cash flow and profits. Speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with a client financing program that makes sense.

7 PARK AVENUE FINANCIAL
CANADIAN CLIENT FINANCING PROGRAM 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/client-finance-vendor-financing-program.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















Tuesday, August 16, 2011

The No. 1 Secret To Sales and Cash Flow Success – Offer A Canadian Vendor Financing Program & Customer Leasing Plan ! Sales = Cash !





Let Customer Financing Grow Sales, Profits, and .. oh yes .. Cash Flow!

Information on why a vendor financing program for your customers improves sales, cash flow and profits . Why a Customer leasing plan might make sense for your firm . A no cost growth solution for companies in Canada.




I am sorry, we'll have to remove it... no, we’re not doctors; we're talking about helping you remove one of the largest, if not the largest obstacle to innovation for your clients - the cost of your product.

How do we do that ? By recommending that you consider a vendor financing program for your customer base, a customer leasing plan that allows your clients to acquire and use your products while eliminating that obstacle to innovation we spoke of .. price!

Any Canadian firm that sells a product (or service for that matter) should consider a vendor leasing program for your clients. And boy are there some obvious benefits, not the least of which is to increase your sales. Just think of it, when you give your clients the choice of how to pay for your products and services their ability to pay over time via a customer leasing plan gives them significant flexibility.

That flexibility by the way comes in many forms. It includes removing your clients budgetary constraints if they are out of the budget cycle but still need your product, and secondly the pure cash flow outlay of small amounts over a 24 - 60 month period (those are typical lease terms) allows for your client to in effect match the benefits of your firms product and services with their real cash flow outlay. That’s important to the Canadian business owners and financial managers that are your clients.

Does offering a vendor financing program to your customers seem complicated. Its far from that... mainly because you dont have to form a separate financing unit within your company... instead you can simply work with a trusted , credible and experienced Canadian busienss financing advisor who can assist you by acting as an independent lessor , in effect an ' in house ' agent for your program . It does not get simpler than that. You in effect have set up an in house finance company to increase sales, at... yes... ZERO COST!

Let's recap some of those critical benefits to your new vendor financing program. We referred to both Sales and Cash previously. By offering financing to your customers you increase revenues by providing options otherwise not available to your client potentially. And, oh yes, lets get back to cash. Instead of waiting 30, 60, or even dare we say 90 days these days to get paid your firm gets paid as soon as your products and services are delivered and accepted by your client. And payment comes from your credible financial leasing partner, so no credit worries there!


We often refer back to a list we learned many years ago about what any customer considers an ' obstacle to innovation ' in the purchase of products and services. Surveys always indicated the cost was #1 on the list. So, bottom line, let a vendor financing program be your ' obstacle remover '; speak to that trusted Canadian leasing advisor today about initiating your program... today.



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/vendor_financing_program_leasing_plan_customer.html