Business Financing Loans In Canada : Staying Competitive With Asset Finance & Cash Flow Solutions

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Business Financing : Romancing The Loan In Canada

OVERVIEW – Information on business financing loans in Canada. The cash flow asset finance solution you’re looking for is just around the corner .. if …

Business financing loans in Canada depend on your ability to successfully negotiate the loans or cash flow solutions you need to run and grow your business. How would you rate you ability to ' romance the loan’? We don't think we need to point out that the right finance strategy for your firm will often help make your firm more competitive. Let's dig in.

Acquiring assets is a key part of financing your firm. Those assets come in several typical categories - equipment, technology, software, trucks, etc. 80% of U.S. and Canadian businesses at some time or another focus on equipment leasing as the solution. In some cases even existing assets you own might be additional collateral to get approval for new assets.

If your company is in a capital intensive business your cash flow resources are often strained trying to get up to speed on acquiring equipment. In many cases it's those assets that will help power higher sales growth in your company.

While Canadian banks may well consider term loans for asset finance requirements that typically comes with covenants and ratios that may impact future borrowing. Working with the right lease finance company will almost always allow you to match your cash outflows with the actual timing benefits you'll receive from the asset.

Another method of financing equipment is the Canadian Govt Small business loan. Because it's backed by the government the terms and flexibility are viewed by thousands of users of the program as the ultimate in flexibility.

When we meet with clients the typical question we hear is a pretty simple one: Who exactly offers the Govt Small Business Loan? Answer - the govt has empowered the banks to run and administer and finance the program under the auspices of their guarantee. HINT - Find a banker or Canadian business financing advisor who understands the program.

We caution firms not to use their business lines of credit when financing new assets. Credit lines should be used to run your business on a daily basis, not in the financing of long term assets.

If you're focused on the right ways to ' romance the loan ' seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your asset finance & cash flow needs.


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



CONTACT:
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.


Stan Prokop

Business Finance Solutions Include Government Loans & SRED Tax Credits

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Here’s 2 Government Backed Financing Strategies Your Business Might Consider Tapping !

OVERVIEW – Information on government loans and SR&ED tax credits as valuable components of any business financing strategy for early stage and start up businesses in Canada

Business finance solutions in Canada include the Canadian Small Business Government Loan as well as the SR&ED tax credit program. Should you ' tap into ' these two programs (probably about 15,000 other firms do already!) and how is that done? Let's dig in.

Although business owners and financial managers in Canada are sometimes reluctant to take on debt (or in fact anything associated with the wheels of government) the reality is that thousands of companies utilize our two aforementioned programs to tap Billions of $ of capital every year.

The govt SBL program is one of the best initiatives the Cdn government takes in ensuring a certain amount of capital is available to many predominantly younger and growing firms. By the way, this definitely includes start ups, as they and other firms in the small and medium enterprise chunk of the economy generally power Canadian economic success.

It's important to realize that only 3 asset categories are financeable under the program:

Equipment/fixed assets/technology/application software

Leasehold improvements

Real Estate

Depending on which asset category or categories you are applying for the loan can be as much as $1,000,000.00. Want some more good news? Owners are on the hook for only 10% as a personal guarantee component of the loan, the govt guarantees the balance. In case you think we're just gushing over such a great program we probably are as other strong selling point of the program include:

No prepayment penalty

Competitive rates

Terms ranging from 2-7+ years

Remember, this isn't a government ' grant ' - it's a true term loan that must be justified by a good business plan and hopefully some good mgmt and industry experience.

The government relies on Canadian banks to administer the program and your best bet is to ensure you're working with someone who understands criteria and timelines and the basics of a loan package. (Those basics are typically a business plan and cash flow that reflects the loan repayment.)

The most common Tax Credit program that again, thousands of firms take advantage of is the SR&ED program which refunds a large portion of any R&D expenses. This R&D can span many different industries, including software development, clean and green businesses, mfg, etc.

For privately owned firms the govt makes this tax credit ' refundable'. This credit can then be monetized or cash flowed as a bridge loan or cash flow advance. Many early stage firms use this cash flow loan as a main component of their overall working capital or cash flow strategy.

If you're looking to tap into 2 solid programs that deliver capital and cash to your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in navigating either program in a timeline that makes sense for your capital needs.



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.


Stan Prokop

Canadian Business Financing

Can 139,000 people be wrong ? We don't think so but see for yourself why hundreds of business owners and mgrs read our CANADIAN BUSINESS FINANCING blog daily for information on traditional and alternative financing solutions

CLICK ON THE PICTURE BELOW TO ENLARGE

Call us for financing solutions we've consistently delivered on for 11 years . Our core focus for clients :

A/R Financing

Inventory Finance

SR$ED Tax Credit Loans

Film tax credit finance
Equipment Leasing

Sale Leasebacks transactions - equipment / real estate

Rolling stock financing

Asset Based Business Credit Lines

Canadian Chartered Bank facilities - lines of credit, term loans, acquisition financing
Franchise Loans

We've financed public and private companies and originated in excess of $ 100,000,000.00 Million dollars in finance originations for hundreds of clients all over Canada


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.


Stan Prokop

Business Financing In Canada: The Importance Of Debt Finance & Cash Flow Capital Solutions

Could You Put Some New Business Financing To Good Use?

OVERVIEW – Information on business financing in Canada . The right capital is accessed via debt finance & cash flow solutions that your firm can put to good use

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Business financing in Canada is important if only for the reason that the large proportion of businesses that fail do so because of poor finance practices as they relate to capital, and cash flow solutions. Could your firm put some new business financing strategies to good use? No doubt if could. Let's dig in.

While many owners/ mgrs and entrepreneurs in general focus on sales growth as key metric to success that motivation has to be complemented with good cash flow mgmt & financing.

Sales will drive a lot of your financing choices and will in many cases dictate or suggest what type of debt finance or asset monetization you will utilize. While it's important to be optimistic about sales growth that same revenue issue can be a source of stress when it comes to cash flow. One reason why? Simply because building inventories and receivables and investing in new assets are cash uses, not sources, as our good friends accountants would say.

While cash flow and sales budgets are important and reflect good mgmt the real world dictates that Murphy’s law will often kick in , which might mean huge bulges in sales or new contracts , or a decline in sales for a variety of reasons.

The best solutions to finance sales growth tend to be business credit lines. These can come from two sources:

1. Canadian Chartered banks

2. Non bank commercial finance asset based credit lines


It often also takes new/used assets to build and grow a business, i.e. equipment, machinery, rolling stock, technology a la computers, software, etc. In that case equipment lease financing is your best bet as it conserves cash flow and matches the benefits of the asset in question to cash outflows. From start up to mega corporations 80% of businesses of all size utilize lease based asset financing.

Newer businesses, mostly start ups should consider the ' SBL ' loan. That loan is guaranteed by the govt and only requires a 10% personal guarantee against the loan which can be anywhere up to 1 Million dollars depending on the asset you wish to finance.

Cash flow concerns boil down to liquidity. The 2nd most liquid asset you have on your balance sheet is receivables. Collecting them promptly and financing them properly is key to business success.

For those firms that can't access or get approval for the amount of business credit line they need numerous solutions are available, the most popular often being A/R financing via a ' factoring ' or 'Confidential Receivable Financing ' program. This solution monetizes sales as you generate revenues - instant cash. Key advantages include: instant liquidity and no additional debt on your balance sheet.

Businesses in the SME sector in Canada (small to medium enterprise) will never have too much cash. Increasing sales, buying assets, hiring people drains cash- sometime slowly, other time not so slow!

Some other solid real world solutions to cash flow and loan needs include:

SR&ED Tax Credit Financing

Sales Leasebacks

Unsecured cash flow loans

Working capital term loans

If your business can put good business financing to good use seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in your capital, debt finance and cash flow needs.


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.


Stan Prokop

Business Cash Flow Financing : Here’s Your Patch Fix On Real World Growth Finance Solutions for SME Finance Needs

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Looking To Get Creative On Business Financing Cash Flow Solutions ? We’ve Got Ideas & Solutions !

OVERVIEW – Information on business cash flow financing in Canada. The growth finance funding you’re looking for come from traditional, alternative and even internal solutions that are used by … your competitors

Business cash flow financing , in the minds of many business owners and financial mgrs often would seem easier to fix with some sort of ' patch ' - that unfortunately probably isn’t available ! So it's sometimes necessary to get creative, as well as researching your growth finance options. Let's dig in.

The important thing to remember is that depending on what type of lender you choose there are in fact a lot of both viable and, more importantly accessible funding possibilities.

One more thing - Are you looking for either debt capital, aka ' loans’, or would cash flow / asset monetization solutions get you to the goal line.

While we might seem like we constantly preach ' capital solutions ' from the Canadian SME FINANCE marketplace owners/mgrs should never forget how to generate internal cash. That’s done by managing your receivables and inventory and payables to the point where you're collecting A/R promptly, turning inventory, and slowing payables (without alienating suppliers).

Depending on what industry you are in you also have the ability to ask clients to prepay, or, as effective, get special payment terms from suppliers.

Companies that have an R&D investment can utilize SR&ED tax credit financing as a bridge loan to cash flow their refundable tax credits.

Debt solutions for business financing include:

Govt Guaranteed Small Business Loans

Term Loans

Equipment Loans / Sale leasebacks


Cash flow solutions include:

A/R financing / factoring

Asset based non bank business credit lines

Inventory Financing

Tax credit financing

Unsecured Cash Flow Loans

Merchant Advances

Equipment Leasing / Sale leasebacks

The advantage of many non traditional financings include flexibility, non dilutive nature of your equity, as well as many prepayment provisions that do not come with traditional bank type financing

Knowing how much funds you need and for what purpose goes a long way toward ensuring you can cover your cash flow and growth finance needs. Here the ability to plan for times of ' bulge ' needs or fixed asset investment is the key to ensuring right financing/right time.

Rarely will firms in the ' SME ' space be able to boast they have ' too much cash ‘ !

A more realistic goal is to ensure you have business credit access when you need it and for the right reason. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your business cash flow financing needs.


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.


Stan Prokop

SME Finance Solutions For Canadian Business : Business Financing For Company Loans & Cash Flow Requirements

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How To Fix Your SME FINANCE Needs In Canada : Tailor Made Loans & Cash Flow Solutions

OVERVIEW – Information on business financing in Canada. SME Finance solutions are more relevant than ever in your search for cash flow nirvana and loans that make sense

SME FINANCE (that’s ' small to medium enterprise ‘) in Canada no doubt requires a fix (or fixes?) of some sort. Getting a tailor made business financing solution for the loans and cash flow solutions you need is not easy, but where there's a will there's a way. Let's dig in.

Alternative financing solutions are a new and appealing part of the Canadian business landscape. These solutions are of course available to any firm, both public and private, but we're quite sure the majority of firms that use these solutions are privately held.

At a certain point in time every business comes to that turning point where equity no longer works and debt or cash flow solution decisions must be made. Now ' leverage ' seems to make a lot more sense than equity dilution.

Alternative finance loan and asset monetization is almost always more expensive than bank debt. But from the owner/entrepreneurs point of view working capital and cash flow costs far outweigh equity /ownership dilution - especially for growing firms with promise.

Let us not forget also that even established firms with relatively good financials often can't ' tap ' the financing they need. And going the VC/Private Equity route makes sense only for the smallest % of Canadian business

So what are in fact some of those ' tailor made' solutions that might be highly applicable to your business finance needs. They include:

Factoring

Confidential Receivable Financing

Inventory loans

Bridge loans

ABL loans (non bank asset based business lines of credit)

Equipment leases/sale leasebacks

Unsecured cash flow loans

Govt Guaranteed Small Business Loans

Sales Royalty Finance

SR&ED Tax credit financing

Important Point: Owners/ financial managers should understand the following:

1. In some cases these alternative finance solutions can be combined or added on to one another

2. In some cases it's possible to have traditional bank financing in place as well as an alternative financing vehicle backstopping your bank facility

3. While the majority of these solutions are almost always used to finance operations and growth it's important to note that they can also be used to acquire a company or to finance a management or leveraged buyout

If you're looking for the right ' fix' or a ' tailor made' solution for your business financing needs in Canada seek out and speak to a trusted, credible and experienced Canadian business financing to fully understand the requirements and benefits .


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.


Stan Prokop

Financing Assets : Let An Equipment Finance Company Get The Job Done

How To Fix The Problem Of Acquiring Business Assets

OVERVIEW – Information on financing assets in Canada. The equipment lease company solutions your firm has access to provide a multitude of flexibilities in your consideration for fixed asset investments in equipment, technology, rolling stock, software, etc .

Financing assets for any business is a key challenge for owners/mgrs. How then to fix that problem? The answer may well lie in the solutions provided by the right business equipment finance company. Let's dig in.

The popularity of equipment leasing is proven if only for the fact that it's commonly used in almost every country in the world these days. Here it's always about the value of the asset and its ability to generate profits and cash as well as of course growing sales.

The right lease partner or advisor will have the ability to understand how leased assets help your business and industry.

Lease financing is all about ' use ' of the asset, as well as easy acquisition. In many cases you are able to ensure the asset title and ownership passes fully to you the lessee at the end of the term. Asset ownership does not pass when you choose to enter into an ' operating lease ' or rental.

The true life of the asset / assets you are financing is an important concept to understand. Your goal, should you choose to accept it? Simply speaking - match the cash outflows of your lease payment to the overall useful life of the asset.

We mentioned rentals/operating leases already - they are used for temporary uses of assets - a good example is computer and software leasing where assets need to be refreshed continually due to technology changes.

Naturally owners / mgrs have the option to utilize bank term loans as another way of acquiring assets. The key benefit of leasing is touted as little or no down payment - i.e. 100% financing. We encourage all our clients to use any form of ' lease vs. buy ' analysis to ensure they are entering into the right financial arrangement. Here you are well reminded to ensure you understand the balance sheet and tax implications of buying, owning, and depreciating any asset on your balance sheet.

While in many cases you might pay more for the overall lease transaction ( not always, but sometimes ) don't ignore the ability to have the flexibility to structure cash flows, re-do the lease, or ensuring you have some options that might make sense at end of lease term.

So who in fact are the ' key players' in Canadian equipment finance? Fortunately, or unfortunately, depending on how you look at it there are numerous firms that offer these solutions. They include some banks, manufacturers themselves (captive finance firms) as well as commercial independent finance companies.

Knowing which leasing company can address your working capital needs as they relate to acquiring fixed assets is key. Not every firm can qualify for all the bank financing they need - so they aren't able to acquire what the pros call ' conventional finance '.

If your firm is considered very ' credit worthy ‘why would you consider a non bank commercial finance company? The answer? It's a simply and faster method of closing a transaction purchase , while at the same time not restricting other credit line needs your firm might have .

If you truly want to ' fix ' the problem of putting new assets into your business on a one time or continuous basis seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can make the job of ' financing assets' easier.



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.


Stan Prokop