An ABL Cover Up? Is The Asset Based Loan That Good When It Comes To Canadian Business Financing?

OVERVIEW – Information on the abl loan facility in Canada . Why is this Canadian business line of credit financing still a best kept secret ? Who’s behind the cover up?!




ABLcover up? It's probably just us, but it sure seems that the Asset based loan business credit line facility is still somewhat of a best kept secret in town - and we do not understand why.

Cover up notwithstanding , let's take a look at how asset based lenders are filling one of the biggest voids in Canada - the ability of small, mid market and even larger corporations, public and private , to secure business lines of credit that meet their needs .

Although clients and everyone else, including us use the term ' loan ' the ABL facility is simply a revolving credit line secured by assets of your company. Those assets can vary in size and mix, but they typically include receivables, inventory, fixed assets, and on occasion, real estate.

The primary focus and driver of the ABL are your current assets, and they would typically be A/R, inventories. Those two seem to drive the majority of asset based financings in Canada.

The good thing about asset based credit facilities is that the business owner or financial manager knows the % margin levels on receivable and inventory up front and therefore also on an ongoing basis . In ABL lending A/R is margined at 90% typically, which is 15% more that commercial bank financing in Canada.

Inventory is always another question, and is analyzed separately on its own merits relative to your product and the different components of any inventory cycle, ie raw materials; work in process (‘WIP’) and finished goods. As an ABL lender better understands your business and operating cycle and quality of assets/clients you'll find your borrowing power ' increases ‘, or solutions are put in place to handle ' bulges'.

The beauty of asset based lines of credit is that they serve a broad number of situations. And those situations? They include start ups, fast growing firms, turnaround situations, high growth scenarios, and dare we say it, even firms that are in distress or in the midst of bankruptcy or debtor in possession scenarios. Talk about a catch all !We feel its important to point out though that ABL financing is not to be viewed as a ' lender of last resort ' / 'when the bank says no' scenario . It’s simply a viable alternative to Canada's mainstay in commercial business credit lines, our Canadian chartered banks. Oh, btw! Some of Canada’s largest and most successful corporations and retailers use this type of facility to finance the entire business.

And would the banks agree with us ?It's a resounding yes because most of them have small boutique divisions within their banks with small ABL teams that in a way almost compete internally for transactions . Hard to believe. Trust us; we've been in those hallowed halls!


We're not saying every aspect of ABL business lines of credit is a cake walk. Most of the time ( not always !) its more expensive, and you’ll be reporting more on asset quality and turnover re aged receivables, inventory lists, a/p summaries, etc . But when you balance all that out against more liquidity that comes sooner, quicker, faster that’s becomes a very positive trade off.

So, you decide, but we’re forgiving ourselves for thinking that ABL financing is a cover up on a good thing. We’re just trying to find the culprits. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your Asset Finance business line credit needs.




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.






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

Fix Your Business Finance & Cash Flow Financing Challenges Today !

Are You Sitting Down ? Your Firm Is Not A Cash Cow ! Take Off Those Blindfolds!



OVERVIEW – Information on business cash flow financing in Canada . Finance solutions for the company that uses, not produces ‘ cash ‘!


Business cash flow finance . We're going to shock you, but your firm is probably NOT a cash cow. That term is reserved for the probably 1% of all Canadian larger corporations that no longer require a lot of new investment in their firm - so that's why if they are running their business well ( collecting receivables and turning over inventory ) they become cash flow generators - they are always generating positive financing inflows. And yes, we're jealous.

So if you're not our friendly CASH COW then what in fact are you? That reality is in fact pretty clear, your firm is not a large mature corporation, you're growing, perhaps you're even a start up, and you need... cash!
A great mentor of ours is often quoted as saying ' you're not a real business person until you've sweated a payroll '. That’s the extreme part of running a business on a day to day basis.

So how in fact does the Canadian business owner or manager determine his or her cash flow financing needs, and when those needs are determined what a solutions are available? You're looking for reliable indicators and even more reliable solutions! In fact it’s this method of looking at and solving your business challenges that will be one of the most reliable indicators of your long term business survival and success.

Having access to solutions and resources around working capital simply allows you to meet your current financial commitment sand grow your business. We don't think there is one perfect solution for all firms when measuring and managing this aspect of your business. But if you use tools to gain solid insights into your current situation the solutions will become a lot more obvious!

At the crux of the business finance challenge is your ability to operate on a daily basis. So while your balance sheet and profit and loss statement tell you the amounts of your assets and your ' paper profit ' respectively its a cash flow analysis that really opens the kimono on your business!

Why does your banker, other lenders and lessors, etc focus on cash flow. Simply because over time it’s a strong measure of your survival. Many people will tell you to calculate your ' CURRENT RATIO' to determine your working capital and solvency. That's actually a very poor measurement in our opinion only because it doesn't measure asset turnover and the actual changes in the working capital accounts of A/R and inventory. On many an occasion we've profile the story of the American dept store W.T. Grant - as it filed for bankruptcy it had a lot of assets and a lot of ' paper ' profit . The only thing it didn’t have was cash and asset turnover; resulting in the bankruptcy.

So what tools do you in fact use to assess your true working capital and cash situation? The most reliable is probably operating cash flow, which simply takes your profit or loss and then asses the changes in your receivables and inventories. Quick example? Let's say your sales grew by 15% but your receivables and inventory in our example grew by 40%. You're using cash, and you're far from CASH COW status. On the other hand if you sales , for example are flat, but your a/r and inventory levels are down over the previous compared period you're well ... along the way to becoming a Cash .... Well we think you get the story!

Solutions in Canada to address business cash flow financing include:

A/R FINANCING
INVENTORY FINANCE
COMMERCIAL BANK LINES OF CREDIT
NON BANK ASSET BASES LINES OF CREDIT
SUPPLY CHAIN /PO FINANCE
TAX CREDIT MONETIZATION
SALE LEASEBACK STRATEGIES

Any one of combination of these, used properly, monetizes assets, and doesn’t increase debt. Structured properly they put THE FIX in your business financing challenges.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor 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 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-cash-flow-finance-financing.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

Here's an article on 7 PARK AVENUE FINANCIAL that appeared in the TORONTO STAR digital publication ' www.YourMississaugaBiz.com


Oakville Entrepreneur Transitions From Corporate Life

Jon Cook - Reporter
February 26, 2013 -


The mega merger of computer giants Hewlett-Packard and Compaq had a
life-changing impact on Oakville entrepreneur Stan Prokop

A few years after the deal was completed in 2001, Prokop found himself out of
work when his job as a credit manager for HP Canada’s financing wing was moved
to New Jersey.

“I had bad dreams about doing deals with Tony Soprano so I went out on my own
for the first time in my life,” joked Prokop, 62, who launched his
Oakville-based loan business – 7 Park Avenue Financial – in 2004.

For a decade Prokop had directed up to $500 million a year in internal financing
for HP, but now found himself trying to hustle for clients.

“It’s always been a challenge for me, because I’m more of a corporate guy than
an entrepreneur,” he confessed. “I did my first business with clients of HP
because I would have been terrified to go elsewhere and knock on doors.”
His first major deal was with Toronto restaurant chain Pizza Pizza, for whom
Prokop had previously helped finance all their call centres while at HP.

While he enjoyed an auspicious start, Prokop’s momentum was halted by the
financial crisis five years ago that dried up credit markets and claimed a
number of small firms.

“In 2008 the world ended in business financing,” said Prokop, who averages about
five deals a month. “It was just really grim and ugly for a year or so. We
survived through that while many people similar to myself didn’t.”

In the last nine years, Prokop said 7 Park Avenue has done $85 million in
financings for about 400 businesses. The deals have ranged in size from as
little as $5,000 to multimillion-dollar loans for clients with more than $300
million in revenues.

With stock markets volatile and credit tough to get for many companies, a range
of small- and medium sized businesses often turn to alternative financing firms
like 7 Park Ave. to get the capital they need to grow.

Last year, Prokop arranged a $1.5 million loan for Mississauga-based biofuels
company Methes Energies Canada, a subsidiary of U.S. parent Methes Energies
International Ltd. (NASDAQ: MEIL).

Michel Laporte, Methes’s chief executive, said one of the reasons he chose
Prokop over a big-name lender was the quickness at which he could put a deal in
place.

“Working with Stan we were able to do this whole thing in a couple of weeks,”
said Laporte, who used the money to complete financing of Methes’s Sombra
biodiesel plant near Sarnia, Ont.

That plant recently won a major order to sell 50 railcars full of biodiesel to a
U.S. customer.

As recognition for its longevity, the Oakville Chamber of Commerce has nominated
7 Park Avenue for small business of the year . The winner will be announced at
the organization’s annual awards ceremony next month. In 2010, Prokop’s firm was
named Oakville’s top service provider.

Prokop specializes in alternative financings, securing loans against a
business’s assets that include anything from equipment, real estate, inventory,
future sales and receivables (also known as factoring).

A lot of his work has been for clients in the television and film industry,
where Prokop leverages tax credits as backings for loans. “We finance the tax
credit that allows the company to make the next show or movie.”
Prokop said he typically charges a one-per-cent fee and has a soft spot for
helping the “little guy,” which he added has likely depressed his revenue growth
over the years.


“I should be looking for a better deal,” admitted Prokop. “IBM or Bell Canada
doesn’t need my help, but there’s a thousand guys out there that are starting a
business that definitely need my help.”

Prokop, of Polish descent, is often confused for local celebrity Skip Prokop,
the founder of 1960’s Hamilton rock band Lighthouse.


The musical theme is one that runs throughout his business, as 7 Park Avenue
takes its name from the London address of British band Badfinger.
“They’re one of my absolutely favourite bands,” said Prokop. “I was a product of
the ‘60s; I played in bands and still play guitar as a hobby and jam with
friends.”


As far as his day job, Prokop said he’d likely retire in the next three years to
spend more time with his wife, who he married at age 50. However Prokop said
it’s unlikely someone will continue his business.

“I don’t think it’s sellable because I’m the only asset. I wish I could sell the
company and the name could continue on and someone could do something with it,
but I don’t have a sense that’s how it’s going to turn out.”

© 2012 Toronto Star Newspapers Limited
Customer Service Phone: 905-361-8683 / efax: 905-361-8684 / Toll Free:
1-888-857-3271 | Email: customerservice@YourMississaugaBiz.com

Financing Equipment ? Best Practices and Success Tips For Operating Leases And Capital Lease Solutions

3RD Down And 110 To Go? Let Equipment Finance Options Solve Your Asset Finance Problems!




OVERVIEW – . Information on financing equipment solutions in Canada. Choosing the right capital lease or operating leases if applicable solves Canadian business finance challenges





Financing equipment challenges. It's almost too easy to have that ' 3rd down and 110 yards to go ' feeling when it comes to asset finance. That's why a properly selected and structured capital lease or their counterpart, operating leases might just give you that ' touchdown' feeling. Let's explain.

The concept of making good decisions around the financing of your business assets solves the problem of reducing capital outlay - and that's whether you're starting a business or if you're a major corporation.

Probably 9 out of ten clients we talk to focus solely on their new found ability, with lease finance, to pay a specific fixed amount every month. They have budgeted for that, they feel they can make the payments, and at the same time the asset or assets financed help them run and grow the business.

That’s a logical and ' ok ' line of thought. But in fact you might be missing the boat when it comes to other major advantages of this method of Canadian business financing - those might include upgrade ability, wrestling with obsolescence and the real useful ' economic life ' of the asset you are acquiring . No more clear an example is when you lease computers, telecom and software, which constantly evolves technologically and requires upgrades and changes to keep your firm competitive.

And we don't want to forget the tax and accounting benefits that come with a properly structured lease - they are key to maximizing the benefits we are discussing. Although operating leases , or ' leases to use assets , not own them ' are somewhat under attack in the accounting world these days they still can provide significant cost savings and flexibility when it comes to purchasing, returning, or extending your asset finance transaction .

The challenge that sometimes seems so simple can actually be your most time consuming when it comes to asset financing and lease financing. That challenge? Figuring out who to deal with! One thing we can say is that lessors are more motivated to approve your transaction, as they are solely focused and in the business of doing one thing - leasing business assets in all categories.

Typical capital lease and terms in Canada range from 2-5 years, and operating leases tend to be in the 2-3 year category - given that they are much related to upgrades, returns, and lower payments coming from your lessor’s investment in the asset. When it comes to capital leases the arithmetic is very simple - the longer the lease term the lower the monthly payment, and if there is a down payment required that of course also lowers the monthly rental on the lease.

Where thing sometimes go awry is when the Canadian business owner or financial manager doesn't quite understand that leases can't be terminated without a penalty of some sort. That's why negotiating the right type of lease, and the right term based on your specific asset being financing is key.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your financing equipment needs. All of a sudden 3rd down and 110 doesn't seem so daunting!

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.





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

Working Capital Financing . Introducing A Way To Manage And Finance Your Inventory And Receivable Investments

Working capital quality, not quantity!



OVERVIEW – Information on successful working capital and cash flow solutions around inventory financing and receivable finance





Working capital financing in Canada. As a business owner or financial manager are you 100% comfortable in knowing the signals of when you really have to better manage your business current assets? More so, do you know the tools and solutions that come with that challenge? We think we do, so let’s dig in!

When we talk to certain clients in hindsight around their inventory finance and the receivable investments challenges they make on a day to day basis they are often surprised about how little of some key basics they in fact did not know.

That's because it’s difficult for some to cut through all the finance and financial statement jargon and concepts to figure out the real root of some of those challenges.

What aspect of business couldn’t be more complicated today, whether it’s financing, growing your company, staying on top of the competition, etc?
We're NOT suggesting industrial espionage, but if you knew your competitor had very slow moving inventory or uncollectible or very slow receivables you would be in a great position of profit and exploit market opportunities.

That goes for your firm to, which brings us to the key subject today, the quality of your current assets - i.e. A/R, inventory, and the need and ability to finance them properly.

One of the best ways you can interpret critical upcoming problems in our working capital and cash flow situation revolves around a few ' slick tricks' solutions, as we call them, around your A/R and inventories.

The way most people and even stock analysts look at a company receivable or industry status is to calculate day’s sales outstanding, i.e. DSO, or inventory turns.

But wait; there is even a better way to look at all this! And that is to monitor those two asset categories as they pertain to sales going up or down. If you set up a simple tracking system that captures your sales and a/r and inventory amounts over specific periods of times, i.e. monthly, quarterly, etc ( By the time you get to annually we can guarantee you it will be too late !) you will be able to spot poor collections and growing inventories.

You just might find that sales growth, which hides a lot of problems, is in fact fast becoming your biggest problem. And that's even when your income statement show you're making a profit. (Yes, profitable companies can go under!)

So the bottom line is that growth in A/R and inventory with stable or declining sales will signal huge upcoming cash flow problems. At the same time, the Canadian business owner or manager will get a lot of comfort knowing that if their sales are growing and a/r and inventories are staying the same, declining, or growing commensurately will mean you're a winner in the cash flow and working capital game .

Let's try and illustrate a quick example, which is tougher to do when you don't have a chart in front of you. But let's assume you are tracking A/R, inventory, and sales on a simple chart or spreadsheet. Let's assume for our sample that sales are growing by 20% ( congratulations by the way ) but a/r seems to have ballooned to 100% in that same period?!

What has happened? Simply that yours sales success has shifted problems into your A/R account. And that affects cash flow and cash in the bank.

The solution? Monitor those current assets as we have suggested. And speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with working capital, receivable financing, and inventory finance solutions such as:

A/R Discounting
Supply chain/PO finance
Non bank asset based lines of credit
Commercial bank loans,



Etc!

You've got the power now!







7 PARK AVENUE FINANCIAL
CANADIAN WORKING CAPITAL 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 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/inventory-receivable-financing-working-capital.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

Commercial Loan And Business Financing For The Story Credit In Canada

Could Your Company Be The Story ? We’re Going To Tell You Where To Go!




OVERVIEW – . Information on the concept of a ‘ story credit ‘ in Canada . What this term means and how it affects your firms ability to obtain a commercial loan and other types of business financing




Difficulties in obtaining a commercial loan or business financing for your established or start up firm in Canada? First of all you're not alone, and secondly it's because you're what's known as a ' story credit ‘. That's the term that commercial lenders use in Canada when financing needs to be structured uniquely to your firm’s current situation /status. Let's explain!

Given that our Canadian chartered banks tend to be the first ' go to ' when you're looking for financing it's no surprise we often hear the term ' where to go when the bank says ' no' .. ' .. or never.

So when the business owner finds himself or herself in that situation it clearly is a time when they are looking for some real world advice on financing solutions that still might be available. And they are available, it’s just that you need the help an expertise to find and access them successfully.

In a lot of situations we see when talking to clients it’s about not getting enough. By that of course we mean that you can view your financing as your firm’s need to be fed, it’s your job to ensure that appetite is satisfied.

The concept of a story credit still pertains sometimes to traditional financing, but more often than not it comes under the umbrella of alternative finance. It's simply that your firm, for whatever reason, is not ' GRADE A ' today. So you need to properly explain ' the story’

When you're a ' story credit ‘it’s never as important to ensure you are prepared when you are looking for business financing. This is definitely not the case of looking in the yellow pages and making a call - there a bit of work and preparation required! In fact it’s been our observation that a lot of clients we meet have failed in the past to raise the financing they need simply because they present their story properly or fail to document correctly their need for financing.

It's important also to differentiate between equity and debt financing- we're focusing in our discussion here on debt financing and asset monetization. Top finance experts agree that debt financing is pretty well always more costly than equity financing, but the wrong type of debt financing has disastrous consequences.

Don't get us wrong , we're all for more equity, it's just that the journey in dealing with angel investors, friends and family, and initial public offerings or capital pools and VC's can be one of the longest roads you'll take .

There are some sources of debt financing that in fact can be quite creative that you may wish to explore - these might be Community Futures loans, Royalty Financing, loans from high net worth private investors, and even the government?

Did we just say the government?! Well in facto for many firms the government small business loan is a great way to access capital in your start up or early stage. Close to 8000 firms a year, including your competitors, rely on this program which offers great rates, terms, and structures and low personal guarantees.

Other forms of ' story credit' financing when accessing a commercial loan.
They include:

Factoring receivables
Supply chain/PO Finance
Asset based non bank lines of credit
Financing SR&ED tax credits
Leasing Companies which consider less than 'GRADE A 'credits

Our key point today? It simply that if your firm has a unique challenge, or is in the throes of a turnaround you still are eligible for commercial loan and asset finance in Canada.

Seek out and speak to a trusted, credible and experienced Canadian Business Financing Advisor who can assist you with your story credit business finance needs.



Commercial loan business financing story credit 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/commercial-loan-business-financing-story-credit.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

Government Loans For New Business . The SBL Loan Program In Canada

BREAKING NEWS! YOU ARE ELIGIBLE TO APPLY FOR A GOVERNMENT BUSINESS LOAN



OVERVIEW – .Information on government loans for new business in Canada. The benefits of the SBL loan are substantial for the Canadian entrepreneur and business owner




It shouldn't be, but it is. You are probably eligible for government loans for new business in Canada. The term many people use for this financing is the ' SBL LOAN '. Oh, by the way although thousands of business owners and entrepreneurs use the program for new or ' start up ' businesses you can still be an established business and use the program. Essentially the only rule here is that your business must be under $5,000,000.00 in revenue/sales.

In talking to clients all day everyday one thing is clear, whether its reality or perception the general feeling is that Canada’s chartered banks aren’t doing cartwheels when it comes to being interested in business financing in the SME sector. Those certainly arent the type of bankers we're hanging out with, so we suppose you're just handing out with the wrong crowd!

Experts offer up several reasons re the bank lending scenario - reasons given include small business loans cant be packaged and sold like mortgages, but still require a lot of work, admin, underwriting, etc Many people also offer up that small business loans aren't profitable . Who knows?

Rather than weigh in the eternal discussion of bank lending to business in Canada let's focus in on the benefits of the SBL program. I guess you could say we're staying positive!

The focus around government loans for new business is simply serving the purpose of addressing your financing needs for two asset categories - equipment and leaseholds. (Real estate is allowed also -however the program just doesnt seem to be used much in this regard)

One of the key ' misunderstandings ' around the SBL loan is that isn’t a cash loan or that it can be used to finance receivables and inventory, or goodwill, or franchise fees. Not the case. End of story.

It's important for the Canadian entrepreneur to understand that because the program is SME based that the owner/owners must have a reasonable personal credit history. By that, in Canada we mean a credit bureau score of 650+.

There are reasons why you wouldn’t be approved for an SBL loan in Canada. Your greatest chances of success are when you have a solid business plan or executive summary, as well as a cash flow that represents how you are going to generate profits and cash flow. We don’t recommend showing that you plan to lose money or use cash, not generate it! Some do that, we don't!

Many business owners we meet can't explain or articulate their business, how they make money and key issues in your industry.

Back to those key benefits of government loans for new business:

They include:

5-7 year amortization terms
Competitive interest rates - currently 3% over prime
Low personal guarantee (25% of your loan amount)
Repayment without penalty

Getting approved for an SBL loan is clearly a combination of art and science - we've shared a lot of the ' science '. Seeking an experienced, credible and trusted Canadian business financing advisor will help you match that science with the art of 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/government-loans-for-new-business-sbl-loan.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