Alternative Funding Options Stand Up For Your Company When New Sources Of Financing Are Critical

Would You Consider Alternative Financing As A Source Of Funding For Your Business?

OVERVIEW – Information on alternative funding options in Canada. Sources of financing you may not have considered can provide your company with cash flow and capital you need to survive and grow





Sources of Financing in Canada can of course include alternative funding options that are typically non bank solutions. What are some of these finance solutions, When do these make sense for your firm, what are the costs, and how do they work? Let's dig in.

A company can find itself in need of alternative financing for many reasons. Whatever the situation may have been the end results seems more often than not to always come back to issues revolving around sales, profits, and cash flows. So at that point it of course still needs to ‘pay its bills' as well as hopefully grow.

What then are some of the actual sources of alternative finance and where do they come from. In some cases they might be obvious commercial financing vehicles ; other times owners might not consider less obvious sources of financing which might include working with vendor/suppliers , landlords which are uniquely part of the cash flow and creditor/debtor relationship.

We could call those internal type relationships and solutions; but when it comes to external solutions they are as follows:

Commercial financing companies

Insurance Companies

Specialized divisions of Canadian chartered banks

Government and Crown Corporation financing

Asset based lenders

Equipment financing firms

Mezzanine lenders


If your firm can work with any or a combination of these entities the following solutions are potentially available:

Receivable Financing

Govt Small Business Loans

Working Capital term loans from Canada's Crown Corp Bank

Inventory financing

Tax Credit Monetization (primarily SR&ED Bridge loan Financing)

Asset based non bank business lines of credit (Typically called ' ABL Financing')

Unsecured cash flow/mezzanine loans

In order to access these types of financing your firm must be in a position to demonstrate it has some long term viability despite whatever your recent circumstances might be. The ability to show some strong management expertise and to address why your own particularly industry is viable is also key.

In certain cases we've met with clients who have been asked by their bank to terminate the bank/client lending relationship. Typically the client is now in a specialized category called ' SPECIAL LOANS ' and banks typically provide some form of reasonable notice that new financing sources will be required for your company.

We feel business owners are somewhat naive in thinking that they can replace one Canadian chartered bank with another when their firm is in some sort of financial distress or challenging situation.

We would point out that in today’s more conservative commercial lending environment that it’s difficult to replace financing for a fairly healthy company, let alone one that is experienced challenges.

If you are looking at options that will ' stand up ' for your company in areas of financing investigate those options by seeking out and speaking to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with alternative funding options that make sense.




Stan Prokop - founder : 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . In business 10 years - has completed in excess of 90 Million $$ of financing for Canadian corporations .

Info re: Canadian business financing & contact details :



7 Park Avenue Financial = Canadian Alternative Funding Solutions Expertise




Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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

Fax = 905 829 2653

Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '

Stan Prokop

ABL Is Extreme Corporate Turnaround Business Financing : Why Asset Based Lending Works When You Need It Most

ABL Erases That Dwindling Options Feeling When It Comes To The Business Turnaround Finance Solutions


OVERVIEW – Information on corporate turnaround financing in Canada. One Often Not So Obvious Solution is the Business ABL finance mechanism




Corporate turnaround business financing , simply put, involves the ' fixing ' of some major problem issues in a Canadian business. One of the best solutions for ' the fix ' is ' ABL ‘asset based financing. Let's explain why, so let's dig in.

Top experts will agree that there is nothing more challenging than a turnaround - in effect its a ' renewal ' of a business and financing will not always, but more often than not play a major role in that renewal. Going through that whole process is also a tremendous way to simply understand ' what went wrong ‘, and as we've said many times:

‘Tuition

is very costly in the school of experience'













During a ' turnaround' several major issues tend to always come up - they includes areas such as:

The need to restructure debt and business credit

People issues

Rightsizing the company to allow it to grow again

Address legal issues that might even include a protection filing under Canada's CCAA process (It’s the equivalent of Chapter 11 in the U.S.)


We're focusing mostly on the area of financing here, but it's safe to say a lot of other issues are always going to come into play. Also we're predominantly talking about an ' operating' turnaround as opposed to some of the ' strategic ' issues involved in products, markets, engineering, etc

ABL... It’s the acronym for asset based lending helps address the 3 key areas of corporate turnaround business financing - sales revenues, cost issues, and asset management and finance issues. It's simply one key effective solution that allows a financial restructure of the firm to be completed in its entirety.

Refinancing growth when equity issues are strained it what an asset based line of credit it all about. While more often than not it’s an operating facility that encompasses all the companies assets it can also, when applicable, include a term solution that is complimentary to the overall long term needs of the company.

It should be pointed out that typically an ABL business credit facility is a non-bank solution. (NOTE - Some banks offer ABL financing but the why and how of that is a subject for another day)

ABL will sometimes be priced as competitively as a bank solution - we will call those TIER 1 asset financing, but most firms requiring a turnaround will typically pay a major premium to bank pricing because of the inherent credit and perception challenges involved in a turnaround .

The essence of the ABL turnaround solution is the financing of all the business assets of the firm, margining their borrowing power to the maximum. Typically receivables are financed at 90% of their ongoing value , inventory is margined at anywhere from 25- 75%, and the most unique part of the ABL solution is the ability to carve out the fixed assets/equipment of the business and include them in the borrowing power mix.

Typical requirements to get the ABL solution in motion include due diligence around the business assets, the firms ability to prove it can provide ongoing financials, a long term cash flow and sales forecast , etc

If your company needs to address corporate turnaround business financing consider ABL as one method of getting the solution in place quickly. Those dwindling options you thought you suddenly emerge with a clear viable solution that's alternative in nature but has proven to work well for thousands of firms.

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 financing when you need it most.



Stan Prokop - founder : 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . In business 10 years - has completed in excess of 90 Million $$ of financing for Canadian corporations .

Info re: Canadian business financing & contact details :


7 Park Avenue Financial = Business Turnaround Financing Expertise




Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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 '

Stan Prokop

Sred Financing : The Inevitable Rebirth Of The Tax Bridge Credit Loan In Canada

Common Sense SR&ED Financing

OVERVIEW – Information on SRED ( SR&ED) financing in Canada. How The Tax Credit Bridge Loan revitalizes research financing in Canada for the SME sector participants




SRED (SR&ED) research credits in Canada allow participating firms to maintain their competitive edge while at the same time hopefully also staying one step ahead of the competition. But how does the Canadian firm finance the spend that comes with that R&D? Let's dig in.

It's pretty safe to say that any type of financing for firms in the SME sector is a challenge - so even safer to say that funding your research spend simply accentuates that challenge. There's no real form of ' debt finance' that allows a firm to finance its R&D.

In fact we suppose that of the thousands of firms out there that take advantage of SRED credits many of them are in the start up and pre revenue stage, making it even more difficult to access any form of financing, let alone Research spend.

Top experts in fact tell us that Canada, probably quite uniquely has about 98% of its businesses in the SME sector. That fact, coupled with the fact that R&D involves certain elements of ' risk ' make financing availability for SRED claims critical

Essentially two types of financing are available for SR&ED research credits. IF your firm has completed its annual claim and filed you have the potential to immediately access financing for your claim, which is typically arranged through a non bank entity. In our experience very few claims SRED claims are financed by banks on the sole merit of the SR&ED claim. We believe that if your bank would consider financing the claim it is in the context of a much larger borrowing relationship, which the majority of SR&ED claimants probably don't have in place.

Recent trends in Sred Bridge Loans (most claims are structured as a bridge loan with no payments made during the duration of the loan) allow Canadian businesses to access financing during the actual research activity spend itself. It's simply an acceleration of the ' waiting game' that participating Canadian business finds itself in while the federal and provincial governments adjudicate respectively their portions of your claim. Bottom line, this type of ' accrual financing’ allows your firm to eliminate the potentially lengthy wait involved in processing and in some cases auditing your claim.

For a firm that's in start up mode the actual financing received from a SRED research tax credit financing can be the majority of the cash that firm will receive all year.

All sorts of industries take part in the SR&ED (Scientific Research and Experimental Development) work. That can be software firms, pharma companies; mfg entities... research runs the whole gamut of Canadian business. We'll point out here that given the broad nature of research your ability to prepare and file a sound legitimate claim often rests on the shoulders of Canada's SRED consultants.

When it comes to the financing of your claim we point out to our clients that one of several key factors in financing approval is often the reputation of the SR&ED consultant you employ to prepare and file your claim.

If your firm is looking to recover research expenses under Canadian government SR&ED seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in completing a SR&ED bridge loan to provide valuable working capital and cash flow to your ongoing financing 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.

Info re: Canadian business financing & contact details :




7 PARK AVENUE FINANCIAL = SR&ED TAX CREDIT FINANCING / BRIDGE LOAN EXPERTISE






Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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 '

Stan Prokop

Government Loans : You’ve Unintentionally Stumbled On the SBL Small Business Banking Secret

The Financing Of Champions ? Government Business Loans In Canada

OVERVIEW – Information on government loans in Canada . Where doe the ‘ SBL ‘ loan fit in when it comes to access to small business banking for Canadian business




Government loans availability in Canada often comes as a surprise to the business owner/entrepreneur. Many clients we talk initially don't seem to understand how the ' SBL ' loan fits into the small business banking structure in Canada.

Let's examine what we think you will consider a pleasant surprise when it comes to discovering the access and capabilities of this loan. Let's dig in.

When it comes to starting, or building a business in Canada the entrepreneur is often concerned about the aspect of personal guarantees. How does the issue of the ' PG ' (personal guarantee) fit in when it comes to the BIL/CSBF loan program? By the way that's the formal term for this loan program, which is administered by INDUSTRY CANADA in Ottawa.

But back to our ' guarantee ' issue. It's really a ' good news/ bad news' scenario here. The bad news is that a personal guarantee is required under this loan program. The good news: It's only for 25% of your loan amount - with maximum loans under this program being $ 350,000.00

Why should Small business loans via the federal program have so much appeal to the entrepreneur. They are clearly not for the ' big boys’. It's all about helping small business, including restaurants, service companies, mfg firms, etc. In fact the government goes so far as to limit the actual or projected revenues to 5 million dollars when it comes to eligibility and application for the loan.

One other important technical aspect of the loan is that while the program was created and developed by the government they do not run it on a daily basis. That's the job of Canada's chartered banks and a handful of other misc. institutions - but primarily our banks.

So it seems that the best place to go to both learn and apply for the SBL loan is any local bank branch, right? We wish that were the case , but in our many years of experience in guiding clients through the program has shown us that unless you have an experienced advisor guiding you through the process your chances of success are severely diminished.

It's almost humorous, and somewhat ironic that in the U.S., where a similar program exists, the rules state that the entrepreneur must in fact be formally turned down by the bank before they can apply for the SBL loan. As one writer has so well put it ' I've never met an entrepreneur who couldn’t get turned down for a loan by the bank ‘!!

So what’s required when it comes to applying for government loans with a strong chance of approval success?

The basics are: an opening balance sheet and cash flow projection, a personal statement of finances from the owner/ owners (net worth statement), an executive summary or business plan, and an itemized list of items to be financed.

There's a lot of misinformation, lets call it ' urban legend' around government loans. Here are some examples -

It takes too long to apply/get approved (WRONG - A complete application is usually adjudicated within a few business days)

You need outside collateral as in many other types of business loans (WRONG - No outside collateral is required)

The SBL Loan is similar to a business credit line (WRONG - It's a term loan that finances only two categories of assets - equipment and leasehold improvements)

You can't purchase an existing business with the BIL loan (Wrong - you can!)

If you find that you've stumbled upon one of Canada's best kept secrets - the Govt Small Business SBL Loan and want to ensure your access to this great program (7000-8000 loans are approved each year for Billions of $ ) seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you in accessing this great financing program.





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-small-business-banking.html





Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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 '

Stan Prokop

Asset Finance In Canada : The Not So Secret Continuing Rise Of Equipment Lease Financing

Want To Lose That ‘ Being Held Ransom’ Feeling When Acquiring Business Assets In Canada ?

OVERVIEW – Information on the continued rise of equipment lease financing in Canada . When it comes to asset finance choices leasing continues to provide options and solutions for Canadian business










Asset finance decisions don't always come easy for the Canadian business owner / financial manager. How then do equipment lease financing solutions allow your company to escape that ' being held ransom' feeling when it comes to getting the equipment and technologies you require to run and grow your business? Let's dig in.

It shouldn’t be a secret that asset leasing strategies have been around for centuries in Canada. While some forms of business financing have either become outmoded or simply don't really work well anymore leasing assets continues to offer the same benefits it always has, and makes sense all the way along.

What are some of the key advantages then if your choose to lease assets? There are other ways to finance those same assets, the most common being term loans, bank debt, etc. Business owners therefore have options, but experts tell us that close to 80% of all businesses gravitate towards leasing simply because it's one other external source of business credit.

And, effectively structured it allows your company to access the capital it needs typically on a 100% financing basis. To be fair, many asset leases do require a first payment in advance, or a down payment, but once you're past that your purchase is simply fully financed.

A prime concept here is also the fact that equipt. finance allows you to match the benefits of the asset or assets you are financing to cash outflows over that same period of time. And if the asset in question is an operating asset that helps your company generate revenue all the better giving that matching of cash outflows. We could call this ' self funding' as the asset pays for itself over the period of the term of the lease.

While we are talking about paying a lot of attention at the start of your asset financing journey it makes as much sense to consider what the industry calls ' end of term options’. Simply speaking many assets still have a residual value of use and properly structured you can take advantage of that value by arranging a lease that takes that estimated final value into consideration.

Business owners/managers spend a lot of time chasing capital these days. Equipment lease financing approvals are much easier to obtain compare to bank financing which often revolves around annual bank reviews, heavier credit diligence, etc. While most Canadian banks now offer leasing as an additional service it’s important to remember they do that in the context of their entire relationship with yourself.

The bottom line - once your company is approved for a lease and you're making your payments on time no changes are going to be made to your deal. That allows you to source your working capital and other debt financing needs from other lenders or institutions. The prime collateral of the leasing solution is simply the assets under that lease, and typically no other collateral is required.

Many manufacturers of the assets you require to run your business over captive or specially tailored programs to enhance their sales. Take advantage of them because no one is more incented to help you finance your needs than the vendor itself.

While we are primarily talking about ' ease of acquisition' for assets your business needs you'll find there are a number of tax and accounting benefits to asset leasing.

If you want to escape the feeling of limited options and that desire to not be held ransom in your asset financing needs seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success in equipment lease 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/asset-financing-equipment-lease-financing.html




Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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 '

Stan Prokop

Business Finance Solutions For Cash Flow : Why Your Working Capital Seems To Be Staying Put

You’ve Got Sales, Working Capital, Assets And No Cash – Here’s Why!

OVERVIEW – Information on business financing solutions in Canada . Why the cash flow conundrum exists and what how business owners and financial managers can understand and manage it






Business finance solutions arise out of the necessity that your company typically has revenues, working capital (on the balance sheet), assets, and... you guessed it... no cash on hand! Let's examine why that is the case, and what your company can do about it. Let's dig in.

To many business owners it's somewhat of an irony that they have what their accountants ( and the finance text books ) tell them is a good ' working capital ' position yet are sometime or always finding themselves constrained when it comes to cash flow generation itself.

It's difficult to avoid at least some of the accounting lingo on why that situation exists - at the heart of the matter is the simply fact that profits on the income statement, and receivables and inventories on the balance sheet are really what is creating the problem.

The business owner/managers ability to analyze, understand and address cash flow is the ' make or break' of business success.

Cash flow is essentially all about timing. Unless you are in retail, or operate an online business your cash will almost never equal your sales/profits. And more importantly, the amount of cash you generate more quickly allows you to continually re-invest.

We've always found it somewhat ironic that the definition of ' working capital ' by your accountants and the text books tells us that it refers to current assets that can be liquidated into cash within a one year period ! Naturally more working capital is better, but you can have all the working capital in the world and still be going broke quite quickly - simply because you aren't either turning your assets into cash or monetizing them in a manner that makes sense for your company.

Your ability to move a dollar faster through your entire operating cycle, or to monetize a/r and inventories allows you to consider other options such as investing in more equipment and technology, paying owner dividends, or paying down any ' term debt' your company has.

We spoke about either turning assets over faster - i.e. higher inventory turns, better collection of receivables. But what are the external financing methods you can utilize to eat the working capital/cash flow divergence.

Those business finance solutions, when it comes to cash flow include:

A/R Financing

Inventory finance

Commercial bank lines of credit

Asset based non bank lines of credit

SR&ED Tax credit financing

Purchase order finance

Working capital term loans (term loans that provide cash on a fixed repayment schedule - typically 3-5 years)


We have found over the years that most businesses, certainly in the SME Commercial sectors rarely look at ' PAGE 3' of their financial statements. Clients we talk to can be forgiven for this as the accounting world has done a great job of presenting this page ' The Cash Flow Statement ' in a very technical matter, breaking it down into 3 different analyses of cash . The ' operating cash flow' portion of this part of your financial statement is often key to understanding what’s happening to cash as it flows through your business.

If your business has sales prospects, assets, and not all the cash you need seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success in business financing solutions that address working capital challenges.


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 :


7 Park Avenue Financial = BUSINESS CASH FLOW FINANCING EXPERTISE



Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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 '

Stan Prokop

AR Finance Via A Receivable Financing Company : You Thought You Knew And Then You Read This

Looking For Real Words Of Wisdom In Receivable Cash Flow Financing?

OVERVIEW – Information on AR finance strategies in Canada. What does the Receivable Financing Company Offer That You Need?




AR Finance in Canada seems straightforward to most Canadian business owners and financial managers for the most part. However if you are not dealing with the right receivable financing company under conditions that reflect how you do business... well let's just say... Confusion has the ability to set in.

So let's share some of those pearls of wisdom around the cash flow financing mechanism that works great... when you understand whats happening.

Rather than taking on debt to finance your firms ongoing working capital needs many companies choose instead to monetize their 2nd most liquid asset - A/R. ( Cash on hand is of course your most liquid asset - it's just not as plentiful as you want it to be!)

If you firm meets bank criteria for cash flow / working capital needs you're in effect using that A/R as collateral for what most call a business line of credit. That's not really how Account Receivable financing works - under the ' paperwork ' involved in you are , at your discretion, constantly selling your accounts for a discounted amount .

The amount you receive, typically 97 - 98% becomes immediate cash on the balance sheet - pretty well the same day you generate a sales invoice. In effect you're simply shortening the total operating cycle of your business - and you can trust us that the costs associated with carrying your accounts receivable, risking bad debt, and missing out on opportunities to move your business forward because of a lack of cash is very nicely offset by your costs in the invoice to cash conversion via a Receivable financing company..

Canadian business owners have two choices when it comes to financing sales cash flow under the financing mechanism we've been talking about:

1. They can let an AR Finance firm run, manage, administer and finance all their accounts

2. They can choose to bill and collect in their own name, letting the finance firm remain quietly in the background. This method is we call CONFIDENTIAL A/R FINANCE

When we talk to clients that have used, or are thinking of using such an invoice discounting process we stress that it's all about the quality of the firm you are dealing with. Ultimately you want a firm that understands your business model, prices competitively, and has the capital to grow with your business.

By the way, some of the largest and most successful corporations in Canada figured this same type of financing out a long time ago. They call what we've been describing ' SECURITIZATION ‘. Like your firm should be doing, they focus on keeping inventory low and A/R turning into cash on had as quickly as possible.

The ' PERFECT STORM ' in AR finance happens when your firm is:

GROWING

HAS GOOD GROSS MARGINS ALLOWING YOU TO ABSORB THE FINANCING COST

FOCUSING ON GOOD ASSET TURNOVER AND MEASURING THAT TURNOVER

UTILIZING A RECEIVABLE FINANCING COMPANY TO FACILITATE GROWTH, NOT HIDE MISMANAGEMENT OF ASSETS

If you think this method of financing could work for your firm 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 the ' words of wisdom' that will allow your company to maximize the challenges of business financing and growth.



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 :



7 PARK AVENUE FINANCIAL = A/R FINANCE EXPERTISE!





Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?

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 '

Stan Prokop