Cash Flow Problems : Here’s Your To Do List For Your Turnaround In Working Capital Management

Cash Flow Shortage ? Don’t Worry The End Is Not Here and Here’s Why


OVERVIEW – Information on how business owners can correct the problem of a cash problem shortage . Working Capital Management is about solutions and actively managing your balance sheet




Working capital management in Canada must make some business owners and financial managers surely feel sometimes that ' the end is near '. It definitely doesn't have to be that way when it comes to fixing cash flow problems when you're focusing on techniques and solutions for ' the fix ' Let's dig in

We're the first to admit sometimes that the term' cash is king'

is somewhat of a overworked cliché , but when you're in the real world ( where we work and toil everyday) achieving cash flow to run your company, pay your bills, satisfy your creditors and , oh yes, grow your business is .. Suffice to say... challenging!

In many cases a large part of cash problems revolves around what we could term ' bulges' or ' seasonality' in a business or industry. It's simply those times when revenue at outpaces sales you would normally have at that time of year - perhaps due to a large contract, order, etc. In the case of retailers it simply might mean: Xmas!

At the other end of the extreme are start up businesses who are struggling to achieve the sales growth they have projected, all the while trying to contain those fixed costs they have.

One other key area of cash problem strife is the concept of ' progress billings '. We meet with many clients who have to bill their customers in stages - typical scenarios are a down payment, interim billings and final payment. This whole process can almost always reach 90 days, if not longer depending on the industry.

So how does the owner/manager address these issues? To the extent they can it’s very valuable to put a cash flow budget/estimate in place based on your historical experience. This will help you explain to banks and commercial lenders the reality of your situation.

Solutions that ' fix' working capital management problems include:

A/R Financing
Inventory finance
Working capital term loans
Commercial bank lines of credit
Non bank asset based lines of credit
Monetization of tax credits

Don't forget also that a key part of the accounting ' cash flow equation ' is accounts payable management. Delaying payables in a positive manner (negotiating better terms and better discounts and pricing) aids cash flow big time. How do you think big firms are so successful - it's because they have ' clout'.

Remember also that in the nether world of accounting profits don't equal cash flow , and the more inventories and receivables that you have in place simply means more financing with the above noted mechanisms are necessary . Naturally your ability to turn over A/R and inventory faster simply means better working capital management and positive cash flow.

If you are looking for a turnaround in your working capital and cash flows seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can ensure your ' to do' list is achievable in business financing success.




Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :

7 Park Avenue Financial = Working Capital Solutions





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

Receivables Funding In Canada: Let A Receivable Credit Solution Become Your Key To Cash Flow Challenges

Is Receivable Funding Your Golden Chance For Cash Flow Success?

OVERVIEW – Information on receivables funding solutions in Canada. The Receivable Credit solution comes in various forms – which one works for your firm


Receivables funding in Canada, thankfully, comes with choices. Is a receivable credit solution your firm's ' golden chance ' at working capital success. It just might be, and here's why. Let's dig in.

It clearly is a good thing that the business owner has choices in A/R financing. One of those reasons is that bank financing, for some, or all of the cash flow financing you need simply might be unattainable by Canadian chartered bank standards.

So enter A/R finance. It comes in various ' sizes' and ' flavors’. It can be a stand alone solution, or in some cases it can be a sub set of an asset based line of credit, that type of facility monetizes both receivables and inventory and equipment into one revolving line of credit.

And, throwing more choice into the mix, the Canadian business owner and financial manager has the choices of utilizing ' traditional ‘A/R factoring, or it can opt for our preferred and recommended solution: CONFIDENTIAL RECEIVABLE FINANCING.

The key difference in understanding non bank receivable financing simply boils down tot two things:

UNDERSTANDING PRICING
UNDERSTANDING HOW IT WORKS

While it only makes sense that an alternative non bank solution will be more costly thousands of firms gravitate to this method of business financing simply because it gives them all the cash flow and working capital they need based on their sales level - with virtually no upper limit to financing available.

If you opt for traditional financing, most typically called ' FACTORING' you're involved in a tri part deal between yourself, your lender, and your client. Your client pays the lender, the one key advantage to your firm is that you receive the cash, at your option, the day you make and invoice the sale. That's clearly cash flow power. The cost of that transaction, typically 200$ on a $10,000.00 invoice ( assuming 30 day terms/payment) can often be very justified when you consider your new found ability to buy inventory, reduce payables, take discounts with your own suppliers, or negotiate better pricing.

Two other key factors come into play when considering non bank receivables funding. First of all, you aren't taking on debt; the accounting treatment of A/R financing is simply not ' borrowing' when recorded by your accountants. And finally, you can of course bring in new equity into your firm, or consider a working capital term loan - but those two solutions simply dilute ownership and bring debt to the balance sheet.

The Confidential A/R financing we mentioned simply allows you to receive all the benefits we mentioned, but it’s not longer a ' 3 way ' - because you bill and collect your own receivable with no notice to any client or vendor.

Is a receivable credit solution in the works for your firm? It just might be the ' golden chance ' for cash flow peace of mind. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can guide you through the myriad of lingo and options for this very popular method of financing growth.



Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial = Canadian A/R Funding Solutions





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

SR ED Claims Financing In Canada. Don’t Be A Victim Of The Waiting Game in SRED And Film Tax Credit Incentives

Just How Good Is Movie tax credits , SR&ED Program Claims Financing Via Bridge Loans ?


OVERVIEW – Information on financing s red claims and film tax credit incentives . These credits , financed properly and in a timely fashion can provide valuable cash flow

and working capital to business owners in industry and project owners in media ( film/tv/animation)




SR&ED Claims financing and the finance of film tax incentives in Canada eliminate the ' victim' part of these two solid government programs. The' victim' part arises when a lot of work and effort and by Canadian business people leads them to ' waiting '

for their claims to be finalized and funded.
Let's dig in.











Let's examine some key benefits in financing tax credits under 2 of the most popular programs in Canada -

SR&ED (Scientific Research and Experimental Development)

Film/Digital/Television Tax Incentives


Similar to programs in the U.S. the Canadian government funds research via R&D tax credits. Here's one case where the ' little guy' often benefits more than larger and sometimes publicly traded companies in Canada. Private ( i.e. not publicly traded ) firms receive billions of dollars of funding in Canada for recovering a large percentage of the monies they spend on salaries, contractor cost and overhead as these relate directly to research.

While the thousands of firms that receive funding might find their claims a little smaller these days (example: equipment purchases related to R&D no longer qualify) the ' cash back ' benefit of the combined federal/provincial program can't be denied.

Prior to considering SR ED claims financing a tremendous amount of work, and some risk goes into claim preparation . From software firms to mfg companies all across Canada third parties known as ' SRED Consultants ' prepare and file claims. The majority of claims prepared seem to be on a contingency basis, with the SR&ED consultants bearing the risk in time and costs in your claim preparation. In return for that they typically take a fee of 15-30% of the total claim. Naturally business owners also have the choice of simply paying for a qualified SR&ED practitioner on a straight fee for service basis.

While the government has clearly made things easier for claimants, i.e.

Self assessment tools to help guarantee approval success

Simplified and shortened online application

none of that takes the ' waiting' out of your cash refund.

FILM TAX CREDITS:

Media credits in movies, TV and animation, also under the auspices of federal and provincial programs, take a lot of the risk out of the task of financing projects. Traditional bank type financing is difficult to achieve for smaller independent producers. The complex web of financing a project involves a lot of moving parts:

Pre-selling your project

Consideration co-producers to complete funding

Owner Equity

Product placement/sponsors

'GAP' financing (a ' bridge' between production and future sales potential)




Have we forgotten anything?

We sure have! It’s the generous film tax credit incentives that monetize a large part of the costs of production of any project. In many cases of 40-50% of a qualified budget can become a tax credit refund to owners. Claims are best prepared by experienced film tax credit accountants - specialized folks who maximize claims.

While some might argue there is little in common between producing an animated film versus striving for improvements in software, biotech, mfg, or robotics the one constant is the finance ability of either of these two programs.

While owners can choose to wait for months , perhaps up to a year for recouping funds under either program they also have the option to ' cash flow' their tax credits .

Tax credit loans for SR ED and Media are financed very similarly. Bridge loans will advance typically 70% of the combined value of the federal and prov. claim. No payments are made during the loan period. When the government approves and funds your credit you receive the balance of the claim, less financing costs that are typically priced at ' mezzanine ' type rates.

If you feel you can benefit from the immediate financing of film tax credit incentives and SR ED projects seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in claim finance.

P.S. Yes, it's true; claims can also be financed prior to formal submission to government bodies.




Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :



7 Park Avenue Financial = SR&ED And Media Tax Credit 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

Fax = 905 829 2653

Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing with the intelligent use of experience '


































Stan Prokop

A Franchise Business Loan Shouldn’t Be A Gamble: Make Franchising Finance Strategy Successful

Do You Have What It Takes To Get A Franchise Loan In Canada

OVERVIEW – Information a achieving success in a franchise business loan in Canadian franchising . Franchising finance solutions depend on what you’ve got and how you show it! Here’s why and how



A franchise business loan in Canada seems to be viewed by some as a ‘gamble’

on franchising finance success. We certainly have never looked at it that way, and if you follow that famous Boy Scout motto (BE PREPARED!)
you'll be viewing financing your franchise in terms of a strategy, not a gamble! Let's dig in.




Various types of financing might be required by a franchisee. The most common is probably a term loan - typically with a 5-7 year term, fixed interest rates, and a therefore predictable monthly outflow of cash in terms of the loan. Naturally the amount of the purchase, coupled with your down payment or equity installment determines the ' monthly damage'!

In almost 99.99% of the time your ability to repay the loan will come from sales and profits you generate in the business. That’s where a serious amount of time needs to be spent on your cash flow forecast - it’s a task not loved by all but very necessary. And frankly if you don't want to do it yourself there is a lot of help available from your banker, accountant, or a Canadian business financing advisor.

We often hear the expression that you shouldn’t assume anything.

However, assumptions in your cash flow forecast are critical relative to revenue growth, expenses, owner draws, future investments required in the business, etc.

Security for a franchise business loan in Canada typically is the personal guarantee of the borrower, as well as the collateral financed inside the business. That typically exists of equipment and leasehold improvements.

If the franchisee is dealing with either a specialty lender, or utilizing the Canadian small business loan program to finance the business typically no outside collateral will be required. That tends to be great news for the wives and husbands of new franchisees who don't have to put the family home on the line. We see many franchise owners that mortgage their homes to purchase a franchise - in hindsight this tends to be a failed strategy - in essence they have ' too much' equity in the business and are putting personal asset at risk in case of problems down the road .

As we have hinted the success you have in financing your new venture is clearly tied to your business plan / executive summary. Many clients we meet have that ' glazed look' when we start discussing preparation of their plan. It's a lot more common sense than you think.

Elements of your plan will hinder, or guarantee franchising finance success. Our key tips in this area include:

Focusing on the basics - start up risk mitigation. Cash flow & profit projections

A clear summary of how revenues will be achieved and how expenses can be contained

Strong focus on the franchisor, the industry you are entering (hospitality, service, etc), client growth, etc - Some good industry data helps re trends, competition, etc

Conservative financial projections that make sense when it comes to making money and paying your franchise loan(s)


In fact the business plan can be a great document to revisit on a monthly or annual basis to determine what’s working, what didn’t work.

Take the gamble out of franchising finance risk - Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can ensure you've got what it takes to be a franchisee entrepreneur.


Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :



http://www.7parkavenuefinancial.com/franchise-business-loan-franchising-finance.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

Working Capital Management A Priority : Cash Flow Finance Explanations And Solutions In Canada

The Science And Fiction Of Working Capital



OVERVIEW – Information on working capital management in Canada . Understanding cash flow finance for management of assets and financing solutions just got easier

Working capital management in Canada should be a priority for Canadian business owners and financial managers. So when it comes to understanding cash flow finance we maintain it’s a bit of a science (or art?) and there’s a bit of fiction or fallacy in some of the information out there. Need clarification? Let's dig n.


As a business the levels of your ' working capital ' determines the amount of cash you will need and use in your day to day operations and growth plans.
We are always somewhat amused at the ' textbook ' definition of working capital, which maintains that if your current assets such as accounts receivable and inventory are ok to be converted to cash within a year you have... you got it... working capital. Another fallacy, it seems to us at least, is that the larger current ratio is desirable.

In our words those last two points are a bit of the ' fiction ' we're talking about. Why? Simply because in the real world (that’s where we work everyday) asset turnover needs to happen with a lot more emphasis than a 1 year timeframe. Furthermore, if you delve deeply into the text book definition of current ratio liquidity you just might find that great current ratio your accountant, or banker, maintains you have simply masks poor turnover of inventories and slow or uncollectible A/R.

The best way to determine if your working capital is ' working ' is to take a close look at your operating cycle. That’s the time it takes for 1$ to flow through your company from the point of taking an order to collecting cash

Since working capital management is all about paying and reducing accounts payable any current assets that can't always cover payables in their turnover must be financed.

Ways to finance working capital cash flow needs? They include:

Bank lines of credit
Non bank asset based lines of credit facilities
Accounts Receivable Financing
Inventory Financing
PO Financing
Tax credit monetization of SR&ED Receivables
Working Capital term loans

In all cases except for the above mentioned working capital term loans you are not taking on debt, you're just monetizing assets.

Always track the level of current and projected sales in relation to your cash flow and working capital needs. Sales are not ' gratis' - they have costs associated with them, and remember that profit does NOT equal cash on hand.

If you're looking for cash flow finance solutions and management tips 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 sorting out the fact and fiction of working capital management and finance.


Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :

7 Park Avenue Financial = Working Capital & Cash Flow Finance Solutions




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 Options In Canada : Corporate Funding Solutions And Alternatives

Waiting for the ‘ Second Coming’

In Business Financing In Canada : It Might Have Already Arrived !


Information on how owners/managers can access business finance options in the Canadian marketplace. Corporate funding alternatives exist in traditional and alternative solutions if you can position your firm properly




Business finance options in Canada, when achievable, provide a sense of security to Canadian business owners and financial managers. When we talk to many clients and business folks they feel their financing solutions are limited; in other cases they know they have options but don't know where to look or who to talk to. Let's dig in.


Our position? The second coming in Canadian business financing might already be here - you just didn’t get the memo!

The reality is there are many traditional and alternative financing strategies that give the owner/manager a broad spectrum of funding alternatives , And trust us, we're not talking about large well funded already public companies with access to capital , equity markets , and Bay Street smarts . Those solutions apply equally as much to the SME (Small to medium Enterprise) sector in Canada.

Financing is of course required for a variety of circumstances; it might be growth, operations, turnaround / recapitalization, and even the acquisition or merger of your firm with/by another.

It's not secret that the Canadian business financing landscape has evolved dramatically in only a few short years since the 2008/2009 financial debacles every company on the planet felt the brunt of.

There is one huge irony

we've observed - the constant message by Canadian banks and financial pundits that there is a lot of corporate funding and capital alternatives available to business. Yes, we agree, it’s just that the hurdles to achieve those goals seem much higher. The bar has been raised.

So how does the owner/manager, whether it be a start up or a mid market size type firm achieve access to financing. First of all they need to know if they are looking for and suited for the right amount of ' debt' or ' equity '. As importantly they need to know who to access for that funding - it might be a bank, but it also might equally be available from independent commercial finance companies and asset based cash flow lenders.

Naturally it takes a bit of time to search out these alternatives, and to feel secure you are dealing with and talking to the right parties. Here is might be highly advisable to 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 positioning your business for the financing it deserves

What then are some of those solutions and finance options? They include:

Receivables financing

Inventory finance

Sale leaseback

Equipment leasing

Bridge loans

Commercial bank lines of credit

Asset based non bank credit line facilities

Term loans/ Working Capital Term loans

Government SBL loans ( max to 350k)

Securitization

Mezzanine Financing


How to approach those solutions? The way we do it with clients is pretty straightforward:

Understand your current financial position

Ensure a cash flow or business overview/plan is available

Commit time to speaking to qualified capital sources

Pick the financing alternative that is achievable in current circumstances

In essence you want to properly ' navigate’ those sometimes complex financing waters.

When you understand your current liquidity and capital structure issues you've clearly discovered, you guessed it, the 2nd coming of business financing and corporate funding in Canada.



Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial = Canadidan Business Finance Options


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

Stop Worrying And Embrace AR Finance Solutions In Canada : Understanding Factor Pricing and Benefits

A Quick Dive

Into The Math Of A/R Financing – Going Undercover In Factoring Receivables




OVERVIEW – Information on the different methods and cost of AR Finance solutions in Canada . Factoring receivables via a confidential receivable financing solutions works when you understand the math and benefits








AR finance solutions in Canada go under various ' pseudonyms ' - they include ‘factoring’, ' invoice discounting’ etc. Not only can the names be confusing sometimes (there are some subtle differences in each type); actual arithmetic around this type of financing is clearly not understood by clients we meet and talk to. Let's dig in.

Therefore if there's a theme or message it’s both the ' COST' and the ' STYLE ' of this growing method of financing your business.

When it comes to recommending what type of receivable financing solution you look into we're clearly recommending ' CONFIDENTIAL RECEIVABLE FINANCING '. It, like traditional factoring, invoice discounting, etc is a subset of what we can broadly term ' asset finance ‘. The key benefit of this method of business financing is clear - monetizing your sales as soon as they become accounts receivable!

Unlike traditional forms of A/R finance your company is responsible for all billing and collections, and the better you manage your accounts the more cash flow and less financing costs will become very apparent.

Why does the business owner want the ability to manage their own business and keep their financing private? The more obvious reasons are pretty simple - Canadian business owners and managers feel that their suppliers, competitors, and other parties don't necessarily need to know how their business is financed. Most business people would agree that the posture of Canadian business is more conservative than that in the U.S., which is probably why Confidential A/R finance lends itself very well to the Canadian market.

Another key benefit of financing receivables in this manner is the ability to get 90% margining of your accounts. This differs from the traditional 75% allowed by Canadian banks. Funds received from financing in this matter allow your firm to:

Reduce payable levels
Take supplier discounts - enhance vendor relations with key suppliers
Negotiate better pricing based on new found cash ability

As we said the key to understanding why this method of financing might work for your firm is often in the math. Financing is based on a 30 day collection period and costs increase on a ' per diem' basis for your clients that pay later than 30 days. Beware of any facility that doesnt quote you a per diem rate.

Using a $1000.00 invoice as an example it will cost you about 15$ to finance that invoice if your terms of payment are 30 days

The danger of understanding A/R finance pricing comes when business owners and managers compare it to bank financing or working capital term loans. A better way to look at it is to consider it in the same manner as if you were offering a discount to your accounts for prompt payment.

The reality of financing your customers is that a lot of working capital and cost is tied up in your investment in A/R. Confidential A/R financing allows you to operate your company, grow your company, and not take on excessive debt or search for new equity.

Strong asset turnover and new found cash flow allow you to stimulate more sales and generate more profits. 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 cash flow needs.



Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 Park Avenue Financial = Canadian A/R Financing Solutions







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