WELCOME !

Thanks for dropping in for some hopefully great business info and on occasion some hopefully not too sarcastic comments on the state of Business Financing in Canada and what we are doing about it !

In 2004 I founded 7 PARK AVENUE FINANCIAL. At that time I had spent all my working life, at that time - Over 30 years in Commercial credit and lending and Canadian business financing. I believe the commercial lending landscape has drastically changed in Canada. I believe a void exists for business owners and finance managers for companies, large and small who want service, creativity, and alternatives.

Every day we strive to consistently deliver business financing that you feel meets the needs of your business. If you believe as we do that financing solutions and alternatives exist for your firm we want to talk to you. Our purpose is simple: we want to deliver the best business finance solutions for your company.



Sunday, July 27, 2014

A Bridge Loan For SRED Financing Or The Film Tax Credit : A Bottom Of Ninth Inning Solution













First And Goal By Financing Your Film or SR&ED Tax Credits


OVERVIEW – Information on achieving success in SR&ED and media ( movies / tv / digital ) government incentives . SRED Financing via a bridge loan for your film tax credit or SR ED claim provides valuable cash flow .. now








A bridge loan for a film tax credit or SR&ED R&D incentive credits allows you to finish the game a lot sooner, while winning at the same time. Our bottom of the 9th inning analogy seems a correct one - it's been a long game from the time the SR&ED or film tax credit process was started.

Financing via a bridge loan for either of these two finishes the game, and cash flow is declared the new winner. Let's dig in, separately for each type of credit, and then we'll bring the financing aspect for both in - a remarkable similarity exists for the finance solution to tax incentive claims.

SR&ED:
From the business owner/financial managers perspective there’s a long game plan in place for research and development credits. As much as owners wish to accelerate the process several key issues always slow things down - sometimes a little, sometimes a lot.

And by the way, that includes the necessity to address recent dramatic changes to the program in the last few years. Those changes revolve around the actual filing of the claims, who writes your claim, and how the claim is calculated. A most regular or new claimants find out, it’s the ' SR ED Consultant ' that typically prepares a claim.

Aligning yourself with a qualified consultant allows you to both maximize the financial benefit attached to your claim, as well as minimizing or totally eliminating cost and risk associated with a research claim. That's because the majority of SR&ED consultants prefer to be paid on contingency - they take on. The risk and cost of preparing a good claim. Their compensation? They receive a negotiated portion of the refund as their fee for preparing a proper claim.

FILM/TV/MEDIA CREDITS:

No type of financing is more of an ' art ' than the complexity around a full finance package relating to a media production. Getting capital together in areas of equity, debt, and mezzanine financing is, at its best moments - seriously challenging.

The film tax credit incentives that are provided by the combination of provincial and federal incentives (typically combined) assist independent producers and production owners in filling gout a large part of that financing need. A healthy tax credit component to any project clearly and obviously eliminates some of the other financial risk associated with any project.

While a small handful of Canadian chartered banks play some role in film finance it’s the tax credit that becomes usually the corner stone of any financing. The role of the SR ED consultant now changes to the ' Film Tax Credit Accountant ‘. He or she has the same goal - maximize the amount you can claim and receive for Canadian content - which by the way can be in the form of co productions with other accredited countries. Labor, service and hard assets become eligible for healthy re-imbursement. Even where you film or produce gets you extra points/extra funding.

And we're not forgetting the ' digital ' aspect of tax credits - as many projects these days are ' Transmedia ‘in nature - i.e. Special FX, animation, etc. A separate (and again ' healthy ‘) tax credit exists for the digital world.


So, its ' first and goal ' for the owners of a SRED or film tax credit. The financing of either of these credits is similar; it’s done via bridge loan, and allows you to monetize your claim as fast as you are able to apply. Both credits are typically financed under the same structure - bridge loans with a 70% advance against the total amt of your claim. The monthly payments? There are none, as your loan is finalized when your claim is approved and funded by the government. At this point you receive the 30% balance of your claim, less financing costs.

New innovative SRED Financing / film tax credit allows you to cash flow your claim prior to filing it. This works best when you've got a track record but is not necessarily a strict requirement.

Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success when your goal is to finance research and film incentives. A great way to successfully eliminate the 9th inning challenge!

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 SR&ED AND FILM 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



Email
= sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

























Friday, July 25, 2014

Financing Franchises In Canada : Which Franchising Loans Solutions Make Sense For You






6 Ways To Finance a Franchise In Canada – Spoiler Alert – 3 Are Not Recommended


OVERVIEW – Information on financing franchises in Canada. Franchising loans can be separated into different categories – which one is right for your purchase or acquisition.



Financing franchises
in Canada has the potential do be done right, or incorrectly when it comes to the types of franchising loans that the potential franchisee might consider when purchasing a new or existing franchise. Note - Not all franchisees recognize an existing franchise can also be purchased. Let's dig in.







In a perfect world ( it's not )
you want to have the ability to assess every financing option you have and pick the one that is best suited to your needs Some of those choices might be we can call' traditional ' - some might be creative or alternative in nature.

While industry associations tout financing as a key initiative for the industry the franchisee often finds it very frustrating to source ( in a timely manner ) the capital they need to acquire the business.

It's all about you, as the franchisee and the lender(s). Let's examine the key elements that allow you to assess the amount of risk you personally are willing to take, as well as the risk any lender perceives in yourself and your transaction.

Let's examine 6 options:


1. In certain cases the franchisee has the ability, via personal resources to pay cash for the entire business purchase. Whether that’s driven by pride of ownership or fear of borrowing there are pros and cons to this option. As a cash buyer you are in a position to have not debt and financing costs associated with a franchise loan.

That heightens your probability of success, but at the same time puts all your investment 100% at risk if the business falters of fails. We have encountered numerous clients who have tapped out all personal resources and become at risk of failing when an initial stumbling block such as falling sales occurs. Remember also that even the largest corporations in Canada recognize it's good to have some debt to experience maximum return on investment based on the mix of equity and debt.

2. Traditional loans - typically these are bank loans and banks very, very rarely finance franchises on an as is basis. If they do they will require owner equity and collateral many times more than the investment you require. Additionally many industries are out of favor in some respect when it comes to traditional bank loans.

3. Many franchisees collapse personal savings such as registered accounts, or in some cases collateralize their homes in order to complete a franchise financing .Here again both the overall risk as well as tax implications often don't make sense when it comes to financing franchises in Canada in this manner.

4. Supplemental financing solutions - These are great and can complement the financing of your business. They include working capital term loans, merchant advances, equipment financing, and credit lines secured by inventory or receivables. While often not able to facilitate the entire financing they often can help complete a transaction nicely.

5. Franchisor financing - the bottom line, almost no franchisors finance their franchises in any sort of manner. They sell franchises and either don't have or want to commit the capital to complete a sale to the franchisee. The real solution is to finance the business via a specialized franchise finance firm who is associated with the franchisor directly. There are really only two n Canada at the time, and their scope is somewhat limited to larger well known chains.

6. SBL Loans - The Canadian CSBF program is a government sponsored bank loan that finances thousands of franchises. While not originally designed to finance franchises it has become a ' go to ' for many franchisees. The program has great rates, terms and structures, in some cases even better than traditional financing! The one caveat is that the program only finances equipment, leaseholds and real estate.

Which solution is right for you? As we have seen, some are great; some are not so great and in fact bring additional risk to the table. Also ensure you have a proper business plan and cash flow forecast, as well as a personal inventory of your financial net worth and the capital you can contribute to the business.

One solution? 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 franchising loans that make sense for your situation.



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 FRANCHISE 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 '



















Wednesday, July 23, 2014

Business Credit Facility Agreement : What You Wanted To Hear On Revolving Loan Needs





Don’t Settle For Business Credit Lines That Don’t Suit Your Needs


OVERVIEW – Information on the benefits and requirement for a business credit facility agreement . A revolving loan from a bank or commercial finance company assists in the financing of A/R and Inventory





A business credit facility agreement is often a necessity for any emerging and growing company. What are the qualifications for a revolving loan of this type, and are there choices in types of facilities? Or alternatives? Let's dig in.

In its simplest form a business credit line is a secured arrangement with a bank or commercial finance company to finance cash flow and working capital needs with Accounts Receivable and Inventory as an example. A facility works best for all parties when it constantly ' revolves '.

Your ability to manage such as facility as a borrower relates directly to your turnover of receivables and inventory. Those are key drivers in the approval for the amount and type of your facility.

In Canada business credit lines are offered both by Canadian chartered banks
as well as commercial finance firms, some of whom are called ' ABL ' lenders. That’s because those firms offer non bank asset based lines of credit.

What determines then your ability to get approved for the type and amount of financing you require? When it comes to a bank facility it’s the various components of what we call your ' risk profile '. They include quality of financials, size of current assets (A/R / inventory) and management depth and personal credit of business owners.

When you business can't achieve true bank financing, or, in some cases the amount of bank financing you need commercial finance firms can readily address your needs. Here the total focus and emphasis changes to basically only size and quality of those same busines assets.

While more costly business owners and managers we introduce this type of lending to are happy to hear that borrowing margins are much more generous. Typically that’s 90% of A/R and anywhere from 30-70% of inventory. And want another kicker - your facility can be significantly more increased if you choose to have other unencumbered fixed asset to be including into your borrowing base. That a true cash flow super charger!

You will be typically required to provide regular reporting capability vis a vis financials and aged inventory and a/r reports. For a bank this might only be one a year, sometimes more regularly. But when it comes to reporting on Asset based non bank credit facilities expect to report monthly all the time, and sometimes weekly. Various industries have different risk profiles associated with their inventories and receivables.

As a business owner or financial manager you should never have to settle for less when it comes to what you need for credit facility and loan needs. If your firm is not ' bankable ' in the amount of cash flow and working capital financing you really need seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success to ensure access to a proper business credit facility agreement.





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 BUSINESS CREDIT LINE 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 '































Franchising Finance Canada : Don’t Settle For Less In Franchise Business Loans








Feeling Out Of Control On Franchise Business Loans ?













OVERVIEW – Information on critical elements of franchise business loans in Canada. Franchising finance in Canada requires specialized focus and knowledge







Franchise business loans
in Canada can easily give the Canadian franchisee that ' out of control ' feeling when financing is needed. So when it comes to franchising finance where does one go to, who can you count on for assistance? Let's dig in.

Top industry experts tell us that over 30% of those folks considering purchasing a business in this industry rarely consider at the outset the financing and cost of the business!

Even more so of a predicament is that the average franchisee considers ' the bank ' as the logical (only?) source of capital for their business purchase. The reality? It's that very few franchises are financed by banks in a direct manner. Many are financing in an ' indirect' manner, more about that one a bit later.

So who then is doing the financing in this industry? Unlike our counterparts in the U.S. financing solutions for purchase of a franchise hardly abound, but the good news is that that are still available - you just have to know the lay of the land.

Certain specialty franchise financing firms have major programs in place for specific franchisors. More often than not these are ' tier 1' type names for major brands with strong brand recognition. If your business purchase does not fall into that category you're immediate challenged?

We spoke of an ' indirect ' manner to finance your franchise via a bank. That is achieved under the CSBF program that is sponsored /administered by INDUSTRY CANADA, a branch of the Cdn government. Commonly called the ' SBL ' Small business loan this program is run by the banks but the majority of the loan is ' guaranteed ' by the government.

While we think it's a great program for franchising loans our problem with the SBL loan is that each bank has their own twist and interpretation on the requirements. So it's incumbent on the franchisee to ensure they have the knowledge, or the help of an advisor, to maximize success in financing approval under this program.

Going it alone in business is never a great feeling, especially in start up or business purchase mode, so don't forget to draw on the experience of your contacts with a lawyer, accountant, a business advisor, etc. It's their skill and expertise that will change losing to winning.

Financing can also be significantly complemented via equipment financing, working capital term loans, working capital credit lines, etc.

Don't forget also that an existing franchise can also be financing in much the same method as a start up/turn key scenario. In some cases it reduces risk as you have access to financial statements, asset lists, etc of the existing owner. Naturally the approval of the franchisor is also required.

So, bottom line? You don't have to settle for less when you've got some knowledge and experience behind you. Eliminate that ' out of control' feeling in financing a franchise - 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 your franchising finance 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 FRANCHISING 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 '




































Tuesday, July 22, 2014

Commercial Bank Business Loan Success In Canada : Key Ingredients In Financing Businesses Properly






Hitting The BullsEye With Bank Loans And Financing In Canada



OVERVIEW – Information on the commercial bank business loan in Canada . Financing business needs comes via understanding key elements and alternatives



Financing businesses
in Canada for the majority of business owners and financial managers conjures up more often than not only one thought - a commercial bank business loan. While other alternatives exist, more so today than ever our banks are usually top of mind when it comes to finance solutions. Let's dig in.

Whether it’s operating capital to run and grow their business or term debt of some sort it’s that external capital challenge realization that becomes your focus. For businesses in the SME Commercial (small to medium enterprise) sector that funding might come from personal resources or the proverbial ' friends and family ' but typically the owners focus is either a bank or commercial finance firm.

Does the typical owner / manager understand what drives bank approvals for financing requests? When we talk to clients it's usually listening to their negative experiences in accessing bank funding. We've always found that interesting as there is probably not a more straightforward system that banks use to scorecard and approve financing. Let's take a look at some of those key ingredients in properly funding a business.

Let's take a look at that system a bit, if anything it will provide the borrower with the ability to self evaluate , saving time and energy on getting the right financing. Oh, and by the way, in our opinion it's the banker not the bank, so focus on a relationship, not a logo.

While banks offer a number of solutions - typically revolving credit facilities, term loans, asset financing, etc. the focus for approval always comes down to looking at current and forecasted financials to determine the best method of structuring financing.

That is not to say that past performance is not also looked at, as well as the overall asset quality of your business in relation to the amount borrowed.

The actual 'net worth ' of a business is key in bank financing. The amount of debt you have, in combination with the amount you are requesting must make sense to the bank. One key rule of thumb for the majority of industries in Canada is that your total debt should not be more than 2 times the equity in the business. As we said though, that formula varies within industries.

Many businesses in the SME sector, particularly start ups and smaller firms can take advantage of bank financing via the Government Small Business Loan. Recent changes to the program make this financing even more attractive, but it already offered good rates, Borrowing limits recently increased also, with the previous limit being 350k.

When bank financing is not available for the firm that can’t meet the ownership equity issues and cash flow coverage that a bank desires non bank solutions usually can. They include:

A/R Financing

Inventory Finance

Asset based non bank revolving credit facilities

SR&ED Tax Credit Financing

Equipment Financing/Sale Leasebacks

Working Captial term loans

PO Financing


If you're looking to hit the ' bulls eye ' in a commercial bank business loan seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can help ensure 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 :

http://www.7parkavenuefinancial.com/commercial-bank-business-loan-financing-businesses.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 '


























.


Monday, July 21, 2014

Finance Companies And The Bank : Your Pre Flight Plan For Canadian Business Financing Has Changed






We’re Not In Kansas Anymore Dorothy .. Canadian Business Financing Has Changed


OVERVIEW – Information on changes in Canadian business financing . The solutions and roles of finance companies and banks have changed dramatically





Canadian business financing has changed. As we learned in the classic Wizard of OZ MOVIE what you expect in one world might not necessarily be the case. Sorry about that Dorothy!

Simple as that. So whether it’s ' the banks ‘, or commercial finance companies in Canada you need a 'flight plan ' of sorts, more than ever, for the finance challenges your company faces. Let's dig in.

Most business owners and financial managers recognize that the access to the financing they need is vey much dependent on the current state of the credit markets, economy, etc. As an owner/manager of a business you keep hearing about all the ' capital ' that is out there, it just doesn't seem to be anywhere close to you!

When accessing credit through banks or finance companies in Canada it’s all about terms, rate and structure that suit your specific business. That then needs to be broken down into the right delivery - from either a Canadian chartered bank, a commercial finance company or asset based lender, and in a small amount of cases equity financing from VC’s, PEG's ( private equity groups ) etc.

By the way, probably only one of every 500 or so firms is actually a candidate for equity type financing in Canada, so valuable time is often wasted pursuing this route. However, if you're one of those 500 Congrats!

So how do you know which funding alternative makes the best sense for your firm. It's important to realize what ' stage ' your company is in, which ranges from pre revenue start ups to mature growing companies , and in the middle of all the SME COMMERCIAL area - the latter probably being the largest sector.

Use of funds is important in consideration of financing. That might be all the way from acquiring another business, to acquiring new assets, monetizing cash flow, etc.

There is a very basic ' flight plan ' you probably should follow in seeking financing. That includes thing such as being prepared for the right timelines, as it ALWAYS takes longer than you think, so starting early is important. Knowing your competition is financed is also helpful as certain industries qualify much better for certain types of financing.

As we are focusing on non equity type options, it's important to know what debt financing makes sense, how it works, and what asset monetization strategies cost.

So what in fact are those potential sources of financing from banks or commercial finance firms? They include:

Bank lines of credit / term loans

A/R Financing

Inventory Finance

Purchase order/supply chain financing

Asset based loans/bridge loans

Equipment Financing/ Sale leaseback strategies

Monetizing SR&ED tax credits

Government Small business loans

Cash flow/mezzanine loans


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 matching and sourcing the right amount of financing for your company.






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 BUSINESS FINANCING SOLUTIONS FOR DEBT AND ASSET MONETIZATION







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 '

































Friday, July 18, 2014

AR Finance In Canada : Avoiding Rough Waters In Receivable Services Purchase Financing









Take A Swipe Against One Of The Two Negative Issues In A/R Financing in Canada










OVERVIEW – Information on receivable services in Canada . When it comes to purchase financing and AR Finance certain negative perceptions around this method of financing can be easily corrected . Here is how







Receivable services
as they relate to purchase financing are often a major point of discussion when it comes to two areas of consideration - how they work on a day to day basis, and of course... pricing.

Some might say there are some ' rough waters '
as it relates to this aspect of Canadian business financing. We've got some thoughts on pricing, but our real focus on AR finance today is really how a facility works. Let's dig in.

Many clients we talk to are simply not aware of the growing popularity of receivable finance - and it's a world wide movement by the way - if anything Canada was a bit late to the game. Confusion often exists in the mind of the business owner/financial manager as it relates to the differences in financing your A/R via the bank or a third party commercial finance firm.

We can say somewhat ' tongue in cheek ' that one of those differences is approval by they way!. But putting aside getting approved the real difference is how these facilities work.

The words ' purchase ' and ' collateral ' are key in understanding the financing differences. In the case of a Canadian chartered bank it takes your AR as collateral under a borrowing agreement. The paperwork around receivable financing in effect states you sell your A/R as opposed to collateralizing it. That's the key difference.

One benefit of receivable services is that you can utilize it on an ongoing basis for all your accounts, all the time, or, if you choose you can selectively only utilize what you need at any given time. In fairness that of course also exists at the bank under their facility - in both cases you are only paying for what you use.

For 99% of all purchase financing of receivables there is a requirement that your client be 'notified ' of the financing arrangement. This creates those ' rough waters ' for many business owners as they don't necessarily like to have the world see how they are financing their business, much less their competitors.

So can the owner/manager seeking cash flow financing avoid that whole issue of notification? The answer is a resounding ' YES YOU CAN ' - and that is achieved via Confidential Receivable Financing.

How does that work then? It's pretty basic - your firm and your firm alone are responsible for billing and collecting your own invoices. Naturally the better you are at extending credit and managing asset turnover in receivables lowers the overall cost of this method of financing. (These costs can be reduced big time in other ways - including your new found ability to take discounts with suppliers as well as the opportunity to negotiate better pricing with suppliers based on payment terms and ability)

The qualifications for Confidential A/R financing are still the same - your customers must be inside North America, you must have the ability to produce regular financials and your business must be in a steady or upward spiral as opposed to ' downward '!

AR Finance purchase financing of receivables makes total sense when you are unable to achieve the cash flow and working capital needs via a bank or owner equity. To re view how things work , costs, and benefits consider seeking out and speaking to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you in navigating rough waters in financing considerations for your company .



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 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 '