Cash Flow Financing Alternatives To The Business Loan Challenge In Canada

Looking for ‘ Fun Facts ‘ In Business Cash Flow Alternatives ?

OVERVIEW – Information on business loan alternatives in Canada . Cash flow financing requires the right combination of asset monetization, debt and potential equity / quasi equity solutions

Business loan challenges aren't always associated with ' fun facts' for Canadian owners/financial managers. When it comes to either cash flow financing, monetizing your assets, or even exploring some equity options there are numerous sources that might not have been either identified or understood. Let's dig in.

While in some cases one simple financing/refinancing solution might do the trick more often than not it’s a combination of a couple of different solutions that are required to ' cobble together ' the financing your business needs.

Businesses that own their facilities, or own specific assets without liens can utilize a sale leaseback strategy to generate working capital.

Lease to own strategies are very common solutions acquiring assets and minimizing cash outflows in that process. A popular asset category has become computers/tech/software assets that are higher cost and always requiring upgrades.

The best way to approach solutions for cash flow financing is to balance outside debt with your ability to totally maximize your assets. A true irony in business is when owners or other perceive high levels of inventory and receivables as positive when in fact these are no being turned over and are putting the business at risk. Naturally having orders / contracts and no inventory to satisfy these is the opposite of that problem, and a problem in and of itself. In recent years companies have turned to Purchase Order Financing to satisfy order growth when traditional financing is not available.

When running your business on a daily basis you can very easily analyze levels and performance in inventory and A/R. These analytical tools ( for example Days Sales Outstanding ) can become your ' early warning system ' ahead of a financial Tsunami

of bad news and financial results, often making it even more difficult to achieve busines loan / cash flow solutions.

While buying assets, financing existing assets, and taking on external debt might seem unrelated in some ways the reality is they are very closely intertwined in your overall business financial plan.

You don’t necessarily have to take on debt or take on business term loans to finance working capital - in fact business credit lines, ABL asset based credit lines, or inventory and tax credit financing strategies do that job well.

What is important is to always understand that you will need cash flow financing alternatives to avoid what we can call ' business disruption. And by the way exploring long term financing always takes a lot more time than you might think - whether from a commercial finance company or bank.

So, while ' fun facts' isn’t easily associated with business financing knowing where to turn, and when, is key to business success. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can provide a current and long term road map to financial 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 = CANADIAN CASH FLOW FINANCING & BUSINESS 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

The Equipment Finance Lease In Canada : Eliminating Rough Waters In Asset Financing

You Can’t Handle The Truth About Equipment Leasing In Canada .. Or Can You

Information on asset financing in Canada. What are the advantages and manageable disadvantages of the equipment finance lease for Canadian business financing solutions

The equipment finance lease is by far the most popular method of asset financing in Canada. Although paying for an asset in this matter is ' cash going out ' vs. ' cash going in ' this method of finance allows businesses in Canada to acquire assets and technology needed to run and grow their business. ( Note – Businesses can achieve ‘ cash in’ status via a sale leaseback strategy )

While mostly positive, and we hesitate to use he word ' negative ' there are some issues that need to be understood by the owner/manager. It's all about handling the truth we suppose - let's dig in.

Unless your lease properly reflects the option to own the asset at the end of the term lease financing is all about ' using' an asset. Small to medium size lease financings have some fairly basic issues attached to the documentation; if you don't know the basics of these you can over pay / over spend on lease financing. And by the way, they are all negotiable!

And those basics?

They are:

Amortization term of the lease

Residual

Purchase Option

Termination abilities

For asset financings in the SME Commercial area documentation around lease contracts is fairly simple these days - lessors have strived to eliminate paperwork. Larger transactions and ' Master Lease ' agreements tend to be more complicated.

Many business owners and financial managers don't fully investigate ' operating leases. A good way to understand these is to think of it as a lease for an asset where the life of the lease term is almost always shorter than the expected life of the asset. One of the most common asset classes financed by operating leases is ' Technology / Computers’

While the appeal of the ' off balance sheet ' aspect of operating leases has pretty well bitten the dust it’s still a great way to upgrade, replace and add on to existing tech assets.

While lessors in Canada scream ' benefits ' (flexibility, cash flow, alternate credit sources, tax implications) a more balanced approach is to ensure the potential downside.

Those ' downside' issues include:

Potential non ownership of the asset

Termination costs if you are forced to exit a lease for business reasons

Cost (rates tied to leases are more often than not higher than pure bank loans/borrowings)

When we talk to clients about ' handling the truth ' in those downside issues it’s important to realize they are all manageable and hardly overwhelming if understood at inception.

If you're looking for ' smoother waters' in your equipment finance lease needs 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 proper asset financing solutions to your 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 EQUIPMENT LEASE 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

Receivable Credit In Canada : How To Properly Finance Trade Receivables In Canada

Here’s The Only Right Way To Finance Receivables

OVERVIEW – Information on receivable credit solutions in Canada. Knowing how to finance trade receivables maximizes cash flow and minimizes costs of financing . Here’s why and how

Receivable credit solutions don't always come from the bank. Any business selling on credit, large or small soon feels somewhat ' tied up ‘.

Those goods and services you've delivered require payment and the ability to finance trade receivables is critical. Let's dig in.

If a Canadian chartered bank or business credit union can't supply the financing you need is there an alternative? You knew there was, and it’s the financing of your A/R through an independent commercial finance company. The problem? Which of their multiple solutions works for you... is one better than the other, and can the costs of such financing be managed properly or reduced?

While the ' street terminology ' refers to this method of financing as ' FACTORING ' there are in reality a number of subsets of this type of commercial finance . Choosing the right one is your key to success,

Haven’t had someone fully or clearly explain how A/R Finance works? You've just received your clearance for a full explanation! --> Based on an up front financing security agreement being signed you can draw down typically up to 90% of the value of your total receivables that are under 90 days old . By the way the banks typically allow you to draw down only 75% of A/R, so one immediate observation is that you just managed to negotiate more liquidity / cash flow for your business,

The balance of 10% is in effect a ' holdback' of sorts, and when your client pays you received that 10% back immediately, less a financing cost that is in the 1.25 - 2% range. So using a 10k invoice as an example your financing cost would be 125 .00 - 200.00 $. Naturally the costs are geared toward your client paying promptly in 30 days, which are very typical commercial trade receivable credit terms...

Two critical points come to bear here:

1. You can reduce financing costs by focusing harder than ever on your management of receivables - That includes:

Considering advance/down payments in some form

Invoice clients the day you deliver your product or service

Offering prompt pay discounts

Improving collection procedures and invoicing clearly and properly

Key point – any time your clients pay over 30 days increases financing costs, and that includes higher financing costs or simply the higher cost of carrying receivables that are unpaid - Example... The carrying cost on $10,000 paid in 66 days at 14% interest rate would be: $10,000 x .014 / 365 x 66 = $253.00


2. Only draw down on your ' factoring’ facility when you need it

Ensure you have a facility that doesn't require you to finance all your A/R all the time - if that’s the case you're dealing with the wrong firm

Focus on the benefits of a CONFIDENTIAL RECEIVABLE FINANCING solution - This is our recommended solution for all our clients, as it allows you to bill and collect your sales without the ' notification' that is required by traditional factoring services

Use your receivable credit facility to reduce overall financing costs - this includes taking prompt pay discounts with your own suppliers, as well as negotiating better prices with suppliers for goods you can pay for on delivery


If you're focused on achieving the best method to finance trade receivables seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success in Receivable Credit solutions.



Receivable credit solutions don't always come from the bank. Any business selling on credit, large or small soon feels somewhat ' tied up ‘. Those goods and services you've delivered require payment and the ability to finance trade receivables is critical. Let's dig in.

If a Canadian chartered bank or business credit union can't supply the financing you need is there an alternative? You knew there was, and it’s the financing of your A/R through an independent commercial finance company. The problem? Which of their multiple solutions works for you... is one better than the other, and can the costs of such financing be managed properly or reduced?

While the ' street terminology ' refers to this method of financing as ' FACTORING ' there are in reality a number of subsets of this type of commercial finance . Choosing the right one is your key to success,

Haven’t had someone fully or clearly explain how A/R Finance works? You've just received your clearance for a full explanation! --> Based on an up front financing security agreement being signed you can draw down typically up to 90% of the value of your total receivables that are under 90 days old . By the way the banks typically allow you to draw down only 75% of A/R, so one immediate observation is that you just managed to negotiate more liquidity / cash flow for your business,

The balance of 10% is in effect a ' holdback' of sorts, and when your client pays you received that 10% back immediately, less a financing cost that is in the 1.25 - 2% range. So using a 10k invoice as an example your financing cost would be 125 .00 - 200.00 $. Naturally the costs are geared toward your client paying promptly in 30 days, which are very typical commercial trade receivable credit terms...

Two critical points come to bear here:

1. You can reduce financing costs by focusing harder than ever on your management of receivables - That includes:

Considering advance/down payments in some form

Invoice clients the day you deliver your product or service

Offering prompt pay discounts

Improving collection procedures and invoicing clearly and properly

Key point – any time your clients pay over 30 days increases financing costs, and that includes higher financing costs or simply the higher cost of carrying receivables that are unpaid - Example... The carrying cost on $10,000 paid in 66 days at 14% interest rate would be: $10,000 x .014 / 365 x 66 = $253.00


2. Only draw down on your ' factoring’ facility when you need it

Ensure you have a facility that doesn't require you to finance all your A/R all the time - if that’s the case you're dealing with the wrong firm

Focus on the benefits of a CONFIDENTIAL RECEIVABLE FINANCING solution - This is our recommended solution for all our clients, as it allows you to bill and collect your sales without the ' notification' that is required by traditional factoring services

Use your receivable credit facility to reduce overall financing costs - this includes taking prompt pay discounts with your own suppliers, as well as negotiating better prices with suppliers for goods you can pay for on delivery


If you're focused on achieving the best method to finance trade receivables seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success with a track record of success in Receivable Credit solutions.






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 TRADE RECEIVABLE 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

Explained : Commercial Loans In Canada : Basic Business Loan Knowledge

Afraid To Ask How These 5 Types Of Business Loans Work?

OVERVIEW – Information on commercial loans in Canada . What does the type and jargon around business loan availability mean to the owner/manager

Commercial loans availability for Canadian business owners/financial managers often comes with terminology that confuses the benefits of a business loan with its actual availability. We’ll demystify some of that jargon. Let’s dig in.

Hopefully every business manager has some basics under his or her belt around areas such as rate, collateral, personal guarantees, secured vs. unsecured, etc. These are the essence of the majority of Canadian business financing. Not knowing how to finance your firm and where will often have the business being viewed as ‘ unstable ‘


We can say that 5 types of common business loans dominate the commercial lending landscape in Canada. They are:

Business Term Loans

Lines of Credit

A/R Financing

Inventory Finance

Equipment Leasing/ commercial mortgages

Naturally depending on your overall financing needs one or all these might actually be applicable.

Business Term Loans - these are suited for longer term financing needs, and while interest rates might be variable more often than not they are fixed rates and 3-7 year terms while optimal for long term financing this method of financing your business is more difficult to access.

Banks probably provide the majority of term loans in Canada and insist, rightfully so, on clean balance sheets, profits, and cash flows. A healthy dose of outside collateral on other parts of the business or the owner’s personal assets might also be required.

The one term loan that is a lot more accessible to entrepreneurs is the Canadian Small business loan - it's a govt guaranteed loan that finances up to 350k of equipment and leasehold needs.

Lines of Credit - Corporate credit lines revolve daily around the current assets of your business, typically receivables and inventory. The strong alternative to bank credit revolving facilities is the ABL Asset based credit line - it is easier to obtain, provides more liquidity almost 99% of the time, and allows you to include all the assets of your business as borrowing power.

A/R Financing / Inventory Finance - These two ' current assets’ are often the most critical parts of your capital structure. Outside the bank environment these assets are financing under working capital credit facilities. Your ability to turn receivables as they become due and manage inventory turns is key to the financeability of these two assets. When it comes to receivables financing our recommended solution is CONFIDENTIAL RECEIVABLE FINANCING, allowing you to bill and collect your own receivables and borrow up to 90% of outstanding A/R at any given time. It's a solid alternative when bank financing isn't available... or isnt enough.

Equipt Loans -/ Mortgages - Billions of dollars of capital assets are financed in Canada through equipment lease finance. Using independent commercial lease firms allow you to access capital outside the bank are strong sources of additional credit for any business .There is really no upper or lower limit for asset financing via the equipment lease. Technology needs are well suited to lease financing and provide business owners with a fair amount of flexibility in asset acquisition and replacement.


In business it’s critical to pick the right debt or asset monetization strategy, carefully assessing how long you need the financing. Considerations should include your firms overall credit quality, the amount of liquidity you have, as well as restrictions demanded by lenders under different loan scenarios.

Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
to achieve the ' survive and thrive ' commercial loans your business requires. Knowing the basics of our 5 focus areas allows the owner/manager to access the right amount of capital at the right time and to not feel vulnerable in both tough and good times.





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 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

Business Funding In Canada : Climb Aboard The Traditional And Alternative Financing Train

Time To Put Away Those Mourning Clothes When It Comes To Business Funding

OVERVIEW – Information on business funding paths for Canadian business owners and financial managers. Alternative financing and traditional solutions comes with different requirements and obligations . The debt vs. equity conundrum

Business funding needs come with two other ' minor' complications - assessing how much financing you need and oh yes... where to get it .Let's dig in.

Many types of financing in fact may be totally in appropriate for your needs, and its critical to focus on both immediate needs and longer term needs. When it comes to debt financing and monetizing business assets the funding search is comparable to what equity seekers go through in their ' rounds ' of capital searching.

Your business needs funds to increase revenue and to ensure it has some sort of ' cushion' for unforeseen circumstances. Some firms are much more reliant on the need for new capital assets, placing further strain on the capital search. Service oriented firms don't need those assets - but the double edged sword here is that they have no assets to finance or collateralize.

Sales revenues are key to planning business funding needs. And for firms that are in start up mode careful planning has to be done around one time initial costs and needs Most entrepreneurs don’t realize that the majority, almost 90% of original financing for businesses in the SME sector comes from personal sources. Oh yes, and those VC’s, sharks and dragons that we read about and see on TV... they fund only a whopping 1-4% of all new businesses.

Debt financing and asset monetization, done properly allows the owner/owners to maintain their full ownership. Solutions include business credit lines, equipment financing, working capital loans, etc. If there is any good news about ' debt ' and asset monetization it’s that in comes in a variety of flavors- that includes:

A/R Financing

Inventory Finance

Franchise Loans

Equipment Financing / Sale Leasebacks

ABL loans - asset based credit lines that monetize A/R, inventory and equipment into one revolving facility

PO/Contract Financing

Royalty/Sales Finance Solutions

Even the Canadian government wades in with it's much sought after Govt Guaranteed Small business loan, providing financing up to 350k for new and existing businesses and franchises.

What does the business owner/manager need to know with respect to debt and asset monetization? Issues to consider include the amount and timing of your cash flows, qualification issues, collateral and personal guarantees.

Getting ' reasonable rates ' will always be tied to business financials and asset quality. While bank rates are low they come with restrictions and demands in the form of ratios/covenants and back up collateral respectively.

For proper direction and advice in your business funding needs consider seeking the services of a trusted, credible and experienced Canadian business Financing Advisor with a track record of 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 = CANADIAN BUSINESS FUNDING 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

Canadian Business Financing : Game plan Required For SME Commercial Finance Needs

Is Your Search For Canadian Business Financing Resembling The Star Trek Dilithium Saga?

OVERVIEW – Information on Canadian business financing . Do you have the right game plan for SME Commercial finance needs to grow and operate your company ?

Canadian business financing comes with a game plan requirement. If there's any good news on that it’s that there's no discrimination when it comes to being a start up, small business, or large corporate.

Consider it as tough a solution as the ' Dilithium ' story line on Star Trek (rare Dilithium crystals were rare and needed to be replicated properly and the search was lengthy). The right steps and strategy in finding the right solution is your version of that saga. Let's dig in.

Larger corporate borrowers do not have the emphasis on personal guarantees and outside collateral that are required of the start up entrepreneur and SME. It's therefore necessary for the latter to ensure their personal credit situations are in order. The good news here is that while many non traditional financings require proper disclosure in this area less emphasis is placed on this aspect of business credit application, offset by either asset strength or the proven ability to generate cash flow.

Canadian banks focus on term loans and revolving lines of credit. Low cost, plentiful, they come with the requirements one would associate with bank funding - profits, cash flow, clean financials, secondary sources of collateral. ‘Unsecured debt ' is available, but comes with requirements of high net worth and demonstrable cash flow. It's a fabulous area to waste your time in if you can’t meet those requirements!

Business plans are not always required for many types of business lending
While being critical for start ups, government loans, etc they can be easily replaced with a solid cash flow and revenue forecast - one that accurately reflects timings and inflow and outflow of cash from daily operations. The ultimate irony in one aspect of Canadian business finance is that growing too fast is actually a turn off to many conservative lenders as cash needs can’t be accurately identified.

But growing fast and large is in fact desirable when it comes to such finance solutions as Asset Based Lending which focuses on financing all your receivable and inventory requirements generated by hyper growth.

Being turned down by a bank or traditional commercial lender still offers many other alternatives to commercial financing in the SME sector. Those solutions include:

Factoring / Confidential Receivable Financing

Inventory Finance

Government guaranteed SBL loans

Equipment Leasing/ Sale leaseback/ asset based bridge loans

PO / Contract financing

Asset based revolving lines of credit (the ' ABL ' solutions)

Revenue/ Royalty Financing

Monetization of SR&ED tax credits (if applicable to firms spending on R&D

In any form of Canadian business finance allow enough time to source and achieve the financing you need, and consider the services of a trusted, credible and experienced Canadian business Financing Advisor with a track record of success to deliver on your Dilithium dilemma!




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/canadian-business-financing-sme-commercial-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

Technology Financing Canada : The Psychology And Facts Around Computer and Tech Leasing

Interested in Spending More And Getting Less ? Don't finance Your Technology Needs ! On the Other Hand ...

OVERVIEW – Information on technology financing in Canada . Historical benefits of lease finance are even more enhanced when it comes to computer tech leasing of assets and software

Technology leasing & Financing is all about the ' economics' of acquiring tech assets in key categories of hardware, software, consulting and maintenance. Tech financing got its start 50 years ago from original behemoths such as IBM, Xerox, etc. A large part of the initial success of those two example firms revolved around their ability to offer financing to clients .

Top experts tell us that today over 50% of all workers in North America are working in companies just like yours that are big users, or producers of technology products and services. (Source: 'The Emerging Digital Economy 11')

Do Canadian business owners and financial managers really understand the differences between financing hardware and software versus other assets they might need in their business?

While conserving cash and choosing the right term or amortization are key elements in any lease tech leasing requires expertise and guidance in areas such as buy out options, renewals, upgrades, and early terminations. No one method of financing is the ‘ holy grail ‘ in Canadian business financing . While the obvious always advantage is the ability to acquire assets, including technology for minimum cash outlay more complex financial analysis in ‘ lease vs. buy ‘ scenarios will often suggest that lease financing is more expensive . Also when owners choose the wrong lease term on the wrong asset they will get that ‘ locked in’ feeling !

Although the benefit of ‘ off balance sheet financing’ has virtually disappeared with changes in accounting rules operating leases, particularly in the tech environment, still deliver lower payments, and maximum flexibility re upgrades, swaps, etc.


While almost any asset can be financed it's important to work with experts that offer specialized financing expertise in this area. That allows maximum buy and minimum spend, including, by the way, your ability to add maintenance and consulting to your desired solution.

No one recognizes the importance of cash flow than owners and managers in the SME sector in Canada. Growing a company while at the same time juggling supplier commitments, receivables challenges, and sourcing external financing is a 24 hr Job # 1. Tech Leasing is all about conserving capital and taking advantages of expertise in terms and structure. That's the ' huge win' that business owners are looking for.

Vendors, resellers and software firms can grow sales and maximize cash flows by offering lease financing options to clients. Providing clients with the ability to extend payments, or even utilizing ' buy now - pay later' creative financing is the final building block in the reseller / vendor product and service offering.

Rarely does a financing solution makes sense for both the seller and the buyer, but time invested with a trusted, credible and experienced Canadian business Financing Advisor with a track record of success will guarantee a positive impact on the bottom line of any business selling or acquiring technology.





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 COMPUTER AND TECHNOLOGY FINANCING EXPERTISE







Stan Prokop









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 '