Is Tax Credit Funding The Right Strategy : Financing SR&ED (SRED) And Film Incentives

Understanding the Power Of Tax Credit Financing For Film & SR&ED Credits

OVERVIEW – Information on tax credit funding in Canada . Film and SR&ED ( ‘ SRED ‘ ) incentives can be financed for maximized cash flow

Tax credit funding in Canada (SR&ED / SRED and Film Incentives) is the ability to harness the power of two powerful government programs that provide refundable credits to business. It's only the right strategy when you need the cash flow of course which is almost always these days. Let's dig in.

The Scientific Research & Experiment Development Program in Canada is your businesses way of maximizing eligible expense that your firm incurs in various aspects of your R&D.

Naturally it's important to know:

If you qualify

How much you can recover

How are claims submitted/who submits them


Filing a ' SRED ' claim puts you that much closer to working capital and cash flow nirvana. Being able to maximize your claim (typically done with the help of a ' SR&ED Consultant) and then cash flow it puts you one step ahead of your competition - which these days is pretty well nationally and globally. Top experts tell us that those firms that continually re-invest in new products and services are able to ensure their long term position in their marketplace.

Just how big is this program in Canada? In recent years well over 20,000 firms (of all sizes by the way - from start ups to much larger firms) take advantage of the program. In fact well over 4 Billion dollars annually is claimed. By the way top experts tell us that by far the large majority of claimants are in the SME COMMERCIAL area of the economy - it's not just for the big boys!

Your actual claim under the program is filed by your regular accountant, but the majority of claims are in fact ' written up' by a small industry in Canada known as SR&ED Consultants. They are the ones that carefully analyze your expenses in the area of salaries, contractors paid, and overheads to ensure you are maximizing your claim. There are very specific formulas as provided by the feds and your province that allow you to maximize your refund.

Moving along to making movies, TV shows, documentaries and Digital animation.......! While those subjects seem worlds away from the laboratory or plant work involved in R&D the bottom line is that the other very powerful tax credit in Canada is in the Media industry. These film tax credit incentives are provided by the federal government and the provinces to ' lure' producers to complete projects in Canada.

From the governments prospective it' about jobs and the economy and national culture. From the producer/owners point of view it’s about taking advantage of one of the best ways to help complete the financing of any project. It's not unusual for film tax credit funding to finance anywhere from 30-50% of any particular project.

The role of the SRED CONSULTANT in R&D is replaced by the role of the film tax credit accountant. He or she helps you calculate maximum percentages of your costs under various federal and provincial tax credit incentives.

Weren't we discussing financing of tax credits? Here is where some of the similarity comes together quite nicely in our two subject areas. Tax credits are financeable for both SRED and Media. In effect you are ' selling' or ' cash flowing ' credits to receive cash flow today.

Typical financings are structured as bridge loans for up to 75% or more of the value of your credits. And the monthly payments? There are none! You receive funding today and the loan is collapsed when the federal govt and the province remit your claim. Naturally this could be many months, sometimes quite longer, so cash flow today becomes very appealing.

Canada is a major beneficiary of the HOLLYWOOD EFFECT - many U.S. and international productions that qualify can take full advantage of the film tax incentives.

If you are looking to harness the power of film and Sr&ed tax incentives as well as eliminating ' the waiting time ' seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can help you harness the power !





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 TAX CREDIT FINANCING






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 Advisor Financing Solutions : 7 Reasons To Choose Proper Funding Assistance

Can A Business Advisor Be Your ‘ Undercover Agent ‘ In The Search For Financing

OVERVIEW – Information on the benefits of utilizing a business advisor for the financing and funding needs of your company for growth and operations. What characteristics should you use to formulate a choice for a finance partner








Financing via business advisor assistance might well be viewed as your version of utilizing an ' undercover agent '

for your funding needs. It's all about getting the right finance solution after exploring all those potentially previously hidden solutions. Let's explore some key reasons to utilize a third party for your company’s financial needs .Let's dig in.

1. While some owners / financial managers might consider it a potential extra cost there are some tremendous offsets. By the way there are many advisors who might actually be compensated by the funding source, so in effect that value and benefit is quite often not a direct expense. We're the first to recognize though that there is ' no free lunch ' in life!

The bottom line is that if an advisor can help your firm bring a financing solution to the table that helps your firm generates profits and survive in today’s competitive environment that should be a major consideration.

While many owners have taken to the internet ' big time ' to try and source their own financial solutions it can be a confusing scenario around who you are dealing with, what they are offering, etc . The real issue here is that many companies have a ' unique ' need that requires some level of customization to the particular challenges they are facing.

2. The danger of a 'do it yourself' type investigation should seem obvious but the risk of engaging the wrong party or getting simply wrong facts and information can only lead to potentially dangerous problems down the road .

Bottom line - it's very hard to unwind a financing that was not meant to be and simply doesnt work for your firm.

3. One key critical benefit of a true business finance specialist is the ability to meet or discuss with your firm first hand any unique challenges your firm might be facing. While many firms in any particular industry have common traits there is always some uniqueness in the way you do business. Uncovering solutions to those challenges is the true value of a business financing advisor.

4. A truly experienced funding advisor should be able to demonstrate financing knowledge and success in numerous industries and provide a unique perspective to your firm’s particular situation.

5. Because the advisor is independent he or she has the ability to remove ' bias ' from any proposed financial solution. The right specialist will also be totally up to date with what is happening in both traditional and alternative finance solutions.

6. Credentials and past success are always important, so the ability to demonstrate success with previous employers and clients is key to your firm benefiting from any solution.

7. Any type of business financing comes with benefits and potential risks. The ability to understand those and ensure the right balance is in place is key to the comfort level of the business owner/owners.

If you're looking for financing assistance in traditional or alternative solutions such as:

A/R Financing

Inventory finance

Bank term loans/credit lines

Asset based non bank lending facilities

Equipment Financing / Sale Leasebacks

Tax credit monetization (Sr&Ed and film)

Working capital term loans

PO/SUPPLY Chain finance

Sales/Royalty financing solutions


consider seeking out and experiencing the benefits of a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your needs. It's your version of the ' undercover agent ' utilized properly!






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/business-advisor-financing-funding.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

Financing The SRED Credit And Film Animation Tax Credits In Canada

The Surprising Overlap Of Film and SR&ED Research Tax Credits – They’re Both Financeable





OVERVIEW – Information on financing the SRED ( SR&ED) Research Credit as well as film animation tax credits . These two refundable tax credits can be cash flowed for company / project financing

Film and animation tax credits in Canada, along with the SR&ED research credit have an interesting overlap. That overlap is... FINANCING.

Let's dig in.

Yes, there is no business like the tax credit business (as the song goes?!) And when it comes to financing these two programs there are some remarkable similarities... and benefits.

A tax credit in Canada can come in many forms .- they are essentially ' incentives ' that allow public policy in certain industries ( in our case ' research ' and ' film ' ) to provide a benefit that might otherwise not exist . And when those credits are' refundable ' in the form of real dollars the benefits truly kick in.

Let's first take a look at the SRED (‘SR&ED’) program. In place now for over 60 years in some form, it provides encouragement to business of any size to conduct research for business benefits. In Canada billions of dollars each year are sent to firms who participate in the program, and that reflects business of all sizes, including start ups by the way. Claimants in this program are approaching 20,000 firms annually by the way.

The spirit of the program is of course to allow firms such as yours to take products and services globally, enhancing Canada's reputation along the way. The major areas of expense recovery under your claim include labor, contractors, and overheads directly attributable to the R&D you are carrying on. Computer programming is often a large part of many claims and has helped make many software firms successful.

While a small number of firms choose to prepare their claim themselves the majority of the work done in Canada in SR&ED prep is done by SRED CONSULTANTS. It's their job to sort through areas of experiments, research, and to determine what’s eligible and what’s not, including summarizing that activity.

The area of ' FILM '

which includes movies, documentaries, television, and the hot new area of digital animation is the other large beneficiary of a tax credit. These credits attract producers and owners to Canada, and the credit has proven to create jobs and tax revenue, as well as an overall ' stimulus ' to Canada's reputation and economy.

When it comes to the financing puzzle of putting together a film project well over 35% of any project can be fully financed via film and animation tax credits.

When we talked about refundable ' SR&ED ' credits we covered the role of the SRED Consultant. When it comes to the film industry that role is shared by a ' Tax credit Accountant '. They maximize the percentage available to your project... allowing producers and owners to ensure maximum benefit is being taken into account under the program.

The programs, by the way, are a combo of federal and provincial incentives. Knowing what amounts are available from what province under which program is key!

We spoke of the ' overlap ' of these two seemingly different programs. But whether its the ' white coat' scientist in the lab or the movie producer shooting in the field or the digital engineer working on an animation project the bottom line is that refundable tax credits in each program are financeable !

Even more similarity exists in how the credits are financed, which are typically 75% loan to value, and being structured as a bridge loan with no payments. Financing can also potentially occur before the tax credit certificate and your financials have been filed.

If you're looking to monetize a ' SRED ' claim or a film , TV or transmedia digital tax credit 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 monetizing your claim for maximum benefit .




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 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 '

Stan Prokop

Inside The Government Guaranteed Small Business Loans Program In Canada

A Pessimists Guide To Government Guaranteed Loans In Canada

OVERVIEW – Information on the Canadian government guaranteed small business loans program . How can applicants achieve approval optimism and financing success ?





The government guaranteed small business loan program often brings a feeling of initial pessimism to many clients we meet and talk to. They construe ' govt ‘with thoughts of bureaucracy/paperwork and time expended ... with no results. The reality? The program is very accessible and no govt involvement required. Let's dig in.

How then can the business owner/applicant ensure ' optimism ‘

versus being a pessimist on loan approval success? Here's the low down on that.

If there is one ' great ' thing Canadian government has done for the start up/small business sector it’s the govt guaranteed small business loan program - aka the ' SBL ' (Small Business Loan).

The reality - the program finances thousands of businesses each year, for billions of dollars in loan guarantees. And the best way to access the program? It's done via a simple visit to your bank - but be forewarned that if you're not prepared failure is somewhat guaranteed.

Recent changes to the program have been viewed as some pluses and minuses around the program that has been in place for many years. That includes personal guarantees, which were more ' limited ' than in the past. The good news continues around collateral - only what is being financed is really the key collateral for the loan - no home guarantees or outside collateral required.

The three parties to the Govt Business loan are your company, the bank that administers the program, and of course Industry Canada - the branch of the govt that guarantees the majority of the loan to the banks. Borrowers have no contact whatsoever with the ' govt' - they should only know their loan is in the majority back stopped by the federal govt.

How then does the loan application process work You simply as a proprietor or owner of a legally incorporated business need to present a solid business plan, a reasonable cash flow forecast, and a ' needs ' list of amount financed and breakdown . Unfortunately many business applicants for the SBL misconstrue what the program finances - which is only two asset categories

Equipment

Leaseholds

The program does not refinance existing debt, and it covers no working capital requirements such as cash / ar finance, or the often sought after inventory financing. Those solutions can easily be covered off by various asset lending alternatives available.

Sloppy loan packages can pretty well guarantee

a decline - so careful time and preparation around your business proposal, your background info, and personal financial details count. At a minimum you must have at lease 10% equity in the total financing required - although clearly more is better.

The program is fairly liberal on debt to equity and working capital ratios, which are often the key focus in the financial part of your proposal. And you can typically expect a final answer on your completed and proper applications within a few business days.

Govt guaranteed loans can also be used to buy an existing business - that might include a franchise also. Amortization terms are generous and can go as long as 7 years on a term loan basis.

If you're focused on ' optimism ' around the government guaranteed small business loans program seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can prove to you the program was meant to help the 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 :


7 PARK AVENUE FINANCIAL = CANADIAN



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 Capital Financing In Canada : Eliminating Your Dark Days Of Loans & Asset Finance

3 Reasons To Borrow For Business Capital



OVERVIEW – Information on business capital financing in Canada . When business owners have solid reasons to borrow for growth numerous solutions are available and the time is just about now




Business capital financing in Canada, particularly in the SME COMMERCIAL sector often comes with that feeling of ' dark days ' for the Canadian business owner/financial manager.

Despite those challenges there are in fact some great reasons to borrow for your business - we'll cover off 3 of them. Let's dig in.

While it's debatable how great the current business climate is many firms are nonetheless in a position to grow their business these days. Business lending from banks, alternative finance providers and others seem to be on the rise.

So why should the owner/manager consider new or enlarged sources of financing? Here are our three reasons:

1. Today's competitive business environment calls for continual investment in your business. Very simply speaking - your competitors are there already.

2. Timing has never been better - Canadian chartered banks tout SME lending and alternative finance solutions from niche providers have never been more abundant

3. Borrowing rates and costs for both traditional and alternative financing are at all time lows with of course the general consensus being that rates can only go up in the future. Naturally though not all business financing is done at locked in rates


Even the Canadian govt is willing to step in, having recently revamped to a certain degree the Government Small Business loan program, which guarantees the majority of your loan to the banks. The key advantages of the govt guaranteed loan are still the same - flexible terms, competitive rates, and the ability to finance equipment (new and used) and leaseholds

Many businesses require key technology upgrades and its often a wise choice .to utilize equipment financing for new or upgrades in computers, software, telecom equipment, and other application software required by your business.

If you do believe top experts that business finance capital via loans or asset monetization is critical to success. Exploring options such as:

A/R Financing

Asset based business credit lines

Cash Flowing of SR&ED tax credits

Inventory Finance

PO Finance / Sales Financing/ Royalty Finance

Sale leasebacks

are all potential solutions to your capital conundrum. Oh and by the way, debt and asset monetization strategies don't dilute equity!

There's often no one solution to all your business needs, and often the ultimate solution is a ' cobbling together' of various solutions to match your overall financial strategy.

The bottom line - with knowledge and expertise you can more easily eliminate those ' dark days ' oft associated with business financing. 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 loan and asset monetization 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 BUSINES CAPITAL 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

Business Financing In Canada : Against All Odds You Can Improve Chances Of Business Finance Solution Success

Foraging For Business Financing In Canada ?

OVERVIEW – Information on business financing alternatives in Canada . The right finance solution for Canadian business must match sales, assets, and overall financial viability

Business financing in Canada. It is easy sometimes for the business owner/financial manager to feel they are ' foraging ' for solutions. There's probably no problem with that, although we're highly recommending that you learn as you gather! Let's dig in.

Feeling tired on exploring those finance solutions? Are the odds stacked against you?

Given bank loans, government guaranteed loans, niche solutions offered by commercial finance companies, and all those equity solutions that dilute capital (angel/VC funding, crowdfunding, etc) what really is the right solution that is achievable for your business?

Those equity solutions (as opposed to debt and asset monetization) are really only suitable if your business can achieve hyper growth, market dominance, etc. Not for everyone.

Sometimes it's also difficult for the owner/manager to decline a finance solution when in fact it might be the wrong one - that’s painful business financing and we see a lot of that when we talk to certain clients.

More often than not it’s a ' cash flow ' solution that is required. Those outflows simply aren't matching the inflows! , and the degree of seriousness of that problem has taken many a business down.

The best cash flow and working capital solutions are those that fix temporary and intermediate problems. In many cases they are not the long term fix that that equity capital can provide - from owners or outsiders.

We're the first to advise clients that working capital problems can be overcome by a lot of internal work, not necessarily requiring external financing solutions - that comes via selling more, generating higher profits , and focusing on asset mgmt and debt reduction .

What are though those external financial solutions to business financing, cash flow and working capital? They include:

Bank credit lines

Asset based lines of credit - full facilities or invoice or inventory finance separately or together

Tax credit monetization

Equipment financing/sale leasebacks

Tax Credit Finance bridge loans

The right financing solution can be identified, allowing a turnaround of sorts to commence.

There is a huge difference in the cost and access to financing that larger profitable companies have versus those struggling in the mid market SME Commercial sector in Canada. The reality is that smaller firms are ' credit scored ' in a fairly formulaic way - larger businesses get a bit more attention.

It' critical to understand why your firm can't get the financing you think it needs, but as important to know what the alternatives are. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can reverse that ' foraging ' feeling.



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 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

An Asset Based Bank Line : The Somewhat Radical Power Of Business Credit

No Engineer Required For Asset Based Financing In Canada

OVERVIEW – Information on the business credit solution known as the ABL asset based bank line . It’s non bank in nature and supplies businesses with all the liquidity they need based on assets and growth.

Business credit needs sometimes give owners/managers the feeling they need an ' engineer ' of sorts for financing such as an asset based bank line. In their mind they want a financing for now, and the future that ' fits right ' and is chock full of the advantages they need to run and grow their business.

Because some or all of the finance solutions you need arent necessarily available from Canadian chartered banks one alternate solution is the asset based ' ABL ' line of credit. It's one solution that puts your firm, the borrower in the drivers seat when it comes to unlimited capital relative to your growth needs. That's a radical statement of sorts, so let's dig in.

Many clients we meet with initially are very reluctant to step ' outside the box ' when it comes to what they consider to be ' traditional ‘working capital and cash flow needs. However, in case you haven’t noticed, times are changing!

While traditional bank lines come with the lowest cost in Canadian business financing they can be limiting when it comes to the limits the bank might place on leverage - or in other cases being unable to address the seasonality and bulges in your business.

The asset based non bank ' ABL ' credit line does come with some obligations on your firm’s part. One of them is the need to report more often, always monthly but sometimes even more on the assets part of your business. Typically that's simply aged schedules of receivables, inventory, and fixed assets. We would submit that if your company can't produce these efficiently on an ongoing basis there's probably other problems lurking on your financials.

The revolving credit facilities you need are often the most sought after part of the Canadian business financing puzzle. The asset based credit line has the potential to solve all your liquidity problems if structured and managed properly.

Companies that have higher debt , as well as balance sheet ratios that don't meet bank requirements but still have current assets ( A/R & INVENTORY ) have just discovered that they now have access to all the liquidity they need , albeit at an often higher cost .

When we explain the ABL asset based solution to clients it’s a function on focusing on the two different ways to look at a revolving credit line. The banks focus on cash flow, historical, present, and future. The asset based lender takes an ' alternate' approach, instead focusing on the hard assets in your business, monetizing them into one revolving facility. These types of facilities are also widely used in buyouts, acquisitions, and general refinancing of a business.

If you wish to explore the somewhat ' radical ' power of the asset based bank line and feel you need more ' business credit ' and flexible financing 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 financing 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 ASSET BASED 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 '

Stan Prokop