A Working Capital Blast Off Strategy : Cash Flow Finance 101 For SME Companies In Canada

Why Growth Sucks .. The Cash Out Of Your Business And Here’s The Fix !

OVERVIEW – Information on the financing and working capital needs for Canadian business . A true cash flow finance strategy requires information about your growth and operating plans and is often unique to your industry and business

Working capital shortages, seeming either permanent, or temporary, quickly have business owners in the SME (small to medium enterprise) commercial sector realizing one thing... Growth sucks... the cash flow out of your business. So the question quickly becomes: What is the right cash flow finance strategy for your company? Let's dig in.


One top expert in the cash flow field surely put it right: Cash flow shortages are the ‘first law of entrepreneurial gravity '! Part of that conundrum is the fact that achieving growth through a focus on mostly higher sales ( and hopefully profits ) often has the business running short of working capital given that new assets often need to be purchased or replaced, and the fact that the build up in receivables and inventory add to the cash flow exit .

In many cases relationships with suppliers can be strained during this period as it's a vicious circle of business with each participant in the supplier / customer relationship each trying to maximize their own cash and profit position.

While your financial statements will ' always' tell the tale it’s a hard fact of business that many owners/managers don't necessarily know how to interpret this data. Complicating the problem is that financials reflect what just happened, not what is going to happen! The three basic parts of the cash flow part of your financials will clearly identify your actual operating cash, what money came into the company via any equity, and what went out via borrowing. (By the way, the solution to that is basic effective cash flow forecast planning)

With respect to cash flow planning it quickly becomes obvious to business owners that when done properly they have a new roadmap to removing the stress out of running out of cash, as well as being able to maximize opportunities for growth in sales and profits.

How then does the owner achieve that ' blast off ' strategy we referred to. The essence of your solution is around monetizing assets you already have and /or accessing the right types of debt that match your credit profile and your needs. In the SME COMMERCIAL FINANCE sector these solutions include:

A/R Financing

Inventory Finance

Bank credit facilities

Non bank asset based business credit lines

Financing your refundable Tax Credits (Sr&Ed)

Equipment Leasing/Sale lease backs

Sales / Royalty financing

Working capital term loans

These solutions are both traditional and alternative in nature .Every choice you make in a cash flow finance strategy will affect your business in terms of financing costs and access to new working capital, permanent or operating.

If you're looking for the solutions to the fact that ' growth sucks ... the cash flow out of your business ' 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 a cash flow strategy that makes sense for your business and industry.

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 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN WORKING CAPITAL AND CASH FLOW FINANCE EXPERTISE



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 '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.





Stan Prokop

Growth Financing For Business Expansion: A Better Funding Blueprint

Avoiding Wrong Choices In Growth Goal Financing In Canada

OVERVIEW – Information on growth financing and funding in Canada. Business expansion requires a careful blueprint for business survival and success

Growth financing for Canadian businesses in the SME (small to medium enterprise) sector has the chance to go awry sometimes. Funding for your business expansion requires a ' blueprint '

that allows you to meet your goals. Let's dig in.

Many top experts tell us that we're in ' boom times' when it comes to current economy status, low interest rates, strong equity markets, etc. Not everyone agrees we're in boom times, but if that's the case then how then does the business owner/financial manager address their ability to meet their growth goals?

One way to think about this in a manner that large corporations do is to utilize the concept of ' zero -based growth'. It's essentially all about using your existing assets to find achievable ' low cost' growth options. That, coupled with utilizing financing that makes sense is a winning strategy. Essentially it's all about maximizing your assets and getting maximum impact from any type of financing you can achieve.

Not all businesses can access the cash they need to grow, and while most agree that Canadian chartered banks provide the lowest cost of capital business borrowing for the SME sector certainly has its success limitations. If you're unable to increase your sales via existing borrowing that's a whole other challenge.

Many business owners/managers feel they have to borrow for assets to increase production. Utilizing borrowing solutions such as equipment lease financing allows you to maximize production and limit cash outflows. Even used equipment can be financed these days if it has a value.

In certain cases it makes solid sense to refinance existing assets using a ' SALE LEASEBACK ' approach, allowing you to take on more production with assets you already owned.

Are their other ways to monetize assets without taking on additional debt on your balance sheet? There certainly are.

They include:

A/R Financing

Inventory Finance

Monetizing SR&ED tax credits if your company utilizes this popular program

Maximizing borrowing capacity via ABL ' non bank' business lines of credit

PO/Contract financing

Sales/Royalty Finance

In many cases simply by utilizing the right type of financing and avoiding taking on major new debt can significantly improve your chances to grow your business.

It goes without saying that a well thought out business plan and realistic cash flow plan will also provide you with the blueprint for growth success you've been looking for. 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 funding and business expansion needs.


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 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN GROWTH FUNDING EXPERTISE



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 '


ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Stan Prokop

Sred Research Tax Credit Finance : Financing R and D Credits Brings … Real Money

Problem : Waiting For Your SR&ED Refundable Tax Credit Cheque

Solution : Finance Your Shred !

OVERVIEW – Information on the benefits, and mechanics of financing r and d tax credits in Canada Monetizing the R&E Sred research tax credit completes the final stage of SHRED claims – Receiving the cash flow benefit

R and D tax credits in Canada often have business owners and financial managers feeling they are on a much longer journey than perhaps it really is. For the SRED research tax credit the end of the road is of course receiving your cheque. That combo of real/imaginary waiting can be significantly shortened by financing your SR&ED claims. Let's dig in.

SR&ED (Scientific Research & Experimental Development) credits require your claim to be accepted and adjudicated by CRA. While some view the mechanics of the claim as a form of paper ' torture ' probably closer to the truth is that thousands of claims by firms ( including your competitors ) are approved annually and Billions is refunded in the form of .. you guessed it.. real money!

We don't have the figures on firms which file every year as a part of their ongoing processes for improvement in their products but those firms that do have clearly mastered the process. SHRED claims are all about your firm investing funds in solving real and practical problems. In many case your might also contract out to other Canadian businesses a part of that R&D, and those expenses are of course also eligible under the program.

Up until you choose to finance your claim they are a couple of ' key players ' in your research tax credit process. That includes your SR&ED consultant and your accountant, who prepare and file your claim respectively. While we might consider filing the claim with your annual financial return as fairly straight forward the preparation of the claim by your Sred consultant is key to both maximizing and legitimizing your refund .

The actual financing of your claim is a very straight forward process - it's all about receiving, in the form of a bridge loan, 70% of the total amount of your combined federal/provincial refund. By the way, many claimants have already promised a portion of their claim to their SR ED consultant, as the majority of these firms work on a contingency basis -taking on the full risk and cost of preparing a claim.

It goes without saying that ' big is better ' in Sred claims, but almost all claims are financeable if they make economic sense to both the borrower and the lender in terms of cost.

The wide variety of firms that both prepare and choose to finance claims is very varied. While software firms seem like they might dominate the industry the reality is that every industry in Canada is in fact eligible to both submit, and if they choose... finance a claim.

Financing a SR&ED research tax credit can be achieve in a matter of weeks, and funds your company receives can be used for any general corporate purpose, including of course .. more R&D. The additional attraction of a SR ED loan is that there are no payments during the duration of the loan – it has a balloon payment structure coinciding with the receipt of your refund.

Financing the SRED research tax credit eliminates waiting for refund. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can facilitate accessing the ‘real money ‘in your SR&ED refund.

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 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN SR&ED TAX CREDIT BRIDGE LOANS


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 '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.




Stan Prokop

Equipment Leasing & Financing In Canada

7 Park Avenue Financial regularly contributes to CANADIAN EQUIPMENT FINANCE MAGAZINE - Current editon includes our Cover Page article on ' Headwinds in Canadian Leasing'

as well as another article on Credit/Lending. The magazine is for lenders and commercial borrowers alike

Here's a link to the article : Click below

7 PARK AVENUE FINANCIAL = CANADIAN EQUIPMENT LEASING & FINANCING






Contact 7 Park Avenue Financial for your Equipment Financing and Leasing needs


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 '

Start Up Capital In Canada : Startup Business Funding For Your Big Idea

Startup Business Funding Shouldn’t Be A Flip Of the Coin

OVERVIEW – Information on the startup business funding process in Canada . What types of start up capital are needed and how are they accessed

Startup business funding in Canada and the decisions you make in start up capital choices shouldn't be ' flip of the coin ' type decisions. It's at this time that entrepreneurs wish their financing options could move at ' cosmic speed',

but they rarely do. Careful review of your finance options and a thought out strategy are key. Let's dig in.

At the time you're starting to work on funding for your business the business owner/ manager is probably well past the ' big idea ' stage and is starting to explore the right options to finance the business. Now it's all about the type of financing you need as well as the rates and terms that come with that finance. Today's low rate environment is conducive to financing you can afford, and even alternate forms of ' non traditional' finance have come down in cost.

So things should be easy, right? Not quite , as traditional ' go to ' solutions for beginning a business aren't often' user friendly ' to the entrepreneurial stage of a business . Complicating things is the fact that different types of financing are needed for your business - and without expert guidance a chance for failure looms.

So what are the different types of financing often needed at the start up phase and how are they best implemented?

Types of finance solutions required include:

Working Capital / Cash Flow Solutions:

Seasonal/bulge type financing needs:

Business Credit Lines

Fixed asset needs to purchase or replenish equipment / leaseholds, etc

Real Estate - rare in start up cases but occasionally required

Funding to purchase an existing business or franchise

Refinance needs for existing debt


Rarely does ‘ Government ' come into the entrepreneurs finance strategy in starting a business, but two well used programs by thousands of entrepreneurs each year are worth mentioning . They include the Government Small Business Guaranteed Loan, as well as the refundable cash credit program under the SR&ED program for those firms that might have a research aspect to their business.

While the Government SBL Small business loan maxes out at 350k it does come with solid competitive terms and structures.

Many business owners spend a lot of time (often wasted) in the search for equity or angel or Venture Capital. These forms are most often suited only to tech firms with explosive growth potential, and will of course require you to give up significant equity in your ' big idea'.

The key elements to achieving the financing you require often revolve around a solid business plan and realistic cash flow forecast. Here it's all about your homework and moving forward with financing in the right direction. A well thought out business plan will show lenders how you plan to crawl and then walk!

Types of financing that are well suited to business start up capital requirements include:

A/R Financing

Inventory Finance

Equipment Leasing

Working Capital Term Loans

Non Bank Asset Based Business Credit Lines

SR&ED Tax credit bridge loans

Sales/Royalty Financing

PO / Contract Financing

If you're looking to avoid ' flip of the coin' decisions in critical aspects of financing a start up and growth seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your startup business funding needs.

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 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN START UP BUSINESS FUNDING EXPERTISE




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 '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.





Stan Prokop

Account Receivable Funding : Here’s Your Redesign In Receivables Lending Thinking

Mind The Gap ! Fixing You’re A/R Finance Challenge

OVERVIEW – Information on account receivable funding solutions in Canada . Receivables lending is all about choosing the right finance solution for the right reasons – here’s why.. and how

Account receivable funding in Canada conjures up the ' Mind the Gap ' expression for us today. That's of course the out loud warning that subway passengers hear when they board train doors. However in our case we’re always cautioning our clients to mind the gap when it comes to receivables lending. Let's dig in.

That ' gap ' is of course when business owners in the SME (small to medium enterprise) sector in Canada find themselves cash flow poor / challenged while waiting for client receivables to come in. Since A/R and inventory represent your most liquid current assets (next to cash) your ability to ' move ‘(i.e. manage) or finance those assets is key to the survival of your business.

Non bank A/R Finance is the quickest way to working capital success when traditional bank finance doesnt work for your business. For Canadian companies that can't afford to lose sales opportunities or the inability to meet their other operating and loan obligations. The total win/win for this type of financing is when it is receivables lending shortens that gap given that sales are immediately converted to cash. When businesses can't access traditional capital and they don't want to give up expensive equity A/R funding is one solid solution. And the good news about ' limits'? There are none, as basically unlimited financing is available for any business that has the sales revenues/receivables to match.

This type of lending is often short term in nature, as most clients tend to work their way back to what they consider ' traditional' finance that comes with lower costs/rates. Remember also there is no 'debt ' on your balance sheet when AR finance is employed - it’s an asset monetization strategy. During this period of utilizing receivables finance your supplier relationships tend to improve and your general credit profile is enhance given your new liquidity .

The immediate benefit of a combination of A/R financing combined with good management provides a double whammy of business financing success. How for example? Consider a firm that finances AR, receives cash immediately on making a sale, and uses that cash to take supplier discounts or achieve better pricing on service and products they purchase. They have effectively ' minded the gap'! Although the majority of companies out there can't achieve ' negative cash gap ' (receive full payment before they pay suppliers) those that can effectively finance the gap as well as manage assets are... winners.

If there is one thing clients tell us they ' hate' about commercial a/r financing and factoring solutions it's the oft requirement to have their customers ' notified' of the entire financing process . Looking for some good news on that one? We recommend CONFIDENTIAL A/R FINANCING that allows you to achieve all the benefits of receivables lending while at the same time billing and collecting your own accounts.

If you're looking for a total ' redesign'

in finance thinking for your business 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 receivables lending needs.




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 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN ACCOUNT RECEIVABLE FUNDING /LENDING EXPERTISE



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 '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.




Stan Prokop

Sale And Leaseback Financing : Foolproof Formula For Successful Lease Back Financing

Funding Your Businesses Future Via The Sale Leaseback

OVERVIEW – Information on sale leaseback finance benefits. Key elements of a proper lease back financing structure

A Sale and leaseback strategy is an often underutilized method of finance resolution for Canadian business. Knowing what some key issues are in lease back financing and how to address them is key to success in this area of finance. Let's dig in.

The simplicity of leasebacks is just that. It's a simple concept where you sell, and immediately lease-back the asset in question. The two logical asset categories are equipment and/or real estate. It works for both.

While you in effect give up temporary ownership of the asset the good news is that you still possess and use those assets. The actual valuation of the asset is absolutely critical to your success in this type of financing. The most common method of addressing this issue is a third party appraisal that is often mandated by the lessor/lender.

Once that lessor/lender determines that you own the asset outright (this is done through searches of public records) they will often mandate an appraisal via an appraiser they know and are comfortable with. We encourage all our clients not to undertake the appraisal/valuation process until the leasing company/commercial lender approves who that appraiser is. Bottom line - they have their favorites!

While business owners/managers tend to view the importance of this type of finance from a ' cash flow '

perspective it's also important to address the balance sheet and tax issues that might arise. This is a great time to discuss the issue with your accountant.

One potential pitfall is that you want to know if the actual cash you receive is greater than the depreciated balance the asset shows on your financial statements. This is probably more applicable to real estate transactions where the incoming cash flow from the transaction might be greater than the amount showing as value on the balance sheet. Bottom line - this has the potential to generate an income tax obligation.

The key benefit of lease-back financing is of course the additional cash your firm now has, as well as the potential increase in owner equity.

Why do Canadian businesses pursue lease back financing? Typically issues have arisen that create the need to source external cash. When additional commercial debt or owner equity cannot be raised enter the sale and leaseback solution! While it may sometimes be a more expensive way to raise cash it sometimes also might be the only way!

Key benefits of this type of finance strategy include the ability to deploy capital in another party of your business, or in some cases you can re-do your overall debt situation, which more often than not improves some of those balance sheet ratios.

In certain situations where no ' financial stress' exists in the business owners choose to re-finance in this method in order to free up owner equity they have built up in the business. In the case of real estate many firms have realized (even our chartered banks by the way) that their real estate holdings are no longer ' core' to their business.

If you're looking to maximize on a foolproof formula for successful sale and leaseback 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 funding needs via this somewhat unique financial strategy not often considered by all.

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 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN SALE AND LEASEBACK FINANCING EXPERTISE


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 '

ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.







Stan Prokop