Lease Back Financing In Canada : Exploring Sale Lease Back Transaction Benefits

Attn: People : 7 ( Count Them!) Reasons To Consider Sale Lease Back Financing

OVERVIEW – Information on lease back financing in Canada . Exploring the majoring benefits of a successful sale leaseback transaction as part of your cash flow strategy

Lease back financing in Canada has been around for decades - it's a proven strategy to obtain financing for your firm on assets you already own. The sale leaseback transaction allows your company to still use the asset (typically equipment or real estate) while buying it back over the term of the lease. We're examining those proven benefits. Let's dig in.

The main driver for business owners/mgrs to utilize this form of financing is the need to free up capital for use in the business - simple as that. Depending on the way you use the capital there is typically an improved balance sheet when it comes to some of the ratios that banks and other commercial lenders like to see.

Also, since you temporarily don't own the asset you don't have that additional depreciation expense. When the funds from the transaction are used to increase sales it’s a true ' double whammy'!

What are some of the issues then in properly executing the lease back?

They include:

The need to properly assess the true current value of the equipment - this benefits both you and of course the lender and is often achieved via a third party appraisal . In our experience our clients often feel the asset in question has more value!!

The requirement to ensure that the interest rate and cash outflow on your lease payment makes sense from a cash flow perspective to your business - Here picking the right amortization ( lease term ) is key

The actual final buyback payment must be negotiated fairly

For larger transactions it might well be considered to discuss the transaction with your lawyer and or accountant. In the SME COMMERCIAL FINANCE sector personal guarantees of owners on the transaction may well apply.

Let's recap, with a total of 7 solid benefits of lease back financing.

1. Equity in your business is freed up so that owners and or creditors can make maximum use of capital

2. The company can still use the asset/assets in question

3. Capital from a sale leaseback transaction can be used to achieve and even greater return on equity

4. Debt your company currently has can be paid down or in some cases eliminated - capital could also be used to purchase new assets

5. If the leaseback transaction involves real estate your business is simply addressing capital through its core business - you're probably not in the real estate business

6. In certain circumstances your company can maximize efficiency in times of low interest rates for refinancing

7. Numerous tax/accounting/financial statement benefits can accrue from properly executed leaseback financing

These transactions work best when they are balanced in terms of the needs of the lender, and your firm, the borrower. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can help you complete a transaction that makes sense for your firm.





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 :

http://www.7parkavenuefinancial.com/sale-leaseback-transaction-lease-back-financing.html

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

Investigate Canada Government Grants and Loans - The Small Business Loan Program Works!

YOUR COMPANY IS LOOKING FOR BUSINESS FINANCE SOLUTIONS !

You've arrived at the right address ! Welcome to 7 Park Avenue Financial

Financing & Cash flow are the biggest issues facing business today

ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT BUSINESS FINANCING OPTIONS?

CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs

EMAIL - INFO@7parkavenuefinancial.com


If you are either a start up (pre revenue) firm or an established small or medium (we'll define medium a bit later) sized company in Canada you should be investigating, and using the Government of Canada small business loan program.

Why? We will give you 4 reasons - great terms, rates, structures and qualification criteria. Could you ask for anything better in Canadian business financing? We don't think so and we have been a fan of the program now for years.

Many clients or callers requesting information on the program (the formal name is BIL / CSBF) often utilize the terms 'grants' when requesting info on the program. The BIL /CSBF program is not a grant. It is a special business financing program sponsored by Industry Canada (those good folks in Ottawa...). The program was developed by the government to assist the thousands of firms who might not qualify for what the finance folks call 'traditional financing' - aka "the bank!".

We also promised you we would qualify the term 'medium sized firm' when it comes to qualifying for the program. In the case of the Small Business loan program any firm under 5 Million dollars in either actual or projected revenue still qualifies for the program. Naturally your firm has to be privately owned, and be considered a 'for profit' business. (We're all 'for profit'!)

As we said, many customers call looking for 'grants' - we're all for free grant money also - we are sure it exists out there somewhere, we just have never found it. Actually, let's clarify that, two great programs, S R ED, and film tax credits are non repayable credits you can easily apply for if you qualify for either of those credits. Those two programs are a discussion for another day though.

Typical client questions always include - how much can we get or apply for? What are the rates and terms? And what's the process involved? Get ready for a short, simply and basic primer in all those three areas!

The Canada government small business loan has a maximum cap of 350,000.00 dollars. However, if you chose to use this financing for real estate you can actually receive 500k. We note that for many years the program had a cap of 250k and during the global recession (2008-2009) the government raised the limit on the program.

Many firms who are either new or have challenges might think the rates and structures are onerous under the program. Exactly the opposite... financing is at only 3% over prime, and from a term perspective you can go from 5-7 years, we typically structure 5 years as a reasonable term.

Penalties to pay back if you're successful - There are none!

There isn't a day when we don't spend time advising clients on what can be financed under the program...that's where a lot of mis-information exists. The program only covers equipment, leaseholds and real estate. We would add that software is included in the equipment category.

So who is using the program? Almost 8000 businesses did in 2010 - so you can be sure that the program works and is robust.

The greatest challenge around the program in our opinion has been the confusion on where and how to apply. We've completed transactions in a week and then heard from clients that they have spent months floundering on their processes in this type of financing. Speaking to a trusted, credible and experienced Canadian business financing advisor in the area of government small business loans will get you on the fast track to some of the best financing available in Canada today.

Stan Prokop is founder of 7 Park Avenue Financial - http://www.7parkavenuefinancial.com

The company originates business financing for Canadian companies and is a specialist in working capital, cash flow, and asset based financing. In business 6 years the company has completed in excess of 45 Million dollars of financing for Canadian corporations of all size. For information on Canadian business financing and contact details please see: http://www.7parkavenuefinancial.com/canada_government_grants_loans_small_business_loan.html

Article Source: http://EzineArticles.com/6209137




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





















Article Source: http://EzineArticles.com/6209137

Bank Business Loans And Alternative Business Finance In Canada

Eligible For More Business Financing Than You Think ? Check Out This Telescopes View

OVERVIEW – Information on bank business loans and alternative finance solutions in Canada,

Finance challenges in Canada , in the minds of many business owners and financial mgrs, are solved through bank business loans. But the new reality is that you might be eligible for more business financing than you thought, and if bank solutions aren’t accessible a brave new world of alternative finance is out there... Let's dig in.

In a perfect world ( apparently it's not ) the ability to have all the cash flow you need, or to be able to access unlimited business credit lines is the objective of most businesses when it comes to running/growing your company . That challenge of ensuring that sales revenue exceeds operating expenses and commitments to lenders will ultimately decide the success of your business.

You become more ' eligible' for business financing, via banks and other commercial lenders when you best understand what exactly your capital needs. We're focusing on debt and financing your assets in our discussion, not equity raising which is a whole other discussion!

The essence of working capital and cash flow financing revolves around the concept of selling your products and services and having to wait 30-60 days for your client payments. (30 days? We only wish!) Business owners and mgrs who wish to finance their business properly need to be capable of creating cash flow budgets that reflect those inflows and outflows of cash.

In a large majority of circumstances the cash flow you generate will always come from receivable collections, and that A/R is typically the largest, or one of the largest assets on your balance sheet. Financing that large asset can come in a number of ways:

Bank credit facilities
Commercial A/R Financing
Asset based non bank business lines of credit (‘ABL Solutions')

Owners/mgrs will find that if that focus on solid receivables mgmt those external solutions we have identified will become more eligible for approval in the amounts required. As an aside we all know that Canadian chartered bank financing is low cost and flexible, but when that bank solution is not accessible numerous other alternative finance vehicles exist.

In addition to the aforementioned A/R financing and asset based credit lines owners can look to:

Sale leasebacks - selling and leasing back assets is a proven cash flow strategy used by corporations of all sizes

Refundable tax credit loans (via the 'SR&ED'program)

Royalty finance

Purchase Order Financing

When you need to replenish new assets companies from start up large public company status consider EQUIPMENT FINANCING as the most popular method of financing assets from which you company will benefit over time. It’s a matching of cash outflows to asset benefits.

Along with receivables another often critical asset category is inventory. Bank and asset credit lines can include an inventory component, and firms who sell on cash such as retailers have access to inventory credit lines. As a caution inventory finance is not the easiest to obtain and careful appraisal of your inventory quality and turnover is key.

Although we're always seeming to preach asset mgmt and financing techniques to clients we're the first to recognize the importance of growing sales. Firms that can’t grow or are in a constant decline in sales revenues are often perceived as being in a death spiral of sorts. However that challenge of growing sales we point out to clients is also often one of the reasons cash flow is tight due to the higher investment you need to make in A/R and inventory and fixed assets.

If you're focused on ensuring you understand what financing you are eligible for and what are the traditional bank business loans and alternative methods of finance that make sense 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 in your finance 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 BUSINESS BANK LOAN AND ALTERNATIVE 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 '






Stan Prokop

Accounts Receivable Finance In Canada : Eliminating Potential Danger In Receivables Lending Solutions

A Peek Inside Accounts Receivable Financing In Canada: Receivables Lending Deconstructed

OVERVIEW – Information on accounts receivable finance . Here are the issues to understanding receivables lending solutions in Canada

Accounts receivable finance solutions in Canada require some level of ' deconstruction' to understand both the benefits, and pitfalls receivables lending offerings. Let's dig in.

A/R financing in the Canadian marketplace is a ' non bank' solution, allowing businesses to finance their receivables for cash flow and working capital needs. They key difference from bank financing is simply that the cost of this financing is expressed as a ' fee ' as opposed to an ' interest rate' solution via traditional Canadian chartered bank offerings.

The ability to get ' same day ' cash for sales you generate is appealing to Canadian business owners/financial mgrs. One of the appeals of this type of financing is that the amount received on the receivables is almost always more than a bank would advance. (Typically 90% - that remaining 10% is simply a holdback reserve that you receive when your client pays your invoice)

At its simplest accounts receivable finance works almost always as long as you have commercial ' business to business' invoice sales that reflect product and or services your firm has delivered on.

Receivables lending solutions should never be viewed as 'debt ' or ' equity' financing. All you are doing is monetizing existing assets - your A/R.

Cost is always a factor when owners / mgrs consider financial solutions. Recall we indicated invoice financing is billed as a ' fee ' and that fee is typically 1.5-2% of your sales. (The fee will always be a function of how long your receivables are outstanding - prudent owners/mgrs can therefore reduce financing costs by effective A/R mgmt)

The benefits of a receivables lending solution are many - they include the ability to grow your business at almost any level of growth: additionally you can improve supplier relations and take payment discounts from your own vendors, thereby enhancing key vendor relationships. In many cases if your firm has good margins and can absorb growth financing costs you're in a position to take on larger contracts or even sell to the government as well as large corporations who tend ( intentionally ?) to pay SME firms much more slowly . ( Hint – it’s their version of cash mgmt!)

Have we forgotten anything? Oh yes, those potential ' dangers ' in acquiring the right solution. They include understanding the following basics:

Ensuring you understand whether you or your commercial finance firm is responsible for bad debts - your ability to extend credit properly and manage collections reduces financing costs

Being able to articulate your customer base to enjoy better pricing - size and invoice age are factors that will help determine your pricing

Working with the right company - many of the offerings in the Canadian marketplace are focused on specific industries - example: Trucking; working with a firm that understands your industry... you guessed it.. helps.

Finally, the majority of receivable finance solutions that are non bank in nature in Canada require that your clients be notified of the finance process. Our recommendation? Consider a Confidential Receivable Finance solution that allows you to bill and collect your own accounts.

If you're interested in a solid ' peek ' into A/R financing solutions in Canada , with a focus on best solution that suits your firm while eliminating pitfalls seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success that can assist you with your cash flow 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 RECEIVABLES LENDING & 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 '

Stan Prokop

Financing SR ED Credits In Canada : The SRED Tax Credit Loan : The Case Against Waiting

Connecting The Dots Via A SR&ED R&D Refundable Tax Credit Finance Strategy

OVERVIEW : Financing SR&ED ‘ sr ed ‘ credits is the last piece of the r&d recapture process . A SRED Tax credit loan completes your cash flow strategy under Canada’s Scientific Research & Experimental Development refund program

Financing SR ED tax credits is the final ' connecting dot ‘in your firms’ journey in Canada’s SR&ED r&d refund program. We're examining the SRED Tax Credit Loan; it makes a strong case against waiting for your refund. Let's dig in.

One of the characteristics of the SRED program is that despite providing billions in funding for thousands of firms in Canada the amounts range from claims from 50k up to 1 Million $ +. For firms like yours that invest in R&D that investment can be a significant portion of your costs.

While R&D is to a certain point discretionary the reality is that todays competitive environment forces you maintain the maximum investment you can. SR&ED financing certainly assists you to plough back your maximum given that waiting for your refund is eliminated - cash flow is accelerated under the loan.

While the real objective of the program is to reimburse you for your R&D capital costs it seems logical that many firms wouldn’t take advantage of the program if they couldn’t recapture a large part of their cash flow investment. The main resource that many firms rely on are the ' SR&ED Consultants “that assist firms in preparing their claims and working with your accountants to properly file the claim.

That claim eligibility is a key part of the SRED tax credit loan process as a quality claim prepared by an experienced consultant helps speed up the financing process. That ' process' by the way is typically the most common question we get from clients on financing SR ED credits - i.e. how long does it take to get a SR&ED bridge loan and what’s involved.

The good news? Claims can be financed in a matter of weeks, in certain cases even less time. And the actual application? Just as easy - typical requirements are a copy of your SR&ED filing, your financial statement and tax return and some miscellaneous info typical for any business loan - i.e. your articles of incorporation info, etc.

‘Timing is everything ‘is an oft used cliché in business. The good news around financing SR&ED credits is that last years claim is financeable, as is this years, and yes, next years also can be started along! Your ability to document claims properly just moves everything along. SR&ED bridge loans are financed at 70% of the value of your claim - in simple arithmetic: every 1000.00$ of claim nets you 700.00$ in immediate financing.

Very few business people dispute the value of R&D and the tremendous benefits attached to the SR&ED program - it's equally a good thing to fund your claims and accelerate cash flow. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can help you ' connect the dots ' in your refundable tax credit cash strategy.


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 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

Receivables Financing : Cost And Benefits Achieved Via Receivable Companies In Canada

True Or False? You Understand Receivables Based Financing

OVERVIEW – Information on receivables financing in Canada. The solutions offered by receivable finance companies enhance cash flow and are solid alternatives to working capital challenges

Receivables financing in Canada might well solicit the question: True or False - Do you understand solutions offered by receivable companies in Canada? We're examining the benefits and costs of such solutions. Let's dig in.

Suffice to say there comes a time when your company will require some methods of external financing - your company can only grow so far when it finances itself internally. The main reasons typical external finance solutions are required revolve around expansion of your products and services. In other cases the amount of owner equity you have in the business simply won't carry your operations and growth.

A/R Receivables financing is the solutions that is most often required when it comes to the need to ' smooth out ' day to day operations. Solutions offered by commercial receivable companies in Canada also diffuse the need to either take on debt on your balance sheet and also eliminate the need to raise owner equity, which is always a daunting task in the SME COMMERCIAL FINANCE sector. The reason: you are simply cash flowing your A/R assets!

Many clients we meet are often ' scrambling ' for cash flow almost on a daily basis. How then does the owner/mgr eliminate typical tactics such as delaying their payables or using credit cards and personal collateral for business cash needs?

The answer: A/R Finance. We're of course making the assumption that full bank financing is not available for your firm. Typical reasons your firm can’t access some or all the bank credit it needs are:

New company/ start up
No financial track record
Too much business with just one or two clients
Quality of A/R
Foreign clients

A/R finance solutions make your business a net generator of cash, and if you can't generate ' excess cash ' the feeling of generating enough to run your business is simply a good feeling.

The strategy? Use your receivables to generate a constant flow of cash. The main difference in a commercial receivable facility is essentially ' the paperwork ‘. which specifies that on an ongoing basis as you generate certain, or all of your A/R these are constantly funded as you generate those invoices to clients for products or services delivered.

The cost of receivable companies solutions is calculated as a fee, as opposed to an interest rate, which comes back to the concept of ' selling your a/r ' as opposed to collateralizing it with the bank.

While costs are typically much higher than business credit lines offered by banks the solution allows you to stay in business and have enough cash on hand to run/grow the company. Note also that you can combine A/R with inventory and equipment and lump these three together in what’s called an ' asset based non bank line of credit '. It[s interesting to note that you can also borrow more under A/R financing which typically advances 90% of your a/r. as opposed to 75% at the bank

Our recommended solution in this area is CONFIDENTIAL RECEIVABLE FINANCE, allowing you to bill and collect your own receivables without any notification - that customer notification is typical of ' old school ' factoring offered by the majority of firms in this area.

If you feel that receivables non bank financing is a viable solution for your firm 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 assessing costs and benefits.



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 RECEIVABLE 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

Asset Finance Canada : Hands On Asset Financing Via Canadian Equipment Leasing Companies

For Your Asset Financing Consideration: Equipment Finance Services In Canada

OVERVIEW – Information on asset finance strategies in Canada. Canadian equipment leasing companies offer a variety of financing alternatives for all asset categories . Use leasing to properly acquire the assets you need to run and grow your company

Asset finance in Canada is one aspect of business financing for Canadian firms that requires some special consideration. Lease financing is classic ' hands on' finance - allowing owners/managers to pick their lease structure, terms, type of lease, and length of amortization. These days the industry has moved towards 'warp speed ' in approving transactions. It's one aspect of business that is clearly: For your consideration! Let's dig n.

The choice of alternatives for financing today is probably at it's peak. Numerous new alternatives to ' the bank ' have exploded in popularity. These are clearly replacements for bank financing, yet leasing assets has absolutely held it's own.

Leasing equipt continues to maintain its popularity for numerous reasons, one of which is that leasing companies historically, and continue to have asset expertise on the assets your company needs to buy and replace. Those assets? They include:

Assets under the general heading of ' Office Equipt - Computers, telecom equipment, copiers, scanners, etc

Rolling Stock - trucks, trailers, forklifts, cranes, (new and used!)

Medical equipt

Forestry assets

Restaurant equipt

Etc!

Suffice to say that almost any business tangible asset - new or used, can be financed.

Depending on the size of the transaction the Canadian lease finance industry has moved to approving small and midsized transactions in minutes and hours. Technology has allowed lessors to move paper quickly, simply speaking.

Naturally larger transactions still require some level of financial statement analysis, customer input, and asset verification. While the leasing industry itself might wonder if things are moving too fast suffice to say that companies, aka ' the borrower' aren’t complaining.

Customers always, rightfully or wrongfully (mostly wrongfully) focus on rate. Notwithstanding that rates are at an all time low and competition for new business is intense, all of which play into your game plan as the lessee.

With all the changes in leasing asset finance the tried and true benefits still remain the same - protection against asset obsolescence, cash flow benefits, the ability to upgrade, etc. By the way assets already owned can also be refinanced via a properly executed sale leaseback strategy.

For many clients we meet with the lease alternative is appealing if only for the reason that it's a new source of funds for the company finance strategy.

If you're looking for ' hands on ' assistance in acquiring business assets seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can help you choose lease strategies that make sense for your growth 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 ASSET FINANCE & EQUIPMENT FINANCING / LEASING 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