Need Equipment Loan and Lease Financing? Re-Program Your Leasing Finance Strategy Today!

Look at Equipment Financing in a Whole New Light !

Sometimes you just need to re-program

things to make them work better - that's what we're also suggesting when you review your lease finance and equipment loan financing strategies for your company.

Let's examine how you can maximize your leasing strategy to attain maximum benefits and minimum hassle! That's clearly a win win strategy.

Focus clearly on eliminating what we can only call the 'hassles' of dealing with other types of financing, It's all about ' time' and your ' business bandwidth ' today when you are visiting a new asset acquisition. Without a doubt we can state that leasing equipment is by far the quickest method of obtaining an approval, satisfying both your vendors need as well as your own time constraints.

With only a very basic financial calculator you can quickly review all your lease finance options - the favorite question of almost all clients is: 'What will my monthly payment be?' It's about time for you to answer that question yourself, and make sure that your cash flow and working capital remain intact on the equipment loan financing you are contemplating. How? Just remember that the only elements to any lease are: term, rate, amount financed, payment, and end of term option. If you know any 4 of those you can always solve for the final item, which in our case is payment. You should assume an interest rate that is consistent with your firms overall credit quality.

Business owners and financial managers should view their lease finance acquisitions in the context of your overall financial strategy. You might need to 're-program' your thinking on buying and paying for assets outright. Doesn't it make more sense to keep your cash and line of credit reserves intact, and match the useful economic life of the asset you are acquiring to a predicable cash outlay?

A quick way to 're-program' your leasing needs is simply to always use the same business template for each asset you are acquiring. They key aspects of that decision template, if we can call it that are: cash flow budgeting re the monthly lease payment, reviewing the asset in the context of not having to draw on your business operating line of credit, determining how long you will use the equipment for (thereby matching term and payment) and finally, factoring in balance sheet and tax advantages into your asset acquisition decision.

What's the biggest 're-programming' issue with most firms. It's simply their mild obsession

with rate. Yes a rate has to be competitive, but view the lease financing rate in the context of the current interest rate environment, the challenge of getting traditional bank financing, and the fact that in the current 2011 environment rates are probably going up and not down. The real reality is that you determine your own rates in your new leasing re-programming strategy! That's because the largest factor in determining rates for equipment financing is the manner in which you properly present your overall credit quality and financial health.

In summary, equipment loan financing, aka 'leasing' has been around for over a hundred years in North America. Take a hard look at why you finance your assets, reprogram your strategies around benefits and 'how to,' and acquire your assets with the knowledge you have made the best financial decision for your firm. Need help? Given a choice we'll take an expert over a rookie any day! Speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who will work on your ' re-programming strategy with you!


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 100 Million $ of financing for Canadian corporations



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/6050941

Business Refinancing In Canada: Your Turnaround Finance Fix Via An Asset Loan And Other Solutions

The Rise Fall and Revival Of Your Company : What would Henry Frick do?

OVERVIEW – Information on business refinancing solutions and strategies in Canada . Turnaround finance comes via an asset type loan solution or other forms of monetizing assets

Business refinancing solutions
are often required when your company has been in the rise... and then unfortunately fall situation. Turnaround finance typically requires an asset loan of some type, in combination with performance changes in your business. Let's dig in.

Challenges in the turn around abound, especially since in a turn around .especially when it comes to SME COMMERCIAL FINANCE needs, new equity/owner capital is often difficult if not impossible to acquire. So that lack of money must come from operating assets and sales. The ability to maintain sales and increase profits is of course also key.

Safe to say that owners/mgrs have to recognize the issues that arose prior to a turnaround need - they include issues such as costs in the business, mgmt/employee performance, or lower sales. Naturally those types of issues, combined with a poor asset and sales finance strategy are typically the key issues.

Key signs of a poor finance strategy being in place are your inability to buy new needed assets , inability to meet fixed cost commitments, and loan and lease default scenarios.

Many businesses get to the ' crisis ' situation without ever having prepared a proper business plan and cash flow plan. Suffice to say that now is the time to do that! That financial forecast and plan will determine where turnaround finance is needed and how it could be achieved. Those type of efforts will determine where cash will come from and how and when it will be used.

There is a great story around a fellow named Henry Frick - In 1871 he borrowed through good and bad times to acquire and grow businesses. His secret? It might well come from the actual bank notes from Thomas Mellon of Mellon bank - a bank U.S. money center bank . Those notes? They read ' land is good ... the ovens are well built, manager on job all day... keeps books in evening... knows his business’!

There often emerges a clear ' pecking order ' in who or what needs to be paid and addressed in a business refinancing. That list of key players is pretty short - government obligations, key suppliers, and utilities/rent!

For those customers with bank facilities in place they are of course forced to address the turnaround when a demand loan is called. An asset loan is often the solution that ' takes out ' the bank and provides an interim financing solution.

Turnaround finance Solutions that are available are diverse - They include:

Asset based bridge loan on assets

Asset based revolving credit facility - combines A/R, inventory and equipment and real estate into one business credit line

Tax credit finance

A/R financing

PO / Contract financing

Sale leaseback lease/loan on unencumbered assets

Sales/Royalty finance

If your business is facing operating losses and other issues requiring business refinancing seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
for help in asset loan and cash flow 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 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS REFINANCING AND TURNAROUND 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

Unlocking Business Capital : Operating Financing 101

Avoiding The Cash Flow Tailspin Via Proper Business Finance

OVERVIEW – Information on operating financing sources in Canada. The right amount of business capital, from the right sources will help guarantee business success and growth

Business capital , well actually the lack of it, can put companies into a highly undesirable tailspin. How does the business owner/financial manager ' unlock' the operating financing he or she needs to run the business? Let’s dig in.

Once companies are past that challenging ' start up ' phase the need for even more capital emerges. That funding needs to come in the form of longer term capital, as well as operating cash. That operating cash provides ' fuel' to your business, allowing it to grow.

Thousands of Cdn firms choose to invest in R&D to better their products/services. If that's your firm and you aren't taking advantage of Canada's SR&ED program for your refund in research and development... well... shame on you! We'll add that those r&d credits are financeable also, and a SR&ED bridge loan helps to accelerate business cash flow recovery.

We're focusing mainly though on ' operating expenses' and how the business finances those needs. Here's where a basic cash flow forecast comes in as essential. Most business owners/mgrs will agree that it's a bit more challenging to forecast ' cash flow coming in' versus expenses, many of which are fixed.

As we have hinted, cash ' inflow' is more about ' timing',

so knowing how to finance your assets and your sales is really the essence of the secret to unlocking business capital.

Where do those funds come from? The most basic sources of funding include:

Owner equity / collateralized personal assets (Businesses that can't demonstrate long term financial potential to outside investors/partners will have to self fund their businesses)

Business credit cards

Term loans / Revolving credit facilities

Trade credit from suppliers

Accounts Receivable Finance (The appeal of A/R Financing, via a bank or a commercial lender is significant. Financing comes from your sales, not from your overall ' business credit' profile)

Govt Business Loans (The federal ' SBL' loan program has recently been expanded and will have appeal to many start ups and early stage firms)

Tax Credit Financing

Equipment Finance


Which of those will work best for your firm? The reality is that it's a combination of matching several of those finance solutions to effectively run, and grow your business.

So, our recap? Simply that careful time should be spend on estimating and understanding your operating finance needs, either from your business assets or from your sales . Consider speaking to a trusted, credible and experienced Canadian business financing advisor who can assist you with external finance needs that will allow you to ' scale' your business.


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

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS CAPITAL 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

Acquisition Financing Options In Your Business Purchase Options In Canada

Financing Is the hidden connection to a successful business purchase or acquisition

OVERVIEW – Information on acquisition financing options for Canadian firms considering business purchase or mergers

A business purchase in Canada has to come with some acquisition financing options for entrepreneurs and business people. And for those options the more the merrier and creativity is certainly welcome. The right financing at terms, rates and structures is really the hidden connection to a successful purchase/acquisition. Let's dig in.

Bank financing is often the typical first choice among purchasers, but accessing this type of capital comes with certain criteria that sometimes can't be met. Firms in the small to medium sized market place are often underserved when it comes to acquisition finance options. More about some of those bank criteria later.

So, those other options? One of those is ' seller finance' - allowing the owner to participate in the actual business financing. Naturally owners must be both motivated and able to participate in such a transaction.

Cash flow or ‘mezzanine' type finance is another option when bank ' senior debt ' can't be arranged. It is in effect unsecured business financing, allowing you to rely on the cash flow, and profit margins of the business to pay back the loan which is typically 3-7 years in length. Here it's critical to demonstrate that those cash flows we require have been there historically, now, and in the future!

When both the seller or cash flow financing is not possible another solid source of purchase finance is 'Asset based lending'. This type of commercial lender will focus solely on the existing balance sheet of your business - and those assets of receivables, inventory, and fixed assets - as well as real estate if applicable. Be mindful also that there must be enough assets left over to also enable you to have operating working capital.

The strongest and most common ' sub set ' of asset financing is Receivables finance. A credit line against receivables provides solid liquidity.

Back to those bank criteria we've mentioned already. Although there is a lot of truth in the fact that banks prefer larger merger and acquisition activity they are certainly willing in the current competitive banking environment to service merger and acquisition transactions in the SME COMMERCIAL FINANCE area.

Buyers should be well warned that certain financial ratios and covenants around cash flow, debt to equity, etc will always be on the table with the bank. You can almost pre-quality yourself by spending some time determining if cash flow of 1.25:1 and debt to equity of 3:1 are in fact achievable under your finance plan. Here owner equity to some level will again, almost always be required.

Banks recognize that transactions financed properly help the new business to be stronger and more successful. That includes being able to eliminate other competition, achieve economy of scale, as well as grow the business geographically or with new products and services. A strong business plan with conservative clarity around growth, profits and cash flow is clear here.

Being able to negotiate the right price is as important as funding your business properly - many owners/mgrs/entrepreneurs will need help in the different valuation techniques employed by those ' big boys' on Bay Street.



Poorly informed purchasers around financing, valuation, and creative alternatives are almost certain to fail. If you're looking for proven financing techniques in a business purchase 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 ensuring you are not in ' no mans land' when it comes to buying a business in Canada.



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


7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS PURCHASE 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

SRED Bridge Loan Finance : Your Masters Degree In How To Actually Get Your Refundable Research Development SR ED Credit Filed And Financed

Is Your Company The ‘ Wrong Way Feldman’ Of SR&ED Claim Filing And SR ED finance?

OVERVIEW – Information on the SRED Bridge loan. The refundable Research Development SR ED Credit recoups r&d capital and accelerates cash flow

A SR&ED Research and Development Tax Credit absolutely doesn't require a masters degree to successfully file, or finance the claim. How then does the whole process work, and when it comes to receiving your credit or financing it via a SRED Bridge Loan can you avoid being a ' Wrong Way Feldman'? Let's dig in.

Wrong way Feldman? He was a character on the iconic ' Gilligan’s Island' TV series - portrayed as being very incompetent. Quite a character, as a pilot he had fear of flying! (He once flew to New Orleans by mistake, intending to land in Minneapolis!)

So how do you avoid those ' Wrong way' moves in both the preparation and financing of your claim? ... Allowing your firm to receive your share of the billions in R&D credits annually. And by the way, to finance your claim is even easier when your filing and prep process are done properly. (SRED Bridge loans can often be successfully accomplished within a couple of weeks from start to finish).

The ability to recoup capital, i.e. the refundable SR&ED tax credit, while both staying competitive through improved products and processes is what 'SR ED' is all about .

What resources do you have at your availability to properly prepare and finance a claim? More about the financing later, but when it comes to filing a research and development sr Ed credit it's all about the quality of preparation. That work, almost 99% of the time is done by qualified SR&ED consultants - working in conjunction with your firm and your accountants re the year end filing process.

Typical claims capture the technical narrative and data as well as itemizing the expenses and costs relative to your claim - Typically 35-40 % of all your expenses are recovered under the R&D credit. We see clients claiming anywhere from 25k to $1,000,000.00 in refunds.

The end result of a successful claim? You receive a refund in the form of a cash return. However that whole process, depending on the gov'ts timing, as well as yours can take many months. Here's where financing your SR&ED credit might well make perfect sense - if only for the reason of generating additional cash flow for more r&d needs as well as daily operational and investment needs . (Your SRED refund, of the financing of the claim allows you to use the refund for any general company purpose).

SRED bridge loans are constructed to provide 70% funding of the total value of your claim. No payments are made during the duration of the loan, which can be prepaid at any time, or of course when the govt sends that final actual refund chq. It's also interesting to note that you can finance any or a combination of last years, this years, and next years claim! Talk about flexibility and access to funds!

If you're looking to be avoid being a ' Wrong Way Feldman" in research credit funding focus on the proper basics : Identifying eligibility, keeping careful track of your spend in r&d, working with a SR&ED consultant with a good reputation, and following CRA filing procedures.

And financing your claim ? Seek out and speak to trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can help you finance your claim and generate that immediate cash flow recovery.



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


7 PARK AVENUE FINANCIAL = CANADIAN SR&ED LOAN 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

AR Funding Via Selling Receivables Is A Solid Asset Finance Strategy .. Sometimes

Are A/R Financing Mistakes Leading To Bad Results ? Secret Tricks To Successful Invoice Finance

OVERVIEW – Information on selling receivables as an asset finance strategy for Canadian business. AR funding.. done right

Selling receivables via (A/R) AR funding is often a solid move as part of an overall asset finance strategy. But can this financing move lead to bad results? It only can, if done improperly. Here's our views on ' secret tricks'

to successful invoice financing when helping clients with the right moves in cash flow financing. Let's dig in.

Carrying receivables is one the largest liquidity challenges for any size business - from start up to major corporation. The (hopefully) profits locked up in A/R can contribute to major cash flow issues if not funded properly. By the way, it sure helps if you can turn those invoices into cash faster - with or without financing!

How does the ' traditional’ asset finance strategy of selling receivables work? The fundamentals are simple - it when we get down into the weeds that there are potential problems. A/R Funding is simply the sale of your receivables on an ongoing basis, for instant cash. It's interesting that advances on your A/R in this manner are even more generous than banks. (Banks finance 75% - the right invoice finance facility delivers a 90% financing.

Business owners/mgrs should not get caught up in security paperwork behind an AR asset finance facility. Similar to banking it collateralizes your receivables, and, very much like bank facilities places a blanket security on your firm. The right commercial A/R finance partner will always allow you to finance equipment, inventory and other needs separately.

What are the key factors in how a lender assesses your A/R portfolio? Typically they look at:

Non North American Receivables - Cdn and U.S. accounts are ok to finance

Typical amts and size of your invoices

Quality of your aged receivables - invoices over 90 days old can't really be financed




Why do businesses consider non bank AR Funding? Reasons include:

Faster approval for such facilities

Generally straightforward paperwork

Less reliance/emphasis on owner guarantees

Good quality receivables and your mgmt thereof ensure almost unlimited financing capability - you've turned your firm into a cash flow machine

General credit quality (often a factor of what industry you are in)

Commercial A/R financiers love high growth (banks don't necessarily ascribe to hyper growth, favoring stability in sales and finances)

So what about those ' BAD RESULTS ' when it comes to asset finance and selling receivables for a revolving credit facility need? Things can go wrong when you don't understand the higher cost of non bank A/R asset financing. Clients we initially meet are both surprised and confused around how various firms price these facilities.

Additionally many clients we meet don't fully understand this is often an interim solution - its higher cost with unlimited capital that more often than not takes clients back to a traditional finance solution.

The largest negative in selling receivables? Opinions vary but we believe strong that most Canadian business owners and financing mgrs don't like the ' notification' aspect which traditional A/R finance demands - i.e. advising your clients this financing is in place. Do we have as solution? Your bet! Consider a CONFIDENTIAL INVOICE FINANCE strategy, allowing you to bill and collect your accounts, all the while maintaining your client relationships while having access to unlimited funding.

So, is selling receivables a solid asset finance move? Speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your asset finance needs. It’s all about those tips, tricks and secrets for successful financing of your business.



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

7 PARK AVENUE FINANCIAL = CANADIAN ASSET FINANCE AND A/R 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

Business Financing In Canada : Outrunning Your Finance And Banking Needs

Are You On High Seas Navigation For Business Financing With No Road Map ?

OVERVIEW – Information on business financing in Canada. Understanding the critical need for commercial finance and banking solutions that make sense

Business financing in Canada might well have business owners/financial mgrs feeling like they are navigating the high seas... without a roadmap. Not recommended? How then does your company in effect ' outrun'

it’s needs, choosing commercial financing for survival and growth. Let's dig in.

Companies with stable and positive financials look to Cdn. chartered banks for their business needs. When banks can't/won't satisfy those needs other solutions are available- more about those later.

Businesses with SME COMMERCIAL FINANCE needs often face challenges in choosing a bank, a banker; our banks tout convenience and online services, etc but many businesses are unable to meet basic business credit line criteria.

‘Old School ' lending talked about the 4 C's of bank lending - character, capacity, credit, and collateral. While many of our clients have no problem passing' character ' they can't meet issues of collateral, proven cash flow, and credit history.

Enter... stage left...

non bank alternate financing sources! Is there a finance solution to the business line of credit that meets your needs? Those bank lines provide overdraft protection based on personal guarantees and financing against your sales/receivables - typically 90% of A/R value. For businesses with a history of profits and success it's low cost flexible financing.

When your company can't access bank financing top experts tell us that business owners resort to personal loans, collateral mortgages on their homes, equipment leasing, etc. There is one very solid alternative to the bank credit line - it’s the ASSET BASED NON BANK BUSINESS CREDIT LINE... aka the 'ABL' line.

How does the ABL work? In many ways it’s the ' low tech' solution to business credit. It takes your receivables, inventory, and equipment and packages them into one ongoing revolving business line of credit. Somewhat ironically the level of borrowing is actually more generous when it comes to margins on your receivables, inventory and equipment.

Are there some other solid finance solutions we haven’t talked about? One is internally available! Your ability to maximize trade credit from vendors is a valuable source of cash flow. Another solid solution is Equipment Leasing for fixed asset needs.

There is one other ' subset' of the asset based credit line - A/R Factoring. Paperwork around this type of facility allows you to cash flow your receivables at the same time you are generating sales. Our recommended specific solution in this area is CONFIDENTIAL A/R FINANCING... allowing you to achieve all the benefits of factoring while billing , collecting and financing your receivables.

If you're looking for some ' high seas navigation' in Canadian business financing solutions 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 banking and 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 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS 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