Invoices To Finance ? Here's The Best Method Of Factoring Financing In Canada For Accounts Receivable

Tweet

Information on confidential factoring financing for your firms account receivable investment . How it works and why the ability to turn those invoices into cash will generate cash flow and working capital for your firm

We know why you are here. You've got them; you just don't know what to do with them. We're of course talking about invoices to finance, and what we think is the best method of factoring financing for your accounts receivable.

There isn't a day these days when we don't meet a client like you who isn't challenged by working capital and cash flow challenges.

Let's examine the basics of factoring financing in Canada, with exactly what you need to know, which is simply how does it work and whats the best type of receivable financing arrangement. Oh, and by the way, we'll share some tips on what to look for in that ' perfect' arrangement we are referring to,

So let's weigh in on our subject, which is that you have got accounts receivable, and they are growing , and as everyone is experiencing these days, your clients , as great as they are, are slow to pay. And we won't forget that terrible thing known as the bulge, which is that seasonal or occasional situations when large sales opportunities loom and you need financing to cover those off.

Thousand of Canadian companies can't all be wrong, so there must be something to factoring financing of those invoices, right? We're going one step better and recommending that you investigate confidential invoice financing, which is simply a factor arrangement that has you in control of the show, not the finance firm. And controlling your own destiny is what it is all about.

Accounts receivable financing is simply the sale of your invoices to your finance partner firm - you get the cash immediately. It works best when you have some decent gross margins to absorb the 1-2.5% financing cost that comes along with this type of financing. The cost is what most of our clients are worried about , and they are somewhat more happier when we show them how they have the ability to cut that cost in half using that new found cash flow to execute on strategies such as taking discounts with their suppliers and buying in bulk at better prices .


So here comes that recommended secret we are talking about. We call it C I D, which stands for confidential invoice discounting. Here's where you have the advantage over your competitors. 99% of all factor financing in Canada revolves around your factor firm partner billing and collecting your invoices, with notice to your customer. Our offering eliminates that, you bill and collect your own invoices, when you want, when you need the cash. So you have the same pricing as your competitors, but you are on up on how the facility works.

Things we look out for when we originate these financings are areas such as the total all in rate of your new financing facility. Other somewhat technical issues are the advance rate, of what is advanced against the full amount of your invoices. Some other key issues to look for are the miscellaneous admin fees, the exact calculation your new financing partner uses for their rate, and your ability to terminate the arrangement at no cost.



Some of these latter issues we mentioned can save you thousands and tens of thousands of dollars of a year, so we recommend you use the service of a trusted, credible and experienced Canadian business Financing Advisor with a track record of success to ensure you have the best method of factoring financing for your firm.




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



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

Buyout Funding : Here’s Your Letter Of Recommendation For Management Buy Out Funds

Everything You Need To Know About Buyout Funding And Acquisition Financing In Canada

Tweet

OVERVIEW – Information on buyout funding options and Strategies in Canada. From a management buy out to acquisition finance certain techniques and finance sources will steer your transaction to success

Management buy out financing can often present a solid opportunity for success in the Canadian business landscape. Buyout funding for mgmt or acquisitors is a specialized type of financing. Let's dig in.

While management buyouts and acquisitions often seem ' less risky ' to many there is certainly more chance of success when a company is acquired at the ' right price ' and has profits and good revenue potential. When proper financing is executed in such a buyout or acquisition without taking on too much debt and allowing for working capital needs the business success formula is clearly in sight.

In the Canadian marketplace it is very reasonable to assume that a normal amount of owner equity will be a portion of every deal. The concept of '100% OPM’ (other people’s money) rarely works!

There is a huge difference in the how firms in the SME Commercial landscape are acquired and financed , versus larger corporations who rely on private equity firms and pension funds that have large resources, as well as the probably ability to acquire senior lender bank type debt to finance deals.

Highly leveraged ' debt heavy' mgmt buyouts and acquisitions are rare in the small to medium enterprise space. Also, unsecured cash loans must be backed up by a business that has demonstrable cash flow history and future.

Canadian banks will , and do provide cash flow term loans to firms where it can proven cash flow and profits and mgmt experience will support the amount of debt needed. Here it's essential to have a good business plan and cash flow projection with realistic assumptions.

Although every industry can certainly be a candidate for buyouts it makes sense that your industry should be able to demonstrate operating in cyclical or economic downturns. That's of course a challenge for any firm of any size.

Despite numerous challenges we've mentioned the ability to craft a successful management buyout or acquisition still makes tremendous sense. There are tax advantages to adding ' good debt ' to the balance sheet and smaller private firms are more 'nimble ' and able to move more quickly in many market conditions and opportunities.

And what type of financing suits buyouts in the SME COMMERCIAL FINANCE space in Canada. Solutions include:

A/R financing/ Inventory Loans

Govt Small Business Loans (they are capped at 1 Million $)

Asset based financing

Non bank revolving credit facilities

Sale leasebacks

Commercial mtge refinancing

Bank term loans/business credit lines/ unsecured cash flow loans

Bridge loans

The ability to finance a company with the right level of debt without sacrificing ownership is a true win/win for owners. If you're for the right type of buyout funding in Canada seek out and speak to a trusted credible and experienced Canadian business financing advisor who can assist you with your needs.


Stan Prokop
7 Park Avenue Financial :

http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN MANAGEMENT BUY OUT 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 Purchase Decisions Come With Acquisition Finance Needs

Looking To Cash In On Buying A Business ?

Tweet

OVERVIEW – Information on acquisition finance solutions and challenges revolving around the business purchase decision

Business purchase decisions. Knock Knock - Who's There?

Opportunity has arrived! The ability to control or buy a business requires though, acquisition finance funding. Buying a business with the right financing in place helps guarantee the success that comes with sales and profit growth, and businesses in the SME segment of the economy rarely have all the ' cash ' they need to buy a company . The solutions? Let's dig in.

Clients we meet have varied reasons to buy a business. In some cases it might simply be the purchase of an existing franchise - rightfully or wrongfully some consider that decision as ' buying a job '. We'll let the pundits weigh in on that argument.

In other cases it allows the owner to speed up growth plans, expand into the U.S. or internationally, or to have the ability to capitalize on special technologies. All of those translate into the need to have a ' plan' to show that financing will allow those sales and profits.

One myth of acquisition finance is that 100% financing is available to purchasers of a business. That is very, very rarely the case. Another myth is that business purchases are geared towards specific industries, when in fact any business can be acquired. In the SME sector it is particularly hard to finance the purchase of a service business as there are rarely assets to support the transaction.

In numerous cases the type of financing you need to buy a business might simply be a temporary ' bridge ' solution to a longer term ' full time ' finance solution. That could be termed ' transition' financing.

Here it's important to ' button hole ' the types of financing you will need for your acquisition. That comes in various forms:

Cash flow term loans

Asset financing

Working Capital


Other areas to be considered include the amount of debt that is already in the company that you are looking to acquire. In many cases this debt or other facilities will need to be ' taken out' or reworked in some manner. Many transaction we see have some form of ' seller finance' involved, having the owner participate in the financing by taking some form of a ' note'.

The actual financial solutions that will allow you to complete proper financing include:

Asset based loans
Bank Term Loans
Government Guaranteed Loans
Unsecured cash flow loans
Non bank asset based lines of credit
A/R and Inventory Financing
Sale leasebacks of unencumbered assets
Commercial mortgages

If you're looking to ' cash in' on a business purchase opportunity 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 the right mix of financing to accomplish your goals.







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

Business Finance In Canada : Eliminating That Alternative Universe Feeling In Cash Flow Financing Needs

Tweet











Do You Have A Bullet Proof Business Financing Strategy ? Try This One

OVERVIEW – Information on planning steps required for cash flow financing in Canada . Here’s your ground work for business finance solutions that address your needs

Business finance in Canada often has owners feeling that fundamental needs such as cash flow financing only exist in some ' alternate universe'

- that hypothetical different dimension physicists tell us about.









The reality though? If you spend some time on what we could call a ' bullet proof' strategy for success will alter your observations on financial success. Let's dig in.

Business owners/ mgrs first of all have to focus on the timing of their need - i.e. is it short term financing or longer in nature. While the owner/financial manager often knows what stumbling blocks will exist in the finance journey the reality is that many times a banker, external advisor, accountant, lawyer, etc will provide some objective advice around what results can realistically be achieved.

Timelines need to always be considered - many clients we meet are looking for funding ' yesterday ' but the harsh reality of assessment, due diligence, documentation, etc requires in some cases a painful amount of time.

While many other factors can very easily affect your success in business financing (economy, technology, govt, new competitors, etc!) the fundamentals around business need revolve around your ability to understand your past and current financial performance/condition.

Can you as the business owner/mgr really say that you understand the true financial position of your company? There are some real basics that don't require the ' rocket scientist ' type work that we imagine those Bay Street boys are doing on every company. It boils down to simply understanding your balance sheet and income statement and how those two documents affect your cash flow

Typical issues to consider include - your payables and relationships with suppliers , account receivable turnover, inventory turns , how much debt you have relative to owner equity , and and the amount of new equipment of technology you need now or in the future.

Just knowing those and being able to tie them into your finance strategy will create a win when you are in front of banks or commercial lenders , While we only have 6 or so banks in Canada the commercial lending and alternative finance world is quite huge these days .

Having a clear business plan will often help your overall strategy. That plan covers putting proper words to the numbers.

If you're looking for some help in a ' bullet proof ' overall finance strategy for financing around receivables, inventory, equipment, tax credits, etc seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can ensure access to capital and funding.





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 FINANCE AND CASH FLOW 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 Loans Canada : Which Financing Sources And Finance Companies Work Best For Your Company?

Which Of These 5 Types Of Business Loans Work For Your Company ?

Spoiler Alert : There’s Even More Alternatives Than These !

OVERVIEW – Information on business loans in Canada . Numerous types of financing sources from banks and finance companies are available . What works best for your business?

Business loans in Canada , unfortunately, don't come in a one size fits all package. So which financing sources make sense for your company, whether it’s a Chartered bank solution of those offered by mainstream or specialized niche finance companies? Let's dig in.

Along with ' variety ' a business loan also comes with different terms, conditions and structures. We're not trying to complicate the situation but the business owner/mgr quickly sees that the challenge in this form of Canadian business financing revolves clearly around knowing what your needs and are matching those needs to your firms situation.

What distinguishes ' loans ' from other forms of financing (equity, or current asset monetization) is fixed terms and typically, but not always, fixed interest rates. Current low rates of course make the financing cost scenario very attractive.

Business owners are also encouraged to understand the difference between ' secured' and ' unsecured ' loans. Safe to say an ' unsecured' loan is difficult to obtain unless fairly strict financial criteria are met.

When it comes to SME COMMERCIAL FINANCE needs one of the best examples of an ' unsecured' loan is the Govt Guaranteed Small Business Loan. It provides financing up to 1,000,000.00 for two asset categories that meet most needs for start up and growing businesses. Those asset categories are ' equipment ' and ' leasehold improvements'.

Confusion reigns supreme when business owners often construe a ' line of credit' as a loan, when in fact you're just cash flowing your current assets - accounts receivable and inventory. These loans fluctuate and while there is a rate attached to the borrowing costs fluctuates as you draw down or pay down the revolving facility.

Non bank business credit lines are available via what’s known as an Asset Based Line Of Credit. Known as ' ABL's they actually combined your fixed assets with your receivables and inventory, all into one fluctuating facility.

Various subsets of asset based financing are also not really ' loans' .They include Accounts receivable financing/factoring and inventory finance facilities.

Two traditional forms of loans are mortgages and equipment loans. These are typically larger facilities to secure buildings and land or shop floor assets or technology. A lease is not a loan, but it also has a fixed term and rate. Most clients we meet are happy just to get approved for a lease or a loan, and often don't understand some of the accounting distinctions between the two!

The providers of ' loans in Canada are banks, commercial finance companies, insurance companies, and, as we noted, the government.

Owners and mgrs can quickly see that any number of combinations of business loans from the right financing sources can meet their operating and growth needs. In most cases it's a simple fact of knowing what amount of financing you need, being able to demonstrate your firms financial condition, and ensuring you understand which finance companies or bank can fit your needs. Not feeling like you can go it alone? Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your financing needs.


Stan Prokop
7 Park Avenue Financial :

http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS 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

Business Loan Success : Got What It Takes For Bank Loans And Alternative Finance Strategies?

Eliminating The Word Painstaking From Business Financing Success

OVERVIEW – Information on business loan requirements in traditional and alternative finance in Canada . Bank loans and other non bank financing strategies come with some basic requirements which are discussed

Business loan success, whether its bank loans or alternative finance often has owners/mgrs wondering if they've got what it takes. We're going to try and eliminate the word ' painstaking' from your challenges around funding your company in the SME COMMERCIAL FINANCE
marketplace. Let's dig in.

Business funding needs arise out of a number of requirements for any owner/mgr who is focused on growing the company's sales. Typically those needs come from the desire to expand, introduce new products or take on new contracts, even acquire a competitor.

Financing your business can come from traditional (typically ' bank ') or nontraditional finance sources. Suffice to say alternative finance has been very much on the rise since the great recession of 2008-9. Each category of loan has different requirements that will help guarantee financing success- therefore our question - Have you got what it takes!

Small and medium size firms, whether you like it or not has both traditional and alternative lenders looking at owner finances and credit history. While many newer forms of alternate finance ( asset based business credit lines, a/r financing, tax credit financing , etc) place much less emphasis , and in some case almost no emphasis on personal credit of owners suffice to say a higher personal credit score is better!

The absolute fundamentals of any business loan revolve around your ability to provide, or at least ' talk to ' a business plan and cash flow and revenue forecast. These are very basic requirements - they are not rocket science. Also, this is not a good time to be a dreamer - realistic projections win.

In some cases all the financing you might need will be ' collateral ' based. Hopefully that’s business collateral and not personal assets! As an example the GOVERNMENT GUARANTEED SMALL BUSINESS LOAN requires no personal assets be pledged,, and actually finances leasehold improvements as well as fixed asset/equipment needs.
Also, many EQUIPMENT LEASING firms are able to finance your asset and equipt. needs without outside collateral or a focus on personal owner credit.

Finding a great commercial business banker (notice we said banker, not bank) is worth its weight in gold. Given Canadian banks are the closest thing to an oligopoly (think monopoly) loan requirements rarely differ at banks. Your banking success will deliver loan rates and unlimited access to capital if... ands it a clear if... you have:

Owner personal credit
Business commercial credit history
Assets
Cash Flow
Mgmt Depth

As we have said each business financing category has some absolute basic requirements. Some of the basics in each category? They include:

A/R Financing - requirement to show aged receivables of a reasonable credit quality

Inventory Finance - A marketable inventory of goods that can readily be priced and sold as the fundamental collateral of an inventory loan

Non Bank Asset Based Lines Of Credit - receivables, inventory and fixed assets that can be well documented on an ongoing basis

Tax Credit Financing - the ability to produce a credible SR&ED claim with appropriate documentation

Bridge Loans/Sale Leasebacks - equipment or real estate assets that have been appraised or valued to mutual agreement between yourself and the lender

Still not feeling like going it alone? In many cases your firm has the ability to improve both improve or make more attractive your loan success by working with a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your business loan, banking needs, and alternative solutions.


Stan Prokop
7 Park Avenue Financial :

http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS 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 '




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 Advisor Needs? Worth Their Weight In Gold Corporate Financial Advisors

Why You Don’t Need A Business Financing Advisor : Or Do You?

OVERVIEW – Information on the services of a business financing advisor. What are the benefits of using corporate financing advisors to source operating and growth needs

Business financing advisor needs arise around the different timeframes your company finds itself in. The size of your firm and the 'stage of life' are key components of understanding the need (or lack of need) for funding and longer term growth.

Do you actually though need corporate financial advisory help? You categorically do not if you:

Understand all your finance options and can access all funding sources with your own expertise – you understand all sources of traditional and alternative business finance

Are profitable and cash flow positive and can grow at any rate you wish

Have all the working capital needs you require


Not in that category? Let's dig in!

The majority of business owners/financial mgrs we meet are focused on the challenges of improving their business from a finance and funding perspective. They are looking for the competitive edge.

The debate rages on as to whether the Great Recession of 2008-2009 still has lingering after effects on the ability to access capital. Closer to reality is the fact that bank credit requirements (in Canada) haven't changed. They requirements are clear: good financials, collateral, solid business plans and owner financial commitment.

When business can't for any reason access the bank capital they need they are confronted with how to expand their companies, refinance, and get a business credit line that makes sense. Many new ' niche' alternative financing sources are available to access capital.

Enter, stage left, the business financing advisor. He or she typically has a background in both SME COMMERCIAL FINANCE
needs as well as having worked with, or for larger firms who seem to master finance requirements with resources often not available to small or mid market firms.

More often than not your needs in the start up to SME stage are focused on specific transactions and needs. The goal? Improve your chances of success and timing in business finance needs! Those needs are in the areas of:

Bank credit lines

Asset based lines of credit

Current Asset Financing ( a/r , inventory, tax credits)

Real estate financing

Acquistion finance

Equipment Financing

Sale leasebacks/bridge loans

Purchase Order Financing

Sales/Royalty Finance



The requirements you need to assess a good business financing advisor? They are experience, credibility, expertise, track record, and cost.


So, do you need a business corporate finance advisor? It's your call. Tuition is very costly in the school of experience when it comes to making the wrong choices. Big business today is big on ' outsourcing’. SME firms should consider outsourcing their financing needs, utilizing a corporate financial outsider to help them access opportunities and advantages in the new landscape of business financing 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 FINANCING ADVISORY 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