Franchising Loan Solutions In Canada : Sourcing The Right Franchising Financing Lenders

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Franchising Loan Solution In Canada : Stalking Those Elusive Franchise Lenders

OVERVIEW – Information on sourcing franchising loan needs in Canada. Locating the right franchise financing lenders for your needs is a challenge you just might need some help with

Franchising loan needs of course involve franchise financing lenders. That search for the purchase of your business can seem very elusive to many entrepreneurs, particularly those that are new as franchisees.

How then do we find the right lender for our needs, and who in fact are those lenders. We supposed you could say we're stalking those funders that participate in franchise financing - but not in a creepy way of course! Let's dig in!

The majority of business owners would normally think that Canadian chartered banks probably offer their best chances of securing a franchise loan to purchase either a new or existing business. In some ways they could not me more wrong. If your bank does not have a formal ' program ' in place with your franchisor financing will be, shall we say... challenging! Banks prefer very established names that come with a brand and a lot of ' unit ' success in the market. (Think golden arches and rolling up cup rims)

Where the banks do play a key loan in franchise funding is via their partner in the transaction - the Canadian govt! That's via the Govt of Canada Guaranteed Small Business Loan program which makes the transaction less ' risky ' given that the govt guarantees the majority of the loan in case of default. That type of backing makes any loan ' low risk ' for sure!

One point of clarification: Your bank will of course consider financing your franchise choice outside the Govt Small Business loan program. (By the way, the new 1 Million dollar limit on this program isn’t exactly small) However that will require full disclosure by yourself of your personal finances, tax returns, sources of income/savings, etc.


While banks could provide the maximum amt of funding you need at absolutely the lowest cost it's safe to say that many franchisees would prefer to separate their business and personal finances when it comes to risk. Also if your bank is not willing to consider a pure franchise loan on its new merit it is often difficult to establish a new relationship within a short period of time based on your funding and timing needs.

Other sources for your franchising loan needs. They include a small handful of specialized franchise lenders who again also focus on programs they have in place with major franchising chains. These loans can be complemented by financing for various other lenders including leasing companies, working capital providers, etc.

Not sure you want to be a ' stalker' when it comes to tracking down franchise financing lenders? One alternative is to 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 originating the best funding to start or continue your entrepreneur journey.


Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com




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

SR&ED Loan Financing In Canada : R&D Tax Credit Loans Work And Here’s Why

If You Haven’t Heard Of SR&ED Refundable Tax Credit Financing .. You Will !

OVERVIEW – Information on SR&ED loan financing in Canada. R&D tax credit loans provide cash flow and working capital funding for your SRED claim. Here is your why and how!

SR&ED loan financing is the funding of your Canadian sred r&d tax credit. It brings the uniquness of factoring, or invoice discounting as it is also called to the Canadian governments SR&ED Tax credit - which most business owners know is a non repayable cash grant for your firms research and development activities. And non repayable cash from the Canadian government is a good thing, right?!


Not all business owners and financial managers in Canada are aware of the total amount of funding that is going on this great Canadian program. Each year well over 10,000 firms participate in the program and the total cash from the government is approaching the 2 Billion dollar milestone.

If your company is private, does r&d around new products, processes, etc you probably qualify and you should be talking to your accountant or a qualified SR&ED preparation firm about getting your share of that almost 2 Billion dollars .


Once you have filed the claim why not take advantage of a great financial strategy to in effect 'monetize ' than claim into cash flow and working capital now. That is done via a form of factoring or discounting of your claim.

Claims are financed in the 70% range on what we can call a SRED loan to value process. That is to day that on successful factoring of your calim you receive immediately, on claim funding, approximately 70 cents on the dollar now for the value of your tax credit.
The entire same process also applies to film tax credit also, but that is a subject for another day, lets focus on the Canadian SRED tax credit only for our discussion purposes.

Many firms that inquire about sred financing often think their claim can’t be financed if the company is still in an early growth stage, but that is not the case. It certainly does help though, if you are an early stage company, that your claim is prepared by a knowledgeable SR&ED preparation firm, or if you have in fact filed previously and been successful via the government’s paper and technical audit. We've worked with many firms that are in effect still pre-revenue and very eligible for sred financing based on the nature, size and quality of the claim.

Would anything stop your claim from being financed? We can categorically state that one key ' deal breaker ‘is if your firm has tax arrears with Canada Revenue. However, the good news is that your claim can actually still be financed if you approve the direct payment to Canada Revenue of the tax arrears our of your SRED credit.

SR&ED factoring, or SRED financing generally takes 2-3 weeks to complete, and is quite frankly like any other business financing you would be entering into. So basic business principles apply - there is an application form, which is backed up by your SRED claim of course. The claim has to be filed and most Canadian business owners and financial managers know that the sred credit is filed when you file your annual tax return. In cases of your sred credit you can actually file for your tax credit non repayable grant for the last two fiscal years, so that’s a great bonus for the many firms we encounter that have just heard about the program . They have in effect just doubled the amount of cash they can claim and receive!

So what’s the bottom line of SR&ED Financing. It’s quite simple:

- The Canadian SR&ED TAX CREDIT is non repayable and one of Canada's great government business assistance programs

- You can finance your claim once it is filed - What wait 3-6 months or longer for your funds

Discover the benefits of factoring/ funding this receivable, and get the cash flow and working capital into your firm today for any worthwhile business purpose.

That’s a great Canadian alternative financing strategy! Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can help you monetize your claim.



Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com


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

Franchising Loan Search ? Solving The Franchise Funding Loans Challenge

How To Be Successful In Financing a Franchise In Canada

OVERVIEW – Information on accessing a franchise loan in Canada. Successful franchise funding loans come with certain requirements which are discussed

Franchising loan needs in Canada present a unique challenge for those entrepreneurs / business owners who require franchise funding loans to jump start their franchise acquisition. What are then the ingredients to the solution you need to acquire a business in this huge segment of the Canadian economy? Let's dig in.

Whether it's a large franchise or a smaller one some appropriate level of both personal investment and initial financing is required. Franchise loans are a very specializes segment of Canadian business financing. Although many franchisees are in fact experienced business people and have strong backgrounds in running a business it should be no secret that funding such an acquisition is always going to be somewhat of a challenge.

The players that finance franchises in Canada are limited to a small handful of participants - they include

Banks

Specialized Franchise Finance firms

Asset based lenders

In truth many franchises are in fact also financed by friends and family and the collateralizing of personal assets under such vehicles as home equity loans, collapsed savings, etc. Suffice to say that it should be the preference of all franchisees to secure the appropriate balance of personal equity and external debt. 100% owner personal financing of course doesn’t guarantee franchise success and also places personal assets at risk.

We mentioned Cdn chartered banks as a possible provider of franchise loans. In truth the banks focus on two areas of loans - one is utilizing the Govt of Canada Guaranteed Small Business Loan program - the other is their alliances with certain larger well known Cdn and U.S. franchisors (think golden arches as an example!). While those alliances don't necessarily fully guarantee loan approval there is certainly a high level of approvals given the brand success of certain well known and proven names.

Note also that in many cases franchises can become a partnership with 2 or more individuals. Let's just say in our experience in meeting clients who have entered into partnerships to purchase a franchise that we hope each party understands the strengths and character of their proposed partner! On the positive side having a partner you can work with also makes the personal investment requirement of buying and financing a franchise much more accessible - typically anywhere from 30-50% of the cost of the business tends to be financed by owners.


We would also add that recent changes to the Govt Small Business Loan, aka the ' SBL ‘, increased the loan amount available to 1 Million dollars.

What are banks and franchise specialty lenders looking for when it comes to loan and funding requirements for franchisees? The criteria frankly aren’t much more difficult than any other business loan:

Business experience

Reasonable personal credit history

A realistic business plan and cash flow forecast that reflects reasonable growth and profit projections

If you're focused on business success in the CANADIAN franchise industry seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you. Problem solved!





Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com

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

Acquisitions Financing In Canada : Your Business Finance Loan Strategy Awaits

New , Old & Powerful Ways To Buy And Finance A Business !

OVERVIEW – Information on acquisitions financing techniques in Canada. The type of business finance loan required to successfully buy a company varies with certain situations

Business financing sometimes presents an acquisition opportunity. How does acquisitions financing work when the opportunity arises, and what loan scenarios might match your needs. We're talking about the ' buy side '. Let's dig in.

Naturally the reasons to either purchase or merge into another company vary. Some of the most typical scenarios include growing sales faster (i.e. non organically), entering new geographies for sales revenue opportunities, different client or market segments, etc.

Some key basics quickly emerge for business owners/ financial mgrs when contemplating buying and financing another firm. Those basics?
They include, but are not limited to:

Determining proper value

Understanding financial strengths and weaknesses

Knowing the optimal amount of debt/equity that will make the transaction work

Knowing where to seek financing and what type of finance alternatives exist when you're buying a business

The seller in some cases can in fact be an important ally in closing a transaction. If they have the proper personal or financial incentives their ability to help structure a ' seller financing ' component to the transaction could be key to success. In some cases that might mean adjusting the purchase price higher, but that seller involvement can well mean a better chance of a more successful transition.

While the proverbial ' friends and family ' financing is certainly one alternative that has been used in the past most top experts will also warn against that scenario ; as well pledging personal assets is also high on the not desirable list!

Since receivables and growth in A/R are often a significant component of any growth strategy accounts receivable financing solutions such as debt factoring and asset based credit lines can play a key role in acquisitions financing.

'Small ' is of course a relative term, but don't forget to also consider the Govt Guaranteed SBL Small Business Loan when it comes to acquiring a business. That loan limit now is 1 Million dollars, but critical to note that it covers only two asset categories, equipment and leasehold improvements.

It is very safe to say that your acquisition plans should also include a well crafted business plan or cash flow analysis of the new or combined operation.

Careful study of your working capital and loans needs will also help identify the proper method to finance a purchase. Those other solutions to help finance your transaction are a combo of new, alternative, traditional and non traditional methods of Canadian business financing. They include:

Bank term loans/ operating lines of credit

Asset based bridge loans

Inventory Loans

PO Finance

Confidential receivables financing

Sale leasebacks

Commercial mortgage financing/refinance

Royalty Financing

Refundable tax credit finance ( sr&ed loans )

Unsecured cash flow/mezzanine finance loans

The ultimate choice in your acquisition finance strategy should include some level of analysis around your overall expected rate of return. Ultimately success in the acquisition will be demonstrated by your ability to manage, grown and improve value of the new or combined business.

If you're looking for the best acquisitions 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 business finance loan needs.



Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com


Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com


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

Financing A Business Purchase In Canada : Solving The Acquisition Loan Dilemma

How To Successfully Finance A Business Purchase In Canada

OVERVIEW – Information on financing a business purchase in Canada. Acquisition loan funding requires specific knowledge and expertise

Financing a business purchase in Canada presents the classic ' acquisition loan' dilemma. Acquiring your targeted company successfully requires some solid up front work and knowledge around valuation and finance. Where your funding comes from is key to a solid business purchase strategy. Let's dig in.

Of course smaller acquisitions can be accomplished potentially through your personal resources, up to and including collateralizing personal assets such as your home, etc. That is of course a potential slippery slope when it comes to mixing your business and personal finances. In essences the heart of the issue is the classic business conundrum - debt or equity... and how much debt!

But a large majority of clients we talk to are certainly very unclear around who might offer to finance your acquisition given current economic and business credit challenges.

It should go without mentioning (but we will anyway!) that a commercial lender or a bank will of course want to focus on your management and industry experience skills.

The Canada Govt Small Business loan is a solid vehicle to finance business purchases up to 1 Million dollars in value. This financing also works well for the franchise industry .It's important to note however that these loans only cover the financing of hard assets and equipment leaseholds. The ' SBL ' loan is not a line of credit of cash flow type loan. It's critical to understand that after your final acquisition finance loan is in place that other forms of finance should be considered including lines of credit, inventory finance, and potential growth financing.

A significant amount of time should be spent on understanding the receivables, inventory and equipment assets within your targeted acquisition. The turnover of A/R and inventory, coupled with the true value and use in fixed assets should be a key part of your initial investigation. These assets play a key role in any business financing, acquisition or otherwise.

In certain situations it might make sense for you the buyer and the seller to consider ' seller financing ' often called a ‘Vendor take back ' strategy. If this loan is properly documented and subordinated to your ' senior' lenders then that financing plays a key role in your overall finance package.

Actual financial solutions for your business purchase include:

Asset based loans

Unsecured cash flow loans

Business credit lines based on current assets - banks and non bank commercial finance companies offer this financing

Sale leaseback strategies

Govt Guaranteed Small Business Loans

If you're looking to solve the business purchase dilemma 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 acquisition needs.



Stan Prokop - founder of 7 Park Avenue Financial –


http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com


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

Balance Sheet Financing Ingredients: All Star Business Finance

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Who Else Wants Balance Sheet Financing ? !

OVERVIEW – Information on balance sheet financing in Canada. Business finance strategies revolve around understand who funding options are available on the balance sheet and info on who provides those solutions

Business financing in Canada will often require a hard look at balance sheet financing possibilities. That document is really a tool to uncover various financing possibilities. When the business owner/ financial mgr knows the power of unlocking and utilizing the balance sheet for finance alternatives a business advantage immediately emerges. Let's dig in.

Apparently it's not a perfect world so it's key to understand what will work and what doesn’t. By the way the ability to value your business in connection with a sale or merger also is a key benefit to understanding the balance sheet. You're then in a better position to benefit from ' all star ' financing alternatives from banks or non bank alternative lenders.

One key way to benefit from knowledge of the balance sheet is understanding that in numerous cases it has the ability to unlock hidden assets and collateral for financing purposes.

Some solid examples of this are utilizing SR&ED finance to monetize a SR ED receivable. The best option in our strategy of monetizing assets is the ability of your company to cash flow items that don't necessarily reflect their true value. That excess liquidation value is the key and is often part of a SALE LEASEBACK strategy. Here unencumbered fixed assets such as equipment or real estate are ' cash flowed ‘.

What does the balance sheet in fact signal to owner/mgr’s, and as importantly, lenders! In some cases that might be an element of risk but in our example it's simply a case of allowing you to understand what those ' BAY STREET ' folks

call ' capital structure'. Simply speaking that's the right amount of debt you can take on versus the amount of owner equity in the business.

Want a better understanding of how a commercial lender will look at your business? Certain basic liquidity ratios such as knowing your inventory turns, receivable turnover, etc allows you to improve your business and negotiate better financing.


It's always important though to understand that the true power of financial statements is the ability to also understand your income statement and how it interacts with the balance sheet.

Key financing solutions around balance sheet finance include:

A/R financing

Non bank asset based lines of credit

SR&ED Tax Credit Monetization

Sale Leaseback/ Equipment financing strategies

Term loans

Inventory Loans

If you're looking to benefit from financing strategies that are probably in use by your competitors seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your finance needs.




Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com


Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com

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