Business Financing In Canada : Avoiding Bad Decisions In Your Asset Finance & Loan Search

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On A Scale Of 1-10 How’s Your Business Financing Doing ?

OVERVIEW – Information on business financing in Canada . Asset finance and loan solutions can more effectively be accessed with a solid understanding of your balance sheet

Business financing in Canada , even when you're wildly profitable is always still a challenge for owners/financial mgrs. On that scale of 1-10 how comfortable are you that your firm has access and knowledge to the best financing solutions? Let's dig in.

‘Cash flow is tight ' is the common term we hear when we talk to customers struggling with their sales goals. Ironically, as we've hinted it even gets tighter when sales and profits are strong. ( Spoiler alert - that's because you're building current assets such as receivables and inventories as well as acquiring new assets and technology )

Sometimes it's almost as if there's a ' leak' in your funds as the owner/financial mgr struggles to put financing in place. The clues are often in your financial statements, but sometimes difficult to pin down for some.

Those cash flow and working capital shortages can put a huge strain on the business - often straining relationships with suppliers and lenders such as your bank.

It sometimes makes a lot of sense to get a third party outside opinion on your current financial position. That's when unlocking valuable business finance techniques can really pay off to cover off short term and intermediate funding needs.

It's no secret that a major focus of business is to increase sales. As important though is the need to ensure you understand what in fact is happening to your overall cash flow. What we're really talking about is your ' operating cash flow ' and what ' drivers ' are in fact increasing or decreasing that cash.

In many cases it's always best to use longer term financing for acquiring new assets and technology. By the way, even business software can be financed! Your overall profit situation as well as your profit margins will often help drive what financing your firm is eligible for.

Also the types of assets your firm carries on the balance sheet and understanding their size and quality will often also drive finance solutions you need are eligible for.

Assets that can be monetized include:

Receivables

Inventory

Equipment

Tax Credits

Purchase Orders

Solutions such as A/R financing, inventory loans, equipment leasing, sale leasebacks, and SR&ED tax credits can all be ' cash flowed' into immediate liquidity. By the way these solutions tend to be ' non bank ' in nature and predominantly available through commercial finance companies or alternative lenders.

Newer businesses are often eligible for the Government of Canada Small Business Loan (new loan maximum is $ 1,000, 000.00).

If you want to avoid making ' bad decisions' in the financing of your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your capital and cash flow needs.


Stan Prokop - founder of 7 Park Avenue Financial –
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

Business Financing In Canada : Solid Tips On Cash Flow Finance & Company Finance Strategies & Solutions

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Looking to Enhance The Power Of Business Financing ?

OVERVIEW – Information on business financing in Canada. Numerous debt and cash flow solutions are available for your company finance strategy

Business financing in Canada probably can deliver on more options that most owners/financial mgrs might be aware of. The truth is some of these options are ' external ' and some might be surprisingly ' internal ‘. Let's dig in.

Taking on some business debt, or monetizing/cash flowing assets you already have (receivables/ inventory/ equipment) is the alternative to bringing more equity into your company. Yes, you don't have to repay equity but to the current ownership is simply a devaluation of what is currently a growing asset - your business! So while equity and new share capital is not selling all of your business, you're certainly selling a part of it.

That brings us back to external business financing solutions, which of course have a cost and risk to some degree. A preferred solution for many companies is the business revolving line of credit. That comes from one of two sources - A Canadian chartered bank, or alternatively a commercial finance company that is independent and unregulated as the banks are.

Those two types of credit line both give you liquidity and don’t add additional debt to your balance sheet. If managed and accessed properly those credit facilities grow as does your sales and asset base.

How can the owner/financial mgr increase cash flow ' internally '? The most obvious manner should be to accelerate your receivable collections. By the way, either the bank or commercial finance company will always be more impressed if your A/R is in good shape!

Don't forget also that you can bring in cash by postponing cash... outflows! How do you do that? Simply by managing payables more effectively, using long term asset acquisition strategies such as equipment leasing to acquire new assets, technology, software, etc.

Inventory is often a large component of many a firms overall asset base - certainly in the case of retailers. They can almost always be included in business credit lines as part of your overall financing strategy, but inventories can also be financed via inventory loans, and also as part of a purchase order financing solution.

Types of term debt and cash flow solutions available to your firm might include:

A/R financing

Revolving credit lines

Govt Small Business Guaranteed Loans

Royalty Financing

Unsecured cash flow loans

SR ED tax credit financing

Sale leasebacks

To ensure you're harnessing the true power of business financing seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and long term asset financing needs.



Stan Prokop - founder of 7 Park Avenue Financial –

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

Asset Financing Strategies In Canada : Understanding Equipment Leasing For Your Equipment Financing Requirements

Want To Stop Chasing Asset Financing Solutions ? Here's How !

Information on equipment leasing in Canada. Proper asset financing strategies are a key part of financing equipment and technology needs in Canada

Lease Financing – Canada continues to view this option as a major source of capital expenditure financing in Canada financing in Canada. More and more companies are gravitating to leasing as an effective financing option for their equipment needs.

Canadian business owners and financial managers need to be aware of the types of lease financing out in the marketplace, with respect to documentation, rate, term and structure, and of course, most importantly, approval .

The term for most leases in Canada, based on our firms experience tends to be between thee and five years. With respect to what asset type can be leased, probably the better questions is to ask ‘what can’t I lease ‘? That’s is because almost every type of asset can be lease financed. Leasing firms do like to focus on equipment and assets that are ‘revenue producing ‘in nature – i.e. those assets that will generate sales and profits for your firm – that’s because the lease is of course paid from the cash flow out of those profits and sales.

Many business owners do not, unfortunately, have a solid understanding of what types of leases they can enter into. Doing your basic homework in this area will save you potentially thousand of dollars over the term of the lease, based on estimated asset values and the type of lease you enter into. (There are two types – capital and operating).

When we ask business owners and financial managers why they lease more often that not the answer comes back relating to preservation of capital. In today’s difficult financing market Canadian forms want to preserve cash and credit lines for other basic business needs.

Other firms are very focus on how the optics of the lease will affect their balance sheet – many larger firms focus solely on operating leases, where the asset remains off their balance sheet as debt, and the payments are reflected as an operating expense. When debt to equity ratios and cash flow coverage ratios are important to your firm, your bank, or your shareholders then leasing via an operating lease becomes a very effective financing tool.

Leasing tends to be ‘fixed rate’ financing. Given today’s relatively low interest rate environment it of course makes a fair bit of sense to lock into a good low rate for the next three to five years.

There isn’t a day goes by when we don’t hear of in the radio or the financial press concerns about inflation. When costs go up in an inflationary environment the business owner takes solace that his lease payments are fixed and at a respectable rate.

We spoke previously of capital conservation – more often than not leasing is 100% financing – on occasion a customer may be required to provide a first, or first and last payment, and sometimes a down payment, but in general business view leasing as 100% financing. That’s a good thing relative to cash flow management.

When we talk to business owners about leasing we frequently use the term ‘options ‘. That is because leasing lets you have a final vote in your capital expenditure financing. Properly structured leases allow you to return equipment, buy it out at end of lease, or extend the term of your lease if you feel the equipment will be used for another specific period of time. Many lessors will even allow you to go ‘month to month ‘.

Naturally in today’s competitive environment it makes sense to stay ahead of technology whether that is computers or plant equipment or rolling stock. Leasing allows owners to use the asset and ensure that you have access to newer assets if your firm needs them – upgrades are very common in lease financing in Canada.

We spoke of ‘approval ‘previously .Since most lease financing is done outside of the banks in Canada independent finance companies focused on lease financing work hard to generate an approval for your asset financing. Typically a lease finance approval can be obtained in a week or so as long as you have the required information, which is generally an asset description of quote, and the basic financial information on your company, i.e. your financial statements.

Investigate the benefits of leasing by talking to an experienced and credible advisor who can ensure your firm is maximizing those lease finance benefits! Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your asset finance needs.




Stan Prokop - founder of 7 Park Avenue Financial –
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

Asset Based Lending Leads The Canadian Business Financing Revolution: Tailored Loans

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Is Asset Based Lending The New Stealth Financing Your Competitors Haven’t Figured Out ?

OVERVIEW – Information on asset based lending in Canada. ABL loans are tailor made business financing solutions for firms in all industries

Asset based lending is really business financing that's tailored to the needs of thousands of Canadian businesses. Perhaps yours? We're examining how these loans are helping thousands of firms gain the working capital and cash flow they need to both survive and grow their company. Let's dig in.

It's not necessarily the economy that drives firms to search for alternative financing. The reality is that its creative financing options that provide business with loans that really service the flexibility that companies need to beat their competition.

In fact we could maintain hat asset based loans are a type of ' stealth' financing, providing seamless capital as your company grows and builds it assets and sales.

Asset based lenders compete with banks who traditionally and almost always provide the lowest cost of capital in loans such as credit lines and term lending. Good news for borrowers utilizing asset based loans is that those rates have also come down due to the competition in the Canadian business financing landscape.

Asset based non bank business credit lines are often a solution when your firm’s balance sheet requires more equity. It's that equity that’s desired by Canadian banks who view your balance sheet as requiring more owner equity prior to being approved for traditional bank financing.

Asset based lenders are very aggressive on financing your assets and sales. As we have said, the ABL lender has formulas that drive maximum cash flow and capital from your balance sheet and sales revenues. (Sales revenues translate into commercial accounts receivable - which is one of the bedrock financing solutions offered by ABL credit).

It's interesting to note that asset loans tend to be utilized by firms that have good fundamentals to the opposite extreme - firms that are experiencing a temporary downturn in their finances. Firms that have realized they need ' turnaround ' financing are great candidates for asset based business credit lines and equipment loans.

Many business folks also don't realize that asset based lending is in fact a great way to help engineer an acquisition or management buyout.
At the end of the day it's simply financing that will fluctuate based upon your specific borrowing needs. In some cases it’s simply refinancing your capital needs under better terms.

We're often asked what are minimum and maximum amounts under asset based credit lines and term loans. While there really is no upper limit on any borrowing in asset lending typically smaller deals tend to be in the 250k+ range. Asset based lenders are not regulated like the banks, so comprehensive lending solutions abound in the Canadian marketplace.

Typical Asset financing solutions include one, or a combination of all:

Non bank business credit lines
Term loans
Equipment loans
PO Financing
A/R Financing

If you want to have the competition talking about your financing capability seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can assist you with your funding needs.


Stan Prokop - founder of 7 Park Avenue Financial –
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

Startup New Business Financing In Canada : Sourcing The Business Finance Solution That Works For You

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Looking To Figure Out Startup New Business Financing In Canada?

OVERVIEW – Information on startup business finance solutions in Canada. New business financing requires expert knowledge of solutions available and how they work

New business financing in Canada requires the owner/owners to understand the risk and opportunities in startup challenges. Business finance is all about the risk in balancing starting and growing a company .Let's dig in.

A major consideration in financing a new company is the delicate balance between debt borrowed as well as ownership equity in the business. Your ability to leverage the company properly is the true goal - not missing opportunities as well as not risking default.

The bad news is there is no perfect answer relative the right combo of external financing and owner investment. Early stage companies need to realize that only certain forms of capital financing are available to the business. Safe to say that larger and more established companies have a variety of additional business finance solutions available.

What are the funding sources available for earlier stage businesses? The life cycle of a new business has different cash needs - it's all about determining the minimum amount of capital you need and what alterative structures might be available as opposed to traditional bank financing.

Let's recap typical sources of new business financing in Canada. They include:

A/R Financing/factoring

Inventory loans

Equipment finance

Short Term Working Capital loans

Non bank business lines of revolving credit

Govt Guaranteed Small Business Loans

Tax Credit Financing

As you may have figured out it's really all about determining what stage you company is in, as well as having a good handle on industry characteristics.

Naturally business owners are focused on less expensive capital, notwithstanding the fact that many forms of capital will always be more costly than traditional bank financing or equity finance alternatives. Your ability to demonstrate some good growth, profit margins and an experienced ownership/mgmt team will go a long way to reducing certain startup new business financing costs and rates.

Planning in advance never hurts, issues such as a good business plan, cash flow forecast and mgmt overview are key getting the right financing before you may necessarily need it.

Also, separating long term asset and finance needs from short term working capital and cash flow solutions will demonstrate a proper ' matching ' of sources and uses of funds. The best example of a poor financing strategy is to use short term funds to finance long term assets - example: using a line of credit to fund a capital / equipment purchase.

Proper mgmt of business and personal collateral is key to also managing future financings. Quite often a combination of different funding and capital financings are the best solution for a new business. Proper use of guarantees and asset lines is key in the early stages of a company.

If you're focused on the best type of financing for a new or early stage business seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your start up and growth needs.


Stan Prokop - founder of 7 Park Avenue Financial –
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

Business Credit Facilities In Canada : Why Revolving Loans Work For Your Company

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Can Proper Business Financing Solutions Bring Your Firm Back On The Grid ?

OVERVIEW – Information on revolving loans and business credit facilities in Canadian Business Financing

Business credit facilities in Canada increase your firm’s ability to access the cash flow and working capital you need to run and grow your business. At the same time the challenge of accessing these revolving loans has many firms feeling as if they are temporarily ' off the grid ' when it comes to business financing needs. Let's dig in.

When firms are ' off the grid ' they are financing themselves successfully - they are business finance ' self sufficient '. What then are the qualifications your company needs to access business credit lines, and are there choices?

Revolving loans always come down to borrower assets. This type of loan is either offered by a Canadian chartered bank, as well as independent commercial finance companies.

The two asset categories primarily driving your ability to access a business credit line are accounts receivable and inventories. While these two ' current assets' on your balance sheet can be financed separately they are best combined in either a bank credit line or commercial asset based line of credit.

Companies can in a way almost pre-determine their qualified credit line borrowing amount. That's because both the banks and commercial finance firms lend between 75-90% against receivables and specific per cent ages against inventory. While not all companies carry inventory these days it's important to note for those that do the actual quality and marketability of the inventory plays a key role in assigning a borrowing per cent age .

Companies who do best in accessing business credit lines from banks or finance companies typically demonstrate that they can ' turn over' assets - specifically collect their receivables and generate inventory turns. That type of positive operating performance distinguishes many firms who successfully can access revolving business credit facilities.

Rates and financing costs associated with revolving loans vary. While the lowest cost and flexibility is associated with banks the non bank commercial asset based financing industry can almost always address the needs of borrowers with assets, albeit at a higher cost.

In today’s competitive financing market many ' niche ' subsets of business credit facilities exist. These potential alternate solutions include:

P O Financing
Tax Credit Finance
Letters of Credit
Royalty Financing

If your firm wants to get ' back on the grid ' when it comes to commercial borrowing needs seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help your firm identify best financing solutions .


Stan Prokop - founder of 7 Park Avenue Financial –
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