Business Finance In Canada : Do Your Debt Finance & Cash Flow Solutions Work ?

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Is Your Firm Just Surviving Without The Right Financial Solutions?

OVERVIEW – Information on business finance in Canada. Choosing the right debt financing and cash flow solutions for your companies helps guarantee business success

Business finance in Canada still relies a lot on the old days. If that's how owners and financial mgrs look at things these days they just might be surprised at the amount of debt financing and cash flow solutions available if you're aware of the criteria and how they work. Let's dig in.

Again going back to those old days the lending model for companies place a high reliance on your ability to prove cash flow as what our good bankers call ' primary source of repayment'.

The good news?

Many new techniques have emerged over the last number of years that allow your firm to access capital. It's a combination of new lending solutions combined with technologies and techniques that allow a lot more flexibility loan and cash flow solutions.

What we're talking about could well be described as ‘transactional lending' ; loans and cash flow monetization strategies that focus on your assets and less reliant on what traditional bank lending tends to be focused on . That focus historically has been ratios and covenants, debt load, gross margins, etc. Those are all important but any deviation in those will often lead to severe credit limitations on your firms borrowing ability.

Many smaller transactions , especially in the SME COMMERCIAL FINANCE space in fact utilize some quick ' credit scoring ' techniques that could quickly have your firm borrowing up to several hundred thousand dollars Bank borrowing traditionally has been based on ' relationships' with your bank and a fair amount of contact over time.

We never under emphasize with our clients the ongoing need to be able produce timely financial statement and asset reporting data, typically aged payables, receivables, inventory lists, etc.

It's critical to understand that most financing solutions should typically be matched to a direct need. A basic list of financing solutions available to almost every business includes:

A/R Financing/ Confidential receivable finance

Inventory Loans

Tax Credit Bridge Loans (Typically SR&ED)

Sale Leasebacks

Asset based business credit lines

Unsecured cash flow loans

Govt Guaranteed Small Business Loans (maximum to $ 1,000,000.00)

Equipment Leasing

When you can meet requirements for personal credit, collateral, and owner equity in the business bank financing offers the lowest financing cost with a strong amount of flexibility.

The ability of owners, mgrs, entrepreneurs to successfully address the limitations they face in financing their business will go a long way to long term financial success. 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 short and long term financial requirements.



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

Why A Business Credit Line Or Asset Based Loan Is A Key To Success In Your Company

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Not All Business Credit Line Solutions & Asset Based Loans Are Created Equal.

OVERVIEW – Information on the important of securing and being able to access a business credit line or asset based loan in Canada. Growing and Running Your Business with all the available financing you need is a ‘ key to success ‘

Business credit line needs in Canada call for either a bank facility or an asset based loan. Both of these solutions aren't equal in how they deliver, what they cost, and how they work. Understanding those issues helps the business owner plot a ' key to success' strategy that helps ensure business growth and survival. Let's dig in.

While both the bank credit line and the asset based loan are revolving facilities asset loans are more focused to the actual assets in your business.

All of your borrowing needs are often (not always, but often) tied to your sales revenues. As sales are generated receivables are collected (hopefully!) and paid off. For companies that sell products, as opposed to just services, inventories are often coupled into your borrowing needs. These two asset categories, A/R and inventory, form your current asset.

From the asset based lender or banker perspective these form your ' borrowing base ' on which you will draw down working capital cash flow needs. Asset based lenders lend more against your assets, and in turn they tend to monitor your a/r and inventories more closely - as those two assets are typically the prime collateral for your asset based loan.

While banks do require some ongoing reporting on your assets, typically monthly, sometimes only annually, they instead focus on your operating characteristics of profit, cash flow, debt load, and character and personal collateral of owners. (Many banks are challenged by the ability to both understand and monitor inventories - while asset lenders have developed experience in numerous industries and inventory types.

What's my rate? That's the ongoing battle cry of business owners and financial mgrs when they consider line of credit needs and benchmark the offerings of their bank or asset based lender. While your borrowing capacity can often double or triple in asset based revolving facilities they do come at a higher cost.

Conventional bank financing is cheaper, but more challenging to be approved for. An interesting note is that in recent times, due in part to general competitiveness and the low rate environment asset loans have in fact dropped in overall cost.

Start up, fast growing, as well as financially challenged companies are prime candidates for asset based lines of credit. They have limited or challenged cash flow generation performance, but require rapid access to cash flow and working capital. The conservative financial position as demanded by banks focuses on ratios, cash flow, debt to equity relationships, and owner guarantees.

It's important to note that many, shall we call them ' subsets’, of asset based loans can help deliver liquidity to your business. They include:

Factoring/Confidential A/R financing

Inventory loans

Bridge loans

Sale leaseback strategies

P O Financing

SR&ED Cash flow loans

If you're focused on ' keys to success ' in your working capital and cash flow needs seek out 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 –
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.

Business Financing For Term Loans & Line Of Credit : Inside The World Of SME Finance Choices For Canadian Business Owners

Whatever Happened To Good Old Fashioned Business Financing Choices For Your Company? We Think We Know

OVERVIEW – Information on business financing in Canada. Whether it’s term loans or a revolving line of credit the choices for owners and financial managers are numerous

Business financing choices for term loans or a line of credit often seem like huge hurdles when it comes to funding accessibility for owners/financial mgrs. They will often lament the lack of choices in cash flow and capital solutions. Our thoughts? In fact you probably have more choices today than you ever did for your cash needs! Let's dig in.

Is there ever a time when a company doesn’t need funds. Whether it's acquiring new assets, considering expansion into new markets or products, or simply paying daily operating expenses there’s always a need for financing solutions.

Your timeframe of reference is critical to assessing and acquiring your financing solutions. Typical timeframes are of course ' short term' for daily needs such as a line of credit, or ' long term ' as it relates to capital assets or investments in R&D. In the long term you might be considering simply refinancing your current business is funded - that perpetual mix of owner equity and debt - and the right combination of those two.

In the middle there are often' bridge loan' needs for a variety of circumstances. These solutions can fill the gap that comes from the dynamic changes in your business.

From small business perspective, many firms are in start up or early stages, The Govt of Canada has one of the best programs that thousands of firms utilize every year. This loan is now up to $1,000,000.00 in loan cap, provides a govt guarantee to your bank for 90% of your loan , and comes with great rates and flexibility that even some more traditional forms of financing can't deliver on , i.e. no penalty pre-payment, longer terms, etc.

As we've stated, there is a ' new normal ' in Canadian business financing. That new normal includes the rise of numerous alternative finance solutions. Those combined with traditional bank financing offer a large slate of funding solutions.

Looking for a simple list of business financing solutions available to your firm? Here they are!

A/R Financing/ Invoice Factoring/ Confidential Receivable Financing

Inventory Loans

Bank credit lines

Non bank asset based revolving credit lines

Govt Guaranteed Business Loans

Tax Credit Financing (SR&ED / FILM)

P O / Contract Financing

Equipment Financing

Unsecured cash flow loans/ Mezzanine financing

Franchise Loans

Sale Leasebacks

Royalty Financing

This broad range of financing solutions allows your firm to grow, hire people, and become key players in their industry.


To implement any financial solution you need to understand where your ' financing gaps' are and which solutions will work when it comes to either taking on debt or simply monetizing your assets to the maximum , while still employing prudent leverage.

Are you aware of all your financing choices? If not seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your loan and line of credit needs.

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 : Ready To Step Insider The World Of Business Financing Options

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How To Get What You Want In Canadian Business Financing

OVERVIEW – Information on business financing options in Canada. Many alternative finance options , loans, and cash flow solutions are available to the owner/financial mgr. When traditional funding and capital needs can't solve the challenge it's time to look at alternate solutions

Business financing opportunities and solutions don't always provide owners & financial mgrs with the capital they are looking for. We're stepping inside the world of business financing options with the focus on ... getting what you need and want! Let’s dig in.


The most sought after funding solutions for business are often traditional Canadian chartered bank solutions. Many 'SME's' ( small and medium enterprise ' firms often require some form of term debt, aka ' loans' to help set up early needs in investment requirements.

But wait! There's a challenge, which should come as no surprise to most entrepreneurs, which is that Canadian banking cannot always fill the bill when it comes to those immediate needs. The reason? Bank financing is often best suited for firms that are later in their growth cycle. Companies that have dynamic needs and who are fast growing present more of a risk to the banking sector.

That's therefore the ' gap ' we often are talking about with our clients - the ability to find loans and cash flow solutions that can fill your growth needs during times where cash flow and profits might be a bit more erratic . In some cases it's simply the need to seize the ability to take on a large contract or fulfill and order. That's even more pronounced when it comes to firms that are pure start ups, or service and tech type firms that might have services to offer instead of products.

The irony that's not lost on most business folks is that it's the SME sector that in fact drives the economy when it comes to employment and economic growth.

So, we're discussed the problem. How about the solution? Many forms of innovative funding can be found in numerous ' alternative financing 'solutions available to Canadian business. These include:

A/R FINANCING / FACTORING/ CONFIDENTIAL RECEIVABLE FINANCING

INVENTORY LOANS

FLOOR PLANNING FACILITIES

WORKING CAPITAL TERM LOANS

SR&ED TAX CREDIT BRIDGE LOANS

EQUIPMENT FINANCING/ SALE LEASEBACKS

NON BANK ASSET BASED REVOLVING LINES OF CREDIT


These solutions can be used to grow your business, acquire a business, or to change their overall capital structure, often giving you the ability to de-emphasize ' debt ' with more of a focus on cash flow financing.

If you're ready to step inside the world of Canadian business financing options available to your firm seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you ' get what you want '!



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 Financing ? Check Out The Bank Credit Line Alternative

The Bank Credit Line Versus Asset Based Financing Credit Facility Alternative

OVERVIEW – Information on asset based lending in Canada. How does a bank credit line facility differ from the ABL asset financing alternative

Asset based financing alternative solutions for Canadian business offers many reasons for owners/financial mgrs to consider a bank credit line alternative. We're discussing some of those reasons. Let's dig in.

The ability to borrow the maximum you can under an asset based credit facility is a key part of the attractiveness of ' ABL ‘loans - in particular the revolving line of credit option. Those selected assets include almost always: Receivables, Inventory and Fixed Assets.

Note also that potentially you can include real estate and in some cases even your intellectual property if either of those applies to your company. Those latter two are more rare additions to your borrowing, but they are there.

The best way we describe asset based credit line loans is simply that they bundle your assets into borrowing power, with less emphasis on the overall credit quality that our banks focus on as it pertains to balance sheet quality, cash flow, and profit/loss history.

ABL loans are offered by commercial lenders who in some cases even have significant expertise in your industry as it's been their niche. But at the end of the day every asset based lender focuses on the overall asset evaluation and the ability of you to report on regular basis those assets. That is often easily accomplished by reports that include aged receivables, aged payables, inventory lists, etc. We suggest to clients that if you can't supply those basics you probably have other problems!!

Asset based credit lines also distinguish themselves via ' flexibility ' - It's all about providing a finance solution that is focused on any complexity in your business and industry.

Remember also that another key difference here is that whole bank credit facilities from our Chartered banks tend to offer fixed upper limits and are reviewed almost always on an annual basis. ABL credit lines can easily fluctuate with your sales levels, with increases in borrowing power most often easily accomplished as seasonality and sales bulges occur in your business. Many firms gravitate to asset based lending lines for the sole reason that is allows them to take on larger business, new contracts, etc.

Thousands of firms are checking into the asset based financing alternative - it's about flexibility, specialization, and increased liquidity.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your borrowing 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 Finance Solutions In Canada: Financing Via Business Loans That Make Sense !

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Business Finance Challenges ? Now What ? Asset Based Finance Comes To The Rescue

OVERVIEW – Information on asset based finance solutions in the Canadian financing landscape. Do these business loans make search for your company ?

Asset based finance has the ability to remove many of the challenges faced by business owners and financial mgrs in Canada. Let's dig in.

Most top experts in Canadian business financing consider asset based lending a different form of funding your company - the other end of the spectrum being traditional bank financing. How is it different? Simply because the entire focus is pretty well on specific assets that essentially give you big time borrowing power against 4 asset categories , either one of those or in combination.

The asset categories?

A/R
Inventory
Fixed assets/equipt
Real estate

Depending on what business and industry your firm is in you're either top heavy in one or more of those categories, or perhaps not at all.

What then is the key benefit to asset based finance business loans and financing solutions? To put it simply:

FASTER ACCESS TO CASH!

Traditional financing forces you to address key issues such as what your balance sheet looks like, as well as focusing on historical, present and future cash flow/projections. Your company may not necessarily have what it takes there, or in some cases you're newer in business or even a start up.

A lot of companies that utilize asset based ' ABL ' lending solutions in Canada have a lot of seasonality or ' bulges' in their business cash flow needs. The ability to therefore rely on your ongoing asset base really helps smooth out those bulges!

While personal guarantees are almost always an issue for the business owner we can say that this type of guarantee, considered ' valuable ' or a ' must ' in banking circles has much smaller, or no emphasis in asset based lending . Additionally true asset based finance deals are pure asset monetization.

1. They bring no term debt to the balance sheet
2. There is no equity give up

We do need to mention though that while some consider ABL cash flow solutions as their ' holy grail ' in business cash flow financing you must be able to properly report on assets or be willing to go thru some form of appraisal process when it comes to adding inventories, fixed assets, or real estate to your credit line borrowing mix . From the commercial non bank lenders perspective they are relying heavily on the true marketability of your company asset base

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 cash flow and 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

Business Financing In Canada. Tracking The Success & Rise of Asset Finance And Other Types Of Fintech Loans

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Looking For Some Hot Tips On Canadian SME Commercial Finance Options ?

Beefing Up Your Co Business Financing Solutions Availability

OVERVIEW – Information on business financing in Canada. Traditional bank financing can’t always supply the capital needed . Asset finance and other ‘ fintech ‘ loans provide the capital for growing businesses

Business financing challenges in Canada require the owner/financial mgr to be constantly on the alert for finance and funding options that ' beef up ' your firms ability to successfully run and grow the company. Let's dig in.

Asset finance options are a common tool to get your funding and capital going. Why? Simply because in times gone by companies in the SME sector didn’t necessarily, because mainly of their size, have the options available to them that they do today.

That's the essence of the current ' fintech' revolution in Canada - allowing many commercial finance firms to be the bank alternative. We never fail to mention though that if your firm does qualify for bank financing the current environment provides a lot of capital at low rates with maximum flexibility.

There are of course equity, or quasi equity related forms of financing, but we're often the first to point out that they are for the smallest per cent age of businesses in Canada. Those options, should you wish to check them out include convertible debt, securitization, Crowd funding, Peer to Peer funding, angel investments, private equity, etc.

The key take away here is that in some limited cases a capital equity injection might make sense. Most often they don't though as many firm can't demonstrate the earning power, market position, and financial reporting consistency that is required in these forms of funding.

Although many business people are against the concept of govt intervention in business we're also the first to say ' feel free to intervene' when it comes to 2 great Govt financing programs in Canada. The CSBFL program provides govt guaranteed loans up to $ 1,000,000.00 if your firm requires financing for new assets of equipment leasehold improvements.

Additionally the Canadian SR&ED program refunds billions annually to thousands of firms who apply to recapture their R&D capital investment. Key Point: SR&ED refundable tax credits can also be financed while you're waiting for your refund.

We often ' preach ' to clients the importance of understanding the specific stages of your life cycle in your company , and understanding the risk and opportunities that come from more leverage via a business loan .

Where did all these somewhat newer financing alternatives come from? We're talking about:

A/R Financing / Confidential Receivable Factoring

Inventory Loans

Franchise Loans

Tax Credit Financing

Asset based non bank lines of credit

PO Financing

Royalty financing

Sale leasebacks

Working capital term loans

Merchant cash advance loans

The answer seems to always come back to the 2008 global financial crisis and the fact that many banks and insurance companies who traditionally funded businesses simply withdrew from many business finance market segments. Enter the Fintech revolution!

Traditional bank lending and loan criteria pose a problem to many firms because they can't satisfy some or all of the banks criteria. High growth firms, ironically, are often punished by bank lending criteria as profits and cash flow targets are tougher to pin down.

If you're focused on addressing the business financing options you have available today and in the future seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and debt 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