WELCOME !

Thanks for dropping in for some hopefully great business info and on occasion some hopefully not too sarcastic comments on the state of Business Financing in Canada and what we are doing about it !

In 2004 I founded 7 PARK AVENUE FINANCIAL. At that time I had spent all my working life, at that time - Over 30 years in Commercial credit and lending and Canadian business financing. I believe the commercial lending landscape has drastically changed in Canada. I believe a void exists for business owners and finance managers for companies, large and small who want service, creativity, and alternatives.

Every day we strive to consistently deliver business financing that you feel meets the needs of your business. If you believe as we do that financing solutions and alternatives exist for your firm we want to talk to you. Our purpose is simple: we want to deliver the best business finance solutions for your company.



Wednesday, May 3, 2017

Business Finance & Loans Wellness : Sourcing The Cash Flow & Working Capital Solutions You Need






Looking For Real World Canadian Business Financing? We’ve Got It !









OVERVIEW – Information on cash working capital solutions and alternatives for Canadian Business . There are alternatives for cash flow loans and finance needs for growth and profits





Cash flow finance & working capital loans are rarely in the ' front page news - read all about it!' category. Yet when your business seems to be ' revving up ‘Canadian business owners & financial mgrs are truly looking for some of those ' real world ' business financing solutions. Let's dig in.

As we've said before there might be something wrong with our plumbing because our client's taps don't seem to be flowing with cash flow and working capital offers!

Lets looks at what we consider a real world look at some business financing and lending issues around cash working capital and cash flow loans and finance for Canada's small and medium businesses .
If there is any good news today it’s that there are in fact a whole new relatively new slew of business financing and cash flow solutions.

No secret that Canadian chartered banks have the lowest cost of funds as well as the best rates and terms for business financing - it’s just that on occasion you can’t get the funding you need based on bank criteria!
We have nothing, by the way, against those bank criteria, because they're lending out our hard earned savings to your business. But the hard core reality is that bank financing and looser financing restrictions rarely come together to mean the same thing.

In fact many of our clients we talk to are looking for alternative solutions to cash working capital challenges. And they are pleasantly surprised to hear from us that some of those solutions, although they have never heard of them exist, and in fact are becoming more mainstream

So can we share some of those ' secret ' solutions that are available to you today? Heard of C I D, or ABL, or even financing your tax credits? Those solutions are available to Canadian business today. C I D is confidential invoice discounting, and ABL is asset based lending. We strong feel that ABL is the wave of the future when it comes to cash flow loans and finance for Canadian business.

Where else in the world can you get working capital funding for inventory, A/R, and even cash flow margining of your unencumbered equipment. Nowhere else, we can assure you of that.

There are new alternative solutions to the funding of working capital. Business owners & mgrs looking for alternative financing solutions also have the ability to access:

Equipment Financing

Sale Leasebacks

Govt Guaranteed Small Business Loans - (to max 1 Million $)

A/R financing/ Confidential Receivable Finance

Working capital term loans

SR&ED Tax Credit Bridge Loans

Short term working capital advances


So who in fact can provide you with the best information on cash working capital solutions? You could try your bartender or barber or hair stylist, but quite frankly why not consider an expert instead!

Seek and speak to a trusted, credible and experienced Canadian business financing advisor who can ensure cash flow loans and finance solutions that make sense are available to your firm.

7 Park Avenue Financial :


http://www.7parkavenuefinancial.com


Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations .



7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email
= sprokop@7parkavenuefinancial.com


'

Canadian Business Financing With The Intelligent Use Of Experience '


ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.





Tuesday, May 2, 2017

Equipment Leasing In Canada : How To Not Give Up On Business Leasing Challenge For New Assets







The Key To Improving Asset Acquisition Success For Your Business ? It’s Equipment Lease Finance!


OVERVIEW – Information on equipment financing in Canada and reasons why leasing for business makes sense from a viewpoint of cash flow management , quick approvals, and other financial benefits




Equipment financing in Canada should revolve around getting the facts for business leasing needs. Business owners and financial mgrs want the reasons, and the facts around getting new assets for their businesses. Leasing has never been more popular. Let's dig in.

We're examining the reasons and facts to ensure you are well informed when you are looking to acquire capital assets for your business. By the way , capital assets sure is a broad term, because it covers technology , plant equipment, business equipment, rolling stock, even your corporate jet .. (We know ' you wish ...').

So why are hundreds of millions of dollars, probably billions of dollars leased in Canada every year under an equipment financing strategy? It all comes down to a common saying among leasing people, which is simply:

You generate profits and sales by using assets, not owning or paying outright for them!

The good news about leasing for business is that the key word is flexibility - credit approvals are more flexible, cash flows can easily be structured to meet your needs, and various balance sheet and tax benefits accrue to companies who lease.
We find in talking to clients looking for innovative lease financing options that we can talk all we want about off balance sheet, tax benefits, depreciation strategies, etc - but, at the end of the day they are simply concerned with getting credit approval and conserving cash.

The alternative might be to acquire assets via your bank lines or term loans from you bank - but that can potentially pose problems down the road.

When we talk to companies that are using effective equipment financing strategies we find, more often than not, that they are simply ahead of their competition in innovative assets that drive revenues and profits. That's simply of course because there is no huge outlay of capital when acquiring these assets, which more likely than not are depreciating anyway.

Don't forget also that taxes are paid as part of your monthly installment when are leasing for business assets - a classic working capital conservation strategy. The bottom line is that your firm can grow when you have the ability to conserve cash flow and use it for operating needs and further re investment.

So who do you choose when looking for a leasing partner? That too is a huge challenge. There are hundreds of firms, many are in fact not Canadian, and all firms have different credit, deal size, and interest rate policies related to how transactions are structured.

If you are looking for a quick way to navigate the entire equipment financing marketplace in Canada speak to a trusted, credible and experienced Canadian business financing advisor who will assist you in completing a transaction that makes sense and achieves the approval and benefits your firm is looking for.


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



7 Park Avenue Financial

South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8


Direct Line = 416 319 5769

Office = 905 829 2653




Email
= sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '


ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Monday, May 1, 2017

Asset Based Lending In Canada : Heard About Canada’s Newest Business Line Of Credit Solution ?










Keep Your Company Moving With An Asset Based Lending Operating Line Of Credit - Your Competitors Do !



OVERVIEW – Information on asset based lending as Canada’s newest form of business lending via an operating line of credit . Why this solution works for your firm





Asset based lending in Canada. Every business keeps an eye on its competitors - that's what business is about. You've been watching those competitors and it's quite disturbing .So what does the competition know about this new type of business operating line of credit? Let's dig in.

Ever wondered by some of your competition out there seems to be enjoying what seems like unlimited cash flow for their sales and growth and expansion.

We think we know the reason why, and it’s called asset based lending - 'ABL' for short .This type of business financing, relatively speaking is new to Canada and supercharges cash flow and liquidity.


Naturally our clients, being the conservative types they are wonder aloud about several key issues, as in:

What are the qualifications for this type of financing?

What is the min and max deal size - Spoiler alert - there's no max, but there's a min!

What are some of the costs of this type of financing?


Let's cover those issues off in an effort to ensure you understand the power of asset based lending and why this type of operating line of credit could be your savior in business financing.

Qualifications? Just one - Business assets! Otherwise asset based lending doesn't work. The asset based line of credit competes with the operating line of credit offered by Canadian chartered banks. It is provided by non bank institutions that are specialized in asset based lending.

But what about banks, ask our clients? Banks are specialized in financial statements! What we mean by that of course is simply that charted bank business lines of credit in Canada focus on overall financial statement quality - the key underpinnings are solid financial statements reflecting profit, equity, liquidity, and overall solid cash flow. It's great business credit, if you can get it.

On the other hand the asset based lender only wants to know one thing - well two actually, do you have assets and are they managed well. What are those assets - they tend to be receivables, inventory, and in some cases equipment and real estate.

These assets mentioned above secured an operating line of credit which is margined on a regular basis. What interests our clients is of course the margining of those assets, and asset based lending does that very well.

So how much can you borrow / draw down? Typical structures are 90% of receivables, 50-75% advances on inventory (yes you heard us correctly) and working capital financing provided on the appraised value of hard assets that are unencumbered - i.e. the real estate and equipment if you have them and need financing for them.

Facility sizes for asset based lending tend to start at 250k and above - otherwise the facility , if under that amount, tends to be a receivable financing facility , which by the way works quite nicely also . There really is no maximum amt you can borrow as long as your business assets back up the drawdown.

Circling back to our final client question - cost. We can make a general statement that if your deal size is significant, i.e. over 5m you can generally achieve rates that are comparable with the bank.

Facilities under that amount are more expensive than bank financing - but , guess what ,you get all the liquidity you need, which has its benefits are growing your business, turning your assets faster, enhancing relationships with suppliers, and taking on more business than you ever could before .

Looking for an operating line of credit -? ABL could be your solution - Speak to a trusted, credible and experienced Canadian business financing advisor today on this new form of financing your working capital.


7 Park Avenue Financial :

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

7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8


Direct Line = 416 319 5769

Office = 905 829 2653




Email = sprokop@7parkavenuefinancial.com



' Canadian Business Financing With The Intelligent Use Of Experience '



ABOUT THE AUTHOR
Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.




Sunday, April 30, 2017

Working Capital Financing On Demand? Your Cash Flow Solution Dilemma Solved










Hot Tip ! Don’t Tackle Your Working Capital Challenge Until You Read This



OVERVIEW – Information on how to achieve a cash flow solution for working capital financing as you head into 2017 . How to assess the need and type of solutions you require for cash flow financing for growth and profits





Working capital financing... on demand? What if... just what if you could eliminate your working capital financing issues via a cash flow solutions that work as you run and grow your company ? That surely is the wish of most, if not all Canadian business owners and financial managers. Let's dig in.

The reason you need that working capital is of course to pay of all your short term obligations in a timely manner. Typically those are accounts payable and items such as lease or loan payments, and of course we're including payroll and salary obligations in there. That growth in sales and thus inventory and receivables can really drain cash flow!

As a business owner you need to be aware of whether your overall working capital position is stable, declining, or even increasing. There are some very simple measurements to assess overall situation. One of the most basic measures is simply to monitor sales growth against those current assets. Simple as that.

Example ? - Your sales are growing by 20% per annum but you determine your receivables and inventory have grown to 35% of their former values, then, guess what, you have a working capital solution need . No surprise there, as most business managers intuitively know the strains that working capital needs place on a business.
Unlocking ! That's the key to a cash flow solution.

What do we mean by that? Simply that you have to do two things to unleash the cash flow that is invested in your business in the form or receivables and inventory. First, you have to improve turnover. That's an internal thing, and we can't help our clients on that one, you have to do it yourself. Collect receivables faster, be more diligent in extending credit terms, and control your inventory.

Secondly, and here's where are clients do ask for external help, is the need to ' monetize ' working capital accounts. How is that done ? The most common solution is bank financing via an operating line of credit for A/R and inventory that would address working capital financing needs.


Many businesses though, certainly those seeking SME Commercial Finance loans can’t access all the bank financing they need. Or in some cases, any at all!


In business you achieve positive working capital financing via profits which fund growth, borrowing on a long term debt basis ( not our favorite!), or selling assets .. The latter not our favorite.


What is our favorite then?! It is, as we said, monetizing current assets. You do this via a working capital facility that margins A/R and inventory properly. These facilities, when combined with the inventory component, make sense for firms with monthly A/R and inventory balances in excess of 250k. When that amount is less than 250k a receivable financing strategy is required.


Our recommendation? Confidential invoice financing or discounting, which we feel is the ultimate cash flow solution. It allows you to bill and collect your own receivables and turns your firm into a cash flow machines readily able to handle all manner of sales growth.


Speak to a trusted, credible and experienced Canadian business financing advisor - that's your final hot tip!


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

7 Park Avenue Financial
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.





Thursday, April 27, 2017

Working Capital Finance In Canada : The Rise of Cash Flow!














Your Executive Decision : Improve Cash Flow & Access To Business Financing ! Here’s How



OVERVIEW – Information on working capital finance solutions in Canada. The ability to properly fund and finance your cash flow needs makes .. or breaks.. your business future





Working capital finance in Canada is all about the need, and the rise of cash flow solutions to run... and grow your business. All those in favor of making an executive decision in improving your Canadian business financing access say aye. It's resolved! Let's dig in.

Doesn't the timing to reassess your working capital cash flow needs seem appropriate? Working capital finance solutions are available, and they are not always what you thought they might be.

It's rare that any business, especially those with SME COMMERCIAL FINANCE needs, doesn’t, at some time, have cash flow challenges that haunt the business owner/financial mgr. on a daily, intermediate, or even a long term basis.
Your ability to put together effective techniques and solutions around working capital financing always goes back o the management of your short term assets such as cash, receivables, and inventories.

The reality? It’s a balancing act that challenges you every day, we know that. The cash requirements come out of the need to meet your day to day expenses, pay employees, and make payments on any debt obligations you have.

In talking to clients inventory levels that allow you to run your business, minimize constant re ordering, and taking advantage of price and volume discounts continue to be a main challenge.

Can this challenge be addressed? It sure can, and in a number of ways.

Here's a solution to consider:

Arrange a long term unsecured working capital loan to address product needs - alternatively you can blend the borrowing power of your receivables and inventory on a combo basis via a working capital facility that margins receivables and inventory. This facility, called an asset based line of credit when it's for a larger amount will turn your company into a constant cash flow machine if you manage it properly.

We point out to clients that this type of working capital cash flow facility we just described is offered by a non bank private finance firm, so we encourage clients to speak to a Canadian business financing advisor as to how these facilities work.

Are there internal steps you can take to accelerate cash flow? There are. You can amend credit policies, shorter your payment terms, extend those terms, or simply collect your receivables more efficiently and aggressively. Those are all measures of how you identify your credit policy. The other side of that coin is how you finance that huge investment you more than likely have in receivables.


In Canada several clear options are available, They include:

Short term working capital/cash advance loans

Sale Leaseback financing

SR&ED tax credit bridge loans

Securitization of receivables - (primarily for larger firms)


There is only one bottom line in working capital cash flow - its simply that you need to understand your cash flow challenge, and then investigate the proper options to remedy that challenge, allowing you to fuel long term growth and profits .

In some cases traditional bank financing, via the right bank and banker will work. When it doesn't consult a credible, experienced and trusted Canadian business financing advisor who will help you identify real world solutions for cash flow success. Time to make that executive decision?


7 Park Avenue Financial :


http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 100 Million $ of financing for Canadian corporations .



7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line
= 416 319 5769

Office = 905 829 2653



Email
= sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '


ABOUT THE AUTHOR

Stan has had a successful career with some of the world’s largest and most successful corporations.
Prior to founding 7 Park Avenue Financial in 2004 his employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) He is an expert in Canadian Business Financing.

Stan has over 40 years of business and finance executive experience. He has been recognized as a credit/financial executive for three of the largest technology companies in the world; Hewlett-Packard, Digital Equipment and Cable & Wireless. Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion. He has been instrumental in helping many companies progress through every phase of financing, mergers & acquisitions, sales and marketing and human resources. Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers.






Wednesday, April 26, 2017

Business Equipment Financing : Your Business Leasing Company Solution Toolkit !








Talk About A Mouthful Of Benefits In Canadian Business Financing



OVERVIEW – Information on business equipment and business leasing in Canada . How the right choice of a leasing company can provide you with a great number of financial benefits and flexibility

Business equipment financing for the new (or used) assets you need for your company is all about ' common sense' business finance - That means fast approvals and flexibility that makes perfect sense for your firm. Let's dig in.


If we were to ask you to name ten quick benefits of any type of business financing in Canada we quite frankly cant imaging you would name any other type of finance other then leasing . Just think about it.
Ten, yes ten solid reasons to consider a leasing company for your right choice of asset finance.
Let’s recap them -:


1. Technological obsolescence protection,
2. Accounting benefits,
3. Cash flow management,
4. Potential tax savings,
5. Right to own or not own the asset at the end of the lease,
6. Convenience,
7. Ability to match the asset financing to its useful economic life,
8. Pre approval or have a ' lease line of credit ' possibility
9. Quick credit approval (boy do we like that one!)


And finally? A smaller cash outflow!


Whew! That was a mouthful of reasons. Let's circle back on one of those benefits - Approval!


Canadian business financing is more challenging than ever for customers in the SME (Small to Medium Enterprise) sector - That's probably your firm!

The equipment financing industry is on a pretty good roll.

We keep coming back to flexibility when clients ask us about what the best choice options are in business leasing. Always remember that when you choose to finance an asset you can enter into a lease to own scenario, aka a 'capital lease ' , or, continuing on our theme of flexibility, you can opt for an operating lease - which simply states your desire to use an asset, not own it .

Equipment that depreciates quickly, needs to be replaced due to technology, etc, is the perfect choice for an operating lease option.

Asset financing from your business comes out of very different needs - it might be a photocopier for the office, (or computers), equipment for your shop floor, and, even a commercial jet for your corporate meetings! (Well, we can dream, can’t we?!).

Our point? Simply that any type of asset can be leased, and often bundled in with other ancillary services such as installation, maintenance, warranty, etc. Again, there's our flexibility again.

Do you have a personal business relationship with the hundreds of lease companies in Canada? If you do we're jealous, and you obviously have a lot of time on your hands. If you don't, speak to a trusted, credible and experienced Canadian business financing advisor who can ensure those many benefits of business leasing can be achieved quickly and properly.

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


7 Park Avenue Financial
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.