How To Effectively Use Canadian Lease Equipment Financing

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There's Reasons Why Equipment Leasing Works ? Here They Are !

Information on canadian equipment leasing and financing solutions in Canada. The ability to acquire equipment, technology and other assets is key to long term business success in todays competitive environment

Canadian equipment Financing has never been more critical to get in the current business environment. When speaking to Canadian business owners and financial managers they tell us that they want the ability to achieve asset acquisition for plant equipment, computers, and other fixed assets in an easy and reliable fashion. They also tell us they don’t want this type of financing to interfere with other financing they either have in place or are contemplating.


Canadian lease financing can deliver on all those customer needs. Naturally transactions come in all sizes, from 5k to Fifty Million dollars. If your transaction is smaller, generally fewer than 50k Canadian business owners are often pleased to find the simplicity of the financing. Why is that? It is simply because those computers we referenced above in our article also worked their way into the lease financing industry! Technology has made it very easy to process and application, verifies customer information, issue simplified documentation, and ensure all other miscellaneous processes are completed in a timely fashion. Canadian vendors are happy to see that when their customer finances a transaction they are paid promptly, thereby increasing their own revenues, cash flow, etc.

It clearly is a win win strategy for all parties, you as the customer, the lease firm, and your vendor or manufacturer.


Management time is everything in business today, and clients are pleased to hear that all those miscellaneous things they didn’t wan to worry about, (but are important nonetheless) are often taken care of in the lease transaction. That includes payment of the taxes, which is now spread out on a monthly basis, as well as often the installation, maintenance contract, etc.


On most occasions a first, or first and last deposit are required on your lease, but lets be honest and realize that is a very nominal cash outlay as opposed to laying out tens or hundreds of thousands of dollars for equipment purchases .


We spoke of your cash outlay –naturally this emphasizes another key feature of Canadian lease equipment financing, which is simply that your payments are very easily matched against your benefits of the asset acquisition – If your firm needs new IT ( information technology ) such as computers, telecom, etc , you clearly have now realized that the leading edge of technology and computer power seems to change every day .Therefore matching your equipment lease term and payments to your expected useful life of new personal computers or servers is a great financing strategy .


Do you have alternatives to acquire the equipment – of course you do. Leasing is never viewed as the panacea of Holy Grail of equipment and asset acquisition. But if you benchmark and compare the benefits of leasing against paying cash, or negotiating larger of new banking and term loan facilities some of the key benefits of leasing will become very attractive to the Canadian business owner very quickly.


So if your company requires lease and asset financing look beyond the way in which you may have acquired assets in the past and consider lease financing as a great alternative and complimentary strategy to your business and profit growth.

Speak to a trusted, experienced and credible advisor or firm who will ensure you understand your various lease financing options.




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

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 .

' Canadian Business Financing With The Intelligent Use Of Experience '

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

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

Stan Prokop

SR&ED Financing : The Doctor Will See You Now!

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SR&ED Financing ? Why ? Immediate Cash Flow For Your R&D Capital Recovery Refund Claim

Information on SR&ED financing in Canada. Understanding how your SR ED refund can be monetized and what the benefits are is key to maximizing your r&d capital invesment

SR&ED financing is an immediate financing strategy to convert your filed Canadian SR ED claim into working capital and cash flow for your business.

If your company needs additional cash flow the SR ED financing strategy is a great source of financing and working capital of an ' alternative' nature. Naturally Canadian business owners and financial managers can wait up to 18 months (sometimes longer?) for your non repayable SR ED refund, but if you need the capital you can access those funds now.

SR ED financing is absolutely a boutique, somewhat unknown type of financing in Canada. We recommend that you work with a trusted SR ED advisor who can both maximize your claim (usually 70% of the total value of your claim) and assist you in ensuring the claim can be financed in a relatively short period of time. In claims for our customers that process usually takes 2-3 weeks with your full co operation of course.

Almost everyone agrees that the SR ED grant, which, as noted, is non - repayable! is one of the best government assistance programs in Canada . In our firms opinion both the SR ED grant and the Canadian governments CSBF loan program are the two most clear and viable financing assistance strategies for Canadian businesses.

When we meet with customers to discuss their cash flow and working capital challenges customers always ask us what SR ED financing funds can be used for - the simple answer is any general corporate purpose. We also point out that your claim, in order to be financed, must demonstrate that you have no CRA (the old 'Revenue Canada ') arrears for any government super priorities such as source deductions, GST arrears, etc. We would point out thought that although your claim might not be able to be financed with those arrears in place that you still should file your claim for funding as the claim will reduce or eliminate your arrears, depending on how much is owing to CRA and the value of your filing.

In certain cases we work with customers to pay any of those government arrears out of the financing of the claim - that’s a good thing!

Business that finance SR ED claims clearly understand the value of the program - it gets your firm a significant refund in any research your firm does in products, processes, software, etc .

It is our understanding that over the last couple years the government has sent out cheques for 1.6 Billion dollars in funds for SR ED claims, so:

1. Why wouldn’t your firm consider filing a claim for your funding?

2. Why wouldn’t you consider a SR ED financing strategy for immediate funding of that claim?!

When we meet with customers and ask them what they will use the proceeds of the SR ED financing for they indicate that it will be for very basic working capital requirements - suppliers, payroll, further investment into their R&D processes, purchases of equipment, etc.

SR ED financing is typically in the 70% LTV range, by l t v we mean of course loan to value. That simply means that for every 100.00 of Sr Ed calim you can immediately access, on approval, 70.00 of your total claim. The balance is remitted to our firm once Ottawa and Ontario approve their respective parts of the claim. Naturally there are the financing costs which are typically taken out of that last 30% that is due your firm.

There is no real maximum on the amount of SR ED claim that you can finance, in our own experience claims are generally under one million dollars, but that is not a hard and fast rule.

We referenced working with a good Sr Ed financing advisor who can both maximize your cash out of the claim financing, and steer you through the process as well. In certain instances your bank might have a general security agreement on the claim, (even though they are not financing it?!) so a release is required from the bank, which is generally easy to obtain once we explain what we are trying to achieve.

Many firms ask us what the general criteria are for Sr Ed financing approval. It is essentially a standard business application process; however we clearly note that the emphasis is on the amount and quality of your claim, with significantly less reliance on your balance sheet and income statement. That is because the Sr Ed financing is secured by your actual Sr Ed filing - it’s as simple as that.

Naturally it helps if your overall business outlook is generally positive, or if you are on track to recovering from any setbacks such as a financial loss, or balance sheet issue, etc

Cash flow and working capital needs? Filing SR ED’s? Then consider your Sr Ed financing options!


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

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 .



' 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 Lines of Credit Canada

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Is This Type Of Business Credit Line The Future of Business Borrowing For Many Companies In Canada



Information on asset based lending lines of credit in Canada. These facilities are an alternative to bank credit lines and are used successfully by companies in every industry

Asset based lending in Canada is a solid financing alternative for firms that require financing for the traditional build up of accounts receivable and inventory that come with sales and revenue growth .

More and more Canadian firms who purchase product overseas or in the United States marketplace are finding of course that to achieve economics of scale in pricing and shipping they have to purchase in significantly larger quantities, and also allow for shipping time. And, even more critical is the questions of how to address the supplier’s payment request which often includes hefty deposits or full payment in advance.



Although established firms have access to operating liens of credit with Canadian chartered banks even these facilities often cannot provide the full financing resources that come with strong, explosive, or seasonal bulges in revenue growth.



Enter asset based lending, or the actual facility which is called an asset based line of credit. The simple definition and explanation is as follows – it is an operating or revolving line of credit facility that totally focuses on the assets of your firm, those being primarily inventory, receivables, and fixed assets such as equipment.



When your Canadian firm applies for a chartered bank line of credit there is a very strong focus on your operational metrics and your overall all balance sheet and income statement rations. A line of credit is set up with your bank that is very much related to your firms tangible equity, its debt load, historical cash flow, etc. ( Yes, we said historical cash flow! Which means that the banks focuses on how you have generated cash and profits in the past! That is little solace to the mfr, wholesales or distributor in Canada that needs cash flow now to fulfill order, contracts, etc.



The asset based line of credit places only a small reliance on those issues, what if focuses on instead is the true current value of your inventory, receivables and unencumbered equipment assets. Asset based lending specialists have a very strong sense and experience around the true liquidation values of your inventory , receivables, and fair market values of your equipment .

Therefore the final amount of the asset based line of credit you are approved for is often, almost 99% of the time, larger that a bank facility. That allows you to draw down immediately on the values of those assets, generated more cash flow. Many companies who have bank lines in Canada actually do not even have an inventory component in those facilities – so just the fact that you can now generate today cash flow out of inventory values is a huge cash flow benefit.



While asset based lending in the U.S. and, more recently in Canada was considered a non – traditional form of business financing it has clearly now entered the mainstream. You would be very surprised at the medium and large corporations in Canada that utilize this type of financing.



Different financing strategies achieve different benefits for each company. The main benefits of this type of financing facility are:

Easier to set up , get approved, and administer



Although facilities are set up with an initial cap the reality is that as your assets grow via increased sales the facility grows also – Why? Because, as we said, its asset based, not covenant or ratio based



Higher advance margins are place on receivables, usually 90%, and inventory, which in many cases hasn’t been or couldn’t be financed before is now immediately financeable



The facility usually always includes a/r and inventory , but more often than note has a fixed asset equipment or real estate component also



ABL facilities, which is the acronym these financings are known as, are specialized financings. They are an alternative to bank or traditional financing. They are becoming more popular everyday, and business owners are encouraged to speak to a specialist who is trusted, credible and experienced in this exciting new area of Canadian business financing.




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

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 .

' 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

Equipment Lease Financing In Canada : Critical Deal Factors

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What's Up With Equipment Lease & Loan Strategies ? We've Got The Dirt!

Information on equipment leasing in Canada. Knowing the critical deal factors involving equipment leases and loans allows you to acquire assets in a cost efficient matter

Equipment Leasing and financing in Canada can seem complex to many Canadian business owners and financial managers in Canada.


Let’s share and discuss some of the absolute key things you need to focus on to know that your firm has a competitive deal and that you have received pricing and transaction flexibility commensurate with your needs and original business goals for this type of financing .



First, and foremost – pick your partner. There are tens and actually hundreds of small and large lease firms in Canada. Some are Canadian, some are foreign subsidiaries, and some are small, while others are larger than large – think Canadian banks as an example , as they play a large role in the industry and compete with independent commercial finance firms

If you have all the time in the world to stop your business and investigate various aspects of lease financing in Canada, and who your best partner firm might be, then by all means go ahead, we’re actually jealous! But if you don’t have that luxury simply speak to a trusted credible and experienced business financing and lease specialist to determine what firm most suits your needs re rates and structures and flexibility.



Secondly, we’re talking about equipment leases and equipment financing – but did you know that you are also required to know about the type of lease you want – either a lease to own, or what is termed an operating lease. In the case of an operating lease you are opting to use the equipment, and have no stated intention of owning it. However a properly structured operating lease will in fact give you the flexibility to return the equipment, upgrade it, or even purchase it for fair market value. You can now start to see some of the benefits hopefully of choosing to deal with an expert in this area of Canadian business financing.



Payments are another key issue in lease financing in Canada. You naturally want a competitive rate – the answer to that is very simple. If you properly demonstrate through your application that you have the ability to repay and that your firm needs the equipment to generate revenues and profits then quite simply you deserve and should get a good rate. Leasing rates in Canada range from prime plus one to in the high teens based on overall credit quality and asset that you are financing, plus the term of your lease.



Let’s look at a quick simple example of how you can save thousands of dollars by simply ensuring you have a competitive deal in place. Lets say you are buying some equipment for your manufacturing facility and that it costs 110,000.00 . Let’s assume you either wish to, or have been requested to put 10k down, so we’re financing 100,000.00. You estimate the equipment will last you 5 years. Your vendor is quoting you a rate of 9.5% - that would mean that your monthly payments are 2083$.



Let’s now assume you speak to a leasing specialist and he determines that you actually qualify for a rate of 8.5%. . Your new payment is now in the 2037$ range. That’s only 46$ you say, but over the term of the lease you are approaching close to three thousand dollars in savings. Don’t always focus on rate, but ensure at the same time you are getting a competitive rate commensurate with your credit quality.



In summary, lease financing is a solid equipment acquisition strategy. You need to understand the Canadian lease equipment environment, choose a solid lease partner firm, and focus on obtaining the best rate, term and structures for your acquisition – one that meets your business goals around growth and profit generation around the asset being financing. Speak to an experienced advisor in this area to ensure you are entering into the right type of lease transaction.



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

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 .

' 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

3 Ways To Supercharge Access To Business Lines of Credit And Asset Loans

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Innovative Solutions To Working Capital Challenges - We've Got Them !

Information on business lines of credit and asset loans . Numerous strategies are available for your company's cash flow & working capital needs

Canadian business financing
has a new success story when it comes to business lines of credit and asset loans. Although it’s clearly been around for awhile we run into tens of clients who haven’t even heard of the solution, but boy do they know they have a business financing problem! The ' supercharger' we are referring to is an ABL; an asset based business line of credit.


Let's make sure you understand the basics first - and it’s actually quite simple. An ABL facility is a revolving line of credit, which, surprise, surprise, is typically offered by an institution other than a bank! That’s what really surprises some of our clients. These business lines of credit, or asset, or asset loans are credit facilities that support your receivables and inventory, just as they would if your firm qualified or had access to a Canadian chartered bank facility.


Can we add a little more ' supercharging' to the mix - yes we can. The Abl facility can actually include equipment and real estate which can be bundled into the facility if your firm has those assets for additional leverage. So what is happening is that you as a Canadian business owner or financial manager are using your ' asset rich' status and monetizing that into temporary working capital and cash flow. That’s a good thing.


So who in Canada is already ' supercharging' their credit facilities outside of the bank environment? Literally thousands of companies, including some of the largest corporations in Canada. We would point out though that the general lower end of this type of facility typically is 250k, but after that the sky is the limit with respect to transaction size.

There is a common perception out there that this type of financing is for companies that are experiencing financial challenges - and to be fair , because the program is asset based these business lines of credit and asset loans are available to firms who are doing well, and those not doing well or experiencing dire challenges . That accessibility for corporations and industries of all types is what is fueling the asset based line of credit facility growth in Canada.


It's never a perfect world, so we advise clients to expect a higher cost of funds than that of a Canadian bank facility - but at what cost would you pay more for a facility that margined all your assets, including fixed assets and real estate. When proper value is agreed upon with your firm and the asset based lender you can actually margin and utilize cash flow on your unencumbered equipment and equity in real estate.


In summary, first, you can supercharge your working capital and cash flow via an ABL facility, which is a direct alternative to any method you are utilizing today. Secondly, your liquidity could literally double if you are in a position to monetize some of your equipment and or real estate, without taking on any additional debt!

And, thirdly the facility does not exclude any type of firm from applying, so you can take advantage of Canada's newest form of financing today! , thereby accelerating your growth and profits.

Seek out and speak to a trusted , credible and experienced Canadian Business Financing advisor who can assist you with your business funding 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

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 .

' 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 Consider a Merger Or Acquisition?

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Mergers and Acquisitions , commonly called "M & A" in high finance parlance is one of the more exotic areas of finance and business.

Generally larger transactions in this area are handled by investment bankers or merchant banks, but everyday a number of small and medium size businesses either complete or contemplate such transactions.

Generally when a business owner or management team contemplates a merger or acquisition there is a strategy behind the transaction. Let's look at some of the reasons for considering such a transaction.

Many companies simply realize that there is business logic and a risk component to diversifying out of their core businesses. We all know that 'diversification' is preached in all areas of financing, including our personal financial strategies. Companies who merge or acquire other firms for diversification realize they are lowering overall business risk.

Many times there are some classic synergies that can make a transaction in the 'M & A' environment very appealing. If a firm has a strong brand and they can add additional products to that brand then and grow both profits and sales that becomes a viable transaction. A smaller firm might have more of a 'reputation' than a 'brand' of course.

In the current business and economic environment there are many undervalued or struggling companies. These businesses can be perhaps purchased at a bargain, and may in fact be worth many times their current valuation due to unique circumstances.

The other reason companies consider a merger specifically is the ability to lower costs while at the same time increasing revenue. That is simply a scenario in which many costs can be lowered in the overhead and operating expense departments. Or in some cases, say a manufacturing company, efficiencies can be realized. Unfortunately this sometimes comes at a 'human cost' as downsizing is common in this area of mergers and acquisitions.

In some cases an acquisition can simply be current management buying the company from the current owners. This is typically called an LBO, or 'leveraged buyout'. Management usually puts in some new equity into the company and in many circumstances assets are refinanced at the same time.

In summary the merger and acquisition area is a unique area of business financing. Business owners must have a solid rationale, as well as a strategy, for contemplating these types of transactions.

Stan Prokop is the founder of 7 Park Avenue Financial.

See http://www.7parkavenuefinancial.com
The company originates business financing for Canadian companies, and is a specialist in lease financing, working capital financing and asset based lending, and has completed a number of acquisition financing for their client base.


http://www.7parkavenuefinancial.com/business_financing_services.html





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

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 .

' 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




















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