How to Get Capital To Start A Business with a Government Business Loan

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Are You Looking For The Best Government Business Loan to Capital To Start A Business

Government Small Business Loan Financing is a solid way to end the worry around start up loans and lack of capital when starting or buying a business in Canada.

The Small to Medium enterprise ( ' SME'' ) is a great utilization of the popular business finance program. When you think of the worry and risk that comes with starting or buying a business surely financing ranks right up there ! It might just be time to start worrying.

Solutions to start up capital are found via the federal government , in particular the Industry Canada offering. Loan amounts have recently been increased to 1 Million dollars, but the vast majority of these loans tend, in our experience, to be the in 500k and less range.

The business owners ability to qualify simply revolves around the right documentation and your ability to fast track basic issues around your loan proposal. It is without this knowledge that many of the recipients feel frustrated in achieving financing success.

Is the Govt loan program a solid option - we let our clients decide . But when traditional financing is tight and many forms of business finance are simply unattainable start up loans via govt assistance are definitely a major option to consider.It's simply a case of knowing the rules, and as we've said in the past, creating a short roadmap to business finance success.

HOW TO GET SMALL BUSINESS GOVERNMENT LOANS

So why are some of those business folks we've talked about worried or frustrated in the small business loan progress. In reality it helps to have an advisor assist you ensuring you are accessing and qualifying the right amount of funds. You want to ensure you are working with a seasoned business financing advisor who has had success and has expertise in the govt loan process. Validate those credentials .. allowing you to ultimately save a lot of time and money


In our experience there is a lot of myth or misinformation around the program. Here's the truth around some of those myths and misinformed issues.

Anyone legally allowed to borrow in Canada is eligible for the program . You should ensure you can substantiate a reasonable net worth and good credit standing . Experience in your industry certainly helps!

Clients always want to know what is eligible for financing under the program . In fact only 3 asset categories apply - equipment, leaseholds, and even real estate . By far the 2 most utilized categories are equipment and real estate.

Bottom line ? Stop worrying and spend some time getting the real ' skinny ' on business financing offered by the government . Speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success on making the program work for you.

Can't Finance Software ? You Can Now !

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Financing Business Software Investments For Better Cash Flow

Software business financing for your investments into applications also comes with often a significant expense. Not only the cost of those solutions but the maintenance and support and updates around those products bring additional cost . The good news? Software can be leased and financed through the right
software finance company
.

The reality is that many of the same similarities business owners recognize around equipment lease and finance come with the same benefits when you finance applications . The key? Using the right firm , as many firms are unfamiliar , and therefore risk averse to financing this business asset - an ' intangible'.

The irony. Simply that contrary to popular opinion software as an asset often has more value than a depreciating asset . Naturally your business doesn't ' own' the applications you are financing and the financing is simply a mechanism to pay for your investment.

Other key points ? The right to use the software comes with no right to the intellectual property surrounding the developers rights in the code. A good example - Microsoft's Excel package. We use these spreadsheets at home or in the office but Microsoft of course owns it.

In past times lenders struggled with how to collateralize and register security around the financing of the software- but that is now easily handled as lenders register a simply ' PPSA ' under the Personal Property Security Act .

The heart of our financing issue here is the true value of the software to your business. You run your business on it - ie sales management programs, office software, manufacturing software, etc. Lease payments are made since these assets are indispensable to the value and ongoing concern of the business. Unless companies are liquidated in total bankruptcy most lessors and finance firms recover fully on their software leasing - Source - Journal of Equipment Leasing



Also key to the software financing issue is that many software firms offer maintenance, support, and updates around their product. This enhances the lenders asset as it is used for longer lengths of time, and often constantly upgraded. Quite frankly it becomes less obsolete than computer hardware!

Many software lessors and lenders also finance the service and maintenance contracts associated with their customer’s software acquisition.


In summary, software lease financing is available and should be considered by every business owner in the same context as a capital equipment finance transaction. The computer hardware industry has grown with leasing, and the software industry is doing that also. The same considerations an owner gives to lease vs. buy apply to a software finance acquisition.


Speak to a trusted, credible and experienced Canadian business financing advisor with a track record who will help you ensure your software acquisitions can be adequately financed under the best rates, terms and structures that make sense for your company.







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

Direct Line = 416 319 5769

Email = sprokop@7parkavenuefinancial.com

http://www.7parkavenuefinancial.com

Click Here For 7 PARK AVENUE FINANCIAL website !





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

The Business Acquisition Financing Plan to Business Purchase

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Make Business Acquisition Financing Work for You

Considering buying a business in Canada? How to finance a business acquisition is a question clients always ask . When it comes to financing a small to medium sized business our clients quickly find they don't have the resources of those Bay Street guys, that high finance parlance of ' M&A' .. mergers and acquisition.

But it just might not be as complex as you think. Here's why. Yes of course those larger transactions in Canada are handled by banks, merchant banks, public offerings, etc. But the biggest part of the Canadian economy is the small to medium enterprise area ( 'SME') and , your guess it.. everyday these businesses are bought and sold successfully in completed transactions.

So what you need when buying a business is a 'strategy ' behind your transaction . There might be many reasons why you are considering such a deal ; one might be simply diversification . That typically lowers your overall business risk .

In some cases you might be benefiting from classic ' synergies' , for example more branding of your products and services, additional product and service lines, etc.

In many cases you are able to lower costs and increase revenues - lowering costs and overheads while increasing revenues is a classic business merger and acquisition strategy.


In certain situations, 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.

Of course not all businesses might be doing well if they are a target for an acquisition . In the current environment there are many undervalued or struggling companies that might have very attractive selling prices.

SELLER FINANCING BUSINESS ACQUISITION

In some cases the seller may wish to participate in the financing of your purchase. This classic ' vendor takeback' strategy is a key way in which many businesses are financing.

HOW TO FINANCE A BUSINESS ACQUISITION

Financing strategies you might employ when buying a business include:

Asset based loans

Term loans

Franchise loans

Cash Flow Loans - aka ' Mezzanine Loans '

Sale leaseback strategies

Often times current management may wish to buy the company from the owners. This is typically called a MBO .. management buyout. They often put some new equity into the company and in most cases asset refinancing strategies are employed.


Successfully buying a business and completing satisfactory financing 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.

If you're looking for real world expertise in buying a business or merging 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 needs.






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

Direct Line = 416 319 5769

Email = sprokop@7parkavenuefinancial.com

http://www.7parkavenuefinancial.com

Click Here: 7 PARK AVENUE FINANCIAL website!





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

24 Hours to Bridge Loan Funding

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Advantages to Best Bridge Loan Funding From Commercial Bridge Loan Lenders

Commercial bridge loan lenders are kind of the ' new kid on the block ' when it comes to getting a working capital loan for bridging needs. Business owners and financial managers need to know about this potential solution for working capital and cash flow challenges.

So how does this financing work and how do you eliminate some of the market confusion of this relatively new term - ie the short term working capital loan . To be in a position to evaluate this type of financing, that arose out of the merchant advance industry you need to know how the financing works and what it costs.

The right use of this financing solution allows your business to survive.. and grow.- both equally important.

Why does this financing work? Simply because it's based on your sales and future cash flows coming into your business . Sounds good so far, right?

A Few Quick Tips to Help You Find the Best Bridge Loan Funding Company

Most business have fairly predictable cash flows which commercial bridge loan lenders can easily document via your bank statements and sales history . That info is actually one of the key sources of info you must provide to get approved for the loan .

As a general rule most businesses can easily qualify for a loan that is 10-20% of their annual sales. That info is the key driver in bridging loan approval.

More and more companies are using the strategy everyday as the benefit is clear = more and immediate working capital that allows you to fund your business, buy inventory, meet payroll , etc. All of the challenges that your business faces everyday.

Here's a Quick Way to Solve Lack Of Working Capital

It's critical to work with a reputable firm when you contemplate this type of financing . Cost is also an issue to explore carefully as financing rates can be in the high single digits and higher . Remember also that this type of financing is ' unsecured' and should appeal to those companies that have good margins and are growing.

Paying back your working capital loan comes with a lot of flexibility. Payments are made on a regular basis and are typically adjusted to your cash inflows - payments are typically on a weekly or monthly basis.

So is this type of financing right for your business. It is if you can immediately benefit from cash flow and working capital usage of funds to stabilize and grow your business. It's true ' cash flow power '.

Bottom line ? Investigate bridge loan funding from commercial bridge loan lenders, understanding your costs and benefits. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success on how this type of financing can make sense for your Canadian business.





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

Direct Line = 416 319 5769

Email = sprokop@7parkavenuefinancial.com

http://www.7parkavenuefinancial.com

Click Here For 7 PARK AVENUE FINANCIAL website !





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

The Purchase Order Financing Plan to More Sales

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24 Hours to Improving Purchase Order Financing

What is Purchase Order Finance ?

That's a common question from our clients who haven't fully understand the availability of P O financing and inventory finance in Canada. It's certainly an underutilized strategy when it comes to financing more sales when your firm has financial challenges .

Inventory is a key asset in any business , unless of course you're a service business. Turning over and funding tht inventory are key to the profits you generate from sales . So what then are the costs and options when it comes to dealing with purchase order financing companies?

Purchase Order Financing: A Killer Way to More Sales

More sales is always a balancing act in business ; no inventory or improper levels of products won't allow you to fill those large new orders and contracts. Excess or poor inventory can drain cash flow.

Both Canadian banks and independent commercial finance companies finance inventory needs. Commercial finance firms, non bank in nature are often best to finance inventory because it is their business to understand your products and services. That expertise translates into greater borrowing power !

Purchase Order Funding for Better Faster & More Sales

It is important to understand the key players in the Purchase Order funding cycle . Simply speaking they are your firm, the borrower, the finance company, your supplier/suppliers, and finally, you guessed it- your customers.

Specialized services exists for your orders and contracts . Firms who are generating new contracts and large orders have a challenge in financing them because cash flow is often limited. Therefore PO Funding is a way to finance your current growth.

This type of financing makes payments to your suppliers , allowing you to receive product and deliver services. Your receivables turn into cash and the cycle is complete.

Inventory and P O finance works best when there is a holistic approach to collateralizing the purchase order , the inventory, and then the receivable arising out of that order. Don't forget to also investigate the asset based non bank line of credit, which also allows you to finance all your ' current assets ' under one umbrella.


Speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success to ensure you understand solutions available to inventory and p o financing for long term sales and profit growth.

How to Use The Short Term Working Capital Business Loan For Business Capital

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How to Get Ahead in Business Financing with The Short Term Working Capital Loan

Short term business capital loans for Canadian business is all about having to make a choice in your business financing strategy. Business owners and financial managers want choices in their business . Those large Bay street type firms have all the financing it needs it seems, but what about the little guy. Enter working capital lenders !

If your business can't obtain any, or enough cash flow then the working capital loan might be the solution you are looking for . The industry is very popular now and it seemed to rise up out of the popularity of what was known as Merchant Advance type firms who often help finance retail firms, restaurants, etc.

Our clients always ask why then can't get get the same type of funding from their bank. There are several reasons , and it's not that big of a mystery.

The working capital lender is looking mainly on your sales revenues from a size perspective . Typical working capital loan rates are reasonable when you consider they are short term in nature and are not collateralized by the assets of your business. That's a big thing when you differentiate it from bank financing . Our friends at the banks seem a bit obsessed with ratios and covenants and guarantees!

Although bank financing is cheaper it is simply isn't available for all firms looking to borrow capital.

Working capital loan rates are based on short terms , ie 1 to 18 months, and typically are for up to 10 to 20% of your annual sales.

Business capital loans such as 'merchant advances' have been popular for some time now . The time to fund is very quick and is generally one of the more popular forms for alternative financing these days. In effect you are monetizing future sales , and that can be a powerful business finance strategy.

24 Hours to Improving Short Term Working Capital Loan

Funds from business capital loans allow you to take supplier discounts, purchase inventory , increase your a/r and in inventory turns. Overall its a solid return on equity strategy.

Only you as business owner or financial manager can decide if this business funding is right for your firm. But now you've got a choice you might not have been aware of.

Speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success to ensure you choose the right method of financing when you're at the crossroads!





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

Direct Line = 416 319 5769

Email = sprokop@7parkavenuefinancial.com

http://www.7parkavenuefinancial.com

Click Here For 7 PARK AVENUE FINANCIAL website !





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

Most Important Business Cash Flow Financing Success Factors

How to Get More Capital Business Cash Flow Financing

Business cash flow is a key area of your company that requires solutions, and in that aspect of your business it's all about timing. Timing is everything when it comes to solving the cash flow conundrum.

We will examine some real world solutions around a company like yours that is trying to grow it sales revenues - which is what it's all about for many business owners and entrepreneurs.

To begin with the business owner and financial manager must be able to understand his or her's cash flow cycle '. The concept of timing has therefore just kicked in ! Your company produces goods and services and a specific amount of time has gone by as you now generate revenues via invoice clients and.. waiting for payment!

Not the biggest secret in town that the whole cash cycle varies between industries and even in companies withing that industry. So whether your total cycle is 30 days or 120 days the effects of timing require certain activities to be financed - either internally or externally through small business cash flow financing in the SME sector . ( Small to medium enterprises )

Those timing issues we speak of make or break your business. As an example your firm must buy supplies and inventories, pay wages and salaries, and then wait for delivery and acceptance of those goods and services And finally comes that payment from clients . No secret that that whole process can take anywhere from 30-120 days, again depending on yoru industry and client practices.

How can you finance those shortages? You need to take a look at your balance sheet and determine where you can extricate liquidity .

Quick Tips to Help You Find the Best Business Cash Flow Financing Company

Financing business cash flow is all about managing, and monetizing your sales and assets .

Solutions include:

Receivable Financing

Commercial bank lines of credit

Alternative asset based business credit lines

Short term working Capital Loans

Term Cash Flow loans

Sales leasebacks

Proper use of equipment and leasing strategies

Monetizing tax credits such as the SR&ED credit

Purchase Order and Supply Chain Financing


Use one of a combination of these solutions we have noted to manage the patterns of your cash flow finance business needs.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success who can assist your with putting together a solution that addresses the timing of cash flows and capital in your business.





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

Direct Line = 416 319 5769

Email = sprokop@7parkavenuefinancial.com

http://www.7parkavenuefinancial.com

Click Here For 7 PARK AVENUE FINANCIAL website !





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