What Different Types Of Commercial Loans Does Your Business Need ?

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Quick Guide to Types Of Business Loans

Different types of business loans can, in some cases, be challenging for business owners to achieve . Certain types of funding are often much better suited to your company's financing needs.

The good news is that a number of business finance solutions are more accessible than ever . Naturally the ' go to ' in the minds of many owners and their financial mgrs is ' the bank '. Here capital is virtually unlimited and the rates are typically the lowest when it comes to cost of funds .

Bank financing comes with a challenge though - the need to provide full financial disclosure around financial statements, owner personal credit history and net worth, collateral, personal guarantees, and in many cases the requirements to produce a business plan or cash flow forecast . Don't forget to take into consideration the ' timing ' factor, in that the process time might often be weeks stretching into a month.. or more.


Types of business loans offered by banks :


Business credit lines
Term Loans
Equipment Loans

We can safely say that Canadian banks offer the most flexibility and access to capital when a firm qualifies . Factors such as years in business, profits, acceptable balance sheet ratios , etc are key to bank loan approval.



Early stage businesses often utilize personal financial resources to access cash - that includes business credit cards , loans from friends and family, etc. At 7 Park Avenue Financial we encourage clients to separate personal and business financing , as those types of resources are not often the best choice to finance a company, as business failures can significantly damage personal credit .


Alternative Lending

For those firms that can't access all or even some of the funding they need alternative financing comes to the rescue . Alternative lenders provide the same types of loans available from banks - and are often quicker to approve loans . The cost of this financing is higher , but it provides access to capital.

Typical solutions available from alternative financiers include -

Non bank business credit lines
Inventory financing
A/R financing ( aka ' factoring ' )
Short term working capital loans
Tax Credit Financing ( SR&ED loans )

Both banks and alternative finance companies provide loans for long term business growth - These needs might include :

Commercial mortgages for owner occupied facilities
Mergers and Acquisitions
Franchise Financing
Leasehold Improvements - ( leaseholds can be easily finance via the Government guaranteed business loan )

These types of loans are typically longer in duration - ranging 2-5 years


If you are focusing on ensuring you understand and have access to the right type of commercial loans for your company seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success.




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

7 PARK AVENUE FINANCIAL website !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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

Know How To Choose The Right Debtor Financing Company ? Alternative Finance Options

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The Modern Rules Of Alternative Finance Options

Debtor financing, aka ' receivable finance ' is one of the most popular methods of financing a business that is growing . Success in accounts receivable financing will relate directly to your firms ability to pay normal expenses and invest in growth while not at the expense of slow paying clients . By the way, the most common term used today around debtor financing tends to be ' factoring '.

It's simply a flexible form of a ' business line of credit ' , via alternative finance options . And by the way it's utilized in pretty well every industry, by both start up earlier stage firms as well as the largest and most successful corporations in Canada.

Business owners and financial managers should simply view this tool as ' cash flow financing '. Where confusion sets in is the terminology the industry uses and how it prices this form of finance . Knowing how debtor finance works will allow you to exploit it's various features.

When setting up such a facility it's all about being able to identify the quality and size of your sales revenues as they are invoiced to your client base. In it's simplest form your facility will typically have 90% of your sales finance as soon as you generate invoices that have been ' earned ' Earned ? By that we mean simply that you have delivered a service or product under payment terms agreed to by your client base.

As an aside we also mention that many firms feel they can grow faster if they can offer extended dating terms to new or larger or strategic clients.


Clients of 7 Park Avenue Financial will typically ask when they get the balance of the invoice amount, ie that remaining 10% balance. The answer ? Once your client pays you get the remaining 10%, less finance and carrying charges. Safe to say that clients with good paying customers can see the positive advantage of cash flow turnover.

Many clients , in fact most , would prefer to be in total control of the whole debtor finance timeline. While some firms are happy to have a lender do their collections the majority of firms want to bill, and collect their own receivables.

So rather than disclose debtor financing arrangements to your customers you are in a position to ensure that your clients aren't aware of how you finance your business. This is called Confidential Receivable Financing .


Summary of the advantages of Debtor Financing:


1. Keeps a Business Focused On Better Receivable Management

2.Allows companies to access business financing not available from traditional bank type arrangements

3. Increased cash flow



The Debtor Financing Plan to More Cash Flow -->

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of success .



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 !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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

Know Why Government Loans Are Preferred So Much ? We Do !

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Make Government Business Loans Work For You

What is the best small business loan for Canadian business owners in the ' SME COMMERCIAL FINANCE ' sector in Canada. When it comes to lack of funding for start up or earlier stage companies already achieving revenues there is no doubt the government small business loan is a very viable solution .

Lack of funding in the earlier stages of a company's growth will always hurt long term business goals for sales and profits. Financing and execution of your business plans are of course as integral to the success of your company.

While many entrepreneurs focus on ' the bank ' for funding they typically cannot get all ( or even some ) of the business capital they need. Government in Canada recognized that a long time via Industry Canada the Canadian Small Business Financing Loan program. Some have written the program is the ' oxygen' for financing a business with government help.



There are some major key benefits to what we describe as the ' best small business loan ' in Canada. And by the way, small means under a million dollars , which in our books isn't that ' small '!

KEY FACTORS IN THE GOVERNMENT GUARANTEED BUSINESS LOAN

For a starter it is the government guaranteeing the majority of your business loan . That clearly eliminates a lot fo the collateral and reliance on personal financial information required by most ' traditional' lending institutions.

Down payments are always an issue for owners and the initial equity, or ' down payment ' you need to get the loan is modest indeed - typically in the 10-20% range.

Timing is everything in business, and if you're working with a proper Canadian Business Financing Advisor closing time on funding can be very quick in loan funding.

What does the Government small business loan finance ? That's a frequent question from clients here at 7 Park Avenue Financial . The answer:

Equipment

Leaseholds

Software

Real estate

Loans under the program are structured as term loans between 2-5 years from an amortization / length of loan perspective . Prepayment is not penalized !!


Steps To Be Successful With A Government Guaranteed Business Loan

A recent articles in Canada's major newspaper, the Globe & Mail, highlighted great ways to achieve success in government financing . That included ensuring what your business financing needs are, being pro-active in putting together a plan and request, and ensuring owners have reasonable credit history .

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance solutions.



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 !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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

Make Invoice Factoring Loans Work - An Asset Based Lending Primer

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Looking For A Business Credit Line Solution?

Invoice factoring loans are one area of business finance that has slowed the growth of traditional financing via banks in Canada. It's no secret that asset based lending is on the rise , and while not that long ago,for that we can vouch, that alternative financing was pretty well unheard of . Industry stats both in the U.S. as well as Canada indicate more and more companies are turning to asset based lending solutions.

So why have asset based financing solutions become one of the most popular methods of financing your company's working capital and cash flow needs.

Asset based finance solutions such as factoring work for a very simply reason - they monetize one of the most important assets in your business , letting accounts receivable act as security .

New clients here at 7 Park Avenue Financial always want to know how these ' loans' work . First of all, it's not a loan per se. It's simple a method of selling and cash flowing your receivables as your generate revenues. Cash advanced on this type of financing is typically in the 80-90 % range and it's at the business owners option to cash flow some or all of your a/r.

FACTORING LOAN RATES

Confusion exists if only for the terminology commercial lenders and customer use around describing the cost of this financing . That's because this method of finance is costed as a ' fee ' , not an interest rate. The fee's typically are between 1-2 % , so if your firm has good margins and a reasonable turnover in receivables you are an excellent candidate for invoice factoring loans.

Other factors that influence your over-all cost include the size of your facility, the general credit worthiness of your customer base . The amount of time you use the funds for is probably ultimately the largest cost aspect of the financing . While bank business credit lines are the lowest cost in Canada it's not secret that thousands of businesses simply can't access all or part of the business financing they require.

At 7 Park Avenue Financial we strong recommend what we term Confidential Receivable Financing facilities. They allow you to bill and collect your own accounts, generating the cash flow you need to run and grow your business.

A/R financing collateralizes your receivables, allowing you to finance the other parts of your business, such as inventory, equipment, real estate, etc.

For smaller to medium sized firms that have exhausted forms of financing such as business credit cards, friends and family loans, collapsing personal investments asset based lending via a business factoring loan is a logical step to financing operations and growth.

Seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a financing track record of success.




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 !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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

Do You Know The Types Of Business Financing That Will Pay Off For Your Company

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Never Worry About Business Sources Of Finance With These Tips

The types of business financing your firm needs and the sources of business finance is vital knowledge for every business owner and financial mgr. Your inability to source funds can put a stop to both your daily operations ( ie suppliers / payrolls, etc ) as well as certainly slowing, if not halting your ability to expand .

There isn't a day when 7 Park Avenue Financial doesn't get a call from potential clients looking to capitalize on growth opportunities in a variety of manners, ie new contracts, market expansion, acquisitions , mergers, etc. Know sources of funds for your business is important!

So that brings many business owners to the immediate ' go to '. That go to? Canadian banks . But when business ventures down the Canadian chartered bank or business credit union route new rules apply, and to be approved you need to play by the rules .

Those ' rules '? It comes to to proper credit ratings of owners, ability to produce proper financial statements, profitability, and a reasonable debt load . That coupled with some level of collateral, even it it's a ' promise to pay ' by owners themselves makes bank financing work. And the rates, terms and structures are very flexible in virtually unlimited amounts of capital.

Have we forgotten something ? What about new firms, struggling firms, or businesses that can't satisfy all the criteria needed to access what the Bay street folks call ' traditional finance '. That's when non conventional business financing, aka ' alternative finance ' comes to the rescue of the business owner. We're assuming by know you've abandoned the ' friends and family ' route which seems to almost always in our experience lead to , shall we say ' relationship problems'!

So what are these lesser well known ' sources of finance ' , how do they work, and where are they available . Generally speaking they are available from what we call ' non bank ' commercial finance companies .

Sources of Finance :



Inventory Loans

Purchase Order Financing

A/R financing

Short Term Working Capital Loans

Non bank asset based lines of Credit

Sr&ED Tax Credit Financing

Sale leaseback of assets

Equipment Leasing

In almost all cases the main source of ' collateral ' for all these is the key asset in question . In the case of working capital loans the emphasis is simply your ability to demonstrate that you have sales and revenues that are somewhat regular historically.

Bottom line? We hate ' wise guys ' but 'wise' business people need to know all their options in today's ultra competitive business capital landscape.







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 !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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

Do You Know How To Finance Your Business - Finance Companies & Banks & Goverment Funding Options

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How To Finance A Business: Solutions You Might Not Have Considered !

Keeping your company rolling - It's all about how to finance your business
in both good and challenging times . Every business owner and financial mgr recognizes there will always be ' cash crunch ' time at sometime down the road .

Prudent business people know that they should always be exploring financing options , especially when they are considering major growth opportunities , expanding into new markets or products, etc.

A key part of the business funding challenge is your firms finance itself on a daily basis - that's all about meeting supplier obligations , managing receivables and ensuring you have the optimal funding in place. A business bank loan will often be the most perfect solution , if your firm qualifies !.. for day to day business lines of credit . Bank interest rates are low and revolving credit lines help in finance inventory and receivables .

In some cases it it a question of working capital to finance that build up in a/r and inventories. Your firm might consider a short term working capital loan - these are extremely popular these days. Alternatively a long term ( typically a 3-5 year ) term loan injects that permanent working capital you have been looking for, into the business.

Large orders and contracts - The good news is your firm has or can secure large new orders or contracts previously not available. The challenge? How do you finance these when a typical business bank loan is not the solution ?

One solution is purchase order or supply chain financing . That type of solution allows you to buy and pay for the resources or staff that you need and helps cover the major cash gap that occurs considering the time you get the order to the time your firm gets paid .

Expanding sales and profits is the goal of the majority of business owners and finance mgrs in Canada. In a number of cases that means ' capital intensive ' and cash must be conserved while at the same time acquiring the assets you need to grow revenues. Equipment financing is probably the most popular method of financing assets , and in fact experts tell us that 80 per cent of all firms at one time or another utilize lease financing options .

Banks also provide equipment loans, typically these are ' term loans'. and often don't provide the flexibility to upgrade or swap out the asset. We urge clients to perform the ' lease vs buy' analysis when considering acquiring new assets

Government funding ? Absolutely ! Thousands, yes thousands of firms each year take advantage of the Canadian government small business loan program, wherein the government guarantees a large portion of your financing to the bank providing the loan. This program has great rates, terms, and yes, even flexibility . By the way, in many cases it's the ultimate start up financing vehicle, and even covers buying an existing business in most cases.


Make Business Finance Work For You

Our bottom line ? Your firm will always at sometime down the road require extra financing. If you need help to explore the options offered by commercial finance companies , or government loans , seek out and speak to a trusted , credible and experienced Canadian Business Financing advisor
with a track record of success who can assist you in ow to finance 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 !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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

Do You Know The Factors Affecting Business Financing & Business Lending

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Actionable Business Financing & Business Lending Tips

Business financing ! You've heard the rumour , namely that business lending is more available than ever. Whether it's small business funding or medium to larger corporations we hear capital is almost unlimited.

But for those firms that for a variety of reasons can't qualify for all, or even some of the financing they need from traditional sources such as Canadian chartered banks there is hope - in the name of asset based financing options.

Let's backtrack a bit and understand that a company, from a lenders perspective will always be identified relative to what stage of the company ' life cycle ' it is in. That might come in several stages , going all the way back to pre-sales revenue r&d to initial start up . It's a long journey to that ' high growth' stage . And it's not hard for the entrepreneur to dream about that final stage of business maturity where traditional financing sources are unlimited.

Have we forgotten anyone. Yes, we have , and it's prudent to mention that many companies, for a variety of reasons, are financially challenged and have poor financial performance and some serious cash flow or debt problems . Suffice to say the good news here is that even these firms can be financed or re-financed , as numerous alternative financing solutions are available .

Many firms often find themselves in the position of taking on larger orders or contracts that typical small business funding solutions can't deliver on .

3 OPTIONS FOR Alternative Financing

Purchase Order Financing - This is an increasingly popular method for a company to support purchase orders or contracts from new or larger clients. Without having to raise new equity or debt your order is financed by the lender based on who your client is and also ensuring you have a legitimate supplier .This financing can be achieved very quickly and makes sense when traditional finance doesn't work.

Accounts Receivable Factoring - This type of finance allows you to cash flow invoices immediately after you make a sale or deliver your services . The general credit worthiness of your clients allow you to get advances on your sales typically in the 80-90% of invoice value. Naturally this eliminates waiting to get paid, which these days seems to take anywhere from 30 to ..d are we say it.. 90days!

Simply speaking A/R financing is a cash flow accelerator!

Non Bank Business Credit Lines - Alternative financiers offer credit lines based on your inventory, receivables and equipment as a lump sump collateral . In our experience these credit line almost always exceed the amount you would receive under typical bank margining of these assets.

SUMMARY - If your business is growing , or even experiencing challenges investigate non bank solutions that will allow your firm to be in a constant position to access capital based on specific needs.
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 success in business lending.




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 !



7 Park Avenue Financial provides value added financing consultation for small and medium sized businesses in the area of cash flow , working capital , and debt financing .



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