SR&ED Financing: Everything You Should Know About Expert SR ED Claims Finance

ARE YOU TAKING ADVANTAGE OF SR&ED PROGRAMS AND THE ABILITY TO FUND YOUR CLAIM?  WHAT IS SRED?

 

SR&ED Financing easy?  Some clients we meet actually have a tough time buying into the fact that SR ED claims finance is not complicated. The bottom line? We think we can show you 'innovation finance’, i.e. SRED FINANCING is not the challenge you might think it is. Let's dig in.

 

Any business in Canada that files a SR&ED claim under the sr ed program does so, for the most part, to take advantage of the incentive that the Canadian government provides for a refund of a significant portion of your research expenses. And in Canada, every year, that covers thousands of businesses for Billions of dollars.

 

CRA ADMINISTERS THE CLAIM

 

Your claim's actual financing is more dependant on your firm, what you do, and who you work with instead of the good folks who administer and approve requests at Canada Revenue Agency.

 

CHANGES IN SR&ED

 

So while we can talk ( argue ? ) all day about the merits of the program, its recent changes in the last year or two, simply speaking, the onus is on  Canadian businesses who choose to participate in the program to maximize and recover their ' spend ' on salaries,  applicable overheads, etc. In years, machinery and equipment were under that umbrella, but recent legislation changed the SR ED credits' equipment component.

 

The program's heart is the fundamental premise that claims prepared properly under new claim submission rules can recover funds via applications submitted by Canadian private companies and even proprietorships. (Most companies that file and finance SR&ED claims, though, are clearly private incorporated entities.

 

MANY COMPANIES IN CANADA SPENDING ON R&D CAPITAL INVESTMENTS ARE NOT FAMILIAR WITH THE PROGRAM

 

Most people don't realize that the program has been ongoing since way back into the mid '80. Clients we meet who are now taking advantage of the program and heard about it late... well, sorry about that.

 

  

THE ROLE OF YOUR SR&ED CONSULTANT  

 

While the SRED program has changed and been tweaked over the years, we point out to clients that SR ED claims finance has, in fact, not changed. Yes, of course, a bit more scrutiny is in place around who prepares your claim (‘ SR&ED CONSULTANTS '  are the folks that prepare and attempt to maximize your claim )  sred financing has, in fact, gotten more competitive and creative.

  

YOUR CREDIT IS NOT A GRANT - ITS A REFUNDABLE AND FINANCEABLE RECEIVABLE!  

The actual tax credit itself is a refundable claim, not a ' grant. 'So as such, your claim in effect becomes a legitimate ' account receivable ' of your business, with the client around that receivable being fairly creditworthy - i.e. the Canadian government and its tax credit program. Your claim is filed with your year-end business return, but by the way, clients can fund their request before filing!

 

HOW DOES A SR&ED BRIDGE LOAN WORK?

 

How then are claims financed, and what are some recent innovations in financing SR&ED. Typically your requests are financed at 70% loan to value, and the actual financing is structured as a bridge loan with no payments. When your claim is " finally ' approved by the government, you receive the final 30% of those funds, less financing costs. The benefit is clear - you have  ' cash flowed' your R&D capital investment.

 

CONCLUSION

And oh yes, those recent changes in innovating finance around SR&ED? Many claims that have a good track record in the past can now receive financing before filing your claim for the tax credits.

 

If you are looking to ' fast track '  and cash flow your investment in R&D, seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with red refund claims and a finance strategy and funding that make sense.

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 areas 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. He is an experienced

business financing consultant

.

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 financing 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.


Click here for the business finance track record of 7 Park Avenue Financial

 

SR ED Claims Finance SRED Financing | 7 Park Avenue Financial

Immigration Business Plans For Immigrants & Entrepreneurs

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EMAIL - sprokop@7parkavenuefinancial.com

Immigration business plans reflect the benefit of new entrants into an economy. As an example, Canada has defined processes around its immigration program as it relates to new and existing businesses.  A large part of these business plans revolve around entrepreneurs' ability to start companies and create employment. At 7 Park Avenue Financial, we focus on the document being a key ingredient in successful immigration for business purposes.

 

 

WHAT IS THE DIFFERENCE BETWEEN A REGULAR BUSINESS PLAN AND AN IMMIGRATION PLAN? 

 

Notwithstanding several similarities in a standard plan that might typically revolve around financing, a bank loan, or raising investment capital, the purpose of an immigration business plan is to demonstrate the applicant's ability to work and run a business.  There are unique immigration programs in Canada that are unique in different aspects of immigration as an example.

For example, immigration plans for other countries, the United States, have different requirements under different Visa programs as an example. While a business plan sample might be available, it's critical to develop a plan around the applicant's particular circumstances.

 

 

WHY YOU NEED AN IMMIGRATION BUSINESS PLAN

 

Your business plan is a complementary document alongside the different requirements around place of residence, etc.  Our goal at 7 Park Avenue Financial is to clearly show your business goals, which will help you achieve success in business and Canada immigration or a visa application. That is why financiers and government crown corporations call us.

 

WHAT IS COVERED IN A 7 PARK AVENUE FINANCIAL IMMIGRATION BUSINESS PLAN DOCUMENT?

 

The business plan we will prepare for you focuses on generally accepted key parts of any plan - that includes an executive summary of the applicant and business, business and industry overview, a focus on a personnel plan, and relevant information on the industry and overall growth and sales strategy of your business. Particular focus will be on company organization and reporting and future hiring plans for specific job descriptions.  This document is a recognized way for a company to look forward; we included detailed cash flow projections and an opening balance sheet.

 

Emphasis is placed on your application status, as it is recognized the plan is a critical part of immigration approval for business purposes.  You are looking for a business plan writer who can convey the key requirements of the immigration process in the document.

 

While business experience and management are key in any plan, they are critical parts of an immigration business plan  - therefore, a focus is placed on the products and services of the business, and it's an overall benefit to the consumer and the general economy - specifically as it relates to employment.  Growing a business is as key as starting a company, so that careful thought will go into sales projections and potential growth and expansion areas.  In that way, there is a similarity in plans used outside of the immigration process related to growing a company.

 

 

CAN AN APPLICANT WRITE AND CREATE THEIR OWN IMMIGRATION BUSINESS PLAN?

 

While it's theoretically possible for an immigration applicant to write a business plan, the reality is that a specific skill and knowledge is required around business plan writing and the expertise to prepare such a document. At 7 Park Avenue Financial we are known as business plan experts, and banks and other financial institutions regularly recommend clients to us when a  business plan is required.   We are familiar with the key structure of a plan related to the purposes of immigration, visas, etc.

 

 

 IS THE CANADIAN  PROVINCIAL NOMINEE PROGRAM YOUR GOAL?  

 

This program, aka the ' PNP PROGRAM' allows different provinces in Canada to set our specific goals and needs related to the economy. Because of the diversity within the Canadian economy, there are different requirements under each province of territory. 

 

A ' PNP' focused business plan will focus on the applicant skills and transfer those skills to the economic benefit of the province or territory.  Applicants are required to reside in that particular province to which they are applying with a focused goal of starting or purchasing an existing business.   By the way, ' part-timers' need not apply !... the running of the business on a full-time basis must be the focus.

Other eligibility criteria include personal financial stability and proven business or management of field of interest skills. Different categories of applicants exist - they might include students in the education environment, investors, skilled trades, etc.

The applicant's financial stability, typically document by a net worth statement, must demonstrate the applicant has the ability to fund the business owner's owner equity requirement in that provide or territory.   Additional the focus is on job creation for other Canadians.

In the PNP program, the business plan will carefully detail specific requirements that have been met in advance and the expectations that the applicant will deliver under a particular business model - that model might be a startup financing or the purchase of an existing business. In each case, as an example, detailed financial plans and projections around sales, cash flow, profits, break-even, and ratio calculations, etc will be detailed.  All of them assume the immigrant will be a contributor to the Canadian economy.

In business plans by 7 Park Avenue Financial the use of financial models and projections are a key focus of our work. We ensure your marketing plan is completely developed in the document.  Whether it's financing from traditional banks, government institutions, or those venture capitalists and angel investors we tailor your plan to the specific focus around financing.

The ability to project financial health and attractive financing and investment is ' JOB 1' at our firm. Our track record of demonstrating successful access to finance has been in place since our firm's inception 16+ years ago. Click here for the track record of financing and business plans of 7 Park Avenue Financial.

 

 

 CONCLUSION 

7 Park Avenue Financial wants to help our clients to be successful in immigration and visa needs and our plans will help you ensure success. Canada is recognized globally as an economic success in research, technology, and industry. We are not immigration consultants, we are business financing and business plan experts with a proven track record of expertise - taking our client's concept to a full business plan stage.

 

We customize plans to the guidelines outlined by the government and industry, with a focus on job creation and personnel. Working with our clients and their respective immigration advisors is a clear focus with the end goal 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 areas 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. He is an experienced

business financing consultant

.

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 financing 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.


Click here for the business finance track record of 7 Park Avenue Financial




Stan Prokop
7 Park Avenue Financial/Copyright/2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Immigration Business Plan Consultant

Commercial Bank Business Loans: Evaluating The Need For Your Type Of Bank Credit Facility In Canada

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CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs

The need for a bank credit facility in Canada in Canada arises primarily because business, unfortunately, never goes in a straight line. Commercial business loans and revolving credit facilities satisfy that challenge, but which type (What there are choices?  - Yes, there are! )  of working capital facility works for your firm? When it comes to banks with business loans .. Let's dig in!

 

CASH FLOW IS NEVER A STRAIGHT LINE!

 

As we said, a business doesn't go in a straight line for a couple of reasons - seasonality in some industries, bulges of cash flow needs, and the need to finance current asset accounts such as A/R and inventory.

 

THERE ARE DIFFERENT TYPES OF CREDIT FACILITIES FOR BUSINESS LOAN REQUIREMENTS

 

The business credit line is typically an asset monetization, but it can also be a term loan, cash flow loan, mezzanine facility, etc.

 

WHAT STAGE IS YOUR COMPANY IN?

 

Whether your firm is coming out of start-up mode or in full-fledged growth mode, there is always a need for financing - buying inventory, honouring your fixed payment obligations, and satisfying growth challenges.

 

WHAT ARE THE REQUIREMENTS FOR A BANK CREDIT LINE / BUSINESS BANK LOANS  IN CANADA

 

For a bank credit facility in Canada, several key requirements must fall into place. Key among these is the ability to demonstrate your business is ' cash-flow positive. ‘ Canadian banks take this one step further; they look at historical cash flow, present needs, and future needs. The true beauty of the approved credit line is your company's ability to borrow and repay that line constantly - hence the term ' revolving.'

 

WHY MUST BUSINESSES MATCH FUNDS WITH FUNDING NEEDS PROPERLY?

 

Huge mistakes are sometimes made when business owners use short term credit facilities, i.e. working capital borrowing, to address the need for long term financing - typically equipment, fixed assets, leaseholds, real estate. The bottom line is that that is simply a mistake and can lease to disastrous consequences.

 

  

PROS AND CONS OF BANK CREDIT  

 

No secret that our Canadian banks prefer larger transactions - they come with covenants and tough approval criteria, but the benefits - liquidity, low costs, growth facilitation, and removing the need for more equity are, benefits rarely equalled with other types of financing, many of which are more costly. In the current low interest rate environment business borrowing costs less than ever. Long-term interest rates for term loans and commercial real estate loans and mortgages of course continue to be at all-time lows.

  

BUSINESS LOAN INTEREST RATES CANADA  

 

Real estate needs can also be covered with a variety of commercial mortgage or bridge loan solutions. Variable rate and fixed rate term loan solutions are always available in commercial banking. Business bank terms and conditions require a certain level of due diligence in ensuring you are matching financing needs with the right business credit solution.

 

Online banking covers off many business borrowing needs these days.

 

  

THE CHALLENGE OF THE STARTUP / EARLY STAGE FIRM IN ACCESSING BUSINESS CREDIT  

 

Smaller businesses and startups face a more extensive challenge. Requirements for the business, and owners, include good personal credit histories, no CRA issues, the ability to demonstrate business and personal assets, and quite often a business plan or cash flow forecast.

  

WHY SEPARATE YOUR PERSONAL CREDIT FROM BUSINESS CREDIT NEEDS?  

 

As we explain it to our clients it's often the rising to the challenge of separating your business life from your personal financial life. When things go awry damage can easily be done to the owner's personal credit scores, making it difficult to borrow both from your business or your personal needs - i.e. mortgages, etc.

 

IS THERE AN ALTERNATIVE TO A BANK CREDIT LINE? THE SMALL BUSINESS CHALLENGE

 

Did you know there’s a strong alternative to the bank credit facility? It's the non-bank Asset-based line of credit. Offered by private commercial finance firms, a facility monetizes accounts receivable, inventory, and equipment into one working capital borrowing facility. Depending on the borrower's size and overall profile, it can be equal in pricing to banks, but more often than not is more expensive.

 

  

5 OTHER BUSINESS CREDIT SOLUTIONS   

 

Remember also that various subsets of asset-based lending provide the same type of cash flow solutions for business - they include:

 

A/R Financing (We recommend CONFIDENTIAL RECEIVABLE FINANCE)

Inventory financing

SR&ED Tax credit monetization

Purchase Order Financing

Working Capital cash flow loans

 

 

CONCLUSION - HOW TO GET A LOAN FOR A SMALL BUSINESS

 

If you need assistance to protect your business and asses growth options in evaluating the type and need for a bank credit facility and if you are looking to remove the mystery and enigma in Canadian business financing seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with loans for small business and commercial business loans that are tailored to 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 For 7 PARK AVENUE FINANCIAL website !



7 Park Avenue Financial provides value-added financing consultation for small and medium-sized businesses in the areas 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. He is an experienced

business financing consultant

.

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 financing 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.


Click here for the business finance track record of 7 Park Avenue Financial







Stan Prokop
7 Park Avenue Financial/Copyright/2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank Credit Facility Commercial Business Loans | 7 Park Avenue Financial

 

Do You Need A Business Plan ? Custom Business Plans At Reasonable Pricing !

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CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs

EMAIL - sprokop@7parkavenuefinancial.com

 

 

PROFESSIONAL BUSINESS PLAN WRITING SERVICES AT A REASONABLE COST AND PROMPT CUSTOMER SERVICE

A business plan expert service here at 7 Park Avenue Financial allows you to take your vision and mission and link it to the aim of your business goal. Think of our business plan to utilize the resources available to secure your business future, which in many cases is simply access to Canadian business financing with the help of business plan writers that know what they are doing! 

 

Your final business plan will demonstrate the value that you intend to create. It will demonstrate what initiatives you will take to achieve your objectives, as well as demonstrating the benefits from capital costs and your expenses. A poorly written plan will fail to attract the business funding or investment your company or project requires.

 

ENTREPRENEURSHIP 101!

 

You are looking for a painless way to achieve your business strategy goals and illustrate any appropriate ' what if ' issues that arise in any business around developing market strategies tied to funding needs. Those contingency plans demonstrate your ability to pivot from any events that do not transpire as planned - in essence; it's Murphy's law -..' what can go wrong will..'!

 

We will develop business plans in collaboration with you and ensure that we properly identify the right stakeholders in your business - ie, owners/lenders/suppliers. Your final document will be prepared from the bottom up.

 

 

We're business plan experts at 7 Park Avenue Financial, and we will work closely with you in a defined period of time, ensuring that we properly demonstrate your management skills relative to your target market. If there is a bottom line about utilizing the business plan to secure financing it's our ability to demonstrate to a lender, investor, or buyer that you have paid attention to all the key details of your business.

 

Our executive summary will provide a clear indication of the plan's purpose and identify any business needs around financing or investments to be made. That usually comes about by identifying any challenges the company might face and your attack strategy to fix!

 

Your key objective will be clearly identified and we will demonstrate your ' unique value proposition in a manner that will be key to generating financing and investing. In many cases, your business plan might also demonstrate your business's ability to solve any anticipated problems.

 

 

THE FINANCIAL PORTION OF YOUR BUSINESS PLAN:

 

To say that the financial section of your plan is important is an understatement. Sales / Revenues will be thoroughly tested and the cost structure of your company will line up properly with the sales and financing structure. We will demonstrate that any requests for financing will demonstrate that the company can achieve its objectives, showing the company as ' fully funded'. That, by the way, is the most desirable type of document, as it demonstrates that your company has the financing to achieve its objectives.

For many companies, the current plan is perhaps part of a milestone of several goals of the business - we will demonstrate acceptable progress along the way with respect to your business financial objectives.  That allows your company to go back to lenders or investors and again solicit financing for more future objectives.

 

Our plans will also allow you to deliver information on the appropriate amount of due diligence.

 

In many cases accessing the business capital you need requires a document that is expertly written. The ability for us to deliver a cost-effective plan to your firm allows you to focus on your capital needs.  Understanding the criteria of banks and commercial lenders is what sets us apart from the herd!  Your ability to deliver a cost-effective and lender acceptable plan puts your business just one more step ahead of the competition.  The majority of plans we prepare required some information and cooperation from our clients and we're willing to meet or talk to you anytime, anywhere in order to serve your needs.

 

By the way, 7 Park Avenue Financial is widely recognized as a business financing expert along with our business plans! That means that the banks and commercial lenders we deal with have confidence in our data and market research  - they further understand we are keenly aware of their key requirements for business financing approval - with the right amount of quality emphasis on finance areas such as opening balance sheets, pro format cash flow projections.  Our goal is simple: add maximum credibility to the bank or commercial or alternative lender to maximize access to business capital with carefully crafted repayment. That's job 1 in our business plan writing for your company or project.

 

VALUATION: In many cases, 7 Park Avenue Financial business plans will include if required, valuation date regarding the business based on your industry metrics from both public and private sources of information.  Many of the work we perform for many plans is regarded by many as both an art and a science!  Financial projections, management overviews and your commercial products or services make raising financing much more easier than you thought.

In many cases, our plans are part of an acquisition or management buyout where revenues and expenses must be normalized and forecasted properly.

 

FREQUENTLY ASKED QUESTIONS - F.A.Q.

 

HOW MUCH DOES IT COST TO HAVE YOUR BUSINESS PLAN WRITTEN?/ BUSINESS PLANS CANADA

 

In its role as a business plan consultant, our typical cost for a professionally written plan is between $750.00 - $2000.00 depending on plan complexity, internal and external research requirements. Therefore, lower-end plans for small businesses are very cost-effective - 7 Park Avenue Financial business plans meet and exceed the requirements of banks and commercial lenders.

 

WHAT ARE THE DIFFERENT TYPES OF BUSINESS PLANS THAT 7 PARK AVENUE FINANCIAL PREPARES   

 

Generally speaking, there are a number of types of plans that are required by our clients - that includes:

 

Short plans/ executive summaries

Plans that are part of detailed pitch decks and CIM's ( Customer Information Memorandums)

Financing plans

Each type of plan has a different  amount of work, research and labour attached to it

 

 

 

WHAT ARE THE 5 KEY ELEMENTS OF MOST PLANS?  

 

Generally, each business plan will  have a strong executive summary

A detailed description of the business and how it is structured

Market research on the industry and competitors will be included,

Information on management and key personnel.

Financing Plan/cash flow projections

 

   

WHAT IS A STARTUP BUSINESS PLAN - ARE THEY DIFFERENT FROM OTHER PLANS?  

 

 

Start ups / new business have a unique financing challenge but almost all of the key aspects of small business startup financing are addressed in a similar manner - objective of the business, target markets, competitions analysis, financing and cash flow tables. After 16 years in business and funding over 400 businesses, no one knows more than us that startup funding for small businesses is a challenge for the entrepreneur seeking funding!

 

 

 CONCLUSION 

 

Seek out and speak to a trusted, credible, and experienced Canadian business financing advisor and business plan originator. Our goal is to deliver complete plans that will allow your company to deliver on its marketing objections and help obtain the financing you need to grow your products and services.

 

 

Click here for the business finance track record of 7 Park Avenue Financial / The Consultant Business Plan Expert / Small Business Business Plan / Business Plans For Small Business / Immigration Business Plans/ Expert Business Plans

 

Canadian banks have routinely recommend their clients to us for proper plans for financing purposes. We have numerous success stories for clients who have obtained financing, sold businesses, bought businesses, or merged with another firm. Timing is everything to the 7 Park Avenue FInancial client and typical turnaround times are 7-10 days maximum - that's the type of timing a good business plan writer should deliver on!

Our management team has worked with firms in every industry in Canada, spanning 40+ years of solid business experience - with the ability to access specialized research as well as developing their own unique model of financials, cash flows, etc. - You're working with a business plan writer with experience in delivering pro business plans the market demands.

Timing is everything in business, so utilize our credibility and experience to create a plan customized and tailored to your needs. Creating small business plan solutions on-demand based on your specific needs and writing a business plan to meet your needs is our goal. Let us tie that marketing plan to a professional business plan, written by business planning experts,  as your step toward 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 areas 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. He is an experienced

business financing consultant

.

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 financing 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.


Click here for the business finance track record of 7 Park Avenue Financial






Stan Prokop
7 Park Avenue Financial/Copyright/2021

SR&ED Claims Financing In Canada | Film Tax Credits

SR ED Claims Financing Film Tax Credit Incentives |7 Park Avenue Financial

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Just How Good Is SR&ED Program Claims Financing And Bridge Loans For Movie Tax Credits?

SR&ED Claims financing and the finance of film tax incentives in Canada eliminate the ' victim' part of these two solid government programs.  The        ' victim' part arises when a lot of work and effort and by Canadian business people leads them to ' waiting ' for their claims to be finalized and funded. Let's dig in.

 

CANADA'S 2 MOST POPULAR REFUNDABLE TAX CREDITS FOR FINANCING CONSIDERATION

 

Let's examine some key benefits in financing tax credits under 2 of the most popular programs in Canada -

 

SR&ED (Scientific Research and Experimental Development)

 

Film/Digital/Television Tax Incentives

 

  

CANADA'S SCIENTIFIC RESEARCH AND EXPERIMENTAL DEVELOPMENT PROGRAM - AKA  ' SR&ED"!  

 

Similar to programs in the U.S. the Canadian government funds research via R&D  sr ed tax credits. Here's one case where the ' little guy' often benefits more than larger and sometimes publicly traded companies in Canada. Private ( i.e. not publicly traded ) firms receive billions of dollars of funding in Canada for recovering a large percentage of the monies they spend on salaries, contractor cost and overhead as these relate directly to research.

 

WHY WAIT FOR CASH REFUND UNDER THE SRED PROGRAM - FINANCE YOUR CLAIM

 

While the thousands of firms that receive funding might find their claims a little smaller these days (example: equipment purchases related to R&D no longer qualify) the ' cashback ' benefit of the combined federal/provincial program can't be denied.

  

PREPARING YOUR CLAIM WITH YOUR SR&ED CONSULTANT  

 

Prior to considering SR ED claims financing a tremendous amount of work, and some risk goes into claim preparation for the Canada Revenue Agency. From software firms to mfg companies all across Canada third parties known as ' SRED Consultants ' prepare and file claims. The majority of claims prepared seem to be on a contingency basis, with the SR&ED consultants bearing the risk in time and costs in your claim preparation. In return for that, they typically take a fee of 15-30% of the total claim. Naturally, business owners also have the choice of simply paying for a qualified SR&ED practitioner on a straight fee for service basis.

 

While the government has clearly made things easier for claimants, i.e.

 

  

IT'S EASIER TO FINANCE YOUR SR ED CLAIM  THESE DAYS!  

 

Self-assessment tools to help guarantee approval success

 

Simplified and shortened online application

 

none of that takes the ' waiting' out of your cash refund.

 

FILM TAX CREDITS/ DIGITAL MEDIA TAX CREDITS : KEY ELEMENTS OF FINANCING YOUR PROJECTS

 

Media credits in movies, TV and animation, also under the auspices of federal and provincial programs, take a lot of the risk out of the task of financing projects. Traditional bank type financing is difficult to achieve for smaller independent producers. The complex web of financing a project involves a lot of moving parts:

 

Pre-selling your project

 

Consideration co-producers to complete funding

 

Owner Equity

 

Product placement/sponsors

 

'GAP' financing (a ' bridge' between production and future sales potential)

 

UTILIZE A GOOD FILM TAX CREDIT ACCOUNTANT

 

Have we forgotten anything?  We sure have! It’s the generous film tax credit incentives that monetize a large part of the costs of production of any project. In many cases of 40-50% of a qualified budget can become a tax credit refund to owners. Claims are best prepared by experienced film tax credit accountants - specialized folks who maximize claims.

 

While some might argue there is little in common between producing an animated film versus striving for improvements in software, biotech, mfg, or robotics the one constant is the finance ability of either of these two programs.

 

  

 HOW TO CASH FLOW YOUR REFUNDABLE SR&ED PROGRAM  AND FILM TAX CREDIT CLAIM  

 

While owners can choose to wait for months, perhaps up to a year for recouping funds under either program they also have the option to ' cash flow' their tax credits. 

 

Tax credit loans for SRED R&D TAX CREDIT CANADA  and Media credits are financed very similarly. Bridge loans will advance typically 70% of the combined value of the federal and provincial claim. No payments are made during the loan period. When the government approves and funds your credit you receive the balance of the claim, less financing costs that are typically priced at ' mezzanine ' type rates.

  

CONCLUSION  

 

If you feel you can benefit from the immediate financing of film tax credit incentives and SR ED projects seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in claim finance under the tax incentive program.

 

P.S. Yes, it's true;   claims can also be financed prior to formal submission to government of Canada bodies.

 

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

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7 Park Avenue Financial provides value-added financing consultation for small and medium-sized businesses in the areas 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. He is an experienced

business financing consultant

.

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 financing 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.


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Stan Prokop
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