Gov’t Guaranteed Loans In Canada : Winds Of Change In The Government Small Business Loan

The Great , The Good, And The Bad & Ugly On Changes In Government Small Business Loans

OVERVIEW – Information on recent (relatively !) changes in the government small business loan in Canada . Gov’t guaranteed loans provide solid business financing for thousands of businesses from start up to SME

The government small business loan has been, and continues to be a benchmark in start up and small business financing in Canada. Govt guaranteed business loans have had some changes, so it's time to ' plug in ' to these changes and how they impact the financing benefits of this program. Let's dig in.

Have you heard about those ' winds of change '

in ' SBL’ small business loans in Canada? The ' great ' news is that the fundamentals and purpose of the program clearly do not seem to have changed. That's probably recognition by INDUSTRY CANADA (they sponsor and manage the program) that the SME COMMERCIAL FINANCE sector in Canada generates a huge portion of employment, revenues, and... oh yes ....taxes!

So for over 50 years the program has delivered solid financing for businesses in all industries. Fundamentals of the program include the opportunity to start, grow, and expand your company. In many cases these loans are a direct substitute that our clients would normally not be able to successfully receive under ' traditional ' bank financing criteria. Those criteria are all too well known to the entrepreneur who arrives ' plate in hand ' looking for business financing or expansion capital.

Those winds of change that have entered the program do not affect the basic fundamentals - financing is available for start ups or established businesses with less than 5 Million dollars in projected or actual revenues respectively .

Assets that can be financed include equipment that is either new or used, or leasehold improvements to leased / rented premises. It's important for the business entrepreneur, financial manager to understand that those equipment categories are extremely broad. It includes rolling stock, such as trucks or other vehicles, computer, telecom, and application software, and even the ability to finance a franchise.

What can't you finance under a government guaranteed SBL loan? That's the painful news we often have to deliver to clients to have exhausted other financing options - that includes goodwill, credit lines, fees to purchase a franchise, or R & D costs in developing a product. ( Note - use the SR&ED program to finance and cash flow your research and development - these credits can be financed also ).

So what about those ' changes ' to the program? Although banks are chartered to fund and administer the program the bad news is that different banks tend to, by law, interpret the program differently.

Recent legislative changes to the program include the ability for fees to be charged by the bank, as well as personal guarantees to be required on a case by case basis. (Traditionally only 25% guarantees were required). We suppose those are the ' ugly ‘(as deemed by the borrower) portions of changes under the program.

If there's a bottom line it's certainly that most top experts agree that the Canada Small Business Loan program is still a clear winner for start up, franchise, and growth financing in the SME sector. 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 obtaining govt backed loans that meet your requirements.







Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :





Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:

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

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

Stan Prokop

An ABL Revolver Credit Facility : Reasons To Consider This Business Credit Line

Which Of These Business Credit Lines Would Your Company Choose


OVERVIEW – Information on the business credit line knows as the ‘ abl revolver credit facility . Asset based lending is a solid alternative for these reasons provided

Business credit line solutions in Canada actually, believe it or not, come with choices. One choice is the ' ABL ' revolver credit facility; it’s the cornerstone of ' Asset Based Lending ' in Canada. What then are the reasons that Canadian business owners / financial managers choose this finance solution? Let's dig in.

The crux of the matter in ' ABL ' credit is really understanding the differences between other financing options and how it's used in a variety of circumstances. While the majority of companies seeking this method of credit line asset financing do in fact qualify it’s important to understand how the facility is structured.

One of the main good news pieces in ABL revolving credit lines is that they are ' covenant light ' ; business isn't always good news though and some aspects of this type of borrowing includes typically higher borrowing costs as well as the need to provide more ongoing reporting information around ' assets ' .

A good way to define the difference between asset based credit lines and traditional Canadian chartered bank solutions is simply understanding one is very ' asset based' , while the other is very ' cash flow ' based, the latter being of course the bank offering . It's that ongoing focus on borrowing on all your assets under one facility that distinguishes the asset based revolver. Rightly or wrongly the banks our banks don't really look at it that way.

In almost all cases asset backed lenders have a lot more ' asset ' expertise, which one top expert calls ' predictable ' financing. Where banks look at historical, present and future cash flows the asset backed credit lender it’s your A/R, inventory and fixed assets that form the substance of your credit line.

Probably the best example we can provide to clients around why an ABL credit line revolver makes sense is the fact that growing sales places huge pressures on working capital investment, The result? Just when you need credit line financing the most is when bank ratios and operating cash flow ratios limit your company borrowing!

Talk about a double whammy of bad news.







So who uses Asset backed financing solutions? Some of the largest companies in the world actually, its just not generally advertised. For the larger facilities for companies that have good credit ABL solutions pricing is often even better than bank financing, but that certainly doesn't apply to SME Commercial finance borrowers.

So which credit line solution makes sense for your firm, a traditional bank facility or an asset backed ABL revolving credit line? 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 making the right choice.



Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN ASSET BASED ABL CREDIT LINE EXPERTISE






Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:

7 Park Avenue Financial

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

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

Stan Prokop

SRED ( SR&ED ) Loans : Don’t Be Out Of The Loop On SR ED Refundable Tax Credit Financing

A Beautiful Marriage

Of Cash Flow & Tax Credits : The SR&ED Loan Works

OVERVIEW – Information on SRED loans in Canada . SR ED refundable tax credit financing cash flows r&d expenses , accelerating working capital your firm has spent on research and development for future growth and profits and market domination

SR ED refundable tax credit financing could well be called the perfect marriage of cash flow and the maximization of government tax credits for research in Canada. These ' SRED LOANS ' help to power the economy in a number of ways - which is of course why the Canadian government provides billions of refunds each year to qualified claims. Let's dig in.

We're the first to admit and agree that even the name of the program is a bit too fancy and might well turn off many applicants. (SCIENTIFIC RESEARCH AND EXPERIMENTAL DEVELOPMENT ... aka ' SRED'!) That conjures up men and women in white coats, labs, etc. Yet the reality is that thousands of firms in almost every industry in Canada regularly successfully file claims for those billions of dollars we've mentioned.

Cash flowing your claim simply maximizes , and accelerates recovery of funds for eligible applicants, typically private companies and partnerships .Many business owners and financial managers who either are not fully aware of the program, or a just misunderstand it somehow feel they need to show profitability , or other forms of credit worthiness to both file and finance their claim .

The fairly technical work in preparing a claim is usually handled by a SR&ED consultant. These folks prepare the majority of claims and having a credible / experienced consultant is one key factor that enhances the finance ability of your claim. Its qualified consultants that both maximize a claim, add credibility to their approval from Canada Revenue, and, as we noted help the financing approval.

The total cost of preparing and financing a SR&ED tax credit filing are two separate matters. Preparation consultants typically work on a contingency fee, although fee for service preparation is absolutely available also. We've observed business owners appear to prefer consultants on contingency because these folks absorb all the time and financial risk involved in filing a claim.

SRED Loans are usually ' bridge loans ' - your company receives 70% of the total claim as a cash flow loan - no monthly payments are made in the interim period while you are waiting for claim approval. That other 30% of your funds? You receive it as soon as the claim is approved and funded by the govt, less financing costs.

One top expert analogizes your SRED claim to a well executed high school class experiment

that’s well documented and supported.








Our final point today? Simply that if you're not familiar with either the program itself, or the financing of your claim 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 that beautiful marriage of cash flow and govt refundable credits.


Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN SR&ED TAX CREDIT FINANCING LOANS EXPERTISE




Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:
7 Park Avenue Financial

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

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

Buying a Company In Canada : Business Purchase Finance Problems Are Solved Like This

Can Buying A Company In Canada Be Easily Done ? Acquisition Financing 101

OVERVIEW – Information on buying a company in Canada. These business purchase finance solutions , tips and tricks will make your acquisition successful

Buying a company in Canada may be an easier process than you might think... if you're aware of certain financing and valuation pitfalls that many purchasors either don't know about, or worse, choose to ignore. Let's dig in.

In many cases it safe to say that that amount borrowed to fund the purchase will often dictate different levels of complexity. Many businesses in Canada that are under the 5 Million dollar range in annual revenue can actually be accomplished with the government ' SBL ' loan.

Here though the loan cap is $ 350,000.00 so that again dictates that in some cases additional financing strategies on top of that loan might be required. In our experience many franchises are well suited to purchase under that 350k cap. And by the way the general terms and conditions of that loan are very competitive and attractive.

If you are borrowing from a bank, a commercial finance company, or even with some level of seller participation ( aka ' the vendor take back ' ) there are some solid ' top up ' financing solutions available . They include equipment financing, cash flow loans - secured and unsecured, working capital term loan debt, asset based credit lines, and even monetization’s of SR&ED research credits if in fact they exist on your transaction.

While many prospective business purchasers focus on taking on debt or monetizing assets of the business in question they often overlook the fact that a significant amount of cash flow

can be generated by better management of company assets. You would be surprised at how improving A/R turnover, turning inventory faster and managing payables better will improve cash flow.

When buying a business study ratios of DSO, Inventory turns, and a/p days outstanding. They will give you a strong sense of where there is room for improvement. Over all this new found cash flow will limit some of the ongoing working capital you need.

Valuing the fixed assets will also maximize financing potential, and this is typically done via the services of a third party appraiser selected by yourself, or more commonly the lender.

No issue in Canadian business financing could generate more discussion with your lender than the dreaded ' Personal Guarantee '.

While every situation will differ it's safe to say these are negotiable to a certain extent if the overall optics of your purchase are positive.

Purchaser and seller may well wish to consider a vendor take back of some sorts. While sellers can often demand a higher purchase price in this area buyers have the comfort of knowing they have secured some additional ' financing ' with someone who is very incented for you to succeed!

The absolute fundamentals of buying a company and arranging business purchase finance include having a solid business plan, good cash flow projections ( conservative is better!) and ensuring that in some manner you as a buyer have some personal equity in the transaction . It's the proverbial ' skin in the game'.

When it comes to that cash flow carefully consider realistic revenue expectations and your ability to collect client receivables in a timely manner. Building in the need for future asset purchases is critical also.

Both buyers and sellers can benefit from the use of an outside advisor when it comes to actual valuation of the business. Tax issues around asset vs. share financing, earn outs, goodwill, etc can be complex.

Would a co-pilot help?

Consider seeking out and speaking to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success
who can assist you in making more complex financing issues easy to understand.. and accessible.





Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :

7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS PURCHAES FINANCE EXPERTISE





Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:

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

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

Stan Prokop

Financing For Buying A Business In Canada : Unlocking The Not So Secret Book Of Rules

Looking For That ‘ How To’ In Business Acquisition Loan Finance ?

OVERVIEW – Information on available financing for buying a business in Canada . What issues affect finance success





Financing for a business purchase in Canada has some entrepreneurs, business owners and other professionals wondering if there is perhaps a secret book of rules

to success in this aspect of Canadian business financing. We're claiming to have a copy of that publication, so let's dig in!


One key issue in all the work that goes into purchasing an existing business (or even a franchise) in the Canadian marketplace is the necessity to start the financing strategy of your purchase well in advance of any final formal undertaking or offer you might make.

While the current business credit markets are certainly much better than they were post 2008 - 2009 recession one key issue is the amount of personal equity or down payment required by any bank or other commercial lender. (Yes there are non bank options for financing your business!)

Typical sources of financing for buying a business in Canada include:

Canadian chartered banks

The government crown corporation bank

The Canadian govt (via the govt guaranteed Small business loan)

Commercial finance companies

Asset based lenders (this might include an equipment leasing /refinancing component)

At the higher end of the food chain are private equity groups and VC's

which arent really our focus in today’s discussion - primarily because they are equity players, not debt/loans/asset monetization

It is though important for business owners/entrepreneurs to understand the key difference in a debt versus equity final solution - that being simply that any equity financing you could come up with dilutes your ownership and often control in the business

When people source home and personal financing they encounter the recommendation by many to get ' pre - qualified '. This suggestion carries over well into buying a business, as its key, just as it is in your personal financial situation, to demonstrate asset, cash flow, and information on the company/business. Knowing the amount you need to borrow to run, operate and grow the business is also key. This type of business opportunity always requires a contingency plan, as Murphy’s Law is well known in business! (What can go wrong ... will)!

Assessing on going working capital needs is critical also. We have met and worked with many clients who made that proverbial follow up call (we’ve hit a cash flow crunch -help!)

While there might be a all inclusive ' how to ' in buying an existing business or franchise in Canada it might be well considered to seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you unlock some of those secret rules to business purchase success.





Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS PURCHASE FINANCING EXPERTISE


Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:

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

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '

Stan Prokop

Financing A Business Purchase : It Pays To Follow This Business Valuation Advice

The Upside Of Financing A Business Valuation Well


OVERVIEW – Information on financing a business purchase in Canada . Business valuation factors and how you interpret and use them have a key role in buying and selling a company successfully

Financing a business purchase in Canada comes with one major requirement - needing to know certain aspects of business valuation and how some of key factors in that process will affect your ultimate success in buying or selling a business. Let's dig in.

Why would business owners / entrepreneurs take on more risk, in effect gamble on buying a business? Many of course feel that that route actually eliminates risk of financial loss if only for the reason they are buying an existing business. Knowing how to finance that purchase (if you're the buyer) or how to maximize benefits of final valuation are key. We'll look at some key issues here from the viewpoint of both the buyer and vendor.

There are some, let us call them ' soft factors ' in purchasing and financing a company if you're the buyer. Although lenders might not necessarily address these issues with you directly we can assure you they are looking at things like your management and industry experience , external economic conditions within your industry, and the potential finaceablity of your sale at a price you and a seller have agreed on.

Other miscellaneous issues (they might not be that miscellaneous) include some due diligence around premises and licensing issues, any environmental concerns, etc. If real estate is part of your transaction almost no traditional finance solutions can be brought to bear if there are environmental /contamination issues.

Naturally the method the seller and buyer have chosen to ' value ' the business affects the financing you need to consummate the deal. That number can vary differently if you have chosen one business valuation alternative over another. These methodologies are a classic bit of art and science and may include:

Return on investment required by the owner

Cash flow analysis (these must be realistic) Here you need to understand past and future working capital requirements

Book values of assets - In many cases either buyer or sell will want to have these appraised

Any business lender, whether it be a bank or a commercial or alternative lender will want to see some key documents around the purchase and sale. They include:

The actual sale agreement itself

Existing financing that is in place - e.g. bank security, leases, contracts, etc - These are typically verified by lenders by checking govt PPSA filings showing secured lenders and what collateral they claim

Up to date financial statements / tax filings


If you are buying a franchise you will of course need permission from the franchisor

In many business purchases a lot of adjustments happen after the sale. They might include which party collects the outstanding receivables, who keep cash on hand, value of inventory that is on hand at closing, and final payments due on leases, utilities, etc.

Whether you're the buyer or seller knowing how to sell or finance a business purchase is key - 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 business valuation finance needs.


Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com
Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :



7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCING & VALUATION FINANCING EXPERTISE










Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:
7 Park Avenue Financial

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

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com

The Sale Leaseback Transaction - From The Lessor.. and Lessee's Perspective

We're a frequent contributor to CANADIAN EQUIPMENT FINANCE MAGAZINE . Here's our published article from the JULY / AUG 2014 issue - To check out this great magazine for borrowers and lenders and other finance professionals see: http://canadianequipmentfinance.com/
Our article is on Page 16 of this issue : Here it is


SALE LEASEBACK TRANSACTIONS IN CANADA

The Sale Leaseback transaction in Canada. How can this unique aspect of asset financing in Canada be utilized for maximum benefit. Some might say that it depends on which side of the transaction you are on - borrower, or lender. From our perspective it's a two way street. Properly executed for the right reasons it becomes... excuse the sometimes over rated term... a win / win.


Let's examine some key aspects of leaseback transactions for 2 major asset classes - Equipment and real estate. From the lessee's perspective it’s all about access to alternative capital without giving up use and long term ownership of key assets. In recent years many companies and even financial institutions have focused on shedding ' non core ' assets as a method of employing capital for maximum ROI. A good example? Witness Canadian banks employing the lease back on prestigious bank office towers.

Fundamentally the transaction is simple - Sell and asset to a third party, leasing it back with the option or ability to repurchase it at the end of the lease term.

What then is achieved from the borrower’s perspective? As we have noted it's a redeployment of capital into other areas of the business. Depending on the value and original structure of the transaction this method of financing can affect key operating and capital ratios - they include debt / worth, current asset ratios, etc.


Borrowers consider leasebacks for working capital, technology upgrades; in certain cases it might be prudent to structure a transaction as a term or bridge loan based on specific issue surrounding the deal.

Financing rates play a key role in the overall background to any transaction of this king. Taken into effect must be any original financing remaining on the asset, current rates, and any tax effects related to the deal.

Many owners and financial managers in any company considering a lease transaction are often confronted with ' pride of ownership ' issues which must be properly rationalized. And looking at it from the lessors perspective it is clearly important to ensure the transaction is not viewed as the proverbial ' cash grab '. Simply speaking it is prudent for the lender to satisfy itself around proper use of the proceeds of the deal.

We note that not all lessors, banks, etc offer leaseback financing. In some cases their charter prohibits any financing of this type. In other cases owner/management at a lending institution has simply decided they don't the expertise or risk appetite revolving around a lease back. Charters of many organizations often specifically prohibit this method of refinancing. Niche players in the industry often include firms that have both financing and asset expertise - with many firms have key personnel with in depth liquidation expertise in all categories of assets.

Rates vary on this method of financing, and it should be no secret that the ever present issues of ' credit quality ' and ' asset quality ' are ever present in any transaction of this type.

Some other considerations for borrowers might include the ability to return capital to owners and shareholders. Management that typically might be incented by key ROI and ROI metrics often look to sale leaseback of assets as a method of ensuring attainment of corporate objectives. When refinancing interest rates align with corporate capital conditions for a sale leaseback are viewed as favorable.

Lessors have the potential ability to offer both capital and operating leases as part of their financial offering in this segment of asset finance. Technology lessors make maximum use of the operating lease vehicle - allowing clients to maximize operating expense deductions, balance sheet enhancement, etc.

We've focused mainly in key benefits and consideration of the borrower. From the asset lenders perspective lease back finance offerings necessitate marketing, legal, and due diligence expertise. Lease contracts must be specifically designed to reflect the essence of the lease back. Key issues such as corporate searches and PPSA issues must be tabled and addressed at the start of any negotiation. In essence the leaseback must be properly ' papered ' to reflect the asset and the financial obligations of the lessee.

As noted asset valuation for purpose of refinancing is key. It becomes prudent, almost mandatory, to engage asset appraisal expertise as the cornerstone of any successful transaction. Different asset categories have different intricacies

The proliferation of information via the internet has greatly assisted owners and lenders in determining true asset value for the purposes of refinancing. Market data on almost any asset can be extremely valuable in initial negotiations around deal value and risk pricing... and these days that data is literally up to the minute. Solid appraisals can significantly benefit key issues such as book value, fair market value, impairment, etc


Key aspects of any appraisal include opinion, value, methodology, assumptions and pictures or videos.

We've observed over the years that many lenders rely solely on relationships they have built with specific appraisers. This is much to the chagrin of the lessee who has recognized the needed for a third party valuation, only to find that the appraisal firm they used is not recognized by a commercial lessor or bank. Bottom line? Money spent... unwisely!

By the way, safe to say also that we have never run into a situation where owners of assets have undervalue an asset in their own mind! That comment specifically relates to a key technical issue in asset valuation - i.e. the type of appraisal that is utilized or required by the lessor. Key categories in this area are fair market value, orderly liquidation, and forced value liquidation. By the way, lessors typically lend against a per centage of forced value, thereby highlighting the difference in owners perception of true asset value



The real secret to proper refinancing via a sale leaseback strategy is due diligence as the lender and an informed borrower / lessee around the leaseback process. That final decision, whether you're a lender or borrower will become a much easier one, and absent of surprises.



Stan Prokop - 7 Park Avenue Financial :

http://www.7parkavenuefinancial.com

Business financing for Canadian Firms , specializing in working capital, cash flow, asset based financing , Equipment Leasing , franchise finance and Cdn. Tax Credit Finance . Founded 2004 - Completed in excess of 90 Million $ of financing for Canadian corporations . Info /Contact :



Have A Question /Comment On Our Blog Or Canadian Business Financing Alternatives ?
CONTACT:
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Office = 905 829 2653



Email = sprokop@7parkavenuefinancial.com


' Canadian Business Financing With The Intelligent Use Of Experience '