Balance Sheet Financing Ingredients: All Star Business Finance

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Who Else Wants Balance Sheet Financing ? !

OVERVIEW – Information on balance sheet financing in Canada. Business finance strategies revolve around understand who funding options are available on the balance sheet and info on who provides those solutions

Business financing in Canada will often require a hard look at balance sheet financing possibilities. That document is really a tool to uncover various financing possibilities. When the business owner/ financial mgr knows the power of unlocking and utilizing the balance sheet for finance alternatives a business advantage immediately emerges. Let's dig in.

Apparently it's not a perfect world so it's key to understand what will work and what doesn’t. By the way the ability to value your business in connection with a sale or merger also is a key benefit to understanding the balance sheet. You're then in a better position to benefit from ' all star ' financing alternatives from banks or non bank alternative lenders.

One key way to benefit from knowledge of the balance sheet is understanding that in numerous cases it has the ability to unlock hidden assets and collateral for financing purposes.

Some solid examples of this are utilizing SR&ED finance to monetize a SR ED receivable. The best option in our strategy of monetizing assets is the ability of your company to cash flow items that don't necessarily reflect their true value. That excess liquidation value is the key and is often part of a SALE LEASEBACK strategy. Here unencumbered fixed assets such as equipment or real estate are ' cash flowed ‘.

What does the balance sheet in fact signal to owner/mgr’s, and as importantly, lenders! In some cases that might be an element of risk but in our example it's simply a case of allowing you to understand what those ' BAY STREET ' folks

call ' capital structure'. Simply speaking that's the right amount of debt you can take on versus the amount of owner equity in the business.

Want a better understanding of how a commercial lender will look at your business? Certain basic liquidity ratios such as knowing your inventory turns, receivable turnover, etc allows you to improve your business and negotiate better financing.


It's always important though to understand that the true power of financial statements is the ability to also understand your income statement and how it interacts with the balance sheet.

Key financing solutions around balance sheet finance include:

A/R financing

Non bank asset based lines of credit

SR&ED Tax Credit Monetization

Sale Leaseback/ Equipment financing strategies

Term loans

Inventory Loans

If you're looking to benefit from financing strategies that are probably in use by your competitors seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your finance needs.




Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com


Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com

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 '


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

Business Financing In Canada : Leasing Finance Delivers Asset Acquisition Success

Old School or New School ? Financing the Assets you need in your business !

Information on leasing finance and equipment lease rates and approvals in the Canadian asset financing industry . Business financing includes the need for business owners/financial managers to understand their asset acquisition alternatives

Business Financing In Canada . Are you 'old school' or 'new school' when it comes to leasing finance in Canada. We've always thought there is nothing wrong when it comes to being ' old school ' sometimes when it pertains to business. (In hindsight we would have been a lot smarter in the Dot Com era!).


However, when it comes to maximizing the benefits and business financing availability for equipment lease rates and solutions we are categorically recommending a ' new school ' attitude. Let's dig in.



Trends now show that leasing assets in Canada often approaches 80% of all asset financing in Canada. So why is that the best choice? And are you too late to get into the game? We don't think so - so let’s try and prove to you how you can adopt a more positive asset acquisition strategy when it comes to acquiring your business assets. And by the way, those assets cover everything under the sun these days; including software, computers, rolling stock for your fleet, production equipment... you name it.


The key to being successful in leasing an asset in Canada your ability to have a solid understanding of the lay of the land. What does that do? It allows you to leapfrog barriers, and that’s a good thing.


And when it comes to understanding that ' lay of the land ' you really have only two options - the first being to become an expert yourself, and the other is to rely on expert guidance from an experienced business advisor - and more often than not that advice is ... FREE!


The actual ' boring ' part of lease financing in Canada might in fact be the documentation that comes with your transaction. And some lessors do a great job of keeping this area of the industry boring, and complex... stuffed with all sorts of ' legalese '. Thats why its often critical to take a bit more time on the ' terms ' conditions of any transaction, no just those equipment lease rates which often seem so all important to clients.


Just picking correctly one of the two leas options types that are available to your firm can make you quite ' new school '. And that decision is often not as hard as you think - your choice is simply a ' lease to own' strategy, or a 'lease to use ' strategy. Respectively they are called capital leases and operating leases. So when it comes to the numbers those two lease types can dramatically change monthly payment, lease obligations at end of term, tax and balance sheet treatment, etc.


When you understand your options in lease finance in Canada you clearly have the ability to become ' new school '. When you understand the many advantages of asset financing this solution becomes the de facto alternative for acquiring assets for your company.


Which School Do You Attend When It Comes To Leasing Finance ? Old School Or New School ? It’s Not Too Late To Become New School In Canadian asset finance . Speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in your departure from ' old school '!




Stan Prokop - founder of 7 Park Avenue Financial –



http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com

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 '

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

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


Stan Prokop

Asset Based Lender Solutions: Journey To The Center Of Non-Bank Receivables Financing

The Reviews Are In : Asset Based Lending Is A Hit!

OVERVIEW – Information on asset based lender solutions in Canada. Receivables financing is a cornerstone of asset finance for cash flow and working capital needs in Canadian business finance

Receivables financing in Canada is in somewhat the crown jewel of the asset based lender. We're taking you to the center of non bank A/R financing. Let's dig gin.

Asset based lenders are almost always ' business to business ' type lenders for working capital and cash flow financing needs for almost every size of business - from startups to sizeable corporations. The financing that these firms provide allows your company to consider almost all options - that includes:

Growing your business

Expanding into new products/services and geographies

Engineering a turnaround

Refinancing

Companies that typically manage their A/R well are also more inclined to take advantages of supplier pricing/discounts and are viewed more positively by trade creditors. A solid receivable financing solution will allow your company to do that.

Why do thousands of businesses seek and utilized the services of an asset based lender that specializes in A/R solutions. One of the most common reasons is their company's inability to access traditional bank financing. Owners are typically reluctant or unable to access additional equity financing that might be used to bolster cash flow.

One key aspect of a non bank A/R financing solutions is the fact that a full facility will also include combining inventory and fixed assets into that same credit line!

These solutions typically do not compete with banks as they are taking on more and different assets in an entirely different manner when it comes to margin calculations and borrowing limits. The asset based lender typically advances 90% of A/R as well as higher margins on both inventory and equipment which become part of that new borrowing facility.

Non bank lenders also have the reputation of being timelier on approval. It is critical to note that in almost all cases the typical asset based borrower has a goal to migrate back to traditional banking.

While bank credit lines typically tend to have fixed credit lines and yearly renewals the true beauty of receivables finance from asset based lenders is the flexibility to grow the facility almost instantly as sales and working capital assets grow. Simply speaking these facilities fund growth!

What do asset based lenders look at when it comes to approving and setting up such facilities. Key issues include:

Cash flows within the business

The ability of the company to report on financial performance - i.e. monthly financial and aged schedules of A/R and a/p

Government sources deductions being paid (Note - in numerous cases asset based lenders will construct financing to handle and payout CRA arrears)

Profitability (or the road to profitability)

Asset lenders put appropriate controls in place to make sure credit facilities are properly controlled.

Bottom line, its official - Asset Based Lending is a hit with companies of all size and financial position in Canada. Seek out and speak to a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can help you put working capital/cash flow solutions in place that match your firms borrowing needs.



Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com


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 '


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

Business Loan Funding In Canada : One Step Closer To The Right Financing & Lenders

Financing Your Business : Not A Scientific Mystery

OVERVIEW – Information on business loan funding in Canada. Financing via the right lenders is your Job #1

Business loan funding in Canada shouldn't be some sort of ' scientific mystery ' when it comes to choosing and properly accessing the right financing from commercial lenders, including Cdn chartered banks. We're putting you one step close to the right finance solutions for your business. Let's dig in.

It shouldn't be a secret that successful business financing is in fact a process that requires a solid understanding of your current finance structure as well as knowing which equity, debt and asset financing/monetization strategies work for your firm. We're focusing on debt and cash flowing/financing your assets - the equity challenge is a whole different kettle of fish.

The basic challenge around taking on new debt or loans is that if done improperly the problems that arise from that impact your ability to run and grow your business. In certain cases, in fact most of the time there are conditions, covenants, and personal guarantees that impact the behavior of both owners and their financial mgrs.

When you take on any secured debt it's important to focus on your comfort level around repaying any loan from your cash flow. Naturally assets secured under that financing are the collateral for those loans and are subject to any default scenarios.

That brings us to the solutions provided by unsecured loans. These loans come with no tangible security but are of course more costly and present challenges to both borrower and lender alike. A good example of unsecured loans is the area of ' mezzanine finance ‘, essentially unsecured cash flow loans.

As we've maintained it's no ' scientific mystery ' around securing business financing. Your request comes with some basic requirements, typically a business plan or strong executive summary, financial statements, and a cash flow forecast. The critical requirement in a cash flow forecast? It's showing how the loan will be realistically repaid. Certain loans and types of financing are well suited to buying/merging with another business. Here's it essential to show the combined strengths of the new business.

What in fact will lenders look at when it comes to getting you ' one step closer' to financing approval? They will in fact look at:

Assumptions/forecasts
Operating efficiency of the business
Asset levels/ quality of assets

In certain cases third parties such as appraisers of business valuators might be involved in certain finance transactions, especially if your financing needs are larger.

A final word? Simply that it's critical for owners/mgrs to understand how different loans and asset financing/ cash flow financing work. There are numerous differences in how the following types of solutions can help you run and grow your business -

A/R Financing

Inventory Loans

PO Financing

Short term cash flow loans

Franchise Loans

Equipment Financing

Asset based lending

Non bank asset based business credit lines

SR&ED Financing loans

Unsecured cash flow loans

Bank lines of credit / term loans

Looking to get one step closer to the right type of financing for your company? Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your business loan funding needs.




Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :

http://www.7parkavenuefinancial.com

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 '

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

Government Loans & SRED Financing Are 2 Business Loan Solutions You Shouldn’t Ignore

Free Money ? Not Really , But Is Your Company Acing These Two Government Financing Solutions?

OVERVIEW – Information on government loans in Canada. SRED Financing and the govt guaranteed small business loans ( not ‘ small “ anymore!) could be are great funding solutions for your company

Business Loan needs ? Government Financing ? We’re often asked by customers if there are grants and loans available for their business in Canada. On many occasions these firms are either a start up or pre-revenue. There is a general belief that there is 'free money' out there, and people are trying to find it! I categorically believe there is no free money available - if that was the case can you just imagine?!


However, there are some excellent programs, two in particular, that in our opinion are the two best government programs for Canadian business in the SMALL MEDIUM ENTERPRISE ' SME' sector.


The Canadian government has allocated hundreds of millions of dollars into what is known as the CSBF Loan program. The government provides a lot of data at its website around the availability of the program, how it works, and who is eligible.
While some of the information might seem overwhelming there is a lot of assistance available. For the purposes of this article we will share that the program is available to all new or established firms with revenues under five Million dollars. We note also that the program does not apply to publicly listed companies.


Most people that are familiar with the program might not know that in the current 2009 world economic crisis the government increased the amount of these loans to $ 350,000.00 and in some cases $ 500,000.00. Yet recently the funding amount has been increased to $1,000,000.00.
How can you qualify for the program, and, more importantly, do you qualify?


Customers need to review the classes of assets that can be financed. The true power of the program is that the rates are only 3% over prime, currently in the 5% range. Terms of repayment are 5-10 years, and, are you ready, a full personal guarantee of payment is not required!
Typically these programs are used by companies to acquire assets, improve their business, purchase or develop software, and even in some cases buy real estate.


Do Canadian business owners know that the government can assist them in purchasing business real estate with limited guarantees and great rates and terms? We don't think so!


If business principals feel they are adequately prepared to source out this programs financing power we strongly recommend that they begin this process. However, not everyone has the time, financial skills or acumen, and the ability or comfort level to complete this financing.
Those people should seek out the aid of a trusted advisor and business financing expert in order to maximize their participation in the program.
Let's get back to free money! Does it exist? Again, not really. But would you like to receive a check from the government for any processes, research or innovation that your firm has developed? If so you want to maximize your participation in the governments SR ED tax credit program.


If your company needs assistance with SR&ED financing solutions and / or the Govt Guaranteed Small Business Loan seek out and speak with a trusted, credible and experienced Canadian business Financing Advisor with a track record of success who can assist you with your finance needs.




Stan Prokop - founder of 7 Park Avenue Financial –

http://www.7parkavenuefinancial.com

Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :
http://www.7parkavenuefinancial.com


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 '

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

Accounts Receivable Financing In Canada : Winning The Receivables Loan Game!

Is A/R Financing A World Of Pain? Not Anymore!

OVERVIEW – Information on accounts receivable financing in Canada. Does a receivables loan make sense for your firm . A/R Finance via a factoring or a Confidential AR funding solution

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Accounts receivable financing needs often can bring a ' world of pain ' into the life of your business. How does the owner/financial mgr overcome that challenge of receivables loan funding? We think we've got it down pat.

Part of the challenge in this critical area of business is knowing who in fact carries the solution to your business financing, working capital and cash flow needs. The reality? It's one of three possible finance providers in this area of Canadian business financing.

The players? They are:

Canadian chartered banks

Commercial finance companies

Insurance companies (Larger deals - often labeled ' securitization’

In many instances ' size matters' and the actual size of your facility will dictate a more probable solution,


One of those three entities has the solution for your needs, at a cost and structure that make sense given the financial health of your business. The concept? It could not be simpler - a continuous advance against a per cent age of your A/R.

Want to feel relaxed? That relaxing feeling, when it comes to A/R finance revolves around the owner/mgrs wish to bill and collect their own receivables. Banks and insurance firms will of course let you do that, but many commercial finance companies will insist on some sort of lock box or notification to your clients of their financing process.

The solution? Confidential receivable financing, allowing you to bill and collect your own accounts while funding your sales on an ongoing basis.
Naturally the overall financial strength of your firm will dictate which solution is most attainable

Companies with stable or growing sales and reasonable A/R quality are the best candidates for business credit lines and factoring solutions.

What issues should the business owner/financial mgr be prepared to investigate, address and discuss when contemplating a financial solution. They include:

What formula will be used to calculate monthly borrowing capability?

Interest rate or financing cost

Miscellaneous fees

Collateral

Ratios or covenants


There's no question that if your sales revenues are growing your need for a business credit line via accounts receivable financing will strongly emerge. The positive cash flow generated from these funding solutions will help you grow future sales and hopefully profits.

Looking to win at the receivables loan game? Choose to eliminate that world of pain we talked about and 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 A/R finance needs.


Stan Prokop - founder of 7 Park Avenue Financial –
http://www.7parkavenuefinancial.com
Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years - Completed in excess of 100 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info & Contact Details :

http://www.7parkavenuefinancial.com

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 '

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