Computer Financing & Leasing in Canada : How Much Do You Really Know?

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Looking To Eliminate Computer / Tech and Software Financing Anxiety For Your Business

– Here’s How !

OVERVIEW – Information on how computer leasing and financing strategies in can benefit your technology acquisitions and how to finance properly with operating or capital lease options, as well as project financing and software finance options

Computer leasing has many companies not fully understanding all the benefits that come for financing your technology, telecom and software needs. Let's dig in.

We're discussing the acquisition and financing of computers and technology in a couple segments of your business. . The proper term for this type of financing is ' Technology lifecycle management '. That's what the pros call it - our customers keep it a bit simpler: ' Should I buy or lease my firm’s new computers and software and related products and services? ' !

Two old adages related to leasing still ring true when it comes to the technological aspect. That is that business should finance something that depreciates, and companies should buy something that appreciates in value.

Most business owners and consumers as well know very well that computers depreciate in value. Systems we paid thousands of dollars for years ago are now hundreds of dollars. Walk into any ' big box ' retailer and see the dramatic moves in technology.

Business owners who finance technology demonstrate a higher level of cost effectiveness. The company wants to reap the benefits of the technology over the useful life of the asset, and, importantly, more evenly match the cash outflows with the benefits.

Leasing and financing your technology allows you to stay ahead of the technology curve; that is to say you are always using the latest technology as it relates to your firms needs. Also you're minimizing cash outflows as they relate to the spending you incur on computers, software, etc.

Businesses that lease and finance their technology needs are often working better within their capital budgets. Bottom line: You can buy more and buy smarter!

Many companies that are larger in size have balance sheet issues and ROA ('return on assets ‘) issues that are compelling. They must stay within bank credit covenants and are measure often on their ability to generate income on the total level of assets being deployed in the company.

Lease financing allows those firms to address both of those issues. Companies can choose to employ an ' operating lease ' structure for their technology financing. This is more prevalent in larger firms, but works almost equally as well in small organizations.

Operating leases are ' off balance sheet '. The firm adopts the stance of using technology, not owning technology. The lessor/lender owns the equipment, and has a stake in the residual value of the technology. The main benefit for the company is that the debt associated with the technology acquisition is not directly held on the balance sheet. This optimizes debt levels and profitability ratios.

At the end of those operating leases, which are usually 36 months long, the customer has the option of:

1. Returning the equipment
2. Buying the equipment (not likely though)
3. Negotiating an extension of the financing for continued use of the computers, technology, etc.

Companies that have recently acquired computers and technology can in fact negotiate a' sale leaseback ' on those same assets. This financing strategy brings cash back into the company , as the firm has employed a leasing and financing strategy building on our above noted them - using technology, not owning technology .


So, our benefit summary to date is:

* The company can stay ahead of the technology curve

* Computer leasing and financing has significant balance sheet and income statement benefits

* The firm has flexibility with respect to buying new product, returning existing technology, and generating cash flow for purchases already made

Many of the benefits we have discussed relate to leasing in general. However, technology and lease financing are very perfectly suited to the business financing strategy of leasing

Working capital saved on computer leasing and equipment leasing in general allows a company to use that capital to grow revenues. Depending on which types of leases are utilized there are also tax benefits associated to leasing.

With the current focus on the environment customers can work with their vendor to return unused equipment at the end of the lease for proper ' green' disposition. Speak to a trusted, credible and experienced Canadian business financing advisor who can provide you with the best strategies on computer leasing and financing.





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 100 Million $ of financing for Canadian corporations .







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

Why Does My Lender Need a Business Plan?

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Many business owners or budding entrepreneurs are taken aback when their lender asks ( or insists ) on a business plan. Why do lenders need this document?

Lenders view the plan as having forced the business owner or entrepreneur to look carefully in a critical way into their business project. They feel that if the company needs to grow or be successful such a document will guide the business person to their goals. Ultimately the plan is a concise document which in effect communicates the business persons ideas to the lender.

In theory the business plan should identify areas of weakness or strength. If truth were to be known of course business plans tend to accentuate the positive. The writer of this article has a favorite saying - ' I never met a pro formal financial I didn't like '!

More about that last comment later, but suffice to say that in theory a good document geared towards financing should balance both the positive and negative aspects of the business and its financials. A solid business plan geared towards a lender will show you have ways of solving some of the business challenges raised in the business model and it's proposed financing.

We all know that stat's - half of new businesses fail within the first two years, 90 % within the next ten years. Why is that the case. Business guru's tell us its lack of planning. That is precisely why a business plan geared towards lending and the financials should be used as a critical follow up in the business. It should not be stored away! As we all have learned, ' tuition is extremely high in the school of experience '!

Most importantly though people that don't know you, or might not know your business model use a properly created plan to evaluate your business and lend you funds. The ' business plan ' in effect is really a financing proposal. That's how we look at it in our firm.

Let us remember how a lender, who you in many cases don't know, thinks. First of all he or she is hoping the information you have provided is true. Remember also that the lender works for someone, and they must communicate your idea to an underwriter of investment committee. If you haven't met the lender, trust me you definitely have not met the underwriter or investment committee.

Some of us also might think that we are the only business plan the lender is reviewing. That is not the case, our plan might be among 10-20 others in an given lending environment. And finally, people have biases - they will benchmark your own projections against their past experiences. If your business plan and financials make them think of Microsoft and Rim they will dig into the plan, if visions of Nortel come to mind that won't be the case!

Therefore business owners should put forth their plan on the basis that it will be ' attacked' by the lender, so the business owner must counter with ' real ' upside potential. The lender must genuinely feel some sort of enthusiasm about the business.

The biggest secret of business plans, and yes, we are revealing it here, is that they generally are not read in totality by the lender. The real world dictates they are given a 5 minute read, and more careful emphasis is generally only placed on the financials. The owner should never think that either quantity or finesse in fonts and graphs will gain the funding they require.

In summary, we do not infer that a plan is in fact not required for a lender or financing, in fact a business owner or entrepreneur with no plan is, outside of luck, guaranteed to fail.

Stan Prokop is the owner of 7 PARK AVENUE FINANCIAL, ( http://www.7parkavenuefinancial.com ) a Canadian firm which originates business financing and business bank and operating credit financing for Canadian firms. The firm works with it's clients who require business plans for financing purposes.

http://www.7parkavenuefinancial.com/business_plans.html




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
























Article Source: http://EzineArticles.com/expert/Stan_Prokop/432698


Article Source: http://EzineArticles.com/3464862

SR&ED Financing In Canada : Your Fast Route To Cash Flow Independence In SRED

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Can SR&ED Claims Be Financed? Yes they can ! Here's how to get a SR&ED Loan against your refundable sred credit

Information on financing SR&ED claims in Canada. Canada's SRED program provides for refundable tax credits - Financing these claims accelerates... cash flow! Here's why and how

Sr&ed financing, simply speaking, accelerates one of the greatest government programs still currently in existence at both the federal and provincial level.

The formal name for the program is Scientific Research and Experimental Development program. Most people call it simply the SRED (SR &ED) program; we have also heard many people pronounce it as 'SHRED 'also! Even better news? Claims are financeable, so let's dig in.

We put Canadian businesses into two categories when we discuss the program - those that don't know about the program period, and those that know about the program but are not aware that their claims can be financed.

SR ED financing is an excellent source of short term cash flow, and allows a company to reap the benefits, in cash of funds that they have put into R&D.

It is probably useful to do a short overview - let's call it a SR ED primer!

The program is administered at the federal and provincial levels of the Canadian government. It is very important to note that the SR ED grant (yes it's non-repayable) is for Canadian private firms only - it does not apply to public corporations the program is applicable literally to almost every type of firm and industry in Canada. A company files its claim at the same time it files its year end tax return.

In our experience the majority, we feel almost 95%+ of claims are prepared by an independent third party. They have expertise, credibility, and have a strong knowledge of the program and the government requirements. We would further point out that if a claim is not prepared by a qualified third party then there may be an issue in financing the claim - not always, but sometimes.

Claims can be expensive to process and prepare, and in general the industry has evolved into two types of costs associated with the claim. What are those two cost scenarios?

1. Customer pays a third party in full for time and preparation involved in the claim. The customer reaps the full benefits of the claim when it is processed

2. Customer signs an agreement on a contingency basis, and pays the preparer of the SR ED a portion of the claim when it is approved - bottom line he has no cash outlay and the SR ED consultant is at risk re time and preparation involved in the claim.

Let's now focus on financing of the claim. The financing of the claim is somewhat of a boutique industry in Canada, and requires specialized knowledge around the quality and collateralization of the claim. The Canadian banks, as a rule, with only minor exceptions, do not make SR ED loans.

Claims are financed at approximated 70% of loan to value. What do we mean by that? We mean that loans on SR ED are made to 70% of their combined federal and provincial amount. Example - Customer files a claim for $ 300.000.00. The SR ED loan would be for 70% of that amount: = $210,000.00.

Claims can be financed relatively quickly when working with a qualified financing expert in this area. It certainly is possible to complete a transaction in a couple of weeks, from initial discussions.

Naturally some level of due diligence is required on the firm, and we point out that many firms are in fact total start ups and are filing their claim for the first time. An additional financing note is that first time claims are scrutinized more closely as the customer at that point does not have a track record in this area. Track records help the financing.

Looking to cash flow your SRED? Seek out and speak to a trusted, credible and experienced Canadian business financing advisor, who can assist you with your funding needs in this niche area of Canadian business finance,

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 100 Million $ of financing for Canadian corporations .





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

Film Tax Credit Financing

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The Role Of Film Tax Credits In Canadian Film Financing

Information on the key role that film tax credits play in Canadian film financing projects

Film Tax Credit Financing in Canada is a niche alternative financing sector that is growing in popularity. Similar to SR & ED tax credits, film tax credits can be financed.

Various programs are available under different provincial and federal legislation. The Canadian film industry, as well as related Digital and Multimedia industries, seem to be on a healthy rebound which we can attribute to a recovering economy, and a faltering industry in the U.S., again, economically related.

There are a number or very specific programs that can be financed to generate, or recover, funding for your projects. Along with the aforementioned SR &ED program, there is the Ontario Film and Tax Credit, a similar B.C. program, etc. These are generous government credits that allow for a significant reduction in your projects labor costs , typically between 40-50%. The combo of digital media credits, as well as your ability to finance all these credits help cash flow your project!

In many instances our firm can originate financing on an interim basis, in order that your project does not have to wait for funding after completion and final claim finalization and adjudication. Much of the financing that is done in the SR ED, film tax, and Digital and Multimedia areas is a very boutique and specialize financing. However. If you clearly qualify for these programs your claim can be financed. Traditional institutions, such as the Canadian chartered banks do not really play a major role in these types of tax credit financings.

Naturally the benefit of financing such a claim is simply the recovery of funds, almost all of which are ‘ non- repayable ‘ ‘ grants’ that will assist Canadian firms in the completion of their projects and for general working capital purposes . If your firm has significant or major contracts with either the government or a corporate client you require financing to complete the project in a timely and proper manner.

Tax credit financings, in our experience typically take approximately 2-4 weeks to complete. We strong recommend that firms work with a trusted and experienced advisor in this area to ensure they maximize the benefits of such a financing with respect to a solid rate, term and structure based on the unique nature of their claim.

Financing of these programs encourages continued innovation, and more and more funds are available for the film, multimedia, and digital sectors of Canada. Again, we stress the importance of working with qualified parties who can maximize financing benefits and assist you with your working capital needs.

‘Cash flowing’ your project either during or after production has a significant appeal to players in this Canadian industry sector. Naturally there has to be a reasonable investment of time in key areas related to the financing. In order to finance a claim properly entities should be incorporated as a Canadian taxable corporation and should have made the appropriate corporate filings. Naturally your project has to be certified, which can be done through various entities such as Cavco. Financing and documentations is clearly strongly associated with proper and up to date filings and certifications.

Accounting systems and processes typically might not be the forte of firms in the digital, multimedia and SR &ED sector – however it is important that owners and financial managers in t these industries ensure all costs are properly accounted for and documented in their financial statements and tax filings. Filings should be up to date with all federal and provincial bodies with respect to tax returns, and of course your application will be reviewed and audited by the proper authorities.

In summary, Canadian digital, multimedia, film and SR &ED expenses can be financed to maximize your firm or projects working capital. Ensure you are certified and eligible, focus on good accounting and information systems re your claim, and work with a trusted and credible advisor with financing experience in this area. It’s all about the cash flow!


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 100 Million $ of financing for Canadian corporations .







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

How to Get Your Canadian Business Equipment Financing Lease Approved

What If You Understood How Equipment Lease Financing Works ? Now You Do!

Information on equipment lease financing in Canada . Asset financing under the right terms and rates helps businesses grow in today's ultra competitive environment

What is my rate?' is a question I am often asked by customers when they work with us with respect to equipment and lease financing. They are surprised when I tell them that they get to pick their own rate! (All customers want the lowest rate!)

I am not trying to be facetious when we make that statement. What we are saying is that the over all credit quality of a customer, as perceived by the lender ( that's important!) is in fact set by the customer, thereby driving a final approval on rate, term and structure of the proposed financing request.

The role of the customer, or their trusted advisor is to understand the basic credit information requirements and how the overall risk to the customer and their industry will be perceived by the lender. The irony of a lot of business leasing is that the industry for the most part used historical analysis to project future ability to pay. That is a difficult concept for the customer to handle more often than not - as an example the customer may have lost some money last year, driving a negative cash flow figure. Prospects have improved, new orders are coming in, and yet the business has a problem in getting new financing.

The customer needs to ensure that the information and ' story ' make the transaction become more ' approvable'.

Critical categories in the information submission by the company are as follows:

Length of time in business Personal credit history of the owners Relationships with other financial institutions Quality of the financials (Some customers submit balance sheets that don't balance!) Additional collateral available if necessary Summary of key financial info such as depreciation, cash flows Positive focus on management and its background and experience

If the customer is qualified to make such a submission a solid package as per our list noted above should lend itself towards an approval at current market rates and structures. If the customer feels they are not properly qualified to make such a submission they are strongly encouraged to used a qualified intermediary who knows the industry and, more importantly, knows the specific weighting given by a lender to the above noted submission requirements.

The amount of information required around each component is more often than not determine by the size of the transaction or the lenders total exposure to that customer. In many cases small ticket transactions (those under $ 25,000.00) are adjudicated via a credit application and public reporting sources such as Equifax or Dun and Bradstreet. Typically 60-70% of all small ticket transactions are approved.

In summary, customers who want to get a prompt and of course positive lease approval should focus on providing a clean package of required information that will ensure a prompt approval based on specific industry requirements around the transaction size and asset type. Knowing that the lender will focus on future potential of the firm, the management experience, and the collateral asset are valuable data points for any business seeking a business equipment financing lease.


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 100 Million $ of financing for Canadian corporations .







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

Are There Government Grants and Loans For Canadian Businesses?

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Free Lunch In Business Financing ? Hardly, But These Funding Solutions Will Help Your Business Grow

We are 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!

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.

The government increased the amount of these loans to $ 1,000,000.00 under certain qualifying conditions.

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 6% 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 aumen, 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. Your refunds can also be financed under a SR ED Bridge loan, eliminating the waiting time for refund cheques to arrive.

Other forms of business financing to help start and grow a business include:

A/R Financing

PO Finance

Sale Leasebacks

Non bank asset based lines of Credit

Equipment Leasing

Working Capital Term Loans

Seek out and speak to a trusted, credible and experienced Canadian Business Financing advisor who can assist you with your funding needs.








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 100 Million $ of financing for Canadian corporations .







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