Looking for the Alternate Universe in Business Financing ? Alternative Financing 101

OVERVIEW – Information on alternative financing sources in Canada. Business loans for access to capital and cash flow come from both traditional and alternate sources of funding – Here’s why and where !

Alternative financing in Canada
doesn’t necessarily reside in an ‘ alternate universe ‘. That expression is of course the ‘ what if ‘ arising from your current circumstances, in this case achieving the right capital and cash flow from sources you can depend on to grow your sales and profits. Let’s dig in.

Whether its start up funding, or growing a business the landscape of Canadian business financing has changed. Top experts tell us that the three reasons alternate capital sources are growing is a combination of regulations in commercial lending and technology: The bottom line is new players and new ways of accessing financing versus traditional bank financing.

While in some cases banks are pulling back to certain types of lending new technologies are serving companies who consider themselves ‘ underserved’

In many case commercial finance companies are simply providing similar or complimentary services to funding previously only served by banks.

Examples of alternate financing we discuss and work on with our clients include:

Asset based loans

Non bank revolving credit lines

Sale Leasebacks

Equipment Financing

SR&ED / Film Tax Credit Financing

Receivables Financing / Factoring

Inventory Loans

Royalty Finance

Cash flow loans

In effect is a ‘ shake up ‘ of ‘ old school ‘ traditional financing. While these solutions are available to both public and private companies the majority of these types of financing revolve around private firms who want to both survive and grow their business.

Because of the number of players in the Canadian market rates are getting more and more competitive and lending structures are more flexible. It’s safe to say though that non bank commercial finance firms spend the same amount of due diligence on their borrowers and in many cases they have overall lower loan losses than banks.

Not everyone today certainly understands how alternative finance firms are themselves funded – in many cases its hedge funds / pension plans, etc. The actual financing is done in 3 areas – cash flow financing, distressed loans, and direct commercial lending.

We’re not 100% sure that banks are abandoning small and medium sized lending – although many of our clients certainly feel so! But post the 2008 global recession it’s safe to say business financing in Canada has changed. That’s why the amount of capital available via private alternative finance firms should be often appealing to business owners and financial managers.

If your business wants to explore the numerous capital and cash flow sources available via commercial alternate finance sources seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with business loans that makes sense for your company / industry.

Stan Prokop – founder of 7 Park Avenue Financial
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 :


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

Direct Line =905 302 4171

Office = 905 829 2653

Email = greg@7parkavenuefinancial.com
‘ Canadian Business Financing with the intelligent use of experience ‘

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

7 Park Avenue Financial
Canadian Business Financing