Is Your Firm Just Surviving Without The Right Financial Solutions?

OVERVIEW – Information on business finance in Canada. Choosing the right debt financing and cash flow solutions for your companies helps guarantee business success

Business finance in Canada still relies a lot on the old days. If that’s how owners and financial mgrs look at things these days they just might be surprised at the amount of debt financing and cash flow solutions available if you’re aware of the criteria and how they work. Let’s dig in.

Again going back to those old days the lending model for companies place a high reliance on your ability to prove cash flow as what our good bankers call ‘ primary source of repayment’.

The good news? Many new techniques have emerged over the last number of years that allow your firm to access capital. It’s a combination of new lending solutions combined with technologies and techniques that allow a lot more flexibility loan and cash flow solutions.

What we’re talking about could well be described as ‘transactional lending’ ; loans and cash flow monetization strategies that focus on your assets and less reliant on what traditional bank lending tends to be focused on . That focus historically has been ratios and covenants, debt load, gross margins, etc. Those are all important but any deviation in those will often lead to sever credit limitations on your firms borrowing ability.

Many smaller transactions , especially in the SME COMMERCIAL FINANCE space in fact utilize some quick ‘ credit scoring ‘ techniques that could quickly have your firm borrowing up to several hundred thousand dollars Bank borrowing traditionally has been based on ‘ relationships’ with your bank and a fair amount of contact over time.

We never under emphasize with our clients the ongoing need to be able produce timely financial statement and asset reporting data, typically aged payables, receivables, inventory lists, etc.

It’s critical to understand that most financing solutions should typically be matched to a direct need. A basic list of financing solutions available to almost every business includes:

A/R Financing/ Confidential receivable finance

Inventory Loans

Tax Credit Bridge Loans (Typically SR&ED)

Sale Leasebacks

Asset based business credit lines

Unsecured cash flow loans

Govt Guaranteed Small Business Loans (maximum to $ 1,000,000.00)

Equipment Leasing

When you can meet requirements for personal credit, collateral, and owner equity in the business bank financing offers the lowest financing cost with a strong amount of flexibility.

The ability of owners, mgrs, entrepreneurs to successfully address the limitations they face in financing their business will go a long way to long term financial success. 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 short and long term financial requirements.


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 :
http://www.7parkavenuefinancial.com

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

Office = 905 829 2653


greg
@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.