Why You Don’t Need A Business Financing Advisor : Or Do You?

business financing advisor

 

OVERVIEW – Information on the services of a business financing advisor. What are the benefits of using corporate financing advisors to source operating and growth needs

Business financing advisor needs arise around the different timeframes your company finds itself in. The size of your firm and the ‘stage of life’ are key components of understanding the need (or lack of need) for funding and longer term growth.

Do you actually though need corporate financial advisory help? You categorically do not if you:

Understand all your finance options and can access all funding sources with your own expertise – you understand all sources of traditional and alternative business finance

Are profitable and cash flow positive and can grow at any rate you wish

Have all the working capital needs you require

Not in that category? Let’s dig in!

The majority of business owners/financial mgrs we meet are focused on the challenges of improving their business from a finance and funding perspective. They are looking for the competitive edge.

The debate rages on as to whether the Great Recession of 2008-2009 still has lingering after effects on the ability to access capital. Closer to reality is the fact that bank credit requirements (in Canada) haven’t changed. They requirements are clear: good financials, collateral, solid business plans and owner financial commitment.

When business can’t for any reason access the bank capital they need they are confronted with how to expand their companies, refinance, and get a business credit line that makes sense. Many new ‘ niche’ alternative financing sources are available to access capital.

Enter, stage left, the business financing advisor. He or she typically has a background in both SME COMMERCIAL FINANCE
needs as well as having worked with, or for larger firms who seem to master finance requirements with resources often not available to small or mid market firms.

More often than not your needs in the start up to SME stage are focused on specific transactions and needs. The goal? Improve your chances of success and timing in business finance needs! Those needs are in the areas of:

Bank credit lines

Asset based lines of credit

Current Asset Financing ( a/r , inventory, tax credits)

Real estate financing

Acquistion finance

Equipment Financing

Sale leasebacks/bridge loans

Purchase Order Financing

Sales/Royalty Finance

The requirements you need to assess a good business financing advisor? They are experience, credibility, expertise, track record, and cost.

So, do you need a business corporate finance advisor? It’s your call. Tuition is very costly in the school of experience when it comes to making the wrong choices. Big business today is big on ‘ outsourcing’. SME firms should consider outsourcing their financing needs, utilizing a corporate financial outsider to help them access opportunities and advantages in the new landscape of business financing in Canada.

 

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 100 Million $ of financing for Canadian corporations . Info /Contact :


7 PARK AVENUE FINANCIAL = CANADIAN BUSINESS FINANCING ADVISORY EXPERTISE

 

7 Park Avenue Financial
South 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.

 

Stan Prokop
7 Park Avenue Financial
Canadian Business Financing