YOUR COMPANY IS LOOKING FOR BUSINESS FINANCING OPTIONS!
Alternative Business Loans / Alternative Lending
You've arrived at the right address! Welcome to 7 Park Avenue Financial
Financing & Cash flow are the biggest issues facing business today
ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT BUSINESS FINANCING OPTIONS?
CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs
EMAIL - sprokop@7parkavenuefinancial.com
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Oakville, Ontario
L6J 7J8
Struggling to secure financing for your business? Discover how Business Finance Consulting Firms can unlock the capital you need to thrive.
7 Park Avenue Financial originates business financing solutions for Canadian Businesses – We offer BUSINESS FINANCE CONSULTING solutions that solve the issue of cash flow and working capital – Save time and focus on profits and business opportunities
Unleash Your Business's Potential with Expert Finance Solutions
INTRODUCTION
Business finance options seem harder to find these days than the lost continent of Atlantis. So when clients say that traditional solutions such as bank loans are no longer working or accessible by them our answer is simple - consider a broad range of alternative financing scenarios to address the funding route to solve cash flow problems. Let's dig in.
7 Park Avenue Financial provides expert insights and tailored business financing solutions tailored solutions to companies seeking to fund their financial operations and propel growth. Use 7 Park Avenue Financial's business financial acumen, industry expertise, and innovative thinking to address the multifaceted challenges of SME financing needs.
WHAT FINANCING OPTIONS DO SMALL BUSINESS OWNERS HAVE?
Part of the problem faced by many business owners is simply time... they know they need new or better... or even ' some' loans or business financing... they just don't know where to look for it - whether it's traditional bank lending or alternative lending. Part of the challenge to access traditional financing in small business loans is the fairly heavy reliance on personal credit history, credit scores, personal net worth, etc.
An established business can of course access a business credit line, solving a lot of funding needs. Larger corporations have access to venture capital and private equity. But about SME companies and their search for the small business lender and many different options?
WHAT ARE SOURCES OF FINANCE
In a lot of cases, the entrepreneur spends a lot of time searching for equity capital and is disheartened to find out that they are not ready for that option. By the way, equity capital dilutes the ownership of course, so giving away a large piece of the pie early in your business success reduces the chances of long-term return on your investment. That is where business lenders and lending options come in.
Many top experts feel that the equity route though is better than debt or asset monetization. We respectfully disagree, as no matter how costly these solutions are... properly structured they can still allow you to achieve sales growth and profits without giving up ownership. That's our story and we're sticking to it!
' WHEN THE BANK SAYS NO'
No discussion on Canadian business financing with the small business owner can take place without talking about ' WHEN THE BANK SAYS NO ‘. We don’t think it's that complex. As one expert puts it the business owner or financial manager fails to understand that the bank or credit union has a deal with its depositors... the money is safe and unavailable for small business funding to riskier start-ups, early-stage companies, or firms experiencing financial difficulties.
We're the first to point out that if your firm has profits, cash flow, collateral, clean financials, etc you're 100% eligible for funding options such as bank term loans and commercial revolving credit facilities with a repayment term that meets your needs.
WHAT IS YOUR FINANCING OPTIONS AND TYPES OF ALTERNATIVE LENDING?
So what are some of those alternative financing solutions for financing for small businesses that can still generate capital, working capital, and cash flow for your business? They include:
A/R Financing
Inventory Loans
Access to Canadian bank credit/term loans / installment loans
Non-bank asset-based lines of credit
SR&ED Tax credit financing
Equipment Leasing / fixed asset financing /Equipment loans
Cash flow loans
Royalty finance solutions
Purchase Order Financing
MARKETPLACE LENDING OPTIONS!
Short Term Loans / Working Capital Loans / Merchant Cash Advances / Online Marketplace Lending Companies & Online Business Funding / Crowdfunding Platform/ Business Credit Cards/ Friends and family/Equity Crowdfunding/ Angel Investors
Securitization
In some cases, a business plan is very beneficial to successfully achieving business finance objectives . 7 Park Avenue Financial business plans meet and exceed bank and commercial lender requirements.
HOW TO ACCESS COMMON TYPES OF ALTERNATIVE FUNDING SOLUTIONS
What then is required to access these alternative financing solutions? In almost all cases just you’re current financials and a sales or cash flow forecast is a great start.
You will not, we repeat NOT be successful if you or your advisor can't articulate sales growth, receivable collections, gross margins, etc. That's just common sense by the way. Interest rates in alternative lending reflect the deal size, overall credit quality, and asset values.
Repayment terms are typically structured to your firm's particular needs. The loan application process and approval is typically very much shorter in alternative finance solutions as compared to traditional finance via chartered banks and other traditional financial institutions, etc.
Financing small businesses and asset monetization strategies will focus on your balance sheet. Hard assets can be refinanced through bridge loans or sale-leaseback strategies.
Receivables of any type for small businesses can easily be financed in Canada, acting as lines of credit alternatives. This is one of the most popular types of capital for business. This even includes contract monetization scenarios. And by the way, service companies can easily cash flow their A/R... your firm doesn't necessarily have to sell a hard asset product.
A/R invoice financing for your outstanding invoices is much more accessible than a bank loan and less emphasis is placed on the owner's personal credit score, etc. The cost of financing in this type of business lending is called the ' factor rate ' is not expressed as an interest rate, but a fee of 1.5-2%, a point misunderstood by many new clients at 7 Park Avenue Financial and confused with ' high interest rates '. Another benefit is there is no minimum or maximum when it comes to annual revenue.
We recommend Confidential Receivable financing as the best method of invoice factoring. It allows you to bill and collect your own receivables without any notification to a third party.
KEY TAKEAWAYS
Financial Analysis: Involves assessing the financial health and performance of a business. Guides decisions on investments, budgeting, and forecasting.
Strategic Financial Planning: This entails developing long-term financial goals and strategies to achieve them.
Capital Investment Strategies: Focuses on allocating funds for projects or ventures that offer the best returns.
Risk Management: Involves identifying and mitigating potential financial risks to safeguard business assets.
Cash Flow Optimization: Aims to streamline cash inflows and outflows to ensure sustainable liquidity and financial stability to eliminate complex business challenges in funding a business
CONCLUSION
Yes, we’ve indeed spent hundreds of years searching for the continent of ATLANTIS. Our point - Alternative financing solutions for small businesses and SMEs in diverse industries can be found today for a financial business transformation via cutting-edge solutions in finance - they are here, or just around the corner.
Call 7 Park Avenue Financial, a trusted, credible and experienced Canadian business financing advisor and team, experienced professionals in finance business consulting - We are one of the top finance consulting firms for SMEs in Canada - with the ability to provide expert business advice and the financing option you need to fund your company and achieve growth potential goals.
FAQ: FREQUENTLY ASKED QUESTIONS / PEOPLE ALSO ASK / MORE INFORMATION
How can Business Finance Consulting Firms help my business secure funding?
By leveraging their expertise in financial analysis and strategic planning, SME management consulting firms can assess your business's financial health, identify funding opportunities, and guide you through the application process, increasing your chances of securing the necessary capital.
What types of businesses can benefit from partnering with Finance Consulting Firms?
Businesses of all sizes and industries can benefit from the services of advisory services such as 7 Park Avenue Financial. Whether you're a startup seeking initial funding or an established enterprise looking to optimize your financial operations, even nonprofit organizations... these firms offer tailored solutions and financial services to suit your unique needs.
How do Finance Consulting Firms assist with risk management?
Finance Consulting Firms and management consulting firms employ risk management strategies to identify potential financial risks facing your business when financing turnaround management is needed, develop mitigation plans, and implement measures to safeguard your assets and ensure long-term financial stability and financial performance improvement.
What sets apart top-tier Finance Consulting Firms from the rest?
Top-tier Finance Consulting Firms distinguish themselves through their extensive industry expertise, innovative solutions, and track record of delivering tangible results for their clients. They prioritize client success and tailor their services to meet the unique needs and goals of each business.
How do I determine the right Finance Consulting Firm for my business's needs?
Finding the right Finance Consulting Firm involves considering factors such as their expertise in your industry, track record of success, client testimonials, range of services offered, and compatibility with your business goals and values. Conduct thorough research, request consultations, and ask for referrals to ensure a suitable fit.
What are the typical fees associated with hiring a Finance Consulting Firm?
The fees charged by Finance Consulting Firms vary depending on the scope of services, the complexity of the project, the reputation of the firm, and the experience of the consultants involved. Typical fee structures may include hourly rates, project-based fees, retainer fees, or performance-based compensation. It's essential to discuss and clarify fee arrangements with the firm before engaging their services.
Can Finance Consulting Firms assist with debt restructuring and consolidation?
Yes, many Finance Consulting Firms specialize in debt restructuring and financial advisory services. They can assess your current debt obligations, negotiate with creditors on your behalf, develop a repayment plan, and explore options for consolidating debts to improve your financial position. Financial Consulting firms provide strategic corporate finance solutions guidance to help businesses navigate through challenging financial situations and achieve long-term sustainability.
