YOUR COMPANY IS LOOKING FOR BUSINESS FINANCING SOLUTIONS!
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?
CONTACT:
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Direct Line = 416 319 5769
Email = sprokop@7parkavenuefinancial.com
Loans and other finance alternatives require specialized tactics for your firm's business financing strategy to be successful. In today’s competitive business climate, it's all about knowing your options. Let's dig in.
Not all business owners, particularly in the SME (small to medium size) commercial environment, work with a formal business plan against which they monitor ongoing company progress. They should, but they don't. However, it's still relatively simple to have a ' plan' when you understand any business's key elements, allowing you to meet challenges head-on.
Those key elements? It's all about long-term planning, day-to-day operating activities, your marketing and products, and of course, your financing and growth. Successful businesses know that it’s a combo of the day-to-day and managing your business for the future.
When it comes to a business financing strategy, it’s all about knowing your options regarding how you'll get there. And that's all about watching external factors such as your industry dynamics, the economy, and the dreaded ' competition.' Cash and business resources need to be thought out carefully.
It all comes down to critical financing needs that arise out of your mistakes a lot of times. That might be from issues around missing out on what’s happening in your industry, assuming things will happen when they don't or having the wrong people and assets in place to move forward.
The business owner/ financial manager must have a clear understanding of the company's current financing - it's all about those financials - i.e. balance sheet, income statement, and cash flow. We cringe when we meet clients who don't know the basics- it days receivable/payable, inventory turns, and operating cash flow metrics.
What key factors often influence your immediate need for financing? They typically include relations with existing lenders, default on certain financing arrangements, and having too much debt, or the wrong kind of debt. In some cases, firms are early stage and investing valuable capital in R&D.
So at the end of the day, it’s all about:
Knowing where your financials are at today
Knowing where you want the business to be down the road
Knowing what your alternatives are
Those alternatives? They vary when it comes to the type of need - i.e. working capital, cash flow, long-term debt, asset acquisition, etc.
Your options? They include:
A/R Financing
Inventory Finance
Working Capital Term Loans
Tax Credit Monetization Financing
Government Guaranteed Business Loans
PO/Contract financing
Sales royalty financing
Asset-based business credit lines - revolving facilities that allow you to borrow against receivables, inventory and equipment
Equipment Leasing/ Sale Leasebacks
If you're looking to address your immediate or long-term need for business financing successfully, speak to 7 Park Avenue Financial, a trusted, credible and experienced Canadian business financing advisor who can assist you in loans and other asset monetization alternatives funding success.
Click here for the business finance track record of 7 Park Avenue Financial
