YOUR COMPANY IS LOOKING FOR BUSINESS FINANCING!
SMALL BUSINESS LOAN SOLUTIONS FOR SME COMPANIES IN CANADA
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
Canadian Business financing is a challenge anytime, from the entrepreneur's dream of start-up loans to major corporate needs. We think the Canadian business owner and financial manager can be forgiven for sometimes thinking that there is a SECRET SOCIETY they have to penetrate to get the small business financing they need.
That of course connotates some sort of organization where the activities and inner functioning are concealed from non – members; i.e. Your Company! Does it have to be that way? We don’t think so and here’s why.
The current business environment, pandemics included, makes the above-noted challenge even more daunting. Whether a firm is established and doing well, or experiencing financial distress or working capital or growth needs - the challenge remains the same – cash flow and solutions for financial growth.
ARE YOUR BUSINESS FUNDING CHALLENGES SHORT TERM OR LONG TERM?
What is the 'challenge'? Simply speaking it is identifying the proper financing solution, determining whether the solutions are a short-term fix or a long-term solution, and then, most importantly executing with experience the proper financing solution.
The business owner must be able to properly position the current shortcoming as both an opportunity and risk-appropriate.
IDENTIFYING YOUR BUSINESS LOAN FINANCE NEEDS
Proper financing begins with the owners and his/her advisor's ability to identify the current financing challenge. The owner and advisors must provide a compelling reason for the lender to assist in an appropriate financial solution.
WHAT ADVISORS CAN YOU TURN TO FOR BUSINESS LOAN EXPERTISE
Who are these 'advisors'? Typically they are internal financial staff, i.e. CFO/Controller, etc, or alternately third part accountants and experienced financial intermediaries with a track record of success.
CANADIAN BUSINESS FINANCING SOLUTIONS
Business Financing is complex - However, at the end of the day the financing solutions are actually very well defined - They are as follows:
A/R Financing
Inventory Loans
Access to Canadian bank credit
Non bank asset based lines of credit
SR&ED Tax credit financing
Equipment / fixed asset financing
Cash flow loans
Royalty finance solutions
Working Capital Loans
Bridge Loans
Commercial Mortgages
Government Of Canada Small Business Loan Program - The Guaranteed federal business loan funds equipment, leasehold improvements and real estate. Interest rates and repayment terms are excellent - a small registration fee applies, which can also be financed! The Government Small Business Loan is also ofen called the ' SBL' Canadian Small Business Financing Loan.
The business owner, and their advisor, should have a very clear focus - That focus is as follows:
What is the best financing solution on either a short term or an intermediate/long term basis for the business? Is the interest rate/cost of financing/terms and conditions appropriate for my needs?
CONCLUSION
Does the business owner or executive clearly understand all the financial options available to small businesses in Canada - what are the criteria for these different options - what are the rates/terms and structures for each option? Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with business loans and asset monetization needs. Whether it's government loans for business, traditional financing or the newer alternative financing solutions now available it's clear that help can be on the way!
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/Rights Reserved
