YOUR COMPANY IS LOOKING FOR BUSINESS FINANCE!
RAISING CAPITAL NEEDS 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
Suite 301
Oakville, Ontario
L6J 7J8
Commercial loan needs In Canada: Cash and capital are two basic fundamental needs for any Canadian business. Your ability to raise capital and access funding for investment depends on some key factors. So, those types of financing for business? Let’s dig in!
WHAT ARE YOUR CASH AND WORKING CAPITAL NEEDS?
Ever counted the needs you have around working capital and ongoing cash flow? They include fixed costs such as rent/leases, wages, equipment needs, and even ongoing research and development if that applies to your industry. Business owners also want to ensure they are not overly exposed personally when it comes to personal assets and collateral. They are more often than not required to pledge. The hard reality is that the search for cash and capital is never-ending, and your current situation will rarely mirror your long-term needs. All those factors contribute to a feeling of entering the dark side. ‘
WHAT FACTORS DETERMINE THE AMOUNT AND TYPE OF CAPITAL YOUR BUSINESS NEEDS
Many business owners and clients we meet are sometimes of the opinion there is one silver bullet ‘ in the business loans world. Top experts tell us that, in fact, a number of different factors determine what type of capital you require and in what amount. Those factors include:
Type of industry
Capital Intensity requirements re needs for fixed assets
Profit margins
ARE YOU UTILIZING YOUR TRUSTED BUSINESS PARTNER NETWORK
Sources of capital and financing in business can potentially be accessed quicker if you have access to people in the know - they include accountants, lawyers or a Canadian business financing advisor such as 7 Park Avenue Financial—their ability to provide you with a road map to financing success increases commensurate with their expertise.
WHAT STAGE IS YOUR BUSINESS IN? HOW DOES IT AFFECT YOUR FINANCING CHOICES
There are huge differences in capital solutions depending on whether your firm is a start-up, in business and growing, or mature and looking for new markets or acquisitions. NOTE: One of Canada's best solutions for early stage start-up financing is the Govt Small Business Loan, aka the ' SBL. ' We could call it a bank loan per see, but the Canada, Small Business Financing program is specially tailored for borrowers who can't meet traditional bank criteria. It finances equipment and even leasehold improvements to rented premises. Having a track record in business or a particular industry really helps here. When it comes to financing for startups the ' SBL LOAN ' is one of the best and most popular methods of funding a new business, a franchise, or even completing a business acquisition. The program is ' made to measure ' for financing entrepreneurs.
HOW DOES A BUSINESS FINANCE ASSETS - FINANCING OPTIONS FOR BUSINESS
As businesses mature, they need to both acquire and finance assets. Financing assets can be achieved through various means:
Traditional bank lines and term loans
Receivable and Inventory Financing / Short term funding via current asset monetization
Monetization of SR&ED tax credits for companies that participate in that program
Asset-based non-bank business credit lines - They are known as ' ABL's
Equipment financing and Sale Leasebacks
Merchant Cash Advances / Business Credit Cards
When business owners assess their company needs, they should know that commercial lenders have never been more plentiful and provide financing in various ' niches’ for SME COMMERCIAL FINANCE needs. The interest rate on alternative financing solutions will vary with overall credit quality, type of financing, and funding amount.
A large majority of both traditional and alternative financing solutions will benefit from a good business plan - in some cases; it's a key requirement of funding. 7 Park Avenue Financial business plans meet and exceed bank and commercial lender requirements.
The majority of small business owners will need to make sure to demonstrate a good credit score and personal credit history - important in many, but not all, business loan applications. Entrepreneurs will recognize offer a period of time that borrowing money will always intertwine business and personal finances to some extent.
AVOIDING OWNERSHIP CHANGE AND DILUTION OF EQUITY IN YOUR BUSINESS
We constantly remind clients that angel investors, friends and family, venture capital/venture capitalists, and private equity groups offer equity capital for the rare 1-2% of business that qualifies for this method of capital raising - ' Equity. '
CONCLUSION
More mature firms may want to divest either divisions, or founders may wish to sell their business. Acquisition financing must be matched to proper valuation and asset situations.
Small businesses will always have more of a challenge to raise funds. If you’re at the crossroads in business financial solutions and don't want to access capital raising via private investors who are focused on your equity, then consider seeking out and speaking to 7 Park Avenue Financial, a trusted, credible and experienced Canadian business financing advisor who can bring some light to the ‘ dark side’ of business: funding! Sources of financing a business have never been closer!
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
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