YOUR COMPANY IS LOOKING FOR BUSINESS FINANCE 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?
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
Financing sales growth is 'time sensitive' if only because most business owners/managers want to do that now - not at some point down the road. What type of business loans and asset monetizing strategies work best when your focus is 'growth - faster, the better!' Right or wrong very slow or nonexistent growth often has companies stagnating. The fix? Let's dig in.
The ability to finance revenue growth is, in truth, a two-edged sword. That's also where business financing challenges come in. And the options you have basically come down to three choices -
New owner equity - usually difficult, costly, and undesirable
Taking on Debt - has to be the right debt.
Monetizing your assets - a preferred strategy if done properly
Larger more sophisticated companies have already figured out the magic formula. They call that 'sustainable growth models' and are constantly looking for the right amount of leverage they can take on. Those formulas measure profits, how assets are turned over, and what business debt won't topple the firm. Those larger companies also want to take out cash regularly to payout to owners or shareholders.
Those same tools are also available of course to businesses seeking SME COMMERCIAL FINANCE options. These smaller firms toil daily in the real world to grow sales, stay in business, and pay bills. They are more often than not also looking for outside financing to manage those 3 challenges.
Clients, we meet searching for sales financing strategies come down basically into two categories - 'bankable'... or 'unbankable.' Which one is your firm? If your firm is bankable, it's critical you can demonstrate profits, acceptable debt rations, outside collateral and 'reasonable' high growth.
Thousands of firms in the small/ medium sector of Canada's economy find themselves 'unbankable' to the extent they have no bank financing or limited. Many owners/managers feel that the big corporations seem to be favorited. Top experts in one study said that 1/3 of all SME businesses don't have the financing they need - 65% of owners/managers saying financing new sales is ' difficult.'
The solution? More often than not, it's 'alternative lending' - a broad category of the new Canadian business financing landscape that covers many niche players offering unique forms of financing.
Those financing solutions? They include:
A/R financing credit lines
Asset-based non bank full credit lines (sales growth generates receivables and inventories which can be easily financed)
SR&ED tax credit financing
Leaseback loans on existing owned assets
Inventory Finance
Purchase Order Financing
Sales/Royalty Financing
Government guaranteed loan program
The challenge becomes knowing how these solutions work and identifying which one is for your firm.
Because many owners/managers in the Canadian business financing marketplace aren’t familiar with all these options speak to 7 Park Avenue Financial, a trusted, credible and experienced Canadian business financing advisor who can assist you with 'engineering' the right solution to finance your firm's growth.
Click here for the business finance track record of 7 Park Avenue Financial
