Need Financing?
At 7 PARK AVENUE our greatest strength is to understand your financing needs and position your firm in the best light possible with our financial solution partner. By positioning all the positive aspects of your company in the best possible light, we structure a financial solution tailored to your needs.
Many of our competitors are ' volume based ' businesses - that is not us .
0ur Unique Selling Proposition :
Based on our reputation and our relationships, we work directly with the most senior managers and lenders in a variety of financial institutions. These are lenders who have personally worked with 7 PARK AVENUE and value the transactions that we bring to the table. We can count on them for reliability, integrity, service and confidentiality. Some of our customers do not have the experience, time, etc to prepare or position a loan/lease properly - 7 Park Avenue submissions are thorough and we know what lenders want to see.
We think we are different - WHY? Because we take the time to listen - we become a long range partner - and we strive to be flexible.
Recognize this ??! Some lenders only care about the hard assets on your balance sheet - some don't care at all. Some lenders don't want intangibles and trademarks on your balance sheet - other lenders consider this a competitive edge. Some lenders are frightened by your high growth - others want to see that meteoric growth. Some lenders only make big loans - others don't want you to outrun the capital they are prepared to provide. Some lenders want your company to be in a proven market with proven receivables - others are attracted to new markets where there is opportunity to establish a dominant position.
Congratulations!! You have just discovered the 7 Park Avenue competitive edge!! Our experience positions your firm with the best lender for your solution!
We are located in the Toronto area, but we have financed customers all over Canada, from B.C. to Quebec in the east
Will we save time/money by working directly with a lender?
7 Park Avenue doesnt think so . Unless you are experienced in commercial financing/lending . 7 Park Avenue performs functions that would otherwise have to be done by a lender , thereby offsetting the lenders net cost/expenses . 7 Park Avenue knows the financial firms who specialize in various ' niches' - thereby getting you the best transaction at a rate that = your firms credit quality . 99% of the time 7 Park Avenue is dealing directly and personally with the most senior management in the lending institution .
How can your firm benefit from a 7 Park Avenue financial solution?:
Financing solutions from 7 PARK AVENUE FINANCIAL can improve cash flow, enhance key operating efficiencies, strengthen working capital and enhance revenue, improve production capabilities - Ask us how!
Have a financing question? Just ask.
OPERATING LINES OF CREDIT , via ' non-bank' lenders, are fast becoming one of the most flexible and popular methods for small, medium, and large customers to finance their operations . Terms are more accomodating, and are usually ' non covenant' based . Unpredictable cash flows and seasonality are often other reasons why an asset based line of credit has substantial appeal to business owners and CFO's.
FRANCHISE FINANCE - 7 PARK AVENUE has developed a strong expertise in the area of franchise finance - Since 2004 we financed almost 15 Million dollars of this type of business - working with some of the major 'brand' names in the industry - Several major franchisors use 7 PARK AVENUE FINANCIAL exclusively for their franchise financing ;
Franchisees who have selected this method of business acquisition benefit from our PROVEN expertise in this area .
Many of our customers use Leasing as a financing option:
It's not who owns the equipment, but the use of the equipment that makes the profit.
Ten Advantages in Leasing:
1. Saves Cash - no money "down".
2. Usually longer term available, resulting in, lower monthly payment.
3. Fast and convenient - less hassle for long term "borrowing".
4. Tax benefits , such as faster write-off; more rapid amortization than possible with "depreciation".
5. Provides cost-cutting or profit making equipment to be installed immediately.
6. Pays for equipment out of before-tax savings rather than after-tax profits.
7. Leverage - leaves normal lines of bank credit undisturbed.
8. Avoids alternate corporate minimum tax.
9. May increase the firm's ability to acquire funds, plus does not dilute ownership.
10. Creates or maintains working capital for inventory, accounts receivable, other expenses.
National Business Institute reports a recent survey indicates the Top Five Reasons for Choosing Leasing :
1 . *41%----Cash flow---capital outlay.
2 . *18%----Rapid technological changes cause product obsolescence.
3 . *10%----Financial requirements are not as stringent.
4 . *10%----Leasing companies are more accommodating than banks.
5 . *08%----Tax implications.
Source - 'Leasing News'
