YOUR COMPANY IS LOOKING FOR TECHNOLOGY 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?
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
Technology leasing & Financing is all about the ' economics' of acquiring tech assets in key categories of hardware, software, consulting and maintenance. Tech financing got its start 50 years ago from original behemoths such as IBM, Xerox, etc. A large part of those two example firms' initial success revolved around their ability to offer clients financing to purchase the equipment and finance it at the same time.
ALMOST EVERY COMPANY IN CANADA TODAY USES AND NEEDS TECHNOLOGY ASSETS
Top experts tell us that today over 50% of all North American workers are working in companies just like yours that are big users or producers of technology products and services. (Source: 'The Emerging Digital Economy 11')
IS TECHNOLOGY FINANCING DIFFERENT THAN YOUR OTHER FUNDING NEEDS?
Do Canadian business owners and financial managers really understand the differences between financing hardware and software versus other assets they might need in their business?
CONSERVATION OF CASH FLOW IS A KEY BENEFIT IN RAPIDLY CHANGING TECH NEEDS
While conserving cash and choosing the right term or amortization are key elements in any lease, tech leasing requires expertise and guidance in areas such as buy-out options, renewals, upgrades, and early terminations. No one method of financing is the ‘ holy grail ‘ in Canadian business financing. While the obvious always advantage is acquiring assets, including technology for minimum cash outlay, more complex financial analysis in ‘ lease vs. buy ‘ scenarios will often suggest that lease financing is more expensive. When owners choose the wrong lease term on the wrong asset, they will get that ‘locked in’ feeling!
OPERATING LEASES AND OFF-BALANCE SHEET FINANCING
Although the benefit of ‘off-balance-sheet financing’ has virtually disappeared with changes in accounting rules operating leases, particularly in the tech environment, still deliver lower monthly payments on hardware software solutions and maximum flexibility re upgrades, swaps, etc.
While almost any asset can be financed, it's important to work with experts that offer specialized financing expertise in this area. That allows maximum buy and minimum spend, including, by the way, your ability to add maintenance and consulting to your desired solution.
GROWTH FINANCING IS A CONSTANT NEED IN CANADIAN BUSINESS
No one recognizes the importance of cash flow than owners and managers in the SME sector in Canada. Growing a company while at the same time juggling supplier commitments, receivables challenges, and sourcing external financing is a 24 hour Job # 1. Tech Leasing is all about conserving capital and taking advantage of expertise in terms and structure. That's the huge win' that business owners are looking for.
RESELLERS AND MANUFACTURERS CAN OFFER FINANCING FOR THEIR NEEDS
Vendors, resellers, and software firms can grow sales and maximize cash flows by offering clients lease financing options. Providing clients with the ability to extend payments or even utilizing 'buy now - pay later' creative financing is the final building block in the reseller/vendor product and service offering.
Rarely does a financing solution makes sense for both the seller and the buyer. Still, time invested with a trusted leasing advisor will guarantee a positive impact on the bottom line of any business selling or acquiring technology.
CONCLUSION
Looking to finance hardware software and services? Rarely does a financing solution make sense for both the seller and the buyer, but time invested with 7 Park Avenue Financial, a trusted, credible, and experienced Canadian business financing advisor, will positively impact the bottom line of any business selling or acquiring technology.
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Stan Prokop
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