Business Financing Lenders: Unlocking Growth Capital | 7 Park Avenue Financial

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YOUR COMPANY IS LOOKING FOR  BUSINESS FINANCE SOLUTIONS!

                             BUSINESS LOANS / SMALL BUSINESS LOANS CANADA  -

UPDATED 05/01/25

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?

CONTACT US

7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Oakville, Ontario
L6J 7J8

Direct Line = 416 319 5769

Email = sprokop@7parkavenuefinancial.com

 

 

BUSINESS LOANS AND BUSINESS FINANCING IN CANADA

 

Financing via the right business lender for a small business, or a company of any size, that can deliver the right financing for your business is a challenge. However, the question arises of which lenders will provide the right loans and other financial solutions. Let's dig in.

 

Funding Frustrations Solved

 

Struggling to secure business capital despite your company's potential?

 

Canadian entrepreneurs regularly face rejection from traditional banks, leaving growth plans in limbo and opportunities slipping away.

 

Let the 7 Park Avenue Financial team show you how Business financing lenders offer specialized funding solutions designed specifically for your business challenges, with faster approvals, flexible requirements, and industry-specific expertise that traditional institutions cannot match.

 

Two Uncommon Takes on Business Financing Lenders

 

1. Beyond banks and loans, business financing lenders often provide valuable mentorship and industry connections that can prove more useful than the capital itself.
2. Specialized business financing lenders focusing on specific industries often outperform generalist lenders through a deeper understanding of business cycles, equipment needs, and seasonal cash flow patterns.

 

 

Business finance solutions allow your company to capitalize on opportunities arising in your business and overcome challenges you might face around your business model.

 

Business owners want terms that are flexible in their needs and rates and financing costs that they can afford.

 

Depending on your industry, a variety of business capital needs will arise—those might include purchasing new or used assets for your business or technology financing needs for computers, software, telecom, etc.

 

Financing long-term assets via equipment financing or equipment loans allows your company to conserve cash and preserve any existing credit facilities.

 

Savvy business owners know that it's essential to match long-term financing with long-term assets, and short-term credit facilities such as business lines of credit fund day-to-day operations such as buying inventory, sales and marketing investments, or external labour.

 

When Canadian small business owners are optimistic about their future, their sentiments don't necessarily translate into what type of financing will deliver on their aspirations of growing profits and sales.

 

Top experts tell us that a solid majority of owners/ managers expect their sales to grow, resulting in the need for additional loans. Owners view the way to grow a company differently—some choose to grow organically, while others take the acquisition route, acquiring a competitor or another strategic/synergistic opportunity.

 

So, back to our conundrum. What is the right business lender for your business - in fact, quite often the case is plural - which lenders will solve your financing challenges?

 

  

  

WHY YOUR COMPANY NEEDS A BUSINESS LOAN    

 

Let's provide a clear recap of why businesses such as yours are looking for capital/loans/asset monetization strategies.

 

Sometimes, your company might require financing around a turnaround or refinancing strategy, allowing the business owner to refinance debt or improve access to revolving credit facilities.

 

In business, it's always all about cash flow, so the ability to fund your day-to-day operations with short-term financing and working capital is critical.   Credit lines from banks and other lenders allow you to maximize inventory needs and your investment in accounts receivable finance.

 

Many firms choose to expand, which might involve financing needs around leasehold improvements or acquiring commercial real estate.

  

  

KEY TAKEAWAYS & PRIORITIES  AROUND BUSINESS NEEDS     

 

Expanding their business locally and otherwise

Financing working capital needed for growth and small projects

Refinancing existing loans with current lenders/banks to achieve an optimal finance structure and full potential

Upgrading fixed assets

Owner equity takeouts

Distress situations

  

CANADIAN BANKS   

 

Do Canadian chartered banks take up the slack when commercial financial solutions for small businesses are required?

 

That debate rages eternally among business owners and financial managers. Of particular discussion is that in the small to medium-sized businesses(SME) marketplace in Canada, literally tens of thousands of firms, potentially like yours, feel somewhat underserved when it comes to realistic financing solutions for their business and the application process.

 

In Canadian business financing, new and mature businesses often cannot obtain bank loan financing to fund their business needs.

 

Also, credit approval timelines can be lengthy. Therefore, the broad landscape of alternative lenders for Canadian small businesses has increased significantly in Canada.

 

 

SME'S HAVE A CHALLENGE IN RAISING CAPITAL

 

Those bank credit lines are sometimes being cut back, doing little for the entrepreneur focused on growth, let alone hyper-growth! Again, recent surveys, albeit in the U.S., indicated that over 66% of all businesses in the SME sector reported their inability to raise external capital.

 

What, then, is the reason that financing is a stumbling block for businesses?  It’s because those businesses are outside the  ' credit box ' that traditional financing places on commercial lending.

 

Worse yet is the time clients have spent chasing the wrong lender for small business loans,  compounded often by their inability to present their business case properly.

 

Business owners are also always conscious of the cost of financing and the interest rate. For small business owners, the credit score, personal credit history, and net worth are always under the commercial lender's microscope via the loan application.

 

9  BUSINESS LOAN AND CASH FLOW FINANCING SOLUTIONS IN CANADA

 

A/R Financing

Inventory Loans

Access to Canadian bank credit

Non bank asset based lines of credit

SR&ED Tax credit financing - innovative financing for research programs and grants

Equipment / fixed asset financing

Cash flow loans

Royalty finance solutions

Government of Canada Small Business Loan Program—Guaranteed federal business loan—The Canada Small Business Financing loan is a government loan program to help fund new or existing businesses. Exciting changes to the program in 2022 allow businesses to buy real estate, purchase equipment and technology assets, fund leasehold improvements, and access financing to cover working capital costs and lines of credit at competitive interest rates. Intangible assets can also be funded under the approved credit limit.

 

Innovation, Science and Economic Development Canada administers the federal loan guarantee program for small and medium-sized businesses that use the program each year in addition to borrowing solutions.

 

Thousands of companies access small business loans under the SBL program every year. Loan terms and amortizations are flexible and tailored to the business. This loan guarantee program often solves start-up business loans in Canada, including franchise financing. Talk to the 7 Park Avenue Financial team about government loans and BDC loan requirements from Canada's crown corporation lender.

 

Some businesses wish to expand internationally while avoiding the risks of foreign environments. Government EDC funding can help in that regard, especially in terms of product and service financing.

 

 

  

WHY GET A BUSINESS LOAN?  

 

Growing your business might be the best reason to get business loans! The ability to generate an increased return on investment by solid debt and cash flow financing solutions is always a solid business decision. Whether it's looking at acquiring a competitor, starting a franchise,  purchasing new assets, replenishing inventory, or investing in classic or digital marketing strategies. Every industry has different capital and asset needs, so matching the right financing to those needs is key to long-term business success.

  

Case Study  

 

When a Toronto-based manufacturing company needed to expand production capacity to meet growing demand, traditional banks offered limited financing that covered only 40% of the necessary equipment costs.

 

Despite strong overall annual performance, the company's seasonal revenue pattern further complicated their application.

 

By partnering with a specialized business financing lender focused on manufacturing, the company secured 100% equipment financing with payments structured around their seasonal revenue cycles.

 

The lender recognized the value of the specialized equipment as collateral and understood the industry's typical cash flow patterns.

 

Results were immediate and significant:

• Production capacity increased by 85% within 60 days

• New contracts secured worth $1.2M in annual recurring revenue

• Hiring expanded by 12 new full-time positions

• Cash flow remained positive throughout implementation

• Company maintained 100% ownership while achieving growth targets

 

 

  

CONCLUSION - BUSINESS LENDING IN CANADA  

 

 

Ensure you focus on the right financing type for your business needs. Companies with existing credit facilities should ensure they are aware of all their financing options, including the need to conserve the cash and credit lines that they have already. Your business needs the right financial resources to be successful and grow—that's where good business lending comes in.

 

 

Canadian businesses want financing to help them grow, and affordable financing from banks is not always available.

 

Solutions such as equipment financing and term loans are the best method of acquiring long-term assets that will have a useful economic life throughout your business.

 

Call 7 Park Avenue Financial,  a trusted, credible and experienced Canadian business financing advisor who can assist you with your business loan and financing needs to help your business grow. Prayers answered!

 

 

  

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