Business Financing Advice: Expert Strategies for Canadian Entrepreneurs | 7 Park Avenue Financial

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YOUR COMPANY IS LOOKING FOR  BUSINESS FINANCING SOLUTIONS!

Discover Canada’s Power-Packed Business Financing Strategies

UPDATED 09/23/2025

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 - OUR EXPERIENCE = YOUR RESULTS

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 CREDIT ALTERNATIVES IN CANADA     

 

 

Breaking Through Canada's Business Financing Barriers

 

 

Canadian businesses lose $2.1 billion annually due to financing delays and rejections.

 

 

  

Traditional lenders reject 70% of small business applications, leaving entrepreneurs scrambling for alternatives. Meanwhile, opportunities slip away and operational challenges mount.

 

 

7 Park Avenue Financial bridges this gap with tailored financing solutions that work for real Canadian businesses, not just perfect credit scores.

 

 

  

SME Financing Demand in Canada

• 91% of small and medium-sized enterprises (SMEs) rely on external financing for growth or operations.

• (Source: Innovation, Science and Economic Development Canada, 2023)

 

 

 

  

Canadian business financing advice is everywhere, but how do you find a trusted advisor? Choosing the wrong financing solution can cause challenges that are not easily fixed.

 

 

  

  

Are You Getting the Right Business Financing Advice?  

 

 

  

Business owners and financial executives want independent and reliable financing advisors. The question is: how do you select one? Who has the skills to get the job done?

 

 

  

  

The Challenges of Growing a Business  

 

 

  

Today’s business owners don’t have time to waste. Financial and growth challenges are constant. Owners and managers look for someone with real expertise and solutions.

 

 

Trust must go both ways. Owners must clearly define goals and expectations. Advisors and businesses must agree on roles before moving forward.

 

Once chosen, an advisor needs access to company data and key information to recommend solutions.

 

 

  

Business Loans to Suit Your Company and Industry

 

 

 

Many financing challenges are industry-specific. This is not the time to train an advisor about your business. Some challenges are generic, but communication about your situation is essential.

 

 

Advisors must identify early warning signs. In some cases, companies are already facing serious trouble.

 

 

  

Focus on Key Information  

 

 

 

An advisor needs clarity on:

 

  

• Sales trends

• Profits and margins

• Current lenders and interest rates  ( A business loan calculator is a great tool )

• Working capital needs to address funding operations and unexpected expenses

• Asset positions

• Future business goals

 

 

  

Alternative Lending Growth

• Use of non-traditional lenders (fintech, private lenders, asset-based lenders) has grown by more than 25% over the last five years.

• (Source: Globe and Mail / CB Insights Canada)

 

 

 

Canadian Business Financing Solutions That Work

 

 

At 7 Park Avenue Financial we focus on Canadian Business Financing solutions such as:

 

 

• Accounts receivable financing

• Purchase order finance

• Working capital term loans

• SR&ED Tax Credit Financing   ( SR&ED Tax Credit Financing

• Over $3 billion in Scientific Research and Experimental Development (SR&ED) credits are claimed annually in Canada, with financing advances covering up to 70% of expected refunds.

• (Source: CRA / Industry Canada)) 

 

• Asset-based non-bank credit lines

• Equipment financing or leases

• Commercial mortgages

• Sale-leaseback of assets at competitive  rates re: interest payments

• Merchant cash advances and short-term working capital loans for fast loan approval

• Traditional bank loans and lines of credit

• Government-guaranteed loans / government funding - Minimal personal guarantees =  Federal  Small Business Financing Program                                                                                                (Canada Small Business Financing Program (CSBFP)

• Over 10,000 businesses access CSBFP loans annually, with an average loan size of approximately $200,000.

• (Source: Government of Canada – CSBFP Annual Report) )

 

 

Financing Option	Purpose	Funding Range	Pros	Cons
Accounts Receivable (A/R) Financing	Unlocks cash tied up in unpaid invoices	Typically up to 90% of invoice value	Fast access to working capital; grows with sales	Fees can be higher than bank loans
Purchase Order (PO) Financing	Funds supplier costs for large customer orders	Varies by order size and creditworthiness	Helps fulfill big orders without cash strain	Costs more than traditional bank financing
Working Capital Term Loan	Covers short-term operating expenses	$25,000 – $500,000+	Predictable fixed payments; flexible uses	Requires good credit and cash flow history
SR&ED Financing	Advances on federal R&D tax credits	Up to 70% of expected refund	Improves cash flow for innovation and R&D	Available only to eligible SR&ED claimants
Asset-Based Lending (ABL)	Loans secured by receivables, inventory, or equipment	$250,000 – $10M+	Higher approvals than bank loans; scalable	Requires collateral monitoring and reporting
Equipment Loans/Leases	Purchasing or upgrading business equipment	$10,000 – $1M+	Preserves cash flow; tax advantages	Equipment may depreciate faster than loan term
Commercial Mortgages	Purchase, refinance, or expand real estate	$100,000 – $20M+	Builds equity; long repayment terms	Approval process can be lengthy
Merchant Cash Advance	Advance based on future credit card sales	$5,000 – $250,000+	Fast approval; flexible repayments - quick funding into the business bank account	High fees; daily repayment obligations
Government-Guaranteed Loans (CSBFP)	Finances equipment, real estate, leasehold improvements, and working capital	Up to $1.15M	Lower rates; partial government guarantee	Restricted uses; requires lender participation

 

 

Growth Financing Needs

• More than half (54%) of Canadian SMEs report they will require financing within the next three years, primarily for working capital, equipment, and technology investments.

• (Source: Statistics Canada, 2022)

 

 

This list is a starting point. Businesses must know their medium-term goals and discuss realistic timelines for success. Venture capital and private equity may also be options, but not for every company.

 

 

  

Trusted Partners  

 

 

Check the advisor’s background and experience. References are valuable, especially from bankers, accountants, or lawyers.

 

Professional affiliations can add credibility but are not always essential. What matters is that the advisor demonstrates expertise, credibility, and the right attitude.

 

 

Credibility and Experience

 

 

Discuss timelines, responsibilities, and expectations early. Chemistry matters because business is built on people. You don’t have to like an advisor, but trust and professionalism are essential.

All engagements should be documented properly, including fees and confidentiality agreements. A credible advisor will sign a non-disclosure agreement without hesitation.

 

  

Case Study  

 

 

Company: Manufacturer  

 

Challenge: This Toronto-based custom furniture manufacturer needed $150,000 to purchase CNC equipment but was rejected by three banks / financial institutions due to seasonal revenue fluctuations in the furniture industry.

 

Solution: 7 Park Avenue Financial structured a 24-month new equipment financing package with seasonal payment adjustments, allowing higher payments during peak months (September-February) and reduced payments during slower periods.

 

Results: The company  increased production capacity by 300%, reduced labor costs by 40%, and achieved $400,000 in additional annual revenue within 18 months while maintaining healthy cash flow throughout seasonal cycles.

 

 

 

 

Key Takeaways

 

 

• Choosing the wrong financing advisor can create costly challenges.

• Trust and clear communication are essential between advisor and owner.

• Advisors should assess sales, profits, lenders, assets, and future goals.

• Financing solutions include A/R financing, working capital loans, SR&ED financing, equipment loans, and government-backed programs.

• References and credibility checks ensure you select a qualified partner.

• Contracts and NDAs protect businesses in financing engagements.

 

  

Conclusion  

 

 

A trusted business financing advisor is a valuable external resource for Canadian small businesses.

Business owners and managers should carefully evaluate potential advisors. The right advisor brings expertise, financing solutions, and a clear path to business success.

 

Contact 7 Park Avenue Financial today to explore financing strategies with solid business advice, tailored to your business needs.

 

  

FAQ: Frequently Asked Questions  

 

 

What is the Canada Small Business Financing Program?
This program helps small businesses access financing through banks and other lenders. The government shares the risk, allowing businesses to borrow up to $1.15 million. Funds can be used for real estate, equipment, leasehold improvements, intangibles, and working capital.

What are some uses of a small business loan?
Loans can fund equipment upgrades, leasehold improvements, inventory, relocation, and other operational needs. Proper financing ensures business continuity and growth.

What is the best financing option for a small business?
Options include credit cards, lines of credit, term loans, government-backed loans, equipment loans, commercial mortgages, and franchise financing. The best choice depends on your business size, industry, and financial goals.

 

 

  

Statistics on Business Financing  

 

 

• 70% of small business loan applications are rejected by traditional banks
• Canadian small businesses contribute $147.8 billion to the GDP annually
• 47% of small business owners use personal funds as primary financing
• Alternative lenders approve 80% more applications than traditional banks
• Business financing delays cost Canadian companies an average of $50,000 in lost opportunities annually
• 63% of business owners cite cash flow as their primary financial challenge

 

 

 

Citations

 

 

1. Canada, Statistics. "Key Small Business Statistics - January 2023." Innovation, Science and Economic Development Canada, January 15, 2023. https://www.ic.gc.ca/
2. Bank of Canada. "Business Credit Availability Survey - Q4 2023." Bank of Canada Publications, December 2023. https://www.bankofcanada.ca/
3. Canadian Federation of Independent Business. "Business Barometer - Financing Challenges Report." CFIB Research, March 2024. https://www.cfib-fcei.ca/
4. Export Development Canada. "Alternative Lending in Canada: Market Analysis 2023." EDC Economics, 2023. https://www.edc.ca/
5. Financial Consumer Agency of Canada. "Small Business Financing Guide." Government of Canada, 2024. https://www.canada.ca/en/financial-consumer-agency/
6. 7 Park Avenue Financial ."Canadian Business Financing Solutions for Growth and Working Capital" https://www.7parkavenuefinancial.com/home-page.html
7. 7 Park Avenue Financial "Business Funding Companies: Essential Financial Partners for Canadian Business"https://www.7parkavenuefinancial.com/cash-flow-financing-business-funding.html