YOUR COMPANY IS LOOKING FOR WORKING CAPITAL AND
CASH FLOW SOLUTIONS!
CASH FLOW LOANS FOR SMALL BUSINESS VIA CASH FLOW BASED LENDERS
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
Can cash flow lenders and funding solve or fix the challenges that Canadian business owners and managers face? We’re not exactly sure your firm can become a ' cash flow gusher ' but the reality is that these sorts of solutions can stabilize and help grow your company. Let's explain.
WARREN BUFFETT ON CASH FLOW?
At 7 Park Avenue Financial we're taking somewhat of a large liberty in redoing what of Warren Buffets great sayings - our version as follows:
‘There are only 2 rules in business. Rule # 1- generate cash flow. Rule # 2 - (here it comes) ' Don't forget Rule # 1.
THE CASH FLOW CRUNCH
In any business, there are going to be some times when you veer off the road and make some mistakes, and becoming cash flow tight temporarily will no doubt be one of them. So some wise advice is to get to know the potential solutions to cash flow financing in advance - simply investing a bit of time in understanding what your options are for success in approval around the underwriting process.
BUSINESS FINANCE SOLUTIONS
What are those options then? Some of them you may have heard of, perhaps your firm is even using them. In other cases, the terminology might be new and you'll have to trust us that they are worth checking into.
And those solutions? They include:
A/R Financing/ Short Term Line Of Credit
Inventory Loans
Access to Canadian bank credit
Non bank asset based lines of credit
SR&ED Tax credit financing
Equipment / fixed asset financing
Cash flow loans/ Merchant Cash Advance ( Owners must have a good credit score) ( Simple application process)
Royalty finance solutions
Government Of Canada Small Business Loan Program - The Guaranteed federal business loan
Oh, by the way, most of these facilities simply monetize your assets, so you are not in any case taking on long-term debt as in the case of a term loan business loan. We're pretty sure the revered Mr. Buffett would give us thumbs up on that one. So how do you know when you need one or several of these solutions? Larger firms take a look at some reliable indicators of measuring your progress in the cash flow area.
THE IMPORTANCE OF UNDERSTANDING KEY RATIOS IN YOUR FINANCIAL STATEMENTS
Oh, and by the way, these ratios (we call them relationships) are available to the small and medium-sized business owner; they are just too busy putting out cash flow brush fires to check them out. Point hopefully well made!?
In case you haven’t figured it out by now these same rations or relationships are in fact used by pretty well anyone looking to lend your firm money. They help to evaluate risk and are a solid reflection of how you're managing your assets and resources in general. Ultimately small business owners are of course looking for assurance that they can meet the payments in their loans and financing. One final point - having a bit of handle on these numbers allows you to foresee future problems.
THE WORKING CAPITAL RATIO
The ratio/relationships you should have a solid handle on include the working capital ratio, cash flow coverage, debt to equity, and our personal favourite operating cash flow. The latter is the real-world indicator of what's happening as there can be a lot of mistakes hiding behind a few of those other numbers in your financial statistics. The quality of your financials will always determine interest rates on any type of business finance when it comes to repayment terms around your business needs.
CONCLUSION
If you want to strive to make your business more of a 'gusher' than a user seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can ensure solutions from cash flow lenders bring your business the funding it needs. We want to help your business for business loans and funding that make sense to your company and industry needs.
P.S. And don't forget rule # 2!!
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/Rights Reserved
