YOUR COMPANY IS LOOKING FOR BUSINESS FINANCING SOLUTIONS!
FIXING THOSE CASH FLOW ISSUES
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
It's actually not a mystery, although many business owners and financial managers think they have no, or limited access to business financing solutions/business loans, when they are experiencing cash flow problems.
WHAT IN FACT ARE THE ROOT CAUSES OF YOUR CASH FLOW CHALLENGE ?
The reality? If you’re honest about recognizing the root causes and real current situation around small business working capital and cash flow problems you’re going to find that nothing is really hiding between you and access to cash flow nirvana!
PROFIT AND SALES GROWTH DO NOT EQUAL CASH FLOW!
That's why it's critical to understand why you are in fact seeking small business cash flow solutions. It goes beyond the aspect of profit, and focuses on the basic needs of your business - buying more assets, real estate perhaps, and having enough cash on hand to operationally run your business successfully. And if you are in the throes of a turn around it’s simply a case of getting more time and muscle behind your well-earned turnaround. So seeking the right financial solution allows you either to start a business, grow it, or survive when times seem a bit tough... generally that's when expenses exceed revenue!
Timing is everything when it comes to achieving success in business cash financing. We recall Ford Motor Company having refinanced their entire corporation just before the 2008 worldwide meltdown, allowing them to weather the storm a lot better than many of their competitors. Whether that was more luck and timing than planning we'll never know, but boy did it work!
MONETIZING ASSETS VERSUS FINANCING ASSETS
Remember also that there is a big difference between financing assets and working capital, so spending some solid time around getting working capital and cash flow facilities in place allow you to access funds on the asset monetization process that you put in place. The concept of matching in financing is important - namely using long term financing for long term asset acquisition when assets will have a significant useful life.
A quick example - you need to finance a short term asset for a major project... you want a 25-month lease or loan. You approach your asset finance partner who indicates they can't do a 2-year lease or loan, and furthermore, they don't offer operating leases. The solution? Find someone who does!
Simply speaking ... get approved for the type and amount of line of credit cash flow facility you need is a lot more difficult when your balance sheet and income statement are showing business stress.
Ensuring payment terms from your clients are adhered to is always a challenge, necessitating at times some level of traditional or alternative A/R financing and cash flow management to help manage your current asset investment in receivables. Late payments from clients seem to be the norm these days, not the exception! Many firms are in seasonal businesses, further complicating day to day cash management.
The key to business cash flow financing solutions is... surprisingly... knowing which ones to pick, and yes it does seem sometimes that you are not being told the whole truth ... is something being hidden. One possible reason for that... that the institution or commercial finance company you are dealing with can’t deliver on that solution... perhaps because they don't offer it.
Also, make sure to understand some of the other factors of business financing solutions that many business owners/managers don't consider when they attempt to access financing. That might include your industry, your geographical location (not all Canadian business lenders are everywhere), and finally our personal credit situation as a guarantor.
At the end of the day, it certainly might seem like you're not being told the truth about finance solutions in Canada.
REAL WORLD BUSINESS FINANCE SOLUTIONS YOUR COMPANY CAN ACCESS TODAY
A harsher reality might be that you have simply been working with the wrong party and don't know that you have solutions in place around :
A/R Financing
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
Royalty finance solutions
Government Of Canada Small Business Loan Program - The Guaranteed federal business loan
CONCLUSION
The solution for small business owners around those common cash flow problems ? Speak to a trusted, credible and experienced Canadian business financing advisor with access to multiple finance solutions for your firm... today.
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/Rights Reserved
