Financing A Business Growth Capital Funding | 7 Park Avenue Financial

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Financing A Business In Canada: Growth Capital Funding
Stalking Growth Capital In Canada For Your Funding & Business Finance Needs



YOUR COMPANY IS LOOKING FOR  HELP IN FINANCING A BUSINESS!

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

financing a business and finance for a business

Financing a business in Canada can sometimes make the entrepreneur/business owner/manager feel like ' stalking ' (without the creepy connotations!).  How can that experience be turned into a positive one, given the challenges and often the stress of searching for growth capital or operating finance solutions? Let's dig in.

 

THE IMPORTANT OF PRESENTING YOUR COMPANY CLEARLY

 

It's a given that any lender (whether that be traditional banks or commercial finance companies/alternative financiers) will want to ensure the odds of success in your company are positive. That requires the owner/manager/entrepreneur to ensure that certain business aspects are presented clearly.

 

FOCUS ON GOOD CASH PROJECTIONS RELATIVE TO YOUR SALES FORECASTS

The often prepared sales forecasts must come from the often forgotten cash flow forecast, financial statement presentation! It also helps to position your company in the best light when knowing your competition or industry stats and make sure you are more eligible for funding.

 

YOUR GROWTH PLANS WILL DICTATE FINANCING NEEDS

How you intend to grow and how much is as important- as that often will direct you to the type of financing you need - that might be term loans, operating lines of credit, lease financing, or asset monetization. Note also that high growth comes with constant financing challenges as you require further investments in current assets such as accounts receivable, inventory, human capital, r&d etc.

 

WHAT ARE THE ADVANTAGES OF GOOD GROWTH FUNDING

 

The advantages of selecting the right funding are clear - it allows you to achieve your growth expectations more quickly and realistically.  If your business is somewhat, or a lot, capital intensive, the financing associated with those capital needs must be addressed early on.  Naturally, the financing needed might be ' operating' in nature (salaries, rent, insurance, etc.) or our previously mentioned ' capital ‘in nature. (Technology, plant equipment, software, real estate, etc.)

 

financing for business         and finance for business

CANADIAN BUSINESS FINANCING SOLUTIONS

Because Canadian banks tend to be ' cash flow ' lenders, any firm in start-up or early-stage will find it very difficult to attract capital they need in our previously mentioned categories.  It might be a surprise to many, but traditional banking does not necessarily like high growth/explosive growth stories!In many cases, that's where ' Alternative ' non-bank financing comes in. 

 

This financing includes:

 

A/R Financing

 

Inventory Finance

 

Working Capital Term Loans

 

Tax Credit Monetization Financing

 

Government  Guaranteed Business Loans

 

PO/Contract financing

 

Sales royalty financing

 

Asset-based business credit lines - revolving facilities that allow you to borrow against receivables, inventory and equipment

 

Equipment Leasing/ Sale Leasebacks - long term financing of assets

 

A great example of a ' hybrid’ traditional/alternative finance solution is the Canada Government Guaranteed Small Business Loan which can provide up to  350,000.00 financing for start-ups and young businesses with less than 10 Million dollars in revenue projected sales. The ' sbl loan ' is arguably the best small business loan for start-ups, early-stage firms, buying a franchise, etc.

 

 
THE IMPORTANCE OF BALANCE DEBT, EQUITY, AND CASH FLOW SOLUTIONS 

 

Unfortunately, the inexperienced in their ' stalking ' for business finance solutions can do serious damage to their businesses. That might mean taking on too much debt, the wrong debt for the need - impacting the balance sheet in a way that cannot be undone without harm.

SEPARATING BUSINESS LIFE WITH PERSONAL LIFE IS KEY

 

Business owners often forget to ensure that business life is separated from their personal financial history - so all efforts should be expended to ensure only a minimum amount of personal collateral is pledged to the business lender - bank or otherwise.

 

Financing needs can often be quantified by some simple planning - along the lines of understanding your needs, knowing you can fulfill them ( traditional/alternative )  and ensuring you have assets or a financial package that highlights repayment. A solid business plan is a  must in most growth finance aspects - 7 Park Avenue Financial business plan meets and exceeds bank and commercial lender requirements.

 

how to get funding for your business and funds for business

 

CONCLUSION

 

If you're looking for assistance and some ' stalking ' help address the right financing for your needs, seek out and speak to 7 Park Avenue Financial,  a trusted, credible and experienced Canadian business financing advisor who can assist you with your growth capital and funding requirements.

 

 

Click here for the business finance track record of 7 Park Avenue Financial





7 Park Avenue Financial/Copyright/2021/Rights Reserved

' Canadian Business Financing With The Intelligent Use Of Experience '

 STAN PROKOP
7 Park Avenue Financial/Copyright/2021

 

 

 

 

 

Stan Prokop is the founder of 7 Park Avenue Financial and a recognized expert on Canadian Business Financing. Since 2004 Stan has helped hundreds of small, medium and large organizations achieve the financing they need to survive and grow. He has decades of credit and lending experience working for firms such as Hewlett Packard / Cable & Wireless / Ashland Oil