YOUR COMPANY IS LOOKING FOR BUSINESS FUNDING!
ACCOUNTS RECEIVABLE FINANCING VIA THE FACTORING COMPANY SOLUTION
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
Business funding in Canada. Who is surprised whenever we read a large percentage of Canadian business owners and financial managers are not happy with their financing choices. And when it comes to the speed at which they can access working capital, let's just say it seems like Boston, 1919 all over again. (A major flood of molasses swept through the streets of Boston worse than a Tsunami - we're not kidding, check it out!)
ACCOUNTS RECEIVABLE FUNDING CAN CHANGE YOUR CASH FLOW!
Could AR financing ( also known as ' factoring' ) via account receivable finance reverse your cash flow fortunes? We know it does for thousands of firms just like yours and here's how and why. It's a short term solution for the ability to cash flow your outstanding invoices as you generate sales from the products or services your company sells. It's easy to get started as approvals from a factoring company are always quick and allow you to focus on long term growth of your business. Let's dig in.
A/R FINANCING IS THE FASTEST FORM OF CASH FLOW FUNDING
Let 7 Park Avenue Financial show you there is no greater form of quick financing today than accounts receivable financing. It's valuable, easy to achieve, and has many similarities (and some differences) to the traditional bank line of credit. Because on balance this method of financing your sales is more expensive than bank finance companies that tend to utilize it don’t have the balance sheets, profits, and outside collateral needed to access Canadian chartered bank financing. Your companys balance sheet always has value thought in asset based lending solutions.
YOU CAN TAKE ADVANTAGE OF SUPPLIER DISCOUNTS NOW!
Many companies that have vendors/suppliers that offer payment terms take advantage of accounts receivable financing to take those discounts for prompt payment that are offered. As you can imagine, this offsets a huge part of the cost of account receivable finance.
WHEN FACTORING DOES NOT WORK
When does this method of financing not work? That’s the question clients ask us when we're walking them through the process. The answer? If your firm doesn't have some respectable gross margins and your sales are going down not up... well let's just say this method is no longer optimal. The perfect A/R finance client in Canada has good sales opportunities, is pricing their products and services properly, and understands the cost of this method of growth financing is easily offset by good asset turnover and strong sales growth leading to more profits.
UNDERSTANDING KEY TERMS AND THE COSTS OF FINANCING
Where business funding via account receivable finance falls apart is when the Canadian business owner or financial manager fails to understand some key terms and falls headfirst into a facility that doesn't make sense for their firm. So it's our job we suppose to warn of those dangers.
Looking for an optimal way to achieve the benefits of this method of financing your sales? Our recommendation is to consider CONFIDENTIAL ACCOUNTS RECEIVABLE FINANCING. When properly structured it allows you to bill and collect your own receivables, finance them when YOU want, and still reap the benefits of same-day cash flow on sales generation.
CONCLUSION
Is financing accounts receivable for your firm? Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow needs and clarifying the process around this valuable method of working capital finance.
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/Rights Reserved
