YOU ARE LOOKING FOR BUSINESS FINANCING ADVISOR!
SMALL BUSINESS FINANCIAL ADVISORY SERVICES
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
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
Oakville, Ontario
L6J 7J8
"Stop gambling with your business's financial future – expert guidance is closer than you think."
"Good financial planning is not about money. It's about creating and protecting opportunities." - Joe Duran
7 Park Avenue Financial originates business financing solutions for Canadian Businesses – We offer Business Funding and working capital solutions – Save time, and focus on profits and business opportunities
7 Park Avenue Financial: “Canadian Business Financing with the intelligent use of experience”
What is a Business Loan Advisor?
A business financing advisor needs to arise around your company's timeframes. Your firm’s size and ‘stage of life’ are key components of understanding the need (or lack of need) for funding and longer-term growth.
FROM FINANCIAL CONFUSION TO BUSINESS FUNDING CLARITY
Struggling to secure the right business financing can paralyze your growth plans. Without expert guidance, companies risk accepting unfavourable terms, missing crucial opportunities, or getting rejected by banks and other commercial lenders.
Let the 7 Park Avenue Financial team help your business eliminate these uncertainties, providing tailored solutions, negotiating better terms, and significantly increasing your approval chances through established traditional and alternative lender networks.
DID YOU KNOW?
- 72% of businesses using loan advisors secure better interest rates
- 89% higher approval rates with professional loan guidance
- Average savings of 2.3% on interest rates through advisor negotiations
- 65% faster loan processing with advisor assistance
- 93% client satisfaction rate with professional loan advisors
Understanding Business Financing
Business financing refers to the process of obtaining funds to support a business's operations, growth, and development.
It involves exploring various financing options, such as loans, lines of credit, and investments, to meet a business's unique needs. Understanding business financing is crucial for entrepreneurs and small business owners to make informed decisions about their financial management.
Whether covering start-up costs, managing cash flow, or investing in new opportunities, a solid grasp of financing options can significantly impact a business's success and sustainability.
The majority of business owners/financial mgrs we meet are focused on the challenges of improving their business from a finance and funding perspective. They are looking for a competitive edge. Specific costs that can be financed include working capital and registration fees.
The debate rages on whether the Great Recession of 2008-2009 still has lingering effects on the ability to access capital- And can we not even talk about the epidemic of 2020?
Closer to reality is that bank credit requirements (in Canada) haven’t changed. The requirements are clear: good financials, collateral, solid business plans, and financial commitment from the owner.
When businesses can’t access the bank capital they need, they are confronted with expanding their companies, refinancing, and getting a business credit line that makes sense. Many new ‘ niche’ alternative financing sources are available to access capital.
Enter stage left, the business financing advisor. He or she typically has a background in both SME COMMERCIAL FINANCE needs and has worked with or for larger firms who seem to master finance requirements, with resources often not available to small or mid-market firms.
Benefits of Working with a Business Financing Advisor
Working with a business financing advisor can provide numerous benefits, including:
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Expert Guidance: Navigating the complex world of business financing can be daunting. A business financing advisor offers expert guidance, helping you understand the best financing options tailored to your business needs.
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Access to a Network of Financial Institutions: Advisors often have established relationships with multiple financial institutions. This network can increase your chances of securing a loan or other financing solutions that might not be readily available.
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Time-Saving: Handling paperwork and negotiations can be time-consuming. A business financing advisor can manage these tasks, allowing you to focus on running your business.
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Improved Cash Flow: Effective cash flow management is critical for any business. A financing advisor can help you optimize your cash flow, ensuring you have the funds to meet your financial obligations and invest in growth opportunities.
How a Business Financing Advisor Can Help
A business financing advisor can assist businesses in various ways, including:
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Identifying the Best Financing Options: By assessing your financial situation, a business financing advisor can identify your business's most suitable financing options. This ensures you choose the right type of financing that aligns with your goals and needs.
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Preparing Loan Applications: The loan application process can be intricate. A business financing advisor can help prepare your loan applications, ensuring all necessary documentation is in order and increasing your chances of approval.
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Negotiating with Financial Institutions: Securing favourable interest rates and terms can be challenging. A business financing advisor can negotiate on your behalf with financial institutions, leveraging their expertise and relationships to get the best deal.
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Providing Ongoing Support: Financial management doesn’t end once you secure financing. A business financing advisor can offer ongoing support and guidance, helping you manage your finances effectively and adapt to changing circumstances.
Business Financing Options
There are various business financing options available, including:
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Small Business Loans: Explicitly designed for small businesses, these loans can be used for start-up costs, working capital, or investment properties. They provide the necessary funds to help your business grow and thrive. An accurate amortization schedule is crucial for calculating business loan payments and managing debt service effectively.
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Lines of Credit: A line of credit offers access to a revolving credit line, which can be used for short-term financing. This flexibility allows businesses to manage cash flow fluctuations and cover unexpected expenses.
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Invoice Financing: This type of financing allows businesses to borrow against outstanding invoices, providing quick access to cash. / Confidential receivable financing effectively improves cash flow without waiting for customers to pay their invoices.
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Asset-Based Financing: This option secures a loan by using business assets such as equipment or real estate property as collateral. It is particularly useful for businesses with significant tangible assets.
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Personal Guarantee: Some financing options require a personal guarantee, meaning the business owner is responsible for repaying the loan. This can provide additional security for lenders and potentially lower interest rates.
When exploring business financing options, it’s essential to consider factors such as interest rates, monthly payments, and amortization schedules.
A business financing advisor can help businesses navigate these options and make informed decisions about their financial management, ensuring they choose the best solutions for their unique needs.
Business funding advisors such as 7 Park Avenue Financial are a new breed of business finance advisory services providing access to funding from traditional finance and banking solutions to the newer world of alternative finance solutions. Proper finance solutions allow you to run and grow your business.
Do you need corporate financial advisory help?
You categorically do not if you:
Understand all your finance options and access all funding sources with your own expertise – you understand all traditional and alternative business finance sources.
Are profitable and cash flow positive and can grow at any rate you wish
Have all the working capital needs you require
Your needs in the start-up to SME stage are often focused on specific transactions and needs. The goal? Improve your chances of success and timing in business finance needs!
Those needs are in the areas of:
A/R Financing
Inventory Finance
Working Capital Term Loans
Tax Credit Monetization Financing1)
Government Guaranteed Business Loans / BDC 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
What are the requirements you need to assess a good business financing advisor? They are experience, credibility, expertise, track record, and cost.
So, do you need a business corporate finance advisor? It’s your call. Tuition is very costly when making the wrong choices in the school of experience.
Today, big businesses are big on outsourcing. SME firms should consider outsourcing their financing needs, utilizing a corporate financial outsider to help them access opportunities and advantages in Canada's new business financing landscape.
Researching different financial institutions is crucial as they determine loan terms, such as interest rates and conditions, based on their policies.
Lenders may require various types of collateral, including intangible assets and leasehold improvements, to secure their loans.
Key Takeaways
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Understanding credit requirements drives successful loan applications
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Relationship networks with multiple lenders create competitive options
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Industry-specific expertise leads to tailored financing solutions
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Cash flow analysis determines appropriate loan structures
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Risk assessment skills prevent costly financing mistakes
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Evaluating the interest rate along with other loan terms and conditions is crucial when considering financing options for businesses
CONCLUSION - BUSINESS FINANCE ADVISORY AND EXPERT GUIDANCE
Talk to 7 Park Avenue Financial for your Canadian Business Financing needs - A trusted, credible and experienced Canadian business financing advisor, delivering value in financial services you need to run your business.
FAQ
How soon can a Business Loan Advisor help secure financing?
- Most advisors can provide initial options within 24-48 hours
- Full funding typically takes 1-2 weeks for standard requests
- Complex financing may require 3-4 weeks
What fees do Business Loan Advisors typically charge?
- Success-based fees range from 1-3% of the secured amount
- Some charge flat consultation fees
- Others work on retainer for ongoing support
Can business advisors help if banks reject my firm?
- Alternative lending options are often available
- Credit repair strategies can be implemented
- Industry-specific solutions may be explored
Need better loan terms for your business?
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Professional negotiation with multiple lenders
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Access to exclusive financing programs
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Leverage industry relationships for preferential rates
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Custom-tailored solutions for your business
Wondering how to improve approval chances in business financing?
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Expert application preparation
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Financial document optimization
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Strategic presentation of the business case
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Pre-emptive problem resolution
How do loan advisors differ from bank officers?
What preparation is needed before meeting an advisor?
How long does the advisory process take?
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Initial consultation: 1-2 hours
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Assessment phase: 2-3 days
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Lender matching: 1 week
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Funding completion: 2-4 weeks
What types of financing can advisors access?
What ongoing support is provided?
What makes a business loan advisor valuable?
How do advisors improve loan terms?
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Competitive lender bidding
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Strong relationship leverage
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Expert market knowledge
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Professional application packaging
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Strategic timing implementation
What distinguishes top loan advisors?
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Industry specialization depth
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Success track record
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Professional certifications
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Client satisfaction metrics
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Market reputation strength
