YOUR COMPANY IS LOOKING FOR BUSINESS LENDING SOLUTIONS FOR
FINANCING A BUSINESS IN CANADA!
From Strategy to Execution: The Power of Business Finance Consultation
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
Explore how Business Finance Consultants can transform your business with strategic financial solutions. Unlock growth potential and secure your business's future.
7 Park Avenue Financial originates business financing solutions for Canadian Businesses – We offer BUSINESS FINANCE CONSULTING & FINANCE SOLUTIONS that solve the issue of cash flow and working capital – Save time and focus on profits and business opportunities
Bridging the Gap: How Business Finance Consultants Drive Growth
INTRODUCTION - BUSINESS FINANCING SOLUTIONS & THE BUSINESS FINANCE CONSULTANT
Financing a business in Canada. Decisions, decisions... decisions! It seems you always have unanswered questions - what type of business lending is best for my firm, what types of finances are available in the Canadian financial services sector ? ... who can we talk to .. and on it goes.
HOW MUCH DEBT CAN YOUR COMPANY TAKE ON
The word ' debt ' keeps coming up when it comes to accessing financial solutions for your small business/company... how much seems to ring a bell? That is the small business financing conundrum and that's a key role of business financial consultants.
YOUR FIXED COSTS DON'T FALL IF SALES GO DOWN!
One of the things that business owners and financial managers often don't think about is the concept of ' fixed costs ' in their small businesses. Those costs will always stay the same, no matter if your sales revenues and cash flows go up... or down. When times are great those costs stay the same and your company rises above the tide when it comes to profits, etc. However, if sales and cash flows decline your fixed costs unfortunately don’t fall in tandem.
LEVERAGE IS THE DOUBLE EDGED SWORD OF SMALL BUSINESS
It's all about leverage, and that becomes a double-edged sword in business. That leverage that we associate with fixed costs and debt is risky but at the same time provides greater returns if your company is successful and growing. Let 7 Park Avenue Financial, your financial consultant, demonstrate leverage around your business strategy.
TWO TYPES OF LEVERAGE - OPERATING & FINANCIAL
We break leverage down into two different types - operating and financial. Financial is of course relating to that debt and the amount we're willing to take on. Operating leverage on the other hand revolves around the number of fixed costs you undertake.
No matter which type of leverage you’re talking about it always comes back to that balancing act of how much is appropriate.
DEBT OR EQUITY FOR YOUR COMPANY?
If you are not a public company it becomes a financial decision you make as to taking on debt ... unlike the public company, you’re not in a position to go to the shareholders and ask for more equity.
At the end of the day most Canadian business owners and financial managers borrow somewhere down the middle - by that we mean they don’t take on onerous debt, , yet they do take on some form and amount of debt.
INTEREST RATES AND THE COST OF FINANCING IN BUSINESS LOANS
One of the main decisions that business owners make around accessing business lending is the idea of making more return than the actual rates they are paying for debt.
That becomes a challenge is your rates to finance are particularly high, which no doubt relates to your overall credit quality as perceived by lenders when financing a business in Canada.
Your lenders, as we have pointed out in the past, do not share in the upside - they only want to cover off their risk and return. And if they have sufficient collateral or confidence in your cash flow all the better. That helps your interest rate also!
Canadian business owners benefit from leverage by accessing the right amount and type of financing when it comes to small business loans in Canada. Working capital, cash flow and debt solutions are available from alternative finance companies or traditional lenders.
EXAMPLES OF TRADITIONAL AND ALTERNATIVE FINANCING SOLUTIONS FOR FINANCING A BUSINESS IN CANADA
That includes :
Receivable Financing/ Securitization
Inventory Finance
Equipment Leasing
Supply Chain/PO finance
Bridge Loans
Canadian Chartered Bank Facilities
ABL Asset Based Lending
Royalty Financing
Tax Credit Monetization
Cash flow loans
Subordinated Debt
Government Business Loans Canada
KEY TAKEAWAYS
Financial Needs Assessment:
- Analyzing your business's financial health and identifying the right type and amount of funding you need.
- Loan and Grant Procurement: Guiding you through the complex loan and grant application process to secure the best financing options.
- Business Plan Development: Assisting you in creating a compelling business plan that convinces lenders or investors of your business's viability.
- Cash Flow Management: Helping you develop strategies to optimize your cash flow and ensure you have enough working capital for ongoing operations.
- Cost Reduction Strategies: Identifying areas where you can cut unnecessary expenses, improve profitability, and free up resources for growth.
CONCLUSION
Speak to 7 Park Avenue Financial, a trusted, credible and experienced Canadian business financing advisor on its expertise and advisory services in business lending in Canada, as it pertains to your firm's needs for a business loan or financing solution. Be prepared to professionally present a business plan and cash flow projection is some of the best advice we give our clients.
FAQ FREQUENTLY ASKED QUESTIONS / PEOPLE ALSO ASK / MORE INFORMATION
How can a business finance consultant help me secure funding?
Business finance consultants have a deep understanding of various funding options, from loans and grants to lines of credit and venture capital. They can guide you through the application process, ensuring you present a strong case and increasing your chances of success.
What are the different types of business financing available?
There's a range of financing options available, including traditional bank loans, government grants, lines of credit that provide access to ongoing capital, and venture capital from investors seeking high-growth businesses. A consultant can help you identify the best fit for your specific needs and financial situation.
Do I need a business plan to secure funding?
Absolutely! A well-crafted business plan is essential for securing funding. It acts as a roadmap for your business, showcasing its potential and viability to lenders or investors. A consultant can assist you in developing a compelling plan that highlights your competitive edge within your industry. Additionally, lenders typically require up-to-date financial statements, accounting and tax returns, and bank statements to assess your financial health.
How can a consultant help me manage my cash flow?
Cash flow management is crucial for any business. Consultants can analyze your spending habits and develop strategies to optimize your cash flow. This ensures you have enough capital to cover ongoing operational expenses and avoid cash flow shortfalls.
Can a consultant help me reduce costs?
Business finance consultants can identify areas where you can cut unnecessary expenses. This can improve your profitability, free up resources for growth, and put you in a stronger financial position.
What are the different financial statements a business needs?
Three main financial statements provide a comprehensive overview of your business's financial health:
- Income statement: Summarizes your revenue and expenses over a specific period, showing your net profit or loss.
- Balance sheet: Provides a snapshot of your business's financial position at a specific point in time, outlining your assets, liabilities, and shareholders' equity.
- Cash flow statement: Details the cash inflows and outflows of your business over a period, categorized into operating, investing, and financing activities.
What are the key financial ratios used to analyze a business?
Financial ratios are metrics used to assess a business's performance and financial health in various areas. Some common ratios include:
- Profit margin: Measures the profitability of your business by dividing net income by revenue.
- Debt-to-equity ratio: Indicates how much debt your business finances its operations compared to shareholder equity.
- Current ratio: Assess your business's short-term liquidity by comparing current assets to current liabilities. These ratios help lenders and investors evaluate your business's risk profile.
