YOUR COMPANY IS LOOKING FOR BUSINESS FINANCE SOLUTIONS!
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 - INFO@7parkavenuefinancial.com
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Suite 301
Oakville, Ontario
L6J 7J8
Direct Line = 416 319 5769
Email = sprokop@7parkavenuefinancial.com
Working capital shortages, seemingly permanent or temporary, quickly have business owners in the SME (small to medium enterprise) commercial sector realizing one thing... Growth sucks... the cash flow out of your business. So the question quickly becomes: What is the right cash flow finance strategy for your company? Let's dig in.
One top expert in the cash flow field surely put it right: Cash flow shortages are the ‘first law of entrepreneurial gravity '! Part of that conundrum is the fact that achieving growth through a focus on mostly higher sales ( and hopefully profits ) often has the business running short of working capital given that new assets often need to be purchased or replaced, and the fact that the build up in receivables and inventory add to the cash flow exit .
In many cases, relationships with suppliers can be strained during this period. It's a vicious circle of business with each participant in the supplier/customer relationship, each trying to maximize their own cash and profit position.
While your financial statements will ' always' tell the tale, it’s a hard fact of business that many owners/managers don't necessarily know how to interpret this data. Complicating the problem is that financials reflect what just happened, not what is going to happen! The three basic parts of your financial cash flow will clearly identify your actual operating cash, what money came into the company via any equity, and what went out via borrowing. (By the way, the solution to that is basic effective cash flow forecast planning)
Concerning cash flow planning, it quickly becomes obvious to business owners that they have a new roadmap to removing the stress out of running out of cash and maximizing opportunities for growth in sales and profits when done properly.
How then does the owner achieve that ' blast off ' strategy we referred to. your solution's essence is around monetizing assets you already have and /or accessing the right types of debt that match your credit profile and your needs. In the SME COMMERCIAL FINANCE sector these solutions include:
A/R Financing
Inventory Finance
Bank credit facilities
Non-bank asset-based business credit lines
Financing your refundable Tax Credits (Sr&Ed)
Equipment Leasing/Sale leasebacks
Sales / Royalty financing
Working capital term loans
These solutions are both traditional and alternative in nature . Every choice you make in a cash flow finance strategy will affect your business in financing costs and access to new working capital, permanent or operating.
If you're looking for the solutions to the fact that ' growth sucks ... the cash flow out of your business ' seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with a cash flow strategy that makes sense for your business and industry.
Stan Prokop
