YOUR COMPANY IS LOOKING FOR CASH FLOW SOLUTIONS AND WORKING CAPITAL FINANCING!
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
"Cash is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent." - Warren Buffett
Unlock the hidden potential in your business finances - discover cash flow solutions that work while you sleep!
7 Park Avenue Financial originates business financing solutions for Canadian Businesses – We offer Business Cash Flow 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”
Business Cash Flow Financing
Introduction to Cash Flow Management in Canada
Cash flow solutions in Canada often revolve around effective working capital management - It is nice to know there is help and assistance in funding your company. In effect, someone has got your back!
Understanding Business Failures
We only need to read the GLOBE & MAIL or NATIONAL POST to learn why some businesses fail or stop growing. Inexperienced management is often a major cause, but poorly timed working capital management and financial solutions are often a close second!
Creating a Roadmap to Business Financing Success
So, how can business owners and their financial managers create a roadmap to business financing success? In many cases, solutions exist that you did not even know you had!
Traditional and Alternative Financial Solutions
In current times, both traditional and alternative financial solutions exist for your business capital needs on the road to positive cash flow.
While many business people might not comprehend the meaning of 'alternative' business finance solutions, we at 7 Park Avenue Financial can assure our clients that these solutions are not as 'esoteric' as you might think.
Alternative Finance Solutions
A large portion of Canadian companies use these solutions every day—both large firms and small firms — who are looking for SME COMMERCIAL FINANCE answers to cash flow and debt finance.
Understanding Alternative Finance Commercial Lenders
Commercial lenders in the 'alternative finance' area are simply not as regulated as our banks, which must, of course, maintain very stringent lending standards based on their fiduciary responsibility to their depositors. They have the solutions you might need to run and grow your business.
Requirements for Proper Business Financing
What does it take to get the proper business financing you need? Whether it is a Canadian chartered bank or an alternative finance commercial lender, you need a story and proper financial statements that can often complement a good business plan or executive summary.
The Business Maturity Spectrum
Naturally, every business in Canada is located at different spots along what we at 7 Park Avenue Financial call the 'maturity spectrum'. Naturally, larger, more established firms have access to more financing from investors, both public and private, capital pools, venture capital, etc.
Focus on Working Capital Management
The reality, though, is that for most firms, the management and financing of their assets and growth is the crux of cash flow solutions. It is this management of working capital during the sales and growth of the sales period that allows the Canadian business owner to make the transition from dream to reality when it comes to business success and their ability to manage cash flow.
Perception vs Reality of Financing Options in Canada
We don't, and can't, blame clients we talk to for thinking there is not a lot of financing options available in Canada for them - it certainly can feel that way on occasion.
The reality, though, is that the lending of business finance funds is, in fact, the backbone of business in Canada. Borrowing and investing in fact make Canadian business.
The 6 Alternatives For Financing Your Business In Canada
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You fund it yourself.
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You borrow funds to improve cash flow
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You sell assets
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You finance internally through the growth and management of assets
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You are given funding via grants, etc.
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Raise equity / sell ownership stake.
Our focus is # 2; borrowing funds... monetizing assets. As we said, those solutions are more plentiful than you think when addressing cash flow problems.
Business Finance Solutions
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Receivable financing
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Equipment leasing
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Working capital term loans
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Asset-based lines of credit
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Tax credit monetization
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Term Cash Flow Loan
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Securitization of sales / Purchase Order Financing
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Inventory financing
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P O Financing
Key Takeaways
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Accurate cash flow forecasting forms the foundation of effective financial management and achieving positive net cash flow.
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Streamlining accounts receivable processes significantly improves cash inflow.
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Optimizing inventory levels balances cash preservation with operational needs.
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Negotiating favourable payment terms with suppliers enhances cash position
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Leveraging technology automates and improves cash flow management efficiency
Conclusion
Someone does have your back in Canadian business cash flow solutions and managing cash flow - Consider reviewing the above-mentioned solutions in the context of both surviving and growing your business in Canada.
Call 7 Park Avenue Financial, a trusted, credible and experienced business financing advisor with a track record of business finance success.
FAQ
How can improved cash flow management benefit my business?
It enhances financial stability, enables strategic investments, and provides a buffer against unexpected expenses or market fluctuations.
What impact does effective cash flow have on business growth?
Adequate cash flow allows for timely inventory purchases, expansion opportunities, and the ability to capitalize on bulk discounts, all contributing to business growth.
Can better cash flow solutions improve my relationships with suppliers?
Yes, consistent cash flow enables timely supplier payments, potentially leading to better terms, stronger relationships, and preferential treatment.
How does optimized cash flow affect my ability to secure financing?
A healthy cash flow demonstrates financial responsibility to lenders, increasing your chances of securing favourable financing terms when needed.
What role does cash flow play in business valuation?
Strong, predictable cash flow in a cash flow budget positively impacts business valuation, making your company more attractive to potential investors or buyers.
What are the most common cash flow challenges for Canadian businesses?
Common difficulties in business operations include seasonal fluctuations, late customer payments, unexpected expenses, and balancing growth investments with operational costs.
How often should I review my company's cash flow?
It's recommended to review cash flow weekly for small businesses and daily for larger operations to maintain a clear picture of financial health. Accounting software packages can assist business owners and their financial managers.
Are there government programs in Canada that can help with cash flow issues?
Programs like the Canada Small Business Financing Program and various tax credits can provide financial support or incentives that positively impact cash flow.
How can I create a cash flow projection and forecast for my business?
Start by listing all expected income and expenses for the coming months. Consider seasonal trends and factor in potential delays or unexpected costs to create a realistic projection for the goal of positive cash flow. Understanding your financial statements, particularly the cash flow statement, is key in preparing cash flow budget estimates.
What's the difference between profit and cash flow?
Profit is the revenue left after all expenses are paid, while cash flow represents the actual movement of money in and out of your business. A company can be profitable on paper but still face cash flow challenges.
How does the cash conversion cycle impact my business?
The cash conversion cycle measures the time it takes to convert investments in inventory and other resources into cash from sales. A shorter cycle generally indicates more efficient cash flow management.
What role does working capital play in cash flow management?
Working capital, the difference between current assets and liabilities, is crucial for day-to-day operations. Effective working capital management ensures you have enough liquidity to cover short-term obligations and operational expenses.
