YOUR COMPANY IS LOOKING FOR BUSINESS LOANS AND CORPORATE FINANCE ALTERNATIVES IN CANADA!
BUSINESS FINANCING CANADA
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
A ' Spanner ' in your business loans and corporate financing strategy. What a great term. It comes from a British saying which indicates a ' source or impediment ‘, The popular use of the term is a ' Spanner in the works ‘... oh and by the way, Rod Stewart had an album by the same name... but we digress.
Companies of all sizes run into spanners along the way. Some are controllable, some are external, and not. What are some of those? In some cases, government business loans might be the solution to your business capital needs. Canadian government loans for small business have been effective for a long time now, pandemic times included!
THESE ISSUES AFFECT YOUR CORPORATE FINANCING AND BUSINESS LOAN NEEDS
They might include how you manage your cash flow, your overall working capital policy, taking on debt, managing the balance between debt and equity, consideration of buying a competitor, and what amount of capital you need for new assets. Talk about the potential for a lot of spanners!
DIFFERENT INDUSTRY PROFILES AN SITUATIONS
In a lot of cases, your business financing and access to business loans is also influenced by the industry you are in... Fortunately or unfortunately. A good example might be finding yourself exactly in the middle of the auto industry in the 2008 and 2009 timeframe. Not your favourite place to be in hindsight. New business financing is even more challenging in today's economic climate, notwithstanding those low-interest rates.
FACTORS AFFECTING YOUR COMPANY'S ABILITY TO ACCESS A BUSINESS LOAN
Factors that affect your ability to access business loans of course include profits, sales and cash flow. The actual amount of receivables you hold and their relationship to your sales and borrowing decisions is key in corporate financing.
OPTIONS FOR FINANCING YOUR BUSINESS IN CANADA
Companies in Canada have a lot of different methods under which to finance their business - we’re e often surprised at clients who don't know all their options, which include business lending via :
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
and on it goes, there are even more!
CONCLUSION - SMALL BUSINESS FINANCE CANADA
The business owner and financial manager need to know which tools work, when, and what they cost. It's important to ensure you are using the right corporate financing tool for your stated goals.To ensure you can eliminate those ' Spanners' its critical to have a good handle on what stage of business your company is in, how you will use the funds, and how your company is leveraged, i.e. the debt and equity relationship. A small business loan is available for every general business purpose in Canada.
What's interesting is that we hear every day there is a huge amount of capital available for Canadian business, but doesn't it seem that the challenges to access that financing is larger than ever. To our clients, it sure seems that way.
Don’t let a spanner get in the way of financing a business in Canada, or the knowledge of access to those financing alternatives. If you are looking for tools or help with corporate financing, business loans and asset monetization consider speaking to a trusted, credible and experienced Canadian business financing advisor who can help you knock out those ' Spanners '.
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020
