YOUR COMPANY IS LOOKING FOR BUSINESS CASH FLOW AND
LIQUIDITY FUNDING!
HERE ARE YOUR SOLUTIONS FOR BUSINESS FINANCING CONCERNS
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
Business financing in Canada. Keeping an eye on what's happening with your company’s overall financial position and cash flow isn't a bad thing, and understand what the problem and fix might be is even better!
And an even better suggestion for Canadian owners and business managers is to be able to spot the telltale signs of trouble... you guessed it... cash flow troubles..before they seriously begin. And the ultimate goal of course is to be able to have the knowledge to zero in on some solutions that make sense.
9 CASH FLOW / BUSINESS TROUBLE SIGNS YOUR COMPANY MUST WATCH
Let's over off our ' TOP NINE ' today, starting with general liquidity.
1.While very few businesses of a small to medium-sized basis carry, or are able to care a lot of cash on hand they should be able to have a strong sense they can convert the right assets into cash when they need them. Focus in on course on your working capital assets, but don't forget those ' treasures in the garage ‘ those long term business assets that might be owned outright and have the ability to get refinanced if necessitated.
2.Telltale sign number two is low cash flow, and that arises out of your ability to turnover working capital accounts properly. That can be more aggressively handled by utilizing bank lines of credit or working capital facilities that are a combination of receivable and inventory financing. Firms requiring larger facilities should explore asset-based lines of credit.
3. Telltale sign number four - shrinking profit margins. This is critical as your ability to monetize sales with good profit margins will ultimately lead to more positive cash flow and profits.
4.Our 4th sign is more of a warning that you should be billing and recording your revenue properly, and promptly. Bill clients as soon as you are able to ... investigate programs such as cycle billing, allowing you to continually generate sales and focus on the collection of the same!
5.Telltale sign # 5 - Debt load. Watch your leverage and manage your finances with a viewpoint of matching short term finance needs with short term assets - typically receivable and inventory. Debt is a good and positive use of leverage even better but focus on the amount of debt you can realistically handle and the cash flow ability to repay those financial obligations.
6.When it comes to trouble sign # 6 we're talking about ensuring your accounting is complete and up to date. Investigate the proper and best method of showing inventory on your financials statements, and managing inventory as it flows through your business cycle.
7. Don't over-expand - that’s a sure sign, # 7 in fact that you have a handle on your overall financials and borrowing ability. Don't lose the opportunity to acquire a competitor, or be taken advantage of one by your poor financial condition. In the long term that simply does not work as financial history has proven.
8. Tell tale sign # 8... It’s all about the turns, and we're talking about firms that have an inventory component to their financials. Monitor the quality of inventory and the turnover of the same. That inventory translates into revenue recognition and receivables, supercharging your cash flow situation.
9.Trust us that slow-paying clients are a sure sign of forthcoming business financing and funding problems. That’s # 9 on our list. Receivable financing and bank organization won't view slow-paying clients as a great asset for future financing. It’s all about staying on top...of your clients.
CONCLUSION
At 7 Park Avenue Financial we've got numerous solutions to fix those tell tall signs of potential business failure or upcoming challenges. These are short term and intermediate and long term fixes to the funding of your business.
Canadian Business Financing Options :
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
Speak to a trusted, credible and experienced Canadian business financing advisor who can assist you in both identifying, and, more importantly, solving your company funding and liquidity issues.
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/rights reserved
