YOUR COMPANY IS LOOKING FOR WORKING CAPITAL
AND CASH FLOW MANAGEMENT SOLUTIONS!
WORKING CAPITAL LOAN & SHORT TERM BALANCE SHEET 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
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Oakville, Ontario
L6J 7J8
Working Capital business loan solutions in Canada. It's no secret that the average Canadian business owner and the financial manager has some ' identity issues ' around the management and sourcing of finance solutions for their business.
IS YOUR FINANCING WORKING TOGETHER WITH YOUR GROWTH?
To be successful in business, whether that means growing your company or just staying alive! You need to be somewhat, shall we say ' centric' when it comes to making sure operations and your chosen finance solutions are working together. Working capital loans and cash flow monetization strategies of current assets can assist your business.
So how exactly do you address the management of tools to run, operate and finance your business? And by the way, our comment pertains to both product and service companies, everything from manufacturing to technology.
GROSS MARGIN CONTRIBUTION
Knowing and understanding your gross margins is one key to addressing proper finance solutions. Let's look at a case in point. If you have some fairly solid gross margins that allow you to have higher operating and financial expenses and still earn a profit.
YOUR INVESTMENTS IN ACCOUNTS RECEIVABLE
A real-world example might be having the luxury to carry receivables a bit longer, providing your customer with extended terms at the expense of your competitors. Many businesses in the SME sector are either considering or utilizing factoring or receivable finance as a method to benefit from good gross margins and turn their sales and paper profits into real cash flow.
CASH FLOW DOES NOT EQUAL PRO FIT
Where many owners and managers we meet as our clients miss the boat so to speak is that they take their eyes of cash flow. And it’s easy if sales are booming and your financials show a great ' paper ' profit. You can use several very basic tools to get an ongoing, if not daily sense that you're able to pay your suppliers, vendors and your lenders, whoever they might be.
TAKE TIME TO UNDERSTAND YOUR FINANCIAL STATEMENTS AND KEY RATIOS - SUCCESSFUL COMPANIES DO !
Those basic tools, sometimes called ' efficiency ratios ' allow you to determine if your inventory is turning and receivables are being collected. The greatest business is one that’s growing and managing its assets. All those calculations come together in finance management quite nicely under what's known as your operating cycle - we like to think of it as the journey that a dollar makes through your business from day 1.
WORKING CAPITAL FINANCING SOLUTIONS FROM 7 PARK AVENUE FINANCIAL
You can address asset conversion with some solid financing tools - they include:
A/R Financing
Inventory Loans
Access to Canadian bank credit/bank term loans
Non-bank asset-based lines of credit
SR&ED Tax credit financing
Equipment / fixed asset financing
Cash flow loans / Term Loans
Royalty finance solutions
For those companies that qualify for Canadian chartered bank financing rates are low and margining facilities are generous. The credit score and personal guarantee are key to bank financing success for small business owners in Canada.
All these facilities mentioned when used either singularly or in combination allow you to take one bigger sales and contracts and deal with corporations much larger than your own firm, which, without proper financing and asset management is difficult to do. Remember also that working capital needs grow, at the same rate that your business does.
EQUITY FINANCING IS EXPENSIVE - CONSIDER CASH FLOW AND DEBT SOLUTIONS
Yes, you can finance your business with more equity, but an often more easy solution is viable Canadian business financing arrangements with a bank or non-bank alternative lenders. And complimenting those solutions with good asset management from your operations will remove that identity crisis you've been having with working capital business loan solutions.
CONCLUSION
There is a financing solution for all your business needs as long as you are prepared to investigate and understand your options both in traditional finance as well as the newer world of alternative financing.
Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you implement financing that makes capital work!
Click here for the business finance track record of 7 Park Avenue Financial
Stan Prokop
7 Park Avenue Financial/Copyright/2020/Rights Reserved
