Business Capital Solutions In Canada: Accessing Proper Cash Flow & Commercial Financing

Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.

1. Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general

2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing

3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company

Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!

A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.

How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.

Three basics always emerge when it comes to your search for the right business capital and financing.

1. The amount of financing you need

2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ‘ alternative lenders ‘. These lenders are typically highly specialized in one ‘ niche ‘ of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders

3. How the financing is structured to be manageable with your day to day operations

What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business

Let’s identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:

A/R Financing / Factoring / Confidential Receivable Finance

Inventory finance / floor planning / retail inventory

Working Capital term loans

Unsecured cash flow loans

Merchant working capital loans/advances – these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.

Royalty finance

Asset based non bank business lines of credit

Tax credit financing (SR&ED bridge loans)

Equipment Leasing / Sale leasebacks – Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used, assets.

Govt Guaranteed Small Business Loan program – Government Loans in Canada are sometimes referred to as ‘ SBL’, aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ‘ government ‘ loan solutions are often perfect for financing a new business.

If you’re focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing needs.

Stan has had a successful career with some of the world’s largest and most successful corporations.

His employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) In 2004 Stan founded 7 PARK AVENUE FINANCIAL – He is an expert in Canadian Business Financing.

Sports Clothing For Comfort and Style!

It is important to feel comfortable and breathe easy when you are playing a game. For this, you need to wear the right clothing and have the right accessories. To win a game, it takes your talent, skill sets and confidence. If you feel better you will definitely give your best shot.At times irrespective of how talented you are, you may not give your best shot due to lack of proper accessories. Protective gear is definitely required if you are playing cricket or rugby. Table tennis clothing should be loose and comfortable so that it allows you to move around freely. You may want to twist in different directions to hit the ball. It requires you to jump and move swiftly to reach out to the ball heading towards you. Some may want to purchase a team apparel if they are representing a particular club and play against opponents of a different club. This also promotes team spirit.It doesn’t matter how talented you are, it is also important to feel comfortable. Imagine if you were to wear tight clothes which may give away while you are playing in a competition, it would be so embarrassing. To avoid this, you must purchase branded sports apparel which will not give away easily. If not branded, at least choose something which offers you comfort and is durable too.A good pair of shoes, top or shirt, shorts for men, divided skirts for women, jacket monogram etc would be part of the table tennis clothing. To make it look stylish and more sporty, you can try out wrist band and head bands. It is possible to get your apparel customised, by having your team or club name behind the t-shirt. Get them customised to your needs!

Nutrition – Is it Important?

Why is nutrition important? The answer is because all living things need nutrition to survive. You need proper nutrition to stay healthy.If you answer that question why is nutrition important by the way people eat today, you would think it is not very important. Have you ever noticed people eating at various restaurants, some of the people think it is their last meal the way they pile up the food. Maybe they think if I eat a lot of food I will get all the nutrition my body needs. Yea right.Have you noticed what types of foods their consuming? My wife and I went to a buffet style restaurant the other day and I noticed the food section that had a lot of food remaining was the vegetable and salad section; the fried chicken and beef section was constantly running out of food. As they are eating all that food, they are not thinking why is nutrition important to me?Maybe by defining nutrition we can find out why is nutrition important to everyone. In the Dictionary it defines nutrition as “the act or process of nourishing or of being nourished.” Are we nourishing our bodies by over feeding it? In the Encyclopedia it states “For good nutrition a person should eat a well-balanced diet, that is, one that provides an adequate amount of each of the classes of nutrients each day, furnishing at the same time an adequate but not excessive number of calories for the body’s energy needs.”Wouldn’t it be great if every time we ate something, there would some type of voice or indicator stating the benefits or warnings of what we just ate or drank. For example, “Johnny you just ate some fried chicken, from this chicken you getting some protein, but you are getting a whole lot of fat that your body doesn’t need! If that were the case just maybe people would think twice about what they are eating.Aside from the food consumption, do we get enough nutrition from the good foods we do eat? The answer is no because nutrients in our soil have been depleted. The foods we consumed 50 years ago are not the same foods we eat today. So what do we do to get the proper nutrition our body needs? The only way I know of to get the proper nutrition that our body needs is through nutrition supplementation. To be healthy or to stay healthy, it is vital to take nutrition supplementation.