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.

Different Methods of Obtaining Cheap Medication Via Pharmacy Reviews

People all over the world demand numerous medication for everyday needs. For the different prescription drugs needed, there are ways, like visiting pharmacy reviews, for people to get them a great deal more affordable through online sources.Daily drugs are becoming more and more difficult for people to handle the expenses of these days. With the constant increase in the costs of all things currently, folks are likewise going through an increase in the difficulty of managing such expenditures. People everywhere are seeking different means and choices to getting cheaper medication with the continuous increase of prices just about everywhere. There are a variety of ways for people to get cheaper and safer medication today. People should make use of all these solutions to really take advantage of their funds and save a significant sum of money they can use for other pursuits.Buying medication from online pharmacies is certainly one way for families all over the globe to save cash on medical expenses. Online pharmacies sell medication at significantly cheaper prices compared to regular pharmacies. This is mainly because online pharmacies usually do not require the normal upkeep and staffing required in operating a regular pharmacy, and will therefore charge less for any goods that they sell.You will need to note, however, that not all online pharmacies can be trusted. There are several internet sites that pretend to be legitimate, but are in reality fraudulent websites intent on scamming people out of their money. People should find ways to verify if a site is legitimate or not before buying anything. One sure way of doing this is by reading through online pharmacy review internet sites.Online pharmacy review sites can be considered sources for people to get cheaper medication. Given that buying medication from online pharmacies are a lot cheaper than buying from regular pharmacies, making sure to check on pharmacy reviews is a must. Online pharmacy review sites can provide information not only regarding the most reliable sites to buy from, but also where the cheapest forms of prescription drugs can be found. This is why a lot of people really should consider first looking through many different pharmacy review sites.People could make use of pharmacy review sites diversely. Besides simply searching for the lowest priced distributor of specific prescription drugs, those who are searching for more affordable medication may also look for generic drugs. Generic medication is probably the lowest priced form that one will find prescription medicine in, and is particularly for sale in many online drug stores. Some pharmacies even carry only generic products. Online customers can search for generic-pharmacy review sites, which are more specifically suited to those thinking about generic medication. There are numerous generic-pharmacy review web sites available on the internet today, providing enough detailed information online about internet vendors that sell generic medication. Via such product-specific sites, people will find their least expensive yet secure sources for generic medicine.There are plenty of different ways to save cash when purchasing necessary medication. These guidelines however, can make sure that you can get some savings each and every time you buy prescription drugs. Reviewing an online pharmacy review site is one of the best ways you will find out where one can buy medication safely and effortlessly.

Sharing The Good News

Have you ever felt like you just had to share your latest good news with anyone and everyone around you, but they literally had no interest whatsoever in what you had to say? Although intended for the best, sometimes sharing the good news is not always a positive outcome.After all, people know you remember things.And every time they see you coming with that “have I got a deal for you” look of wide eyed innocence about you… they also know to be very aware with the question in their minds… what is he going to try and sell on now!?More often than not it seems as if you’re the only one oblivious to their burn out of your good news tactics and gracious offers for them to improve their lives and make more money and retire to the Florida Keys sooner than later while improving their health and well being with your new vita-pill-drink!.Both they and you know that you’re really not a bad person. The fact of the matter is that you just want to see everyone as healthy and happy as your latest new venture is promising to make the both of you. You’re just sharing the good news. I mean, after all, you could see and realize the benefits of this amazing product and were immediately sold on it… so everyone you know should jump on this opportunity as sure and as fast as you did, right!You don’t need that kind of pressure. Time to get this monkey off you back!So, as a new business person, you have to write these folks off your list and warm and friendly contacts (because the industry of network marketing labels them that way) and you end up losing your rank and status in the arena of family and friends because that same win at all costs industry says if they cannot or will not support you in whatever your dreams are, then you didn’t need them anyway.So, does that mean the pressure is now off and you as a big shot entrepreneur are free and able to tackle anyone you come in contact with using your new found attitude as fair game for your business? I would certainly hope not. That is a pure case of not sharing the good news!What you really need to remember at this point in your little business rant to save the world is… “don’t try to share your seemingly good fortune” with everyone or everything that moves!Keep in mind that some people will be wide open to change and new ideas, having been prepared by the your giving spirit from times past.But, there are those that you have engaged just as soberly before that may not be so open to yet another invitation to be set free from your definition of their less than stellar lives.When you come across those that are not, relax, don’t push them. When it comes to sharing the good news, you need to realize that it’s just not their time.If and when you sense a resistance or an uncomfortable response, just tactfully, professionally and lovingly change the subject.Demonstrate true sensitivity and concern for this person and be mindful that their time will come..it may be next week, next month or perhaps even tomorrow..or even more so, never. You just need to stay close to your moral and ethical business conventions. There’s a time and a place for everything and everyone.Having said that, I have to also state that I am not putting down or am opposed to the great many men and women who make their livelihoods persuading and selling to the masses in our society. Some of these great selling giants do come with even greater values in sharing the good news.Giving in is not necessarily always a matter of giving up.Sometimes you have to give yourself permissions to leave, to walk away, to not challenge certain conventions. And in doing so, you will gain a healthy respect for the individual as you are encouraged to listen to your inner-self and be a guiding force rather than just another selling force for something that many may not be in the market to buy.A Friend in Business… and Life… Always,-Lon-