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.

Site Promotion – Simple Website Promotion Tactics That Work

Website promotion is not difficult – it can just be repetitive and boring, and that’s where automated site promotion tools can really help you. Below are several tips that will help you promote your sites and grab the #1 position in Google.Tip 1. Be realistic, you aren’t going to get the #1 spot in Google for keywords that have lots of competition but If you target the right keywords the you will have a great chance of achieving that elusive number 1 spot.Tip 2. Don’t be over reliant on SEO. Set up your title, keywords and description and make sure to use your keywords in each article of post on your site. If possible use a keyword related domain name. Using just these basics I regularly get the #1 spot for keywords with over 6,000,000 competing pages.Tip 3. Promote your sites slowly. If there is one thing guaranteed to hinder your site promotion it’s suddenly getting hundreds of back links to your site. Google likes site to get links gradually so take your time …remember the hare and the tortoise?Tip 4. Where possible use automated site promotion tools. These can save you hours of work in getting your site to those top spots. But remember Tip3 and use them sparingly, establish a routine there you promote each site once every month and you’ll soon notice the difference.By employing just these simple and easy methods you can start to see the positive effects that proper site promotion can have on your income. Establish a regular regime and you’ll soon be on your way to an excellent online income.

Parking Facilities Near Airports – How to Decide Where to Park Your Car When You Travel

Parking is probably one of the biggest concerns travelers have when deciding to fly. The safety and security of airport parking can be lacking, however the prices still tend to be astronomical. In most areas alternative parking lots are usually available for less. These facilities are often secure due to fact people fly at all hours of the day and night. While these facilities are a bit further away, most will offer complementary shuttle service to and from the airport.Offsite parking lots are usually located in a well lit areas. Many of these areas will park the car for you and will bring the car up to the front near the kiosk. Not only do they offer great customer service, but most of them have extremely competitive pricing options. In metropolis you can get ones that offer monthly rates for frequent travelers, saving big bucks. Other discount programs are corporate frees, referral discounts, and cheaper long term parking.With so many features at lower rates, terminal parking at the airport is being challenged. If you’ve ever driven around an airport lot looking for a spot for an hour, you know the frustration. Offsite parking areas know in advance when their lot is full, so you don’t have to waste time or money.Remember that not all parking areas are created equal. Sure, you might be able to find a great deal offsite, but be sure to research the business before using their facilities. There are reports of credit card scammers and con artists setting up “fake” lots that they don’t even own. Check to see if the service has a professional website and that there aren’t any complaints filed against them.Parking facilities near airports can be a cost effective way to save money with the added services and benefits that business competition provides. Remember to be smart and observant when using these facilities, especially if you are travelling alone. Check for well lit easy to find areas that are located near major areas.