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Bank Lending Plus Lesser Known Business Finance Alternatives Deliver

Financing Solutions
Looking For More In Bank Financing
& Alternative Loan Solutions ?
OV!VI" # In$or%ation on &usiness $inance alternatives and &ank lending in
'anadian &usiness $inancing
Bank lending needs often come at a time when Canadian business owners and financial
managers are not necessarily 100% in control of all the forces that might affect their
business - external and otherwise. A business finance alternative might also be a solution
for almost any business in any industry. Let's dig in.
hose same financing needs! as we've ex"lained in the "ast come in different timelines!
short! intermediate and long term. #ne of those external sources that many business
owners forget is their vendors and su""liers.
$ere collateral is not re%uired! trade credit is &'C$ easier to obtain and in many cases
discounts for "rom"t "ayment may be offered and ta(en. )aturally stretching "ayables is
a dangerous game! as you need su""liers and vendors on board when times are
challenging - so while a*" mgmt is a (ey "art of ' cash flow ' it's one that must be handled
+an( lending comes in various forms - not all of which are understood by
owners*financial mgrs in the ,&- commercial area. .hile it's true that Canadian ban(s
do in fact offer ' unsecured' loans these are totally focused on... you guessed it... "rovable
cash flow.
y"ically these loans might be at a higher rate are and more long term in nature. he
bottom line - ensure you balance sheet! "rofits! and historical and "ro/ected cash flows
are u" to mustard0
+an( lines of credit "rovide revolving facilities u" to a maximum amount based on
current asset holdings such as receivables and inventory. y"ically these ban( credit lines
come with restrictions (nown as covenants and ratio maintenance - it's not /ust about the
Commercial finance com"anies "rovide alternatives to the ' traditional ' ban( loan sector.
hese tend to be asset based! easier to obtain! but come with higher borrowing costs.
y"ical alternative financing solutions include1
A(! Financing - receivables re"resent your next closest asset class to cash and solutions
such as Confidential 2eceivable 3inancing
Inventor) Finance - hese loans are ty"ically for larger retailers and mfrs -
ABL Business 'redit Lines - hese are non ban( business credit lines that combine the
best of receivables and inventory financing into one revolving facility
*ui+%ent Leasing ( Sale Lease&ack strategies
ax Credit &oneti4ation 5,26-7 refundable tax credits! film tax credits8
Bridge Loans
"orking 'a+ital ,er% Loans
-overn%ent -uaranteed S%all Business Loans
Purc.ase Order Financing
9f you're not sure what financing solutions wor(s best for your firm today and in the
future that consideration can more easily be addressed by see(ing the service and
ex"ertise of a trusted/ credi&le and e0+erienced 'anadian &usiness Financing
Advisor wit. a track record o$ success with a trac( record of success.
Stan Proko+ - 1 Park Avenue Financial 2
+usiness financing for Canadian 3irms ! s"eciali4ing in wor(ing ca"ital! cash flow! asset
based financing ! -%ui"ment Leasing ! franchise finance and Cdn. ax Credit 3inance .
3ounded :00; - Com"leted in excess of <0 &illion = of financing for Canadian
cor"orations . 9nfo *Contact 1
7ave A 8uestion ('o%%ent On Our Blog Or 'anadian Business ?
1 Park Avenue Financial
,outh ,heridan -xecutive Centre
:<10 ,outh ,heridan .ay
,uite >01
#a(ville! #ntario
L?@ A@B
Direct Line C ;1? >1< DA?<
O$$ice C <0D B:< :?D>
%ail C s"ro(o"EA"ar(
9 'anadian Business Financing "it. ,.e Intelligent 5se O$ 0+erience 9
Stan Proko+