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.

Wearing Golf Clothes

Getting good golf clothing is an important part of playing the game. If you apparel does not fit well or does not properly protect you from the weather, it can create a distraction while playing. If your clothes are uncomfortable, it can also greatly affect your playing time. Listed below are some basic tips to help you find the right clothes for golfing.Dress CodesDifferent golfing clubs have a variety of dress codes. Some may be very loose with their rules, while other have strict requirements about the clothing you can and cannot wear. The majority of clubs require nice pants or waterproof trousers, and sleeved shirts. If the weather is hot, you may be permitted to wear nice shorts and a polo shirt. Avoid wearing T-shirts and other casual types of clothing because it is generally frowned on at most golfing ranges. If you want to be sure about the requirements, you can call the range beforehand.WeatherIf you are golfing at a kid’s range with your children, be sure to bring children’s waterproof trousers and shirts in case it rains. Similarly, adults should also protect themselves from natural elements while playing. During hot weather, you will probably be comfortable wearing a pair of nice shorts and a collared shirt made from ventilated material. Colder days will require more clothing, so consider wearing a pull-over or long sleeve shirt with pants. If you are still cold, put on a jacket as well.The sun can be very enjoyable while playing, but there can be nothing more annoying than sun in your eyes while you are trying to focus on a tee. The sun can cause instant blindness, causing you to miss the swing or your shot. To keep this from happening, consider wearing a hat or sunglasses, or sometimes both.FootwearShoes are an important aspect for any golfer. Whether you are an amateur or intermediate player, it is essential to wear the right set of shoes. It should be comfortable, good quality, and able to handle well on all types of surfaces.You can buy shoes at almost any store, but golfing shoes will need to be bought at a sports shop. Tennis shoes are suitable for most areas, but you can also get specialized golfing shoes that are made for walking on grass and muddy areas. If you are walking for a long time, the shoes need to be comfortable to prevent blisters.

Pharmacy Degree Education Options

Degree training opportunities are available for those looking to gain an education in the field of pharmacy. An education in this specific field will allow students to pursue a number of careers. Those who desire to be technicians, assistants, and pharmacists can gain the skills needed to enter the workforce. Students looking to enroll in an accredited school or college can do so to obtain a variety of degrees in this field. Pharmacy degree education options are available at an associates, bachelors, masters, and doctorates degree level.Associates degree training programs provide students with the means to obtain the education they desire. An education in pharmacy at an associate’s level will take students around two years to complete. Students will have the opportunity to study a variety of subjects including:Math
Physics
Humanities
With an accredited education at an associates level students can enter into careers working with:
Hospitals
Department stores
PharmaciesEducational programs at this level will allow students to decide if this is the career for them. An associate’s degree will prepare student who wish to obtain a bachelors degree in the field.Graduate degree programs include both a master’s degree and a doctorates degree. Students can earn these degrees in pharmacy from a number of accredited schools and colleges. A masters or doctorates degree typically takes students an additional two to four years of study to obtain. With either of these programs students will have the opportunity to learn:Pharmaceutical sciences
Communication
CalculusStudents who choose to earn a masters or doctorates degree in the field can look forward to working for:Pharmaceutical manufacturers
Government agencies
Health insurance companies
Colleges and universitiesGraduate degree training programs are available to assist students in preparing for the career of their dreams. With an education at a masters or doctorates level students will receive the pharmacy training needed for a lifelong career.With a bachelors degree program from an accredited school or college students can gain the knowledge needed for the career they desire. Degree programs at this level allow students to receive their training and degree in just four years. Students can learn biology, chemistry, business management, and more. Students can also complete health care training, recordkeeping, and terminology. The skills students can obtain at a bachelors level of study will help them to gain employment as pharmacy technicians, pharmacists, and pharmacy assistants. With a degree at this level students can train for various careers in the field. A bachelors degree can help put students into the working world or enter into a graduate degree program.Students looking to enter a career in the field of pharmacy will need to obtain a license in order to practice. Students will need to study for and pass the required examinations in order to receive their license. A variety of states also require that pharmacy assistant students pass a certification examination. With an accredited educational training program students can gain the knowledge and skills needed to enter into the career they desire in the field of pharmacy. The Accreditation Council for Pharmacy Education ( http://www.acpe-accredit.org/ ) can approve quality pharmacy degree programs for full accreditation.DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.Copyright 2010 – All rights reserved by PETAP.org.