Stan Prokop

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Canadian Business Financing Expert

Stan Prokop

Stan Prokop Quick Facts

Main Areas
Canadian business Financing
Career Focus
Business Finance in Canada
Affiliation
Oakville Chamber Of Commerce

Stan Prokop - founder of 7 Park Avenue Financial - http://www.7parkavenuefinancial.com
Originating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 7 years - has completed in excess of 80 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing

Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

128 total
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Cash flow financing in Canada. Is there in fact a ' happiness formula' for solving and managing through cash flow problems? In our opinion it's really a combination of management as well as sourcing the proper solution based on your firm’s particular situation. Let's examine some tools, tips and strategies around what we might consider a ' Happiness Formula '! in Canadian business financing.

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Thousands of Canadian business owners and financial managers turn to equipment leasing in Canada for asset financing. We can safely say that this method of Canadian business finance can be a simple or as complex as you wanted to make it. Our goal is to ensure you consider don’t consider an equipment lease simply for the fact that you don’t understand both the mechanics and advantages. Not all benefits might accrue to your firm when considering a lease, but you sure want to be able to maximize the tangible and intangible benefits.

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The lay of the land. Kind of important in any aspect of business, wouldn't you say? There a tremendous amount going on in Canadian capital equipment leasing today, so let’s examine who these companies are, where they are, and most importantly, what you need to know about them!

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Financing a business in Canada. One of our favorite writers recently reviewed a U.S. report focusing on the ability of a company to finance its business in the U.S. . . . The report was portrayed as a current ' pulse ' of the market, including input from business owners and entrepreneurs. That got us to thinking ... hey... this is Canada. Would that current ' pulse ' of the market be similar? Let's take a look and hopefully provide some insights into Canadian business financing.

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When it comes to Canadian business credit and banking in Canada (loans, credit lines, etc) it's more than a bit unfortunate that many business owners and financial managers view the process and the challenge as somewhat of a nightmare or at the very least a negative process. Let's examine how you can turnaround that process with a viewpoint towards success. And let's hope we can get rid of some of that negativity also.

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You're looking for sources of capital and financing for you Canadian business. A Loan? An equity arrangement? A monetization of assets ? What works best is of course the nagging question that continuously faces Canadian business owners and financial managers. Many Canadian businesses who contemplate equity type arrangements simply aren’t ready, and it’s also the most expensive form of financing when you consider the ownership dilution that comes with that strategy.

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Business finance problems. Got the ability to spot financing challenges when it comes to the immediate and longer term issues that face your firm in the Canadian business environment? We have always felt that some positive proactive techniques and information can go a long way to your health... and that’s better business health we're talking about by the way!

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Here's the problem. You don't have one, your competitors do. We're talking about a customer financing plan for your products and related services. And can we all agree that a competitive disadvantage is not a good thing, which is why Canadian business owners and financial managers might well want to consider a vendor finance program for clients/ So how exactly does Canadian business benefit from the ability to offer customer finance solutions for clients. If we had to sum it all up into one thing we guess it well might be: ‘Increasing the sale of your products '!

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ABL asset based finance can be the solution for business revolving lines of credit when your current finance strategy isn't working. And what are those early warning signs? They include situations where your financing currently just isn’t working due to financial challenges you have experienced in the past. They also include acquisition scenarios, turnarounds, and the proverbial double edged sword, high growth.

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Although the prospects for Canadian medical/healthcare and IT (Information technology) asset acquisition has never been stronger the hard reality is that the finance needs for these assets is even more pronounced. Simply speaking, companies and institutions want financing options for these assets.

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Many Canadian business owners and financial managers find out the hard way that business success is almost always also tied to having, and improving their operating cash flow. It's when sales and profits don't match cash and working capital that the problem begins. Bottom line, getting rich on paper only is not all that fun!

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When looking for a loan for a franchise is it important to match the right financing to your purchase? You bet it is! That's why some solid knowledge and tips in business loans for franchisees is definitely in order!.. Where exactly then does financing come in when it relates to the purchase of a franchise .It's critical. Because even though franchising provides you with an already proven business model its safe to say there is no real guarantee on cash flows and revenues.

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Websites & resources

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Contacting Stan Prokop

Stan Prokop

President

7 Park Avenue Financial

Direct Line = 416 319 5769

Office - 905 829 2653

Email - sprokop@7parkavenuefinancial.com