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.

Why You Should Travel Young

“One’s destination is never a place, but a new way of seeing things.”-Henry MillerTraveling is simply a brutality of humanity, it is when we travel that we see things for what they truly are and not how we imagined them to be. Traveling also lets our imagination run wild without expectations, it lets us see things from a new perspective, without the alleged prejudice of the world. And while all of this seems to be an adequate reason to travel, many are still naïve to the idea of traveling.But just as many are left in the dark to wonder and wander, some are out there exploring and enjoying what the world has to offer them, for it is in that brief moment of youth that we can truly experience life, as we know it.Now the question of many remains, “Why Should I Travel Young”? Personally, I can give you a hundred, even a thousand reasons why you should travel when you’re young but if you’re desire to see the world begins and ends with your “Wish to See the World” then I’m afraid no amount of reasoning would suffice to convince you to go after what you want.You see, traveling as much as it is a form of recreation is also a commitment, a vocation for some, but ultimately, it is a responsibility. A responsibility you should be willing to take onto yourself. Many people say that the young are lucky to have the health and the wealth to see the world but what they do not realize is that the young are often distracted, deceived and sometimes, deluded.So if you’re one of the young’uns who wish to unearth the world’s greatest places and learn life’s most valuable lessons, but are afraid to make it happen, read along, maybe I can convince you to travel while you still have the gift of youth.
Traveling teaches you a sense of adventure- Don’t quote me on this one but based on my experience, traveling allows you to have as much as fun as you want without having to worry of what other people will say about you. You don’t have your peers or parents to warn you and judge you, so you can be young, wild and free. Life is an adventure and traveling lets you experience that.
Traveling teaches you to be compassionate- Other than the photos, the souvenir and the life-long memory that traveling gives you, it also edifies you of the real situation and teaches you to care for other people, sometimes not of your own kind.
Traveling allows you to be culturally diverse- If you think traveling is all about sight-seeing and marveling at the wonders each country has, then you’re right. But there’s also something more important that traveling teaches us, it allows us to be culturally diverse. Whenever we travel, it is important that we follow the local practices of the country/destination we are going to. As the old saying goes, “Respect begets Respect” If we learn to respect and even appreciate the culture of other nationalities then we become more aware of our own. That’s the mutual benefit we get from traveling.
Traveling makes you more attractive as a person- they say that the most attractive people in the world are those that have seen it. Do you agree? I do. It is because of the invaluable and immeasurable life experiences we have with our travels that make us a better person, and when you feel you’re better, you become more attractive.
When you travel young, you travel more- let’s face it, we’re all bound to grow old and lose our health. But while we’re young and at the peak of everything, it’s best to take advantage of it and start traveling, after all, you’re only allowed until your 30s to hike a mountain or ride the rapids of the river.
Traveling makes it easy to make friends- if back at your hometown you tend to cling to the same group of people bound by a circle of friendship, then maybe you should travel more often. Traveling has been proven as one of the best ways to gain friends and build bonds, after all, you are all strangers to one another at one point but because of your common interest to see the world, you are bound by it as well. And get this; wouldn’t it be nice to have friends in all parts of the world? That would be way cool, way cooler than your friends back home.
Traveling makes you a better storyteller- You might not get this now but when you have kids or grandchildren, you will. Those who travel young have more opportunities to experience everything there is to traveling. With the many countries that you’ve visited and you’ll be traveling to is a story waiting to be told. Traveling gives you things to share over breakfast, lunch or dinner. When you travel, you will never have a hard time thinking of a topic to talk about; not to mention you’ll keep everyone with your story.
Now if for some strange reason, after citing all these reasons why you should travel young and you’re still not convinced; it’s pretty obvious that you have a fear inside you that you’re just trying to hide so everyone won’t think you’re a coward who can’t face it. Is it fear of heights? Fear of the unknown? Fear of being independent? Whatever it is, know that traveling, especially alone, will help you address that fear. You just have to take the big leap of faith and make the first step to make your traveling dreams a reality. You only live once; and you’re only young for a short period of time, if you don’t travel now, when?

What Is Sports Nutrition?

If you have definitely no idea on what sports nutrition is all about, then this article on sports nutrition information might enlighten you.It is good to know about sports nutrition whether you are an athlete or thinking of being one. It can also help in your nutritional status. This kind of nutrition does not just apply to athletes, though you would first perceive that upon reading its name. Sports nutrition actually applies to everyone, only that it is concentrated on athletes.Good sports nutrition is not only about what you eat, assuming you are an athlete or would want to become one. It is also about the degree of importance of the food that you eat.Researchers have come up with sports nutrition information saying that what athletes consume before and after a session of training makes a very big difference on the recovery and performance.Diets that contain ideal nutrient combinations enhance your performance and also your recovery, at the same time improves the integrity of your muscles. So diets that have an exaggerated amount or excessive amount of a certain vitamin or mineral, or lacking otherwise, do not help your body at all. In fact, it makes your health worse, if what you have left after following this kind of diet from quite some time can actually still be considered as ‘health’.Carbohydrates and proteins can do wonders for your stance. However, you must not neglect pieces of sports nutrition information saying that for a better training and workout to occur, the carbohydrates and proteins must be combined at the right time. Why? It is because nutrient timing is one of the many strategies that can deem to be very beneficial for those who exercise daily.Sports nutrition information will also tell you that if you want to fight the obesity epidemic face to face, then you must first increase your daily intake of calcium in your diets. Calcium can’t only help your bones and also help you avoid bone diseases or illnesses, but it can also do a big thing in fighting obesity.When taking in carbohydrates, you have to know if these carbohydrates are needed by your system. If you take certain carbohydrates that are not essential for your health, then there is a big tendency that your health will be compromised.So, as mentioned, you must take in adequate amounts only. You also have to be aware of which carbohydrates are good and which are bad. Bad carbohydrates are carbohydrates that will have an adverse effect on you. So who would want bad carbohydrates in their system?Every day athletes are faced, and sometimes even ambushed with an abundance of very delicious foods that are very accessible to them. Sometimes even too accessible, this becomes a reason why some, or rather most of the athletes, find it hard to say no to consume them. But if good performance or success is the goal then health must come first, and say no to those foods that are very tempting.Everyone knows that self-control is part of being an athlete, but this self-control does not just apply to the performance or temper but also to the food that is being consumed.For the majority of the human population, eating is the only part of the day that can be considered pleasurable; it is like saying that life without strawberries can be grim.The only explanation to this is that many people have learned to depend on food for comfort when you are feeling lonely, isolated or stressed. It is a horrible coping stress mechanism. Yeah, it could undermine your stress for a few minutes as you eat, but when you are done with that, you will feel a lot worse when you look at your fat self in the mirror.There are numerous approaches to dieting and many empty claims for fake successes with fad diets. There are the calories restrictions, high protein and fat or low carbohydrates, low-fat or high fiber. There are pieces of evidence that strongly suggest that people may have different kinds of responses to specific diets depending on whether their weight is too much distributed towards their abdomen or not.Sports nutrition information is not so hard to understand at all. There are no complications, only contradictions. So basically, sports nutrition information will tell you what to eat, what not to eat, why and why not and what are the effects of all of the options that have been mentioned.