Financial Alternatives For Small Businesses (2)

FinancingI’d like to receive useful tips, tools and resources via email from Kelley Blue Book and affiliates. Business financing challenges in Canada sometimes may have business owners/financial mgrs feeling like they have fallen down the ‘ black hole ‘ with that ‘ no way out ‘ feeling accompanying that. Their ability to add people, assets, and additional cash flow often comes at a time when traditional bank financing is unavailable, or at least unavailable in the amount they want.

It’s interesting that when we talk to clients about potential financing solutions their focus (understandably so because they are entrepreneurs) is typically on sales and profits. Getting back to those sales revenues though, it is in fact important to understand that the rate of growth of those sales will often dictate the amount and type of outside financing you will need. We say ‘ outside financing ‘ only because solid operating mgmt of inventories, receivables and payables can in fact add positive cash flow to your business… big time! Stan has had in depth, hands on experience in assessing and evaluating thousands of companies that are seeking financing and expansion.

If you feel you’re either in, or capable of falling into the ‘ black hole’ of business financing voids seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can deliver on solutions you can trust to grow.. and survive. Financing business cash flow requires that your company is in a position to beat the odds of the many firms that can’t or don’t know how to access corporate loan or asset monetization.

Stan has worked with startups and public corporations and has many times established the financial wherewithal of organizations before approving millions of dollars of financing facilities and instruments on behalf of his employers. Business financing almost always involves taking on debt – most owners and financial mgrs are somewhat reluctant to take on forms of finance that don’t necessarily help to build the wealth and equity in their business. Longer term fixed assets, i.e. plant equipment, technology needs, etc, should be financing via Equipment financing or term loans.Financing

If you’re looking to fill the void in your cash and capital needs seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can help you mastermind right solutions based on your company/industry needs. For assets you need to purchase there is no better strategy than utilizing equipment lease financing. Distress financing solutions are required when businesses find themselves in financial jeopardy.