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.

Promotional Apparel – Facts and Purchasing Tips

Custom printed apparel is a very popular way of advertising your business. Clothing is one of our basic necessities. We cannot go out into the world wearing nothing on right? Similarly, a marketing strategy is not complete without promotional apparel. They really do score you big publicity points.It is said that the early men and women who walked the earth used leaves, grass, fur and leather as clothing materials. They basically just enveloped in it their body to protect themselves from the elements. It is not yet confirmed when humans first started wearing clothes but scientists theorized that it was probably during the time when people traveled from Africa to other parts of the world. It is important to note, however, that style, appearance, and form of clothes are based on many factors like gender, race, religion and social status. Apparel is another term for clothing.Presently, humans wear a variety of apparel. Men wear polo shirts, slacks, pants and shorts. Women usually don dresses, skirts, blouses as polo shirts as well. Children wear basically similar items but may differ in style and size. Corporate apparel may also include sweat shirts, jacket, and even windbreakers. Accessories like footwear, scarves, towels, and caps may also be considered as apparel.The advantages of giving away promotional apparel are:1. Wide Audience Reach – Given the assortment of items, custom printed apparel will surely attract a lot of people’s attention because everyone can wear them. Just imagine well-designed promotional apparel, say a T-shirt for example, worn by most men and women in your own town or city. The rate of publicity of your company will shoot up big time.2. Variety in Styles – Promotional apparel come in different styles that range from formal to casual. You are therefore given the liberty to choose which kind or style best works for you.3. Ease and Comfort – Most custom made apparel is easy to use, clean and maintain. They’re also comfortable to wear.4. Print-ability – One of clothing items’ best qualities is that they are ideal for printing and embroidery. You may choose which method works for you best and apply it to your promotional apparel.5. Durability – They are made to last. You can be sure that your customers and clients will be able to enjoy its benefits for a long time which also means longer advertisement time for you!Are you now excited to get your own set of customized apparel? Read these tips first:1. Plan Your Budget – It is always best to draw up a budget plan first before you settle on any business deal. Know how much you can spend on promotional items so you don’t go overboard.2. Consider the Weather – Before you get a whole batch of shirts or jackets printed try to identify first what time of the year you plan on giving away these items? Will it be during the winter or summer season? If it’s for the chilly season you might want to order long sleeved shirts. However if you plan to have your launching day during summertime you would have to settle for T-shirts that are made of light fabric. The kind of apparel you give out should be in accordance to the present weather.3. Gender Studies – You should also take into account the type of target audience you have. Will they be generally male or female? You might want to choose an article of clothing that would suit both sexes.4. Color Matters – Choose colors that would best suit your company name or logo. While it is fun to experiment on different color schemes you have to be wise about picking a design that would look appealing and eye-catchy.

Using and Implementing Outdoor News Screens

News is an obsession for many people, whether it’s via newspapers, the internet, mobile phone, TV or radio, most of us devour regular news content throughout the day.

Because of this desire to read news content, many outdoor news screens are being installed in many different types of locations to entertain, inform customers. These news feeds are often intermixed with advertising content to provide a revenue source that can pay for the screens and news content.

Most news screens receive direct feeds from over the internet from news agencies like Reuters, Association Press (AP) or Press Association (PA), but local and more targeted news is offered by many local news organisations.

Weather and sporting news are also provided on these types of screen and provides a reason for people to look out for the screen, hence creating a captivated audience for advertisers.

Most news screens are placed in quite hostile locations, however, such as draughty bus stations or even ferry terminals where spray and excessive temperatures can be a potential problem. Many of these outdoor news screens are in outdoor locations too so they need to be protected from the weather and other outdoor elements.

The TV screens used for providing these news feeds tend to be standard commercial grade screens commonly used for digital signage and other out of home use, few of these screens are designed for outdoor use so they are protected using outdoor LCD enclosures.

Designed to accommodate nearly all major sizes of screen, the LCD enclosure provides all the outdoor protection these screens require to allow them to function outside. They ensure the screen is waterproof whilst also ensuring the internal temperatures of the enclosure are never too high or too low from the optimum for the device-regardless of the ambient conditions.

Richard N Williams is a technical author and a specialist in the digital signage industry helping to develop outdoor digital signage and protection for plasmas. Please visit us for more information about LCD Enclosures or other digital signage solutions.