Articles

Articles by Stan Prokop

Browse every published article connected to Stan Prokop, with exact attribution and full-archive search.

articles
128
shown per page
50
search signals
Topic + expert

Articles

128 articles by Stan Prokop · showing 50

Browse every published article connected to Stan Prokop, or search within this exact expert archive.

By Stan ProkopRecently published1 topic

Good Bye Failure – Hello Success In Franchisee Financing In Canada . It’s All About Who And What In A Franchise Loan

Franchisee financing in Canada. It goes nicely hand in hand with our contention; we're often told that it’s now what you know, it’s who you know. However, in the case of a franchise loan we think that both of those count. It is very easy to see the appeal of franchising in Canada. In many ways it’s one aspect of the entrepreneurial dream, in effect ' no boss'. But the amount of time, effort and knowledge in being successful is of course critical.

Primary topic: Entrepreneurs
Entrepreneurs
907 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

A Quick Proven Way To Accelerate Cash Flow Finance ? Use A Purchase Receivables Factoring Program

Waiting for anything good to happen is business isn't really our favorite thing to do. That's why cash flow finance via a purchase receivables strategy to finance your business eliminates waiting. Waiting for what? Well the question simply becomes: ' Would you rather have cash in the bank now for your sales, or would you prefer to wait 30, 60, and oh wow... 90 days for the funds do your firm from your clients?”

Primary topic: Entrepreneurs
Entrepreneurs
856 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Pain To Power – An ABL Asset Finance Company Can Reverse Your Canadian Business Line Of Credit Challenges

Can an ABL asset based finance company, via a new business line of credit make your transition from financing pain to financing power? We think there is a strong case for that, and here's why. Thousands of companies in Canada find themselves constantly challenge when it comes to ensuring their company has the right financing in place to both survive and grow .

Primary topic: Entrepreneurs
Entrepreneurs
670 views
Read article
By Stan ProkopRecently published1 topic

Don’t Make These Mistakes In Financing Franchise Opportunities In Canada . A Franchising Loan Must Make Sense – Here’s Why.

Financing franchise opportunities in Canada. That brings to mind one of our favorite old expressions - ' tuition is very high in the school of experience'! That's why when we talk to clients about franchisee loan financing in Canada we're often cautioning against what can go wrong as much as what can go right . Makes good business sense, right?

Primary topic: Entrepreneurs
Entrepreneurs
596 views
Read article
By Stan ProkopRecently published1 topic

Lease vs. Buy . Are You Considering The Right Things In Equipment Leasing Financing Decisions In Canada

When it comes to a lease vs. buy decision is the Canadian business owner or financial manager considering the right issues when it comes to equipment leasing financing for his or her asset needs? There's a general sense that equipment financing is in fact the best option when it comes to acquiring assets of all types in Canada. That fact becomes even more pronounced when you business is in a constant upgrading requirement based on either useful life or perhaps technology needs. Computer and telecom assets are a great example of that.

Primary topic: Entrepreneurs
Entrepreneurs
895 views1/5 (1)
Read article
By Stan ProkopRecently published1 topic

The Evolution Of The Sale Leaseback Transaction In Canada . Get The Most From Your Lease Finance Company

The sale leaseback transaction in Canada. It's back. Let's examine the resurgence of this unique financing transaction via a lease finance company or other financial firm. Canadian business owners and financial managers, as owners of certain asset classes, have the ability to enter into a sale lease back scenario. It couldn't be more basic - you sell the asset to a buyer, typical a finance firm and that firm immediately becomes the lender or lessor of your transaction. And that asset is of course still there!

Primary topic: Entrepreneurs
Entrepreneurs
777 views
Read article
By Stan ProkopRecently published1 topic

Understand Your Asset Finance Options. Leasing Versus Buying And Capital vs. Operating .It’s Your Call!

Leasing versus buying. It's one of the classic questions faced by business owners and financial managers when they are looking for asset financing strategies that make sense in capital acquisition of business assets. Let's examine how you as a business owner or finance manager can make the right decisions when you are at the proverbial fork in the road, the classic ‘ lease vs. buy ' scenario. Part of the reason we're intrigued by this subject is simply the fact that there is so much misinformation around there, in some cases it's just an issue of not knowing what questions to ask.

Primary topic: Entrepreneurs
Entrepreneurs
792 views
Read article
By Stan ProkopRecently published1 topic

The Business Case For ABL Asset Based Lending Canada . The Ultimate Credit Revolver For Business Financing?

The infamous ' business case '. We're told its a tool that ‘supports planning and decision making ...’ . Is there in fact such a case to be made for business owners considering ABL asset based lending in Canada via a credit revolver facility versus bank lines of business credit? We think so. Here is why.

Primary topic: Entrepreneurs
Entrepreneurs
444 views
Read article
By Stan ProkopRecently published1 topic

2,450 Ways To Pinpoint Cash Flow Problems Via Working Capital Solutions In Canada

Cash flow problems and working capital solutions to those challenges that are faced by Canadian business. Are we really saying there are 2,450 ways to pinpoint the problem? In a way yes. Let's explain. Although cash flow challenges are more than ' intuitive ' in the real world (that’s where we ourselves work) Canadian business owners and financial managers often fear or just simply don't understand how to quantify those problems. The reality is that the actual problem can be quite clear if you go to your financial statements, preferably on an ongoing basis.

Primary topic: Entrepreneurs
Entrepreneurs
924 views
Read article
By Stan ProkopRecently published1 topic

ABL Asset Based lending Is The Quiet Revolution In A Business Line Of Credit Facility

And that's when it hits you. We're talking about a Canadian business financing ' epiphany' - that being the term used for a ' sudden, intuitive perception or insight '. And what exactly is that ' insight'. It's simply that an ABL facility, which is the asset based lending term for business line of credit is different, and in many ways a lot better than traditional term loans or Canadian chartered bank facilities. So, that’s a fairly dramatic statement, so let’s set out to provide some facts and valuable information on these business revolving credit facilities.

Primary topic: Entrepreneurs
Entrepreneurs
518 views
Read article
By Stan ProkopRecently published1 topic

Creative Ways To Use A Capital Leasing Company In Canada. Lease Finance Companies Have Your Solution In Hand

Is your company getting the most from an asset and capital leasing company in Canada? Let's examine how your firm can maximize some really creative benefits from lease finance companies in the Canadian marketplace. Equipment finance doesn't have to be a ' complex ' form of business financing if you’re aware of the some key concepts, some of which are perhaps a bit more sophisticated than others... but bottom line you should never lose out on the advantages simply because you weren't aware.

Primary topic: Entrepreneurs
Entrepreneurs
805 views
Read article
By Stan ProkopRecently published1 topic

Is Canadian Franchise Financing A Do It Yourself Project? Franchising In Canada With Success

There seems to be a lot of ' DYI ' out there today, that being the acronym for Do It Yourself of course. So we were thinking, is it possible that Canadian franchise financing for the purchase of your chose franchising endeavor in Canada is a ' DYI ' project? Let's talk about a lot you can do on your own, (as part of that ' dyi ‘) and we'll also focus in on some key areas where expert assistance is highly recommended!

Primary topic: Entrepreneurs
Entrepreneurs
438 views
Read article
By Stan ProkopRecently published1 topic

Business Lines Of Credit Make The World And Your Company Go Round! Canadian Working Capital And Secured Facility Information .

Did you hear the one about the Canadian firm that went out of business because they were too profitable and growth was great? That's an ironic statement to many business people, but the reality is that profits don’t equal cash flow and business lines of credit via a secured facility is the capital you need to survive all that success . It's actually pretty simply when you think of it but because your firm has made that investment in accounts receivable, inventories, and other working capital assets you need operating loans to make your business work - on a day to day basis.

Primary topic: Entrepreneurs
Entrepreneurs
437 views
Read article
By Stan ProkopRecently published1 topic

Lot’s To Gain & Nothing To Lose . 4 Tips On Best Leasing Companies For Asset Business Financing

Since when is some good information that helps you save money and get a good deal in business not a good thing? That's our feeling, so when you are looking for leasing equipment companies in Canada for the financing of business assets here's 4 tips on just that! Many Canadian business owners and financial managers often consider equipment financing a relatively simple process. It is, if you know who to deal with, what to ask, and what some of the pitfalls might be.

Primary topic: Entrepreneurs
Entrepreneurs
471 views
Read article
By Stan ProkopRecently published1 topic

Is ABL Everything You Need And More In Canadian Business Financing ? The Asset Based Line Of Credit Facility Works Hard!

Could an ABL asset based line of credit in fact be all the business financing your Canadian company needs? It's rare that one form of business finance in Canada meets everything you are looking for in a finance solution - quite often there needs to be a combination of solutions that make the final package work for yourself. We can make the case the ABL facility in fact just might be the perfect solution for you - everything you are looking for in a revolving credit facility.

Primary topic: Entrepreneurs
Entrepreneurs
615 views
Read article
By Stan ProkopRecently published1 topic

Take Charge Of Your Business Asset Finance Today Via A Revolving ABL Credit Facility

We meet a lot of business owners that say they don't necessarily feel ' in charge ' when it comes to business asset finance and their ability to secure a proper revolving line of credit. ABL credit, i.e. the asset based line of credit via a non bank facility is one way the Canadian business owner can take charge and regain control o their business financing needs . Asset based lenders exist in a wide variety of forms in Canada... today we're focusing on the true asset based lender that provides, outside the bank environment, business lines of credit .

Primary topic: Entrepreneurs
Entrepreneurs
765 views1/5 (1)
Read article
By Stan ProkopRecently published1 topic

No ‘ SRED ‘ Of Doubt ! SR And ED Tax Credits Finance Via A Bridge Loan Is Still Here !

SR & ED Tax credits. Did you or your firm have any doubt about the SRED program in Canada? I think we can safely say thousands did, and the good news is that the SRED Program is still intact... yes some changes, but still alive and well . And even better news? Your SR ED claim is still 100% financeable with the same criteria that have always been in place.

Primary topic: Entrepreneurs
Entrepreneurs
888 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Dear Abby : What Do I Need To Know About An Asset Based Revolving Credit Facility And ABL Loan? Signed: Anxious

Dear Anxious - A great question and now for some hopefully great answers on the subject of an asset based revolving credit facility for your company. No doubt you have heard about the relatively newest form of business financing in Canada .What you may not understand is simply how an ' ABL ' loan is different from comparative offerings, such as the traditional chartered bank line of credit. While is has many similarities to its competitors in daily utilization, the benefit of the facility tend to be significantly more enhanced for firms such as yours.

Primary topic: Entrepreneurs
Entrepreneurs
523 views
Read article
By Stan ProkopRecently published1 topic

Canada Government Small Business Loans . Let The SBL Loan Give You An ‘A’ In Canadian Business Financing

Canada government small business loans - can they give you a sense that you have just achieved an ' A ' grade in Canadian business financing? We think so, and here is why the SBL loan makes solid sense for your firm, whether you are a start up, or if you fall under the 5 Million dollar sales level criteria which are one of the parameters of the program. Whether you're the ' start up ' or simply looking for capital to expand your business the SBL loan probably makes sense, at least from a viewpoint of checking it out .

Primary topic: Entrepreneurs
Entrepreneurs
727 views
Read article
By Stan ProkopRecently published1 topic

Are You Eligible? Canadian Government Small Business Loan Qualifications – SBL Financing Is The Funding You’re Looking For !

It's actually not that complicated. The Government Small business loan financing program makes funding for your new or established Canadian company accessible and on terms that even larger more established firms simply can’t often achieve. Funding under the SBL program obviously has a long term gain for Canada as the 7000+ firms that use the program every year create jobs, pay taxes, etc. Clients sitting down with us only want to know one thing. Are they eligible?! Eligibility for small business loan financing therefore allows them to reap the financial benefits of the program.

Primary topic: Entrepreneurs
Entrepreneurs
604 views
Read article
By Stan ProkopRecently published1 topic

Want To Offer Customer Financing Programs? 3 Things You Need To Consider A Vendor Equipment Program

We're all for an ' edge ' in Canadian business, that’s why we're quite sure that clients that offer customer financing programs via vendor leasing to their customers are probably doing better .. than you! Let's examine why, and how you too can get the sales edge via a vendor finance program. Oh and by the way, total cost = zero! That’s our kind of pricing!

Primary topic: Entrepreneurs
Entrepreneurs
522 views
Read article
By Stan ProkopRecently published1 topic

Scientifically Proven ? An Asset Lease Whether Operating Or Capital Works For Financial Bridging of Canadian Business Financing

Scientifically proven? It's defined as a ' body of techniques’ for acquiring new knowledge. Unless we're missing something an asset lease is a trusted financial solution, bridging your operating capital needs to your long term financing solutions. Whether it’s an operating lease versus a capital lease your company still benefits from the appropriate combination of use and to a certain degree, ownership.

Primary topic: Entrepreneurs
Entrepreneurs
795 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Leasing Rates . What’s The Trick To Getting Best Lease Pricing In Equipment Finance In Canada?

Leasing rates for equipment lease pricing and finance in Canada. Abracadabra! We wish it were as easy as that one word magic phrase to get the best rate for your equipment finance transaction! But in reality its not that hard to ensure you have the best financing rates if you understand the basic underpinnings of a lease price and how certain obvious ( and not so obvious ) lessor strategies work for your favor , and what factors you can affect directly.

Primary topic: Entrepreneurs
Entrepreneurs
1,018 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Here’s Some Keys To Unlock Business Operating Cash Flow With Solutions That Work

Here's to not losing your keys. We're talking about the keys to unlocking business operating cash flow and the solutions that come with that Canadian business financing challenge. We're big fans of confusion, because hopefully it enhances our reputation of providing clarity around issues such as business cash flow! That term is often confusing to many business owners, and financial managers. The reality is that you will ultimately be judged by others, i.e. suppliers, bankers, lenders, lawyers, and other professionals as to how well you manage and understand that business concept.

Primary topic: Entrepreneurs
Entrepreneurs
855 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

The Black Hole Of Canadian Financing – Is Financing Cash Flow And Working Capital Your Corporate Finance Challenge?

Is financing cash flow and working capital really the ' black hole ' of corporate finance and business financing in Canada? It sure seems that way. That ' black hole ‘... it’s a term used to denote a place of ' confinement ‘from which ' nothing can escape '. That clearly seems to be the feeling many clients we talk to have when they are faced with the challenges of business financing.

Primary topic: Entrepreneurs
Entrepreneurs
744 views
Read article
By Stan ProkopRecently published1 topic

Cracking The ( SBL Loans ) Code . Fast Track Your Approval On The Canada Government Small Business Loan

SBL Loans in Canada. How can the Canadian business owner or financial manager ' crack the code ' when it comes to the Canada small business loan. It’s of course a government program that helps businesses get the financing they might otherwise not be able to achieve. Let's examine some crucial tips, dare we say ' secrets ' around cracking the secret code known as ' approval' on a program which has helped almost 8000 different businesses annually to either launch or grow their business.

Primary topic: Entrepreneurs
Entrepreneurs
979 views
Read article
By Stan ProkopRecently published1 topic

Getting The Most Out Of Canadian Lease Pricing and Best Lease Rates? Here’s How Capital Equipment Finance Works

How can we get the most out of lease pricing, including by the way getting best lease rates in Canada what we access capital equipment finance via an equipment finance strategy? That’s a typical client question and we'll explore some answers, tips, and strategies in that area. If there is a threat or disadvantage to equipment financing in Canada it’s a pretty simply one - being unaware of what areas can impact the advantages of a lease, for example a simple ' end of term ' option.

Primary topic: Entrepreneurs
Entrepreneurs
597 views
Read article
By Stan ProkopRecently published1 topic

Who’s The Boss? Are Cash Flow Financing Challenges Managing You? Business Working Capital Management

Valid question, right? When it comes to your business working capital and cash flow financing who's running the show, you, or are those two culprits seemingly running your company? We're remind of one of Yogi Berra's (many) great lines - ' when you come to a fork in the road, take it ‘! That's probably where you are now in many cases. Determining who will win the ongoing cash flow battle for supremacy.

Primary topic: Entrepreneurs
Entrepreneurs
791 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Say Yes To Canadian Working Capital Solutions - Say No To Financing Cash Flow Obstacles !

Today the goal is fairly simple. We'll identify some of the obstacles encountered by Canadian business when it comes to financing cash flow, and, as importantly we'll demonstrate some traditional as well as new forms of working capital solutions for the Canadian business owner and financial manager. One of the reasons we like talking to clients on this subject is simply for the fact that certain terms in financing, i.e. ' working capital' and 'cash flow' are often overworked and not properly understood.

Primary topic: Entrepreneurs
Entrepreneurs
443 views
Read article
By Stan ProkopRecently published1 topic

Financing Tax Pigs . Your SRED ( SR&ED Tax Credits ) Tax Credit Claims Are Still 100% Financeable!

Ouch! Make that a double ouch! Tax pigs? That was the assessment of one of Canada's leading economics and business professors when it came to Canadian firms who line up (we assume he meant at the trough?!?!) to get their fare share of what he called ' tax preferences' in Canada. The thrust of the article, which appeared in one of the two leading business newspapers in Canada, was that Canada is losing billions, yes that’s billions with a capital B... to a long list of tax programs from which it derives little benefit.

Primary topic: Entrepreneurs
Entrepreneurs
775 views
Read article
By Stan ProkopRecently published1 topic

Is There A Hole In Your Leasing Finance Sidewalk ? Get A Canadian Lease Finance Company

A hole in your leasing finance sidewalk? It's an interesting play on words around a current popular book making the rounds. We thought it was a neat analogy for Canadian business owners who want to make the most out of a lease finance company strategy... but instead keep making the same mistakes when it comes to being successful in equipment financing. In essence their equipment lease strategy becomes a hole in their business, and managing what might seem like a complex process leads to that ' hole in the sidewalk '.

Primary topic: Entrepreneurs
Entrepreneurs
815 views
Read article
By Stan ProkopRecently published1 topic

Warning! Are Traditional Factoring Program Companies In Canada Right For Your AR Finance Challenge?

There's nothing like a ' Danger Ahead' sign up the road to catch a Canadian business owners attention. That's why we're pointing out a number of things today with respect to factoring companies in Canada, how they work, and why ar (accounts receivable) finance may be the best thing that ever happened to you... or the worst. Talk about a balanced perspective.

Primary topic: Entrepreneurs
Entrepreneurs
708 views
Read article
By Stan ProkopRecently published1 topic

Leasing IT Cloud Financing Services . Lease Your Hardware And Software Needs

IT cloud financing services and the leasing of such services for hardware and software needs presents new challenges for the Canadian business and financial managers looking to leverage technology via lease financing. Oh, and by the way, financing ' the cloud ' presents probably just as many challenges for lessors and finance institutions also! Cloud technology is of course the newest kid on the block. It’s another new concept to comprehend, essentially the use of computing as resources, both hardware, and software, over a network. That network typically is of course the internet.

Primary topic: Entrepreneurs
Entrepreneurs
875 views
Read article
By Stan ProkopRecently published1 topic

Naked Truth And Insights Into The ABL Asset Credit Line Facility . Canadian Business Financing Unexpected!

Stripped down. An ABL facility asset credit line for your business financing needs just might be the most basic, yet perfect Canadian business financing vehicle your company needs. Oh, and by the way, that’s if you are a start up, in the SME sector, or one of Canada's largest corporations, because those three are already using this type of asset based business line of credit. The ongoing debate of whether business credit financing in Canada is still tight rages on. One could make the case that the patient, i.e. the economy and business credit is still sick. So is there a patient cure?

Primary topic: Entrepreneurs
Entrepreneurs
746 views
Read article
By Stan ProkopRecently published1 topic

Pulling The Trigger Successfully On New And Resale Franchise Financing Costs in Canada . Buying And Finance Tips

Buying a new or resale franchise in Canada? Let's try and show you how you can in effect ' pull the trigger ' successfully on franchise financing those costs. We read recently that a franchisee/ franchisor relationship is not unlike a marriage between you and the franchise firm that you have selected as your future partner for hopefully... a long time!

Primary topic: Entrepreneurs
Entrepreneurs
734 views
Read article
By Stan ProkopRecently published1 topic

Put An End To Canadian Asset Finance Problems! Use Smart Lease Financing & Capital Leasing Strategies

Safe to say that Canadian business owners and financial managers have enough to worry about these days, so asset finance via lease financing for capital acquisition of equipment, hardware, software, etc shouldn’t be one of them! The benefits of lease finance have been pretty clear to Canadian businesses for many years. And when we say ' Canadian busines' that means in the case of capital leasing strategies every size of business in Canada, from start up to major corporation.

Primary topic: Entrepreneurs
Entrepreneurs
537 views
Read article
By Stan ProkopRecently published1 topic

Carrying On Without Cash Flow Is Not An Option ! Analysis and Solutions For Canadian Business

Carry on? Without business cash flow? That's not an option for Canadian business owners and financial managers. That's why the analysis of their cash and working capital needs, in the context of solutions available is so critical in today’s business environment. So are we all in agreement? We mean of course that no company has the ability to on a long term basis operate successfully without cash. That shortage is often the reasons why many companies fail.

Primary topic: Entrepreneurs
Entrepreneurs
705 views
Read article
By Stan ProkopRecently published1 topic

Cold Hard Facts On Franchise Financing Funding In Canada – Information On The Franchising Loan You Need

We've observed over the years that business owners and entrepreneurs never mind getting the ' cold hard facts’ in business, as long as they are in fact getting ' the facts'! So let’s share some franchise financing information on how the funding of a franchise loan really works in Canada. Purchasing a franchise in the Canadian marketplace can revolve around three different scenarios: a total new turnkey start, purchasing a business from an existing franchisee, or perhaps even adding another location or unit to the franchise you already own.

Primary topic: Entrepreneurs
Entrepreneurs
498 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Are SRED ( SR&ED ) Tax Credits Dead ? We Hope Not! SRED Financing For Your SR ED Credit Claims Is Alive & Well !

Sweating bullets. Always a favorite expression for some serious worrying. That surely must be the case for thousands of Canadian firms and the industry consultants who file SRED (SR&ED) claims in Canada for their non refundable tax credit monies for their R&D processes. We're not going to weigh in on whether these tax credits are justified, not justified, or who screwed things up, but we will say one thing - Your Sred financing is still alive and well. In fact in some ways it just got better, and we'll talk about that also.

Primary topic: Entrepreneurs
Entrepreneurs
612 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

The SR&ED Bridge Loan – The ‘ Hushed Truth ‘ On ( SR ED )SRED Tax Credit Financing Loans In Canada

The SR&ED bridge loan in Canada. Did it almost become a hushed secret at a timer when the very existence of the SRED tax credit seemed in doubt? The real secret of SRED loans in Canada is that they were available for your tax credit prior to the current budget, and, guess what. ? .... They remain in place today for your tax credit financing strategy! Most Canadian business owners who utilize the SR&ED program in Canada were keenly aware that the very existence of the tax credit seemed in doubt in 2012.

Primary topic: Entrepreneurs
Entrepreneurs
975 views
Read article
By Stan ProkopRecently published1 topic

Best Practices On Getting Canada Government Loans. Let The SBL Loan For Small Business Work For You

Canada government loans for small business. Are there some ' best practices ' to follow to ensure they work for you, and that of course you get approved? We think there are. If you have worked in a larger corporation at any time (trust us ... we have) they always talk about ' best practices. They are defined as practices or methods that will ‘consistently show results superior to those by other means’. We’re not the biggest fans of buzzwords and ' corporate speak ' but we will say that it does seem quite applicable to our subject, the SBL loan in Canada.

Primary topic: Entrepreneurs
Entrepreneurs
679 views
Read article
By Stan ProkopRecently published1 topic

Accounts Receivable Services Conspiracy Theories That Might Be True ! What Is Factoring And What You Need To know In Canada

Accounts receivable services in Canada. We thought it was appropriate perhaps to use the term ' conspiracy theory ' around the subject, because misinformation abounds and buying into some of that misinformation can in effect be a costly experience. Let's examine some of the key issues around that misinformation - in essence ' what is factoring' or A/R discounting and how does it work. That misinformation we talked about always seems to revolve around several key issues. What are those issues? They're as follows: Is A/R financing only available for certain businesses?

Primary topic: Entrepreneurs
Entrepreneurs
832 views
Read article
By Stan ProkopRecently published1 topic

5 Advantages Of AR Accounts Receivable Finance In Canada. Using A Business Factor Funding Program Works.

Thousands of Canadian business owners and financial managers perceive AR Accounts Receivable Finance as a solid strategy for financing their firms. Let's examine 5 key advantages of this method of working capital finance. But first let’s take a quick step back and ensure we understand the product and the mechanics of this type of finance service.

Primary topic: Entrepreneurs
Entrepreneurs
969 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Achieve the Impossible With ABL ? How The Asset Based Line Of Credit Facility Creates Financing

Why do we maintai ABL financing achieves the impossible? For us, it seems pretty simple. It's that just one type of Canadian business financing, the asset based line of credit facility, can successfully address, and answer ' YES ' to the following questions: Is Your Firm viewed as high risk by other more traditional institutions such as Canadian chartered banks? Do you wish to acquire a competitor or another firm? Do you need interim financing while in the stages of a ' turnaround'? Are you experiencing ' hyper growth ' without the necessary financing to handle that growth?

Primary topic: Entrepreneurs
Entrepreneurs
747 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Overlooked Leasing Equipment As A Source Of Business Finance ? Lease Financing Works. Here's Why!

Overlooked? You tell us, but we're never more amazed at why leasing equipment is such an often overlooked source of business financing in Canada. Here's why we think the ' unconverted' need to reassess this popular method of financing their businesses when it comes to asset acquisition. Hopefully you've got your short term working capital and cash flow needs sorted out. They might include bank lines, receivable finance, working capital facilities, asset based lines of credit, etc.

Primary topic: Entrepreneurs
Entrepreneurs
868 views2/5 (1)
Read article
By Stan ProkopRecently published1 topic

Avoid Costly Mistakes In Financing Working Capital – Finance Solutions For A Canadian Business Cash Flow Loan

It's a mine field out there! And some of the decisions you make around financing working capital can be beneficial, or costly! depending on the business finance loan or arrangement you ultimately choose. And whats probably worse is making that type of decision without knowing all your options.

Primary topic: Entrepreneurs
Entrepreneurs
480 views
Read article