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.

Best Skin Care: Top 10 Skin Care Tips

Healthy skin is probably the most important aspect of natural beauty-enhancement. Below you will find the top 10 best skin care tips. Though there are certainly more than 10 important tips to getting the most beautiful skin possible, this skin care tips list is limited to the top 10 that cover the critical points of skin care. Here they are:1. Know Your Skin Type. Determining your skin type is the first thing that must be done because it will determine the products you choose and the daily regimen that you will follow. There is no one product that will suit every skin type. Your type will be classified as dry, oily, or combination. Look for products that specifically deal with your particular type.2. Drink Plenty of Water. This cannot be stressed enough. Drinking lots of water will keep your skin moist and will aid in your overall health. Your skin is the biggest organ of your body and it requires a lot of water in order to be at its best. This is one of the most important tips for overall best skin care.3. Cleanse the skin twice a day. Every day we are exposed to dust, free radicals and outside pollutants that can damage our skin. Even though our skin doesn’t look “dirty”, we must be sure to cleanse regularly and twice a day is the recommended amount. When bathing or cleansing your face, use lukewarm water instead of very hot or very cold water because both of those may damage the skin as well.4. Treat your skin gently. Scrubbing the skin or exfoliating too often is not good for your skin. Never rub, but gently massage the cleanser into your face using upward circular motions. As you age, the skin loses its elasticity and rubbing it or pulling it can actually cause the skin to sag.5. Use a moisturizer. Dry skin looks bad because it’s not getting the proper nutrients that it needs. The dryness will actually cause your outer layer of skin to crack which results in an unattractive look. Choose a moisturizer that is right for your skin type and apply it over damp skin. Also ensure it’s a good quality product that contains the necessary nutrients for best skin care.6. NEVER use body soap on the face. This type of soap is meant for use below the neck. Only use cleansers that are made for the face because they are much more gentle on your skin.7. Use Sunscreen. This point cannot be stressed enough. Using sunscreen will protect your skin against the harmful UV radiation from the sun. You may think that if it’s cloudy that you don’t need sunscreen, but that’s not true. Skin cancer can be caused by exposure to UV rays so don’t forget this very important skin care tip.8. Exercise and get plenty of sleep. Both are essential for great skin and overall health. Lack of sleep and lack of exercise are both causes of sagging skin and wrinkles. Both exercise and sleep will help you to overcome any stress in your life which makes you look and feel better.9. Don’t ignore skin conditions. Be sure to pay attention to your skin and if you notice any abnormalities, consult your dermatologist immediately. It’s best to find out what the condition is before you start self-diagnosing and treating it yourself, which could lead to more problems.10. Try to beat stress. Though we all have stress in our lives, there are ways to lessen it. Understand that stress is harmful in so many ways to your health and to your appearance. It will harm the skin as well so be mindful of this and try to do things to help lessen the stress in your life.

Conceptualizing Online Business Ideas

There are very many business ideas online. Ideas range from textile business, automotives, and restaurants to marketing ideas. You can be able to sell a lot of things using web media. Bags, apparels and shoes can be sold while there are more absurd ideas which are along the celebrity hairs and also other random things which are just crazy.Selling of silly products online using the eBay is one thing, while creating a sustainable business-online is another. So it takes you to make some evaluations when it comes to making online business ideas.Keep an eye for any arising problem which you can solve: by now, you will notice that the successful online businesses which are thriving and performing well are doing so because there is a problem they are solving for someone, somewhere.There are times when you ask yourself the some questions like ‘what are the problems which I face when doing my day-to-day business’, ‘which challenges do I face when travelling’ and any other questions. Then you answer yourself; what are the solving issues which will address my problems? Having gotten the answers, you can then know how to start a business that will be able to solve and meets the customers’ issues at hand. You will be amazed by the answers which are coming into your head and which will help you start an online business which will do great.Determine whether the idea can be performed online: this article has stated that you are likely to get very many business ideas. Nevertheless, there are those ideas which can’t match into the online world. Some are designed only to be performed manually.Pure online businesses are very different from the traditional businesses. This is because the pure online businesses will provide eBay shops and information running on advertising and affiliate income, not forgetting the number of applications available online which offer services on subscription basis. Internet makes anything possible though. You can get an idea which seems to be inapplicable but getting information and online ideas on how you can combine a thing here and another one there can lead to success of an online business which can do good stuff.Put up a website: this is the last thing to do in developing online idea. The interesting thing about getting ideas of online business online is that it will cost you more when planning than when carrying out the execution of the idea. Get the model of the business down and then start to build the website. This will help you in getting feedbacks from the customers instantaneous. Thus you will be able to address the customers’ needs as they arise.