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.

What Are The Greatest Changes In Shopping In Your Lifetime

What are the greatest changes in shopping in your lifetime? So asked my 9 year old grandson.

As I thought of the question the local Green Grocer came to mind. Because that is what the greatest change in shopping in my lifetime is.

That was the first place to start with the question of what are the greatest changes in shopping in your lifetime.

Our local green grocer was the most important change in shopping in my lifetime. Beside him was our butcher, a hairdresser and a chemist.

Looking back, we were well catered for as we had quite a few in our suburb. And yes, the greatest changes in shopping in my lifetime were with the small family owned businesses.

Entertainment While Shopping Has Changed
Buying butter was an entertainment in itself.
My sister and I often had to go to a favourite family grocer close by. We were always polite as we asked for a pound or two of butter and other small items.

Out came a big block of wet butter wrapped in grease-proof paper. Brought from the back of the shop, placed on a huge counter top and included two grooved pates.

That was a big change in our shopping in my lifetime… you don’t come across butter bashing nowadays.

Our old friendly Mr. Mahon with the moustache, would cut a square of butter. Lift it to another piece of greaseproof paper with his pates. On it went to the weighing scales, a bit sliced off or added here and there.

Our old grocer would then bash it with gusto, turning it over and over. Upside down and sideways it went, so that it had grooves from the pates, splashes going everywhere, including our faces.

My sister and I thought this was great fun and it always cracked us up. We loved it, as we loved Mahon’s, on the corner, our very favourite grocery shop.

Grocery Shopping
Further afield, we often had to go to another of my mother’s favourite, not so local, green grocer’s. Mr. McKessie, ( spelt phonetically) would take our list, gather the groceries and put them all in a big cardboard box.

And because we were good customers he always delivered them to our house free of charge. But he wasn’t nearly as much fun as old Mr. Mahon. Even so, he was a nice man.

All Things Fresh
So there were very many common services such as home deliveries like:

• Farm eggs

• Fresh vegetables

• Cow’s milk

• Freshly baked bread

• Coal for our open fires

Delivery Services
A man used to come to our house a couple of times a week with farm fresh eggs.

Another used to come every day with fresh vegetables, although my father loved growing his own.

Our milk, topped with beautiful cream, was delivered to our doorstep every single morning.

Unbelievably, come think of it now, our bread came to us in a huge van driven by our “bread-man” named Jerry who became a family friend.

My parents always invited Jerry and his wife to their parties, and there were many during the summer months. Kids and adults all thoroughly enjoyed these times. Alcohol was never included, my parents were teetotallers. Lemonade was a treat, with home made sandwiches and cakes.

The coal-man was another who delivered bags of coal for our open fires. I can still see his sooty face under his tweed cap but I can’t remember his name. We knew them all by name but most of them escape me now.

Mr. Higgins, a service man from the Hoover Company always came to our house to replace our old vacuum cleaner with an updated model.

Our insurance company even sent a man to collect the weekly premium.

People then only paid for their shopping with cash. This in itself has been a huge change in shopping in my lifetime.

In some department stores there was a system whereby the money from the cash registers was transported in a small cylinder on a moving wire track to the central office.

Some Of The Bigger Changes
Some of the bigger changes in shopping were the opening of supermarkets.

• Supermarkets replaced many individual smaller grocery shops. Cash and bank cheques have given way to credit and key cards.

• Internet shopping… the latest trend, but in many minds, doing more harm, to book shops.

• Not many written shopping lists, because mobile phones have taken over.

On a more optimistic note, I hear that book shops are popular again after a decline.

Personal Service Has Most Definitely Changed
So, no one really has to leave home, to purchase almost anything, technology makes it so easy to do online.
And we have a much bigger range of products now, to choose from, and credit cards have given us the greatest ease of payment.

We have longer shopping hours, and weekend shopping. But we have lost the personal service that we oldies had taken for granted and also appreciated.

Because of their frenetic lifestyles, I have heard people say they find shopping very stressful, that is grocery shopping. I’m sure it is when you have to dash home and cook dinner after a days work. I often think there has to be a better, less stressful way.

My mother had the best of both worlds, in the services she had at her disposal. With a full time job looking after 9 people, 7 children plus her and my dad, she was very lucky. Lucky too that she did not have 2 jobs.

Quinoa Nutritional Value: Best For People Who Want To Lose Weight

With every food we buy, whether processed or not, it is imperative to know what you are or what you’ll be eating – meaning the nutritional value that you get from your meal. Food or dining is not simply a form of entertainment or filling one’s stomach; it’s also about caring for your health and physique.For sure you have heard or read of Quinoa, the super food, many times already; or even if this is your first time. I’m sure you’re still excited and curious to know what it contains that people are branding it super food and mother of all grains. In this article, you’ll learn of not only the nutritional value in 1 serving of Quinoa (1 cup = 170 to 185 g), but also some of the real value (benefits) you get from Quinoa Nutritional Value based on a 2000 calorie diet.Quinoa Nutritional Value – Calories (185.5 kcal)Calorie is the main source of energy that you get from the food you eat. 6 calories is enough to sustain your skeletal muscles and bones and brain’s activities throughout the day! If you eat 1 serving of Quinoa in every meal of the day, you are already sustaining your body the energy it needs to function all day long.Quinoa Nutritional Value – Total Fat (4g)This makes Quinoa really interesting for weight losers. Of course, you cannot escape from taking in fats, forever. In fact you should not totally avoid them because they are needed for body maintenance – brain development in children, and growth support and energy. Fats are also for soft skin and shiny hair. Not to mention, fats are also needed by the body when producing hormones.Quinoa Nutritional Value – Cholesterol (0mg)Oh yes, you’re seeing it right. 1 cup of Quinoa does not contain cholesterol. Cholesterol is like fat in terms of health benefits. But don’t fret you already have the fats you need, you won’t need additional which will come from cholesterol.Quinoa Nutritional Value – Sodium (13mg)Nutritionists and doctors advise us to take 1500mg or less sodium a day. So hurray! You can eat 3 servings of Quinoa (1 for each meal) a day together with another one of your favorite dish, without consuming so much sodium (just make sure the other dishes you’re pairing Quinoa with contains 500mg of sodium each).Quinoa Nutritional Value – Carbohydrates (29g)Carbohydrates from Quinoa are good carbs. They are slow releasing, making your craving for junk foods lower. In a 2000 calorie diet, you should be taking in 250g of carbohydrates. In one cup of Quinoa, you are almost getting the right proportion of carbohydrates per calories your body needs. The level of carbohydrates is also ideal for diabetics in correcting the level of their blood sugars.Quinoa Nutritional Value – Protein (8g)Each day, you’ll need around 40-50g of protein. The good thing about protein from Quinoa is that it has a balanced composition of all the essential amino acids that are needed by the body to alleviate diseases and disorders. It is known to combat anxiety, control ADD in both the adultQuinoa Nutritional Value – Calcium (66mg)2500mg of calcium a day is safe, as per scientists and doctors. No one has overdosed in calcium yet, in fact, most of us are calcium deficient. But nonetheless, we don’t need this much calcium. Eight ounce glasses of milk per day, then you are already getting enough calcium. 1 ounce of milk contains about 35mg of calcium. This means you are already getting almost double the amount of calcium in an ounce of milk when you eat 1 cup of Quinoa. Hmm, talk about healthy!Quinoa Nutritional Value – Iron (3.93mg)Iron is the chief component of our red blood cells. It is necessary for producing hemoglobin. Hemoglobin is the one that carries oxygen throughout our body. The amount of iron that a pre-menopausal woman needs is 18mg. A post-menopausal woman needs 8mg, same with men; breastfeeding women need 1 more mg; pregnant women need a lot of iron (27mg)! If you eat Quinoa, you are already sure you have 1/6 or 1/3 the iron you need.Quinoa Nutritional Value – Vitamin E (1.2mg)Vitamin E is very abundant in grains and green leafy vegetables; and just a trivia, Quinoa is a quasi-grain. It is really a vegetable, just like spinach. We need at least 15mg of Vitamin E a day. Vitamin E protects us from harmful free radicals because it is an antioxidant. Quinoa already makes sure you get a dose of some Vitamin E already.Quinoa Nutritional Value – Zinc (2mg)Usually, zinc is found in meats, and not in grains. Imagine eating a grain that already provides you with zinc, that’s something rare. Zinc provides stronger immunity, helps heal wounds faster and promotes good eyesight when you age. The usual amount of zinc that a person needs is 15mg daily.Quinoa Nutritional Value – Fiber (2.51g)Ok, you already know Quinoa is not really a grain. But who cares? It contains fiber anyway. You need around 15-30 grams per day. Fiber is the nutrition that is helping our body increase bowel movement – making you burn those fats faster and easier. Another trivia is that fiber lowers women’s risk of developing breast cancer by a huge percent.