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.

Key Insights
The strong pullback in the U.S. dollar provided significant support to stocks.
Treasury yields have pulled back after touching new highs, which served as an additional positive catalyst for S&P 500.
A move above 3730 will push S&P 500 towards the resistance level at 3760.
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Pfizer Rallies After Announcing A Huge Price Hike For Its COVID-19 Vaccines
S&P 500 is currently trying to settle above 3730 as traders’ appetite for risk is growing. The U.S. dollar has recently gained strong downside momentum as the BoJ intervened to stop the rally in USD/JPY. Weaker U.S. dollar is bullish for stocks as it increases profits of multinational companies and makes U.S. equities cheaper for foreign investors.

The leading oil services company Schlumberger is up by 9% after beating analyst estimates on both earnings and revenue. Schlumberger’s peers Baker Hughes and Halliburton have also enjoyed strong support today.

Vaccine makers Pfizer and Moderna gained strong upside momentum after Pfizer announced that it will raise the price of its coronavirus vaccine to $110 – $130 per shot.

Biggest losers today include Verizon and Twitter. Verizon is down by 5% despite beating analyst estimates on both earnings and revenue. Subscriber numbers missed estimates, and traders pushed the stock to multi-year lows.

Twitter stock moved towards the $50 level as the U.S. may conduct a security review of Musk’s purchase of the company.

From a big picture point of view, today’s rebound is broad, and most market segments are moving higher. Treasury yields have started to move lower after testing new highs, providing additional support to S&P 500. It looks that some traders are ready to bet that Fed will be less hawkish than previously expected.

S&P 500 Tests Resistance At 3730

S&P 500 has recently managed to get above the 20 EMA and is trying to settle above the resistance at 3730. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge.

If S&P 500 manages to settle above 3730, it will head towards the next resistance level at 3760. A successful test of this level will push S&P 500 towards the next resistance at October highs at 3805. The 50 EMA is located in the nearby, so S&P 500 will likely face strong resistance above the 3800 level.

On the support side, the previous resistance at 3700 will likely serve as the first support level for S&P 500. In case S&P 500 declines below this level, it will move towards the next support level at 3675. A move below 3675 will push S&P 500 towards the support at 3640.

As someone who grew up with a love of the outdoors and gardening it was no great surprise that when I was “grown up” and house hunting a good sized garden was high on my list. However, what the estate agent thought was large I thought was tiny.I wanted a good outdoor space to create my ideal cottage garden. I have been gardening and interested in plants for as long as I can remember. A very early memory is being given a packet of polyanthus seeds by my grand mother who helped me sow and nurture them. They grew to a massive size and the story is often recounted by my also garden loving father.As a child I was allocated an area of my fathers garden to look after and grow whatever I wanted. I remember growing a wide range of flowers and having a herb garden. Many of the plants are still thriving today.My father is still a keen gardener although his area of expertise is the lawn. In fact it is an obsession. Being a golfer each blade of grass stands to attention and is manicured throughout the year. Personally I see lawns as wasted planting space.Having graduated from this area in my fathers garden to my own, I was excited rather daunted at the prospect of a blank canvas. I expect there are many gardeners out there who would relish the opportunity to start from scratch.As someone who usually rushes into things, I planned, researched, re planned and mulled many ideas over. What was really essential to me was that the garden had year round interest and the boundaries were hidden. I wanted to create my perfect cottage garden.I have a strong aversion to structure, routine and straight lines in a garden. This aversion also includes soil and boundaries. I like to hide all evidence of garden boundaries so the garden can look as natural as possible. Covering the soil also has the benefit of suppressing weeds. Order, a place for everything and everything in its place is so unnatural and is not my gardening philosophy. Lots of billowing flowers, verticals, garden rooms and year round interest are order of the day.I aim to mimic or imitate nature as far as possible. I simply adore the sight of plants mingling into each other, jostling for position like fans at a rock concert. This way the garden has texture, colour and form throughout the seasons.Evergreen shrubs form the structural back bone of the garden with trees and arches providing height. All shrubs and trees are under planted with spring and summer bulbs and many have clematis growing through them, timed to flower before the leaves unfurl. The snowdrops are the first brave little flowers to emerge about February. I welcome the sight of their delicate flowers which have a delicate honey fragrance. So heart warming in those bitter winter months where little else is brave enough to flower.I am a strong believer that a plant needs to provide interest for more than just one season. This is vital in a small garden. One of my favourite trees the Coral Bark acer, acer sangokaku, has wonderful red stems as its name suggests. This superb tree has the most delicate green leaves in early spring maturing to dark green. Finally in the autumn it erupts into vibrant yellow as it sings autumns finale. For me this tree gets better with age.I must confess that I am a bit of a plantaholic. Buying, planting and sowing are all gardening pleasures. In my garden I have four distinct areas but they are all connected by arches,small paths and subtle nooks between plants. The garden was planned to appear unplanned, a garden to wander and explore. Each are has a slightly different feel but there is year round interest be that from frost on the remnants of last years sunflowers and perennial flowers,spiders webs glinting with dew in autumn with the fireworks of Rudbeckia, Sedum, Echinacea and acer foliage.Spring is glowing with a wide variety of Daffodils,Tulips, Fritillaries and of course the cherry blossom. I adore cherry blossom especially when viewed against a clear blue spring sky.Summer is my favourite time of year. My favourite flowers Sweetpeas are in full bloom. Vases of their sweet fragrance fill most rooms in my house. My other weakness are Roses. My garden is full of Roses, from ramblers to hybrid teas. I use Roses to climb walls,fences,shrubs and trees. I adore fragrant Roses especially if they are climbers or ramblers. There is nothing better in the summer than sitting under an arch of Roses with a glass of wine in the evening soaking up the scent. I also love the shape and form of Roses. From the tight bud to the full open bloom I find them exquisitely beautiful. Roses also fill my home. They also fill a large border outside my house which is planted with spring and summer bulbs. The border billows in high summer with fragrant Aquilegia, Penstemons and Lavender, an essential plant for me in the garden and romance. To me its perfect.My large border is cottage garden heaven. It has no rules, plants are allowed to self seed freely, plants are divided, if something is not working or thriving it is removed as there are so many plants I love its like a games of swapsies. This border has trees for the vertical, evergreen shrubs, lots of bulbs and carpets of flowers from Forget-me-nots in Spring, Aquilegia, Peonies, Sweet Peas, Larkspur, Calendula, Poppies in a variety of colour, Alliums, Nemesia, Lavender, Scabious, Verbascum and Verbena. These flowers are allowed to self seed and thus follow the seasons. I leave the seed heads for birds and insects, the rest germinate and I enjoy the following year. I simply adore my flower borders as its all about feminine pastel shades and whites which simply glow in the evening light.I adore flowers and growing them for the house is such a pleasure. There is no secret to successful growing.Trees are something that I feel are essential in the garden. I have two fruit trees and the rest are ornamental. I have trees for the colour of their bark and trees for Autumn colour. The great thing about trees is that the add instant height and interest. Trees are also fantastic for growing Clematis, Wisteria or Roses through the branches.This year I decided to enter Warminster in Bloom. I entered for fun and won first prize! I was so thrilled that my cottage garden had won despite being only three years old. Lets hope next year the weather doesn’t wreak such havoc on the garden.