Business funding options are provided by a number of non-bank specialized funding companies in Canada. They provide a range of business solutions, all different, while allowing you to achieve cash and working capital targets. They are actually, the answer to .. You guessed that it is not a bank financing conundums.
The Challenge of Corporate Owners and Financial Officers is to identify and execute on which these sources are and what they can do for your business. Many companies and industries have in fact specialized needs.
When you think about the right type of business financing for your business, it’s important to think about Senior and Junior! What do we mean by this comment? Just a senior lender will want any security of your business, usually managed by a document called General Safety Agreement G S. It becomes a challenge to create other types of cash flows and debt solutions that can not be monetized.
A good example of a main lender is Canadian chartered banks. But when this source of capital is not available, many companies are nowadays, choose asset-based lenders, which allows them to take advantage of various assets of their business but more flexibility.
In some cases, your business may need a “bridge loan” – they resolve temporary fixed asset shortages. They are a “bridge” to the future refinancing of your business.
Leasing companies are one of these specialized asset lenders who funded new equipment and used, even software. While many companies think they are eligible for the VC or the financing of private equity, they are poor candidates for this type of funding. Numerous owners and financial managers spend a lot of time and money going down the venture capital / path of participation, only to find that they are not ready for this type of capital solution.
Is there a bottom line? We think, simply that if you are looking for a business financing company for debt and cash, alternatives, non-bank lenders are an excellent choice.
What types of funding can be achieved through alternative lenders? In fact, they abound and commercial solutions are available in admissible financing, credit asset business sectors, tax credit financing, leasing strategies, franchise loans, funding to receive .. also called “factoring”, etc.
Look for and talk about a funding advisor for the Canadian trust, credible and experienced with a trace of success in finding a non-banking business financing company in Canada.
Stan had a successful career with some of the world’s largest and most prosperous societies.