Canadian Business Financing - Stan Prokop

In  2004 I founded 7 PARK AVENUE FINANCIAL. At that time I had spent all my working life, at that time  almost 30 years in Commercial credit and lending. Our team has decades of experience in working with companies who require financing, from start ups, to Financial Post 100 firms.

I wanted to start a firm based on my belief that the Canadian commercial lending landscape is drastically changing and that a void exists for business owners, both small and large, that want service, creativity, and access to rates and structures and types  financing that they deserve. Over the last 5 years we consistently delivered on the following Traditional and Alternative Financing Options:

• Equipment Finance
• Working Capital FInancing / Merchant Cash Advance / Unsecured cash flow loans
• Asset based Financing - Asset based lines of Credit
• Receivable Financing/ Factoring
• Franchise Finance
• Tax Credit Financing - SR&ED / FILM/TELEVISION/ANIMATION
• Inventory and PO Finance
• Environmental Finance / Wind Finance/Carbon Finance

7 Park Avenue delivers on Canadian Business Financing

Here you will find a summary of our business financing origination in the areas of business loans, working capital financing,  SR & ED tax credit financings, Goverment SBL loans, acquistion financing, equpment leasing, commercial mortgages, franchise financing, and business plan and consulting engagements.

(Confidentiality prevents the disclosure of certain information pertaining to the transaction)

* We originated and completed a $240,000.00 SRED ( SR&ED) Tax credit financing, for our client, a Western Canadian firm in the Wind turbine industry - Nov / 2011

* We finalized an add on securitization tranche for our client a services player in the Automotive aftermarket - $ 140,000.00 - Nov 2011 - We anticicipate another $ 500,000.00 advance under this facility shortly, bringing total finance for this tranaction to the 1,000,000.00$ range.

* We originated lease financing for a Bus for a sports firm located in Western Canada - $ 60,000.00- Nov 2011

* We completed a $ 530,000.00 equipment financing for technology assets for a Canadian Internet Service Provider - Location - Southern Ontario - Nov/2011

* We originated and acted as advisor on a $300,000.00 ABL asset based line of credit for our client, a distributor of security devices in Alberta - Sept /2011

* We completed our 4th and 5th tranche securitization financing in the amount of $ 615,000/00 for our client who is a services player in the automotive aftermarket - Aug/2011

* We originated a $ 50,000.00 sale /leaseback for a manufacturing company located in North Western Ontario - providing the company with additional working capital for expansion - Aug/2011

* We completed a third tranche securitization facility for our client , an automotive aftermarket player in South Western Ontario - Total financing $300,000.00 - July 2011

* We originated a $300,000.00 asset based line of credit financing offer for our client, a distributor of security controls systems in Western Canada - July - 2011- Alberta

Read more about our financing track record...

(Confidentiality prevents the disclosure of certain information pertaining to the transaction)

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