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.

Pharmacy Technician Test For Your Competency Evaluation

The Pharmacy Technician Test has been prepared to assess the competency evaluation of a Pharmacy Technician. The test also evaluates the working quality of a Pharmacy Technician in actual working in pharmacy settings. Certification is awarded to the passing candidate. But, why Pharmacy test and Certification are essential for a Pharmacy personnel and how they will be benefited by earning the certification?In order to answer these questions, it is necessary to gain knowledge about Pharmacy Technicians. Pharmacy professionals are well trained in pharmacy field and they assist the Pharmacist by performing various pharmacy related works. It is their duty to help pharmacist in preparation of prescription, provide medications to customers and patients alike, counsel customers about use and misuse of the drugs, inform them about the effects of different types of drugs on the body, look after the cash counter, do administrative duties and perform numerous other pharmacy and drug related works in a pharmacy.Though no formal education is required for working in a Pharmacy and work-on-the job training is enough for getting employment in a pharmacy. But, obtaining a Certification offers various types of benefits, such as better career prospects, higher salary and wider knowledge of medication field.The Certification is offered by the Pharmacy Technician Certification Board and it is necessary to pass the PTCB Certification test for earning certification. There are many community colleges, schools, trade schools and online courses, which prepares a student for the test.PTCB certification test consist of 125 multiple choice scoring questions and 15 non-scoring questions. The non-scoring questions do not score but, they are helpful in future tests and quality test. The duration of the exam is 3 hours and the person appearing for the test must answer all questions, within that stipulated time period. Scores are offered according to the answered questions. Thus, it is necessary for a student to answer all questions to score better. Every question has 4 answers option, where only one answer is correct and that has to be marked by the individual appearing for the exam.If you are also looking for the better career prospect, then you must sit for the Certification test and earn certification, which can also help you in getting registered with respective State Board of Pharmacy.

Photofacial – Anti-Aging Skin Care Treatments For Removal of Age Spots and Blood Vessels

Photofacial skin care treatments, also called IPL, short for Intense Pulsed Light, are very effective, no down time, safe methods for removing pigment, or brown spots, and excess or broken blood vessels from the facial skin. Browns spots, broken blood vessels around the nose, chin and cheeks are classic signs of sun damage and aging of the facial skin. Brown spots, often called age spots are caused by pigment that is produced by the skin to protect the skin from the harmful ultraviolet (UV) rays of the sun. New blood vessels grow into the skin in response to skin injury, first to wash out damaged skin debris and later to bring in healing factors. As our skin ages, the brown spots and broken blood vessels are left behind on the skin after the inflammation or skin injury has passed. These pigmented and red vascular spots create an aged variegated appearance to the facial skin which is called dyschromia, and is a sign of facial aging. Photofacial skin care treatments are the treatment of choice for benign facial skin pigmentation, age spots, brown spots and broken blood vessels and small red spots called telangiectasia on the face. Photofacial treatments are now preferred over laser treatments for these specific pigment and vascular lesions.What Causes Age Spots, Sun Spots, Red Blotches and Broken Blood Vessels on the Face Neck and Décolletage?Browns spots and broken blood vessels around the nose, chin, cheeks, neck, hands and Décolletage are classic signs of sun damage and aging of the skin. Brown spots, often called age spots are caused by pigment that is produced by the skin to protect the skin from the harmful ultraviolet (UV) rays of the sun. New blood vessels grow into the skin in response to skin injury by the sun. This process of new blood vessel growth is called inflammation.The new blood vessels bring blood into the facial skin first to wash out damaged skin cell debris and later to bring in skin healing factors.As our skin ages, the brown spots and broken blood vessels are left behind on the skin after the inflammation or skin injury has passed. These pigmented and red vascular spots create an aged variegated appearance to the facial skin which is called dyschromia, which is a sign of facial aging.Photofacial skin care treatments or IPL treatments are the non-surgical anti-aging skin care treatment of choice for benign facial skin pigmentation, age spots, brown spots and broken blood vessels, the small red spots called telangiectasia, on the face, hands, neck and Décolletage. Photofacial treatments are now preferred over laser treatments for these specific pigment and vascular lesions.How Do Photofacial or Intense Pulsed Light Non-surgical anti-aging Skin Care Treatments Work?Photofacial or IPL anti-aging skin care treatments use a bright flash of visible light, like the light of a camera flash to remove pigment and blood vessels non-surgically from the skin. This pulsed or flashed light is very different from a laser and in most instances, less powerful and less dangerous that laser light.I use a Photofacial IPL machine called the LuxGreen IPL made by Palomar Medical Laser Company in Burlington, Massachusetts. Palomar Medical is the premier manufacturer of Aesthetic Laser and Light therapy machines in the world. The LuxGreen Photofacial is the best Photofacial technology I have ever used. The LuxGreen Photofacial IPL machine is very effective and is the most comfortable for you the patient of any IPL device available.Photofacial skin rejuvenation works by passing a flash of bright light through a filter that only allows a specific color of light in the flash to pass through the filter and hit the skin. In the case of the LuxGreen Photofacial, only light with a wavelength of 550nm (nm=nanometers or one millionth of a meter and is the measure of the green light wavelength in the visible light spectrum) to pass through the IPL filter and hit the skin.The LuxGreen IPL 550nm light is selectively absorbed or taken up by the brown pigment in an age spot or the dark reddish brown color of blood in a blood vessel. When the Photofacial light energy is absorbed by the pigment or blood vessel, the heat from the Photofacial or IPL light destroys the pigment or blood vessel by heating it.This process is called Target Specific Photothermolysis. A specific target, that is a color, is heated (thermo) with a light (photo) beam and dissolved or destroyed (lysis).Using color filters placed in front of the Intense Pulsed Light beam, a wide variety of colors can be allowed through to treat many different skin conditions including hair removal (LuxRed), acne (LuxViolet), and others.What Will My Skin Look Like Immediately After a Photofacial Skin Care Treatment?Unlike lasers, which can cause the skin to peel and possibly leave scars, the Lux Green IPL treatments are very gentle on the skin. The pigment in the brown spot or age spot will darken very slightly, and the treated blood vessel will also darken a bit. However the skin will be intact. The treated areas may also be slightly pink for a few hours.We place ice or a cool pack on the treated area immediately and this also may make the skin pink. However, the pinkness may be covered with makeup immediately. You may return to work. And your skin will be nearly normal the next day.Does An Intense Pulsed Light Skin Care Treatment Hurt?There is minimal discomfort during an IPL care treatment. Anesthesia or numbing medicine is not required. When the IPL flash hits the skin you will feel a small snap or sting, but this is easily tolerated by all of my patients.How Many IPL Skin Care Treatments will I Need?Usually 3 IPL skin care treatments are required spaced 4-5 weeks apart for the best results. Multiple treatments are the price for gentle treatments that are not painful and do not injure the skin.Technically enough power can be used to remove the brown spot or blood vessel in one treatment, but this energy level would be painful, blister the skin and possibly leave a scar. This is what happened with old time laser treatments, and the new IPL is designed to remove pigment and blood vessels painlessly and with no trace or scar left behind. To accomplish this we need to stage the removal in 2-3 treatments 4-5 weeks apart. The results are well worth the wait.How Soon after My Intense Pulsed Light Skin Care Treatment Will I See a Result?Generally you will see the results of your IPL skin care treatment at 4-5 weeks. The brown spot will be lighter or gone and the red spot or blood vessel will be much smaller. Some patients with thin skin and very light pigment or small broken blood vessels will see complete removal after one treatment.However most people see definite improvement 5 weeks after the IPL treatment and require 2 more treatments for complete removal.How Many Intense Pulsed Light Skin Care Treatments Will I Need?If you have very fair thin skin with minimal sun damage and very light pigment or very tiny blood vessels you may only need one IPL treatment. However most people need 3 treatments scheduled 4-5 weeks apart for a complete result.Who Should I Consult For My Intense Pulsed Light (IPL) Skin Care Treatment?The best IPL machines are found in a physician’s office. Less powerful IPL machines are allowed to be used in Spas, but results are not as effective with these downgraded machines. In my experience patients do not get the results that they want in a spa, and often come to my practice for repeat treatments with the LuxGreen IPL after having already spent money for IPL in a spa.The other benefit of having your IPL treatment in a physician’s office is that you will be examined by a doctor who can properly diagnose your skin condition. Some brown lesions are dangerous and require medical evaluation and should not be treated with Intense Pulsed Light. If you have Rosacea or larger blood vessels on your face, a different therapy is required. These are medical treatments and should be done in a doctor’s office. Your skin will be evaluated for more serious skin conditions, and you will receive more effective Intense Pulsed Light skin care treatments.How Do I Find a Good Doctor to Do My Intense Pulsed Light Skin Care Treatment?Light based and laser non-surgical skin rejuvenation treatments are best done by a doctor who is well trained and specializes in anti-aging skin treatments. Your safest bet is to seek consultation with a board certified plastic surgeon or dermatologist who has experience in laser and light based therapies such as Intense Pulsed Light.I am of course prejudiced because I am a board certified plastic surgeon. However, a plastic surgeon is trained and capable of providing the full range of non-surgical and surgical skin anti-aging procedures and can customize your skin treatments to your unique face. Doctors who cannot provide all treatments are tempted to “fit your unique face” into the particular skin treatment they offer, and that is not the best situation for you.Good sources of honest objective information about choosing a physician are available at the following links:American Society of Plastic surgeonsAmerican Society of Aesthetic Plastic Surgeons