Liquid Capital
Liquid Capital connects businesses with funding experts across the United States and Canada to help them access the funding advice and working capital solutions they need to grow.
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Liquid Capital connects businesses with funding experts across the United States and Canada to help them access the funding advice and working capital solutions they need to grow.
Find out about possible government financial programs and resource options available for your business.
It’s no secret that businesses have seen their fair share of changes in the last few months. As owners, C-levels and managers adapt, it’s a good idea to find all the available financial support and resources at hand. While Liquid Capital can provide much-needed cash flow, this can also be a supplement to other resources, including government grants.
At this time, both the American and Canadian governments are providing some different funding options for small and medium-sized businesses. Here’s a list of some of the highlights below.
The Small Business Administration has by far the most comprehensive funding resources available when it comes to seeking financial assistance due to the coronavirus. With content available in 17 different languages, it includes coronavirus funding options, guidance for businesses and employers, as well as information on local assistance, SBA products and resources, and government contracting.
The SBA is also offering a Paycheck Protection Program, which provides a loan to be used towards keeping your employees and workers on the payroll. The SBA will also forgive the loan, granted it is used for payroll, rent, mortgage interest or utilities. Applications can be completed directly from the SBA website.
The SBA is also offering this program with loan advances up to $10,000 of economic relief for businesses that are currently experiencing temporary loss of revenue. Additionally, they have recently revised the eligibility criteria to include agricultural businesses.
The U.S. Chamber of Commerce has compiled a list of resources to help small businesses throughout these uncertain times. With content available ranging from general coverage, information on the federal government’s coronavirus stimulus legislation, small business loans, how to manage employees as well as remote work
The United States Government has compiled a list of funding sources that they are backing including links for small business loans and other government funding options for your business. This is part of their Coronavirus Aid, Relief, and Economic Security Act.
Offered by the Government of Canada, the Regional Relief and Recovery Fund (RRRF), gives businesses located outside of metropolitan areas access to additional financial resources. $675 million of the near $1 Billion total of the fund will be allocated to help support regional economies. Applications can be completed directly from one of the Regional Development Agencies listed on the page.
The Government of Canada will be offering a variety of financial services during the coronavirus pandemic, ranging from the individual to small and big businesses alike. To navigate which option is best suited to you this quiz will point you in the right direction.
Additionally, the Canadian government has set up a specific relief fund for Indigenous businesses, which includes up to $40,000 for small and medium-sized businesses. The capital is divided with $30,000 as an interest-free loan and a non-repayable contribution of $10,000. Consult the contact information on the dedicated page for more insights on the application process.
This fund was specifically set up for large Canadian employers who need financial assistance due to the pandemic, and will provide loans upwards of $60 million. The minimum annual revenue requirement is $300 million or more, however, businesses in the financial sector are excluded from applying. The applications should be completed by emailing LEEFF-CUGE@cdev.gc.ca to register intent.
The CMHC has set up a rent relief program from those who own commercial properties and have small businesses as tenants who have been affected by the coronavirus. Those eligible for the program will be able to acquire forgivable loans if they agree to reduce the rent by 75% for the months of April, May and June, as well as meet operating expenses on commercial properties. Application can be completed directly through the website.
Although not specifically for funding options, the BBB does offer a range of helpful business tips on navigating the pandemic — plus information on price gouging and scam alerts. Additionally, they offer a COVID-19 toolkit for both Canadian and American businesses.
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At Liquid Capital, we work with clients who operate businesses in a variety of industries and office structures — whether from busy downtown buildings, the manufacturing floor, on-the-go or from their home office space. We’re business people ourselves, and our company is built on a network of locally owned and operated Principal offices. Whenever you’re talking to Liquid Capital, you’re talking directly to your funding source and a fellow business person.
Larry Schaad is the owner of LFS Capital, Inc. in South Florida, which franchise specializes in providing small to medium sized clients with an array of accounts receivable financing solutions and receivable management services, including credit checks, collections and administration.
Larry is an extremely experienced finance professional having over 20 years in commercial banking and over 10 years in corporate treasury. He decided to leave the corporate finance world in early 2013 and become a small business owner by acquiring LFS Capital, Inc. Liquid Capital is an established international network of finance professionals with over 80 offices throughout North America.
Prior to purchasing LFS Capital, Inc., Larry was Divisional Treasurer at LNR Partners LLC on Miami Beach and Corporate Treasurer with Danka Business Systems plc in St. Petersburg, FL. Larry’s banking experience began in the early 1980’s with Continental Illinois National Bank and Trust Company and went on to include Bank of America and Raymond James Bank.
While currently residing in Miami, Larry’s work has allowed him to live in Saint Petersburg, FL, London, England, Atlanta, GA, Chicago, IL, and Dallas and Houston, TX. Larry holds a Bachelor of Science Degree in Business Administration from the University of Florida.
Larry Schaad es el dueño de LFS Capital, Inc. en el sur de la Florida, que es una franquicia especializada en ofrecer a clientes medianos y pequeños una gama de soluciones de financiamiento de cuentas por cobrar y servicios de gestión de cuentas por cobrar que incluyen cheques de crédito, cobros y administración.
Larry es un profesional de las finanzas sumamente experimentado con más de 20 años en la banca comercial y más de 10 en tesorería corporativa. Decidió dejar el mundo de las finanzas corporativas a comienzos de 2013 y se convirtió en el dueño de una pequeña empresa al adquirir LFS Capital, Inc. Liquid Capital es una red internacional establecida de profesionales de finanzas con más de 80 oficinas en toda Norte América.
Antes de comprar LFS Capital, Inc., Larry fue Tesorero de División en LNR Partners LLC, en Miami Beach, y Tesorero Corporativo con Danka Business Systems plc, en St. Petersburg, Florida. La experiencia bancaria de Larry empezó a comienzos de 1980 con Continental Illinois National Bank and Trust Company y continuó con el Bank of America y el Raymond James Bank.
Aunque actualmente reside en Miami, el trabajo de Larry le ha permitido vivir en St. Petersburg (FL), Londres (Inglaterra), Atlanta (GA), Chicago (IL) y Dallas y Houston (TX). Larry tiene una licenciatura en Administración de Empresas de la Universidad de Florida.
Liquid Capital Southwest is owned and operated by Ron and Elizabeth Edinger. Since 2007, their San Antonio company has provided creative and flexible financing solutions to assist businesses of all sizes with their working capital needs. Liquid Capital Southwest has won several awards from the Minority Business Development Agency and the Department of Commerce and is a top principal in the Liquid Capital system. With decades of experience in building, operating and developing businesses, they have the expertise and knowledge to help business owners achieve their goals.
Ron earned an MBA and a Master’s degree in Economics from Columbia University. He began his career at McKinsey & Company, developing financial strategies for Fortune 500 clients. Ron has held top management positions in biotechnology and high technology companies in Silicon Valley, where he raised over $600 million in public offerings and venture capital. As CFO of one of the first biotech companies, Ron led the team that oversaw what was, at the time, the largest initial public offering in the history of the stock market. He also started one of the first asset-based lending companies in Central America and has owned and operated several small businesses. Ron is a Vietnam veteran and served as a Captain commanding a combat unit. Elizabeth is a former educator, corporate trainer, and documentation writer, with a B.A. in English from the University of California at Berkeley.
Bill Brockhaus is the Principal Owner of Liquid Capital West Texas, which offers fast and reliable means of funding and consulting to businesses confronted with cash flow problems. Whether the business is in the process of restructuring, launching a new product line, expanding or simply need cash to manage seasonal demand, Tom has a solution and a plan for the business to grow.
With a Bachelor Degree in Business Administration – Finance/Accounting from the Central Michigan University and more than 20 years of broad based management experience, Bill fully understands how each part of an operation functions. Bill’s extensive expertise in finance, management, product development, manufacturing and materials allows him to thrive under crisis, turning chaos into order and harmony for his clients. Driven by a strong sense of urgency, Bill has a knack for solving immediate problems fast and getting returns right away, leaving the businesses he works with grounded for sustainable growth well into the future.
Bill lives in El Paso, Texas. His passions away from work include spending time and traveling with his family, reading a good book, and playing golf.
Francisco Annicchiarico is the President of Liquid Capital of Florida, located in Miami, where he works with small and medium-sized businesses to create alternative financing solutions.
Francisco obtained a Bachelor’s of Science from Boston College in Accounting. He has more than 30 years of experience in the financial industry, including having worked as an auditor at Arthur Andersen, International Management Auditor at British American Tobacco, the Financial Director at International Manufacturers, and the Client Financial Management Controller at Accenture. Since founding Liquid Capital of Florida in 2007, Francisco has used his wealth of experience to help support his local business community by providing tailored, innovative financing options to business owners in need.
Efficient and service oriented, Francisco put high value on client relationships, offering the sort of personalized services so often lacking in banks and large financial institutions. When a client of his found themselves losing sales due to lack of working capital, Francisco was able to create a customized financing solution that allowed his client to get the money they needed to fuel their growth. With his help, they were able to increase their monthly sales from $40,000 to $300,000.
An active member of his local business community, Francisco contributes to the local area Chamber of Commerce, and when not in the office, Francisco spends his time golfing, reading and enjoying the beautiful scenery on coastal Florida.
Francisco Annicchiarico es Presidente de Liquid Capital de la Florida, situada en Miami, en donde trabaja con empresas pequeñas y medianas para crear soluciones alternativas de financiamiento.
Francisco se graduó del Boston College in Accounting en donde obtuvo una licenciatura en ciencias. Además, cuenta con más de 30 años de experiencia en el sector de las finanzas, incluyendo experiencias laborables como Auditor en Arthur Andersen, Auditor de Sistemas de Gestión Internacional en British American Tobacco, Director Financiero en International Manufacturers e Interventor en Gestión Financiera de Clientes en Accenture. Desde la fundación de Liquid Capital de la Florida en el 2007, Francisco ha utilizado su inestimable experiencia para apoyar a su comunidad empresarial proporcionando opciones de financiamiento adaptadas e innovadoras a empresarios que las necesitan.
Eficiente y enfocado en el servicio, Francisco valora mucho las relaciones con el cliente; por ello ofrece el tipo de servicios personalizados de los que a menudo carecen los bancos y las grandes instituciones financieras. Cuando uno de sus clientes perdió ventas debido a la falta de capital circulante, Francisco pudo crear una solución de financiamiento a su medida, la cual le permitió a dicho cliente conseguir el dinero que necesitaba para propulsar la expansión de su empresa. Gracias a su ayuda, su cliente pudo aumentar sus ventas mensuales de $40.000 a $300.000.
Miembro activo de la comunidad empresarial local, Francisco aporta su contribución a la Cámara de comercio de su área y, cuando no está en la oficina, se dedica a jugar golf, leer y disfrutar el hermoso paisaje de las costas de la Florida.
Oficina Principal en Canadá
Liquid Capital Enterprises Corp.
5075 Yonge Street, Ste. 700
Toronto, ON M2N 6C6
Oficina Principal en los Estados Unidos
Liquid Capital Enterprises Corp.
921 West New Hope Drive,
Suite 702
Cedar Park, TX 78613-6786