Equipment Lease vs Finance: Which is Better for Business?
Need equipment for your business? In the world of business ownership, ‘equipment’ can be defined as property other than land or properties that can be used in business operations. These can include machines, devices, tools, and even vehicles. Buying new equipment or upgrading the equipment you have can help improve the kind of products or…
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How to Qualify for a Small Business Loan Canada
According to recent statistics, 98.2% of businesses in Canada employ less than 100 workers. This qualifies them as small businesses which are said to fuel the Canadian economy. They exist in a variety of industries, and usually have a positive reputation among buyers because they’re close to the grassroots and thus appear more trustworthy. …
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7 Benefits of Personal Loans
A personal loan is a type of loan that lets you borrow money for reasons other than business, or property purchases. These loans are unsecured loans, which means the value will not be secured against a collateral. Instead, your lender will rely solely on their knowledge of your ability to pay off your loan. That’s…
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A Home Equity Loan Vs A Traditional Mortgage
Trying to figure out where you stand in terms of financial stability, capability, and security? It can be tough especially when you don’t fully understand the different financial services available to you. For instance, a home equity loan in Canada is still often confused for a traditional mortgage despite being completely different. If you’re…
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Home Equity Loan For Home Renovation
Leaky ceilings, a flooding basement, and faulty insulation – the stuff of a homeowner’s nightmares. But while these problems are fully repairable, very few Canadians have the funds to pay for them. A 2015 report issued by BMO stated that nearly one third of the working population in Canada have less than $10,000 in savings….
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