New findings from a survey led by iCapital shed light on the greatest challenges for Canadian small businesses. Read to find out the top three reported obstacles in 2019—and the best ways to overcome them.
Well-known lenders, like banks, become household names because they have a history of reputable lending practices. The lucky customers who can qualify for credit with these companies do not have to worry that they will fall victim to a loan scam. The remainder of individuals who need a business or personal loan must exercise caution in order to avoid becoming prey to dishonest and predatory lenders.
ConsumerCapital may be relatively new in the Canadian alternative lending ecosystem, but the company is already focused on establishing long-lasting relationships with its customers.
There are more small business loan options available today than ever before, but finding the right loan for your business may require a little digging. Fortunately, there are plenty of great options available – you just have to know where to look.
Money Line Capital: The First Stop for Canadian Business Owners in the Transportation and Construction Industries
For the last eight years Money Line Capital has been a top destination for Canadians that require financing or leasing products in order to launch a transportation or construction business. Over that period the company has helped countless businesses acquire the tools they need to get started, and typically continues providing funding assistance for a majority of their equipment expenses as they grow.
AutoArriba.com has helped bring the same speed, convenience and peace of mind Canadians expect from auto financing at a traditional retailer to the private sale auto market, and now the company is taking that assurance one step further.
After 14 years supporting restaurants and food service providers in Canada, and with a wide range of products to choose from, Econolease’s sales staff is able to determine what lease, loan or rental product best fits each customer’s unique situation.
Interest in alternative lending products is growing steadily in Canada, and as more consumers explore available options they are generally finding the information, products and level of service they are looking for, according to the State of Alternative Lending in Canada 2018 study published by Smarter Loans.
Alternative financing is steadily gaining popularity in Canada, but those offering auto or truck and trailer financing solutions still need to catch up with other online providers, according to the State of Alternative Lending in Canada 2018 study published by Smarter Loans.
Canadians are warming up to alternative lending options in recent years, with more turning to online vendors for services ranging from mortgages and car loans to business and equipment loans, according to the State of Alternative Lending in Canada 2018 study published by Smarter Loans.