Articles About Business Financing

Canadian SMB priorities are changing alongside evolving alternative lending ecosystem

As the competitive landscape evolved, however, some of the original players went out of business, new ones arrived from the United States and elsewhere, and rates have lowered and grown more consistent between competitors. As a result, the Victoria B.C.-based small business lender Company Capital found that Canadian small businesses now have different priorities.

Choosing the Right Loan for Your Business

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.

Econolease has solutions to fit every food service business in Canada

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.

Inside the World of Merchant Cash Advances

After being denied six business loans, Rhonda realized that because her business was new, most banks would not offer her enough financing to start her new venture. However, she had heard about an alternative to traditional lending known as a merchant cash advance, or MCA. Encouraged, she took off in the direction of getting funding via an MCA. And she is not alone; millions of start-ups and established businesses take advantage of the benefits of this type of financing. But before they do, they must understand the ins and outs of merchant cash advances.

Searching for a Loan Online

Searching for financing and banking products, such as loans, is a breeze for anyone with online access. Borrowers whiz through the process of finding a lender, applying for a loan, approval, and cash-in-hand -sometimes in a 24-hour period. Online lenders are alternative providers of secured and unsecured loans. And they have become stiff competition for…

How iCapital Helps Canadian Small Businesses Leverage An Often Forgotten Asset: Future Debit and Credit Card Sales

For nearly a decade, Toronto-based iCapital has been providing capital to Canadian small business owners of all shapes and sizes from coast to coast. Unlike traditional loan products, however, their merchant cash advance has absolutely no deadlines, no late fees, and is only paid out when small business owners are making money themselves.

Fundamentals Of A Business Line Of Credit

One thing that is true about businesses is that they run in an endless cycle of ups and downs. A business line of credit is the answer to resolving the dilemma of not having money to meet goals or secure resources when they are needed.  With a line of credit, business owners can draw on funds immediately to put out any fire that comes up such as purchase or repair of equipment, payroll or other business expenses. What is a business line of credit and how does it work?

How to Get a Business Loan for a Restaurant or Bar

Anyone who aspires to open a restaurant or bar is in good company for sure. Worldwide, there are approximately 15 million thriving restaurants that rake in hundreds of billions of dollars annually. By some investment company accounts, bars and taverns in the U.S. alone grabbed $24 billion in 2015. This article points entrepreneurs in the right direction toward their own success.

Why Lenders Dont Approve Applications for Small Business Loans in Edmonton

Additional cash is needed to take the small business to the next level. The only problem is that the loan application was rejected. It wasn’t because the applicant failed to fill out the paperwork properly. Other issues led the lender to decide the risk associated with approving the application was too great. By knowing why…

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