Moves Financial, which was founded by a group of blockchain developers and emerging technology researchers, was getting ready to offer gig economy workers easy access to financial products later this year. They knew that such services were especially valuable to those with inconsistent incomes, as they are often denied access to traditional financial products.
We’ve put together a helpful library of resources to help Canadian individuals and businesses through COVID-19. This post includes information about government updates, grants available and communicates numerous programs and tips to help you find the right relief package and receive benefits during this time.
Learn how business credit is determined, what you’ll use it for and how you can make sure your score puts you on the right footing with prospective business loan lenders.
In this article, we’ll break down the best iPad POS systems for small businesses. We’ll analyze what each option does right, what each does wrong, and make recommendations regarding what types of businesses might find each most useful.
Canada Emergency Business Account (CEBA) provides business owners with interest-free loans of up to $40,000 and a chance to have $10,000 of it forgiven. The program was introduced by the Canadian government as a relief measure for COVID-19. This article will help business owners understand how the program works, who is eligible, and how to apply for a CEBA loan.
At this point in time there is no clear indication of when we can expect business to return to some level of normalcy, and in the interim countless small business owners are at risk of going bankrupt. In addition to the measures taken by the federal government last week, there have been further developments Canadian entrepreneurs should know about.
CLA’s Open Letter to Canadian Government: Why Small Businesses Need FinTech Lenders to Survive COVID-19
On March 17th, Prime Minister Justin Trudeau announced the Business Credit Availability Program, which dedicates $10 billion to support small businesses through the COVID-19 pandemic. The funds would be disbursed to eligible businesses via the Business Development Bank of Canada (BDC) and Export Development Canada (EDC). Businesses that qualify would receive working capital loans of…
At Smarter Loans we are committed to doing whatever we can during these difficult times, to help Canadians get access to financial support when they need it most. We are working closely with all lenders on the platform, the Canadian Lenders Association and other organizations, and will your updated as new information becomes available.