Articles About Expert Reviews

BHM Financial Approves Just About Every Canadian In Need, No Matter Their Credit Score

If you’re in need of a loan, BHM Financial will find a way to help you out. BHM primarily provides loans based on the customer’s assets. That means that those with poor or bad credit can still receive a loan of up to $25,000, using their vehicle, home or mobile home as collateral.

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.

Bigger is Better: How Peel Financial Uses Its Dominating Size to Fight For Its Customers

Being the country’s oldest and largest equipment finance broker has its advantages. Founded over 15-years ago, Brampton, Ontario-based Peel Financial has the largest group of credit analysts in the country, offering a wide range of equipment financing options primarily to the trucking and transportation industry.

SkyCap Financial Wants to Help Clients Get Back to Borrowing from the Bank

While some short-term lenders seek to keep their customers on a cycle of payday loans with high interest rates, the Kingston-Ontario based alternative lender strives to get its customers back to borrowing at lower rates from the banks. “The goal for us is to help that client to not have to borrow with us,” said SkyCap Financial president Jeremy Wilson. “We want the client to get back to being able to borrow with a bank.”

AutoArriba Brings Speed, Automation and Peace of Mind to Private Auto Sales

In recent years Canadians have been provided with a host of digital solutions for auto financing, but the speed and efficiency they offered was never made available to private sellers, until now. Newly launched AutoArriba now looks to bring the same services Canadians have come to expect from dealerships and online auto lenders to peer-to-peer, private auto transactions.

Installment Loans on the Rise as Payday Loan Rules Tighten

In early May, Toronto was the latest of a host of municipalities to crack down on payday lenders. They imposed bylaws to restrict business activities by limiting the number of physical locations and requiring operators to be licensed. Meanwhile, the Ontario government had already decreased the cost of a payday loan from $21 to $15 this year.

How Rifco’s New Online Brand, Splash Auto, Is Turning the Auto Financing Process Upside-down

Rather than waiting until the end of the transaction to know where their credit stands, Canadians can now secure financing online before walking into a dealership. That is because Rifco—the same company that has been offering Canadians non-prime auto financing since 2002—now has a new online brand, Splash Auto, that can answer all of their auto financing questions before leaving home.

Fast Access Financial: 10 Years of Treating Customers Like People, Not Numbers

Though they operate primarily through the Internet, Fast Access Financial is in many ways Canada’s anti-computer algorithm lender.
The online lender opened its digital doors to the public in April 2008 from its headquarters in Pickering, Ontario with the goal of providing an alternative to Beacon Credit Score-based traditional lenders. Over the past decade they’ve loaned millions in personal, car title and closing cost loans as well as mortgages to thousands of Canadians based in the provinces of Ontario, Saskatchewan and Alberta.

How Merchant Advance Capital is Doubling Down On Its Commitment to Canadian Businesses

As businesses grow from startups to success stories they often look to new markets where they can expand their operations. After eight years building a reputation as a reliable and friendly business lender in Canada, however, Merchant Advance Capital is instead growing the suite of products and services it offers its existing client base in the Great White North.

How Fetch Auto Brings Dealership-Level Services to Private Online Auto Sales

Private car sales often had to take place through unverified ads on online public forums; there was no financial assistance of any kind, nor any inspection of the vehicle by a licensed professional, and certainly no way to guarantee the safety and security of either buyer or seller.