Compared to Canada’s traditional and often conservative lenders with high credit standards like the major banks, 2M7 has a more open philosophy and liberal funding approach, proudly approving 97% of all applications submitted through its website.
MyMarble aims to help people take control of their budgeting, spending, and credit score to achieve financial prosperity. It aims to help them gain financial literacy skills and feel empowered to manage their personal finances.
As the world eagerly anticipates an end to the Covid crisis, Merchant Growth is preparing to offer new and more dynamic loan products to small business customers across its Canadian marketplace.
Moving your business online or expanding its online offering is mutually beneficial to you and your customers. Not only does it help you scale your reach with potential clients, but it also signals growth to your existing customer base.
One of the first subscription services to be offered in Canada comes from Volvo, and is called Care by Volvo. Launched in 2018, the program has been received positively by potential Volvo owners.
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…
Lots of companies are trying to figure out how they can tailor e-mail messages or customize the kind of advertising they serve to specific segments of their target market. While that makes sense in general, it should be part of a phased approach
NorthOne is competing at a time when the data shows considerable opportunity for new entrants to the financial services industry. According to Digital Banking Report’s Challenger Bank Analysis, which was released last month, more than 80% of consumers likely to switch financial providers within three years.
The line between traditional and so-called “alternative” lending got blurrier today as the Canadian Lenders Association announces the addition of Lyla Kanji—the Head of Loan Syndication and Specialty Finance, Canadian Commercial Banking at BMO Financial Group—to its board.