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.
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.
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.
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…
While the situation is changing quickly there are a number of new measures that small business owners need to be aware of, ranging from extended deadlines for tax filings to wage subsidies to working capital loans. We will continue to update this information as the situation continues to unfold, but for the meantime here’s what small business owners in Canada need to know in the wake of the COVID-19 outbreak.
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.