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How to Optimize Your Listing on Smarter Loans: A Guide for Lenders

If you’re a lender, you know how tough it can be to stand out in a crowded market. That’s why it’s crucial to optimize your listing on Smarter Loans, the leading loan comparison platform. By strategically creating a robust profile and incorporating video and media, you can differentiate yourself from the competition and attract more customers. Our article offers valuable tips and strategies to help you optimize your listing and reduce costs, so you can stay ahead in the game.

Are we in a buyer’s market? April 2023 Edition

While interest rates have gone up, there are some things that contribute to it being a good time to buy. Many Canadians know that home ownership is a great long-term investment. However, they also acknowledge the higher interest rates may have a negative effect on their ability to buy or sell a home. At this point, 67% of Canadians wouldn’t consider purchasing a home in the early part of 2023.

Top 12 SUVs in Canada for 2023

As one of the most popular vehicle types out there, there are numerous options for all lifestyles. We’ve created this list so you have an idea about what SUV’s stand out in their class.

When can I file my taxes in 2023

The tax season runs from March through to the end of April. If you owe, you need to pay by the end of April so it’s always good to prepare before March and then hand it in as soon as possible. The deadline can vary depending on a few things. It’s important to understand when exactly you need to file your taxes as you don’t want any late fees like interest.

The 30 Cheapest Places to Live in Canada for 2023

If you’re currently living in one of the areas in Canada that are inflated, you may want to consider looking for a new place. There are plenty of affordable towns and cities in Canada to get in on owning a home. There are some mortgages you may not currently be able to access because you don’t qualify. If you have the freedom to move, you may want to consider it. There are a lot of Canadians that are working remotely now. If you don’t need to live in one of the expensive cities like Vancouver or Toronto, it’s a great opportunity to explore this incredible country.

What is Merchant Cash Stacking & Why Should You Avoid It?

It may be tempting, but merchant cash advance stacking can put your small business at risk. In this post, we’ll explore what MCA stacking is, why MCA stacking is dangerous, albeit tempting, and alternative funding options to stacking merchant cash advances.

Let’s get started.

How Small Businesses Can Combat Staffing Shortages with Merchant Cash Advance Funding

Merchant cash advances offer small businesses a quick and simple way to leverage working capital. Because MCAs are repaid from a portion of your daily or weekly sales, hiring employees to help grow your business can allow you to repay your funding faster than other small business loans like Canada Small Business Financing Program loans.

Canadian Housing Market News 2023

If you’re looking to get a mortgage, you may be able to purchase for less than you could a year ago but you’ll be dealing with much higher interest rates. It’s harder to meet the requirements for a good mortgage rate at the moment as the CMHC changed protocols based on the change in interest rates. However, for those who have excellent credit, the interest rate can be reduced, which is a silver lining. There are a few facts you’ll want to know as a Canadian looking to get in or out of the real estate market in 2023.

Do I Need a Home Appraisal for a HELOC?

A home appraisal estimates how much your home is worth. Find out if a home appraisal is needed in order to get a home equity loan or home equity line of credit in this blog post.

How Law Firms Can Use Merchant Cash Advances to Fuel Growth

There are no restrictions on how merchant cash advance funding can be used, so law firms can use MCAs however they see fit. In this post, we’ll explore 7 ways law firms can use merchant cash advance funding to fuel their growth.

Do Banks And Lenders Check What You Spend Your Loan On?

It’s important to know the conditions of a loan before finalizing your application, and this includes whether what you spend your loan on will be visible by the lender in the bank or not. Find out in this blog post!

Prime Rates Canada and Their History

It’s expected that the Bank of Canada’s target overnight rate will reach at least 2.00% by the end of 2022. As a result, Canadian bank prime rates will likely be at least 4.20% by the end of the year. Looking back at the decades before now, there have certainly been some higher interest rates based on economic problems. History shows us that things are ever changing and what we’re experiencing now with Prime rates isn’t permanent. Learn more!

What is the monthly payment on a $30,000 loan?

Use our online calculator that lets you alter the interest rate, term length, etc. to determine various $30,000 loan repayments.

What is the maximum amount for a business loan?

Most small business owners that use Smarter Loans for help in connecting with lenders are able to secure financing for hundreds of thousands of dollars. We share more details in this post to determine the various loans we help people achieve.

What is the fastest loan to get approved for?

There are some loans available that don’t require any credit checks and will send you your loan funds in 24 hours. Find out which loan is the easiest, fastest and best for you.

What is the cost of a $10,000 loan?

You can expect to pay around $83.33 per month if you have a $10,000 loan with a 10% annual interest rate, but this is an interest calculation. We share how to determine your monthly payment on the type and amount of loan you’re seeking with our business loan calculator here!

What is the average business loan amount?

Business loan amounts depend on the type of business you’re in, but there are averages that we see business owners seek and we share them in this blog post, plus give you connections to top lenders in Canada to easily apply for a loan online yourself.

Business Loans

Comparing Short-term Business Loans vs. Long-term Loans

Today, we’ll talk about short-term loans vs long-term loans to help you choose the best option for your small business. Let’s get started.

What is the minimum salary to get a loan?

Your salary is a factor looked at to determine the loan amount you may get approved for but that’s not all; there’s other elements considered you should know mentioned in this post.

How much can I borrow with a 750 credit score?

Determine what kind of loan you can get approved for with a 750 credit score and use our loan calculator to find out a possible monthly repayment amount.

What do banks look for when approving a business loan?

Business loans work a lot like personal loans. You’re borrowing money from a lender that you eventually have to repay with interest and fees, as applicable. Read onward to learn what banks look for when approving businesses for a business loan.

What credit score do I need for a $3,000 loan?

Smarter Loans can connect you with over 20 lenders that share their eligibility requirements before you apply for a $3,000 loan. Learn what’s a good credit score and if your credit score will determine your loan approval.

Can you add your child to your credit card in Canada?

Find out if there’s an age requirement for children to use a parent’s credit card.

Can you spend a personal loan on anything?

Yes, you can spend a personal loan on anything, especially an unsecured personal loan, that you have taken out. Here are some common uses for personal loans.

What is the best way to borrow money against your home?

Here are the most popular ways to borrow money against your home equity in Canada.