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.
Why Is It Difficult For a Business to Get a Business Loan?
Low revenue is one of the reasons why businesses have a hard time getting a loan, but in this post, we share what lenders look at and things you can work on to ensure you get approved.
Will a Reverse Mortgage Affect My Old Age Security?
Find out if a reverse mortgage will have an effect on old age security in this YouTube shorts video.
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.
The Bank of Canada Interest Rate and How It Impacts Canadians Now and Looking Into the Next Few Years
Interest rates with the Bank of Canada tell a tale of how the economy in Canada is doing. As interest rates rise, consumerism falls so there’s a major impact on Canadians in general. To get the full scope, it’s important to understand the influence of the Bank of Canada. It’s a crown corporation and the main bank of Canada and is responsible for putting together Canada’s monetary policy.
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!
Where can I get a fast business loan?
Compare business loan options and offers online from this website we recommend if you’re seeking to obtain business financing.