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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.

Are business loans cheap?

There are a multitude of variables that will alter your business loan cost and fees. Find out how to get a business loan and what will change how much it costs, etc.

Are Proceeds From a Reverse Mortgage Taxable?

Watch this 1 minute video to learn whether the proceeds from a reverse mortgage are taxable or not.

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.

How long does it take to get a small business loan?

You can obtain a business loan in Canada in as little as 24-48 hours if you have all your documents prepared and meet all the eligibility requirements.

Increasing Your Website Sales

COVID-19 pretty much shut your buinesss down and significantly impacted your sales. You decided to take your business online, and after a lot of work, time and money, you have your site up and running. But, there’s one major problem, your online sales aren’t what you expected. Sounds like you have a conversion problem. There is a multitude of ways you can attempt to boost your conversion rate, but here’s a simple shortlist you can start with.

Building a Successful Business with OnDeck

Every small business owner knows first-hand the importance of access to capital. As the adage goes, it takes money to make money. Offering efficient and tailored access to capital is the mission of OnDeck Canada, one of the country’s leading online business lenders that relies on data analytics and digital technology to make real-time lending decisions.