Factor Rate vs. Interest Rate: Understanding Small Business Loan Rates and Fees
There are two common types of rate structures used in small business lending: interest rates and factor rates. If you’re seeking funding for your business, it’s integral that you understand the cost of your loan or advance before you sign a contract—after all, you have to know what you’re agreeing to in order to make the right choice for yourself and your business.
Canada Small Business Financing Loans vs. Merchant Cash Advances
In this post, we’ll compare Canada Small Business Financing Loans (CSBFLs) to merchant cash advances (MCAs) to help you understand the differences between these two popular but very different funding options.
The Best Medical Practice Funding Options for Doctors, Dentists, and Medical Professionals
Doctors and medical practices are typically considered to be ideal candidates for funding because of their high earning potential, high net worth, and stable income.
There are a number of loan and funding options available to medical practices in Canada, including long- and short-term funding, as well as secure and unsecured business loans for doctors. Here are 6 of the most popular.
How Canada’s Newest SMB Lender Uses Tech to Streamline Funding
One of Canada’s newest small business lenders is using the latest technologies to offer clients a more seamless financing experience, designed to meet the challenges of an uncertain economy.
Smarter Loans in Canada
Choosing the smartest loans for you means understanding your options, the debt landscape in Canada, and how the different factors at play can influence your choices. So let’s do that!
Capital Hands, a one-stop shop for businesses and consumers in need of financing
“Coming to us is a one-stop shop. We have access to over 40 lenders and that’s across all levels: from the top banks to private lenders. So, with us it’s one application, one set of documents, working with one person.”
Foxquilt disrupting an anachronistic legacy insurance industry
Founded in 2016 by Karim Jamal and Mark Morissette, both hailing from industry titans like Aviva and Real Matters (which debuted in one of the TSX’s largest tech IPOs), Foxquilt to date has been focused on delivering personalized, efficient solutions for businesses in their search to obtain the right (and economical) insurance coverage from leading carriers and access group purchasing power.
Looking ahead into the Travel Industry 2021
I was in the audience of a virtual Israeli Tourist Board presentation. To their credit hospitality industry in general and government tourism authorities from around the world, in particular, are doing their best so that we won’t forget how amazing travel is!
How Canacap Approves 90% of Canadian Merchants for Financing
“Our mission is to offer alternative financing in the merchant cash advance space,” explains co-founder Adam Benaroch. “Our underwriting guidelines are not based on credit
15 years strong and $1 billion lent: Thinking Capital has become the go-to lender for small Canadian business, and is not slowing down
The Montreal-based company, which has revolutionized how Canadian small businesses access credit, recently reached a major milestone: $1 billion in funding provided to more than 16,000 of the country’s small and mid-sized businesses (SMBs).