Merchant cash advances are a relatively new form of funding that emerged after the 2008 recession in response to a greater need for accessible small business funding. Available from alternative lenders, including direct online lenders like Greenbox Capital®, merchant cash advances have less restrictive approval requirements and have made more working capital available to more businesses, including underserved communities like minority- and women-owned businesses.
Canada’s lending ecosystem is often viewed through a fragmented lens, where FinTech companies, financial institutions, and “alternative lenders” each play a unique and distinct role. Gary Schwartz, the president of the Canadian Lenders Association (CLA), however, doesn’t quite see it that way.
Fairstone is an experienced leader in the Canadian financial market and has been providing their services for close to 100 years. They are Canada’s number one, non-bank solution for loans and other financial needs and also strive to have a strong community presence.
Each year, across the country, over 2 million Canadians purchase a new car and many of these people require a loan in order to do so. Car Loans Canada is a specialist in the automotive loan industry and has been providing its customers with both financial support as well as much needed information on the process of buying a car.
Each year across Canada over half a million homes are purchased and many of these purchasers will require a mortgage in order to finance these homes. That’s where Breezeful comes in. Breezeful is an online mortgage broker that works throughout Canada and the United States and helps to match up clients with potential lenders.
Lending Mate is a lending institution that operates in both the provinces of Ontario and British Columbia. Lending Mate is different from many of the lenders that we see in the Canadian Marketplace as they don’t rely on online credit checks or computerized application approvals. Their process works on the applicant providing a guarantor that will vouch for them and the applications are reviewed by a real person who then approves or denies the loan, based on the information that has been gathered.
Requiring a loan is a commonplace occurrence among most Canadians at some point in our lives. Money Mart, which was founded in Canada in 1982 offers a wide variety of different services to help their customers meet their short-term financial obligations. They are a reputable company with over 700 locations that can be found all across North America and are registered with the Better Business Bureau.
If you require a safe and reputable way to obtain extra money, Cash Money can provide you with the services that you seek. With multiple locations all across the country, Cash Money has been in business for nearly thirty years and has served over a million Canadians. They offer convenient and flexible options that can meet many of your financial needs and specialize in helping their customers in times of financial emergencies and shortages.
Merchant Growth is a rapidly growing Canadian financing company that caters specifically to small businesses across the country. They provide loans and financing to a wide variety of different industries, from manufacturing to e-commerce and everything in between. With multiple different financing plans to suit each individual business need, Merchant Growth can help your business with renovations, staffing, inventory, technology and anything else that you need to help your business thrive.
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