Well-known lenders, like banks, become household names because they have a history of reputable lending practices. The lucky customers who can qualify for credit with these companies do not have to worry that they will fall victim to a loan scam. The remainder of individuals who need a business or personal loan must exercise caution in order to avoid becoming prey to dishonest and predatory lenders.
Since the company was founded in Canada in August of 2015 they’ve provided nearly $39 million in funding to almost 4,000 Canadian small businesses.
After 14 years supporting restaurants and food service providers in Canada, and with a wide range of products to choose from, Econolease’s sales staff is able to determine what lease, loan or rental product best fits each customer’s unique situation.
Searching for financing and banking products, such as loans, is a breeze for anyone with online access. Borrowers whiz through the process of finding a lender, applying for a loan, approval, and cash-in-hand -sometimes in a 24-hour period. Online lenders are alternative providers of secured and unsecured loans. And they have become stiff competition for…
One thing that is true about businesses is that they run in an endless cycle of ups and downs. A business line of credit is the answer to resolving the dilemma of not having money to meet goals or secure resources when they are needed. With a line of credit, business owners can draw on funds immediately to put out any fire that comes up such as purchase or repair of equipment, payroll or other business expenses. What is a business line of credit and how does it work?
Anyone who aspires to open a restaurant or bar is in good company for sure. Worldwide, there are approximately 15 million thriving restaurants that rake in hundreds of billions of dollars annually. By some investment company accounts, bars and taverns in the U.S. alone grabbed $24 billion in 2015. This article points entrepreneurs in the right direction toward their own success.
Business equity loans have been a proven solution for funding new and established businesses. While there are millions of business ideas, each has one thing in common. A business owner needs funding to even think of getting it off the ground.
Government business loans help boost local economies in Canada. One of many programs available is the Canada Small Business Financing Program (CSBFP).
Few banks offer unsecured business loans, especially to start-up companies or those with bad credit. However, there are ways to get unsecured loans from other sources as well, eliminating the need to put personal or business property at risk.