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IOU Financial is a leading online lender specialized in helping small businesses with healthy cash flow. Typical customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and e-commerce companies.
IOU Financial provides a unique approach to lending through an advanced, automated application and approval system. This accurately assesses applicants’ financial realities, with an emphasis on day-to-day cash flow trends, and makes small business loans of up to $100,000 to qualified applicants in only 24-48 hours.
Christophe Choquart from IOU Financial describes how the company is helping Canadian business owners get convenient access to financing.
Christophe Choquart, IOU Financial:
IOU Financial is a leading North American alternative lender to small businesses. We are based in Montreal, we are a Canadian Company, and we want to grow our brand and meet businesses in Canada looking for funding. Our industry – small business lending online – is really about convenience and efficiency for borrowers who don’t have much time. Looking for a loan at a bank might take 3 to 6 months while with us it will take about 24 hours to 48 hours.
Stefan Capombassis is the VP of Sales at OnDeck Canada. OnDeck Canada is a national leader in reliable, accessible and efficient online lending for Canadian small businesses. We had the pleasure of chatting with him about the different financing products offered by OnDeck Canada, the best time to take on financing and things to consider before taking on a business loan.July 25, 2022
David Gens is the President & CEO at Merchant Growth, an alternative lending provider specializing in small businesses. In this interview, we talk about important things business owners need to keep in mind when looking for business financing, things to avoid and general trends we've noticed in the industry.May 31, 2022
Gary Schwartz doesn't doubt that the CLA, the Canadian Lenders Association, will have a huge impact on the lending industry. Founded as the voice for tech forward lenders, the CLA is the largest association and national non-profit organization representing innovative lenders.January 4, 2022