November, 2020 | Debtscotland.net

Business Loans In Canada: Financing Options Through Option Finance & Traditional Funding

Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow options for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.

Since the 2008 financial crisis, there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance options, as well of course as the traditional financing offered by Canadian chartered banks.

Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.

Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium-sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )

How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:

Debt / Loans
Asset-Based Financing
Alternative Hybrid type options

Many top experts maintain that the option financing solutions currently available to your firm are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The option lender is typically a private commercial finance company with a niche in one of …

Finance Consultant

Business Capital Solutions In Canada: Accessing Right Cash Flow & Commercial Financing

November 20, 2020December 28, 2020 - by Chloe Richardson

Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are a smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing, and negotiating your cash flow/working capital and commercial financing needs.

Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general
Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing
Understand those actual hard facts about cash flow which is, of course, the lifeblood of your company

Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!

A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and …

Financial Statement

Is Now A Good Time To Invest Money And Buy Shares Amid The Coronavirus Pandemic?

November 12, 2020November 12, 2020 - by Chloe Richardson

Global stock markets never looked as choppy as this. Markets suffered substantial falls earlier this year when Covid-19 become widespread and countries lockdown. The FTSE 100 began to level out as investors started to feel more confident, and in early June, it even hit a three month high. But it was announced in August that the UK was officially in recession, and fell again down the Footsie.

The FTSE 100 has fallen 20 percent since the beginning of the year, as it did on August 14. The yellow metal’s price plunged in March, but it has recovered sharply. Overall, as of August 14, it’s up 28 percent since the beginning of the year.

With lower share prices, though, now might be a good time to pick up some bargains. Gemma Godfrey, Times Money Mentor’s executive editor, discusses the possibility of closing down pubs, restaurants, theaters, and cinemas. Some buyers have already capitalized on cheap shares. AJ Bell says its investment platform was running at twice its usual summer rates. Synairgen, Lloyds, Boohoo, Vodafone, and International Integrated Airlines were her top five traded stocks in July.

Should You Invest?

It was a resounding yes from 70 percent of investors who claimed the fall in the FTSE 100 represented a good investment opportunity because, according to research carried out by exchange-traded fund provider GraniteShares in March, many of the stocks were massively undervalued.

A surge of private investors joined the stock market in April aiming to pick up bargains – according to data provider Calastone, £2.6bn has been invested in UK equity funds alone, the highest monthly amount on record and six times more than an average month.

Know, a “loss” is a loss only if you sell the assets. So how quickly will you need the money-are you saving for the …

Financial Statement

Is Investing in Local and Small Businesses Safe And Profitable in 2020 Due To Coronavirus Pandemic?

November 10, 2020November 10, 2020 - by Chloe Richardson

In March a lot of small businesses across the country were forced to close down amid the fear and spread of the coronavirus pandemic. While this isn’t great, it is not all gloom and doom since some of these businesses have resumed normal activities in recent times as the surge of the pandemic continues to go down. What then does this mean for new investors? Is investing in local businesses doomed from the start due to the effects of COVID-19?

The Rebuilding Society user experiences say otherwise, and a lot of feedbacks have shown that recession or hard times could be a good time to start a business for a number of reasons. Going by the fact that customer needs are the driving force for setting up new businesses, then, we could all agree businesses could still thrive in a time like this.

In essence, while it seems the business environment is hostile and heading towards recession right now, for creative and innovative entrepreneurs, now might be the right time to start their own businesses. While there are no certainties when it comes to business, not to talk of during a worldwide pandemic, here are a few reasons why investing in a small business right now might not be such a bad decision to make.

Loans are Available

It may seem unintuitive, but economic uncertainty creates an environment conducive to lend money. Interest rates are lower, which means loans are more affordable, and smart investors may use this opportunity to access the kinds of business loans they’ve always been after and use it to invest in a viable business opportunity that can address the various customers’ needs in a time like this.

There is Room for Providing for Necessities

The coronavirus has caused a very specific set of problems …