Blog and Industry News

It’s time to get ready for the holidays and finish the year strong! Plan a sale, start thinking about your marketing efforts, and order those decorations. Use our handy checklist and you’ll be prepared for whatever comes your way! 1) STAFF It’s no surprise your staff are a key part
If you needed working capital in the past, it was fairly inaccessible for small business owners who didn’t have the proper credentials, documents, and credit scores. Small business loans were even more scarce after the economic downturn in 2008. Banks became notorious for taking months to get underwriting approval for
While the banking industry plays “catch up”, the non-bank direct lending industry continues to forge ahead and lead the pack on small business loans. Banks have fallen behind, with their cavernous offices that echo from the lack of in-person customers to their lack of streamlined services. One has to wonder
Many business owners are turning to alternative lending options when they realize traditional banks have stringent and exhausting loan qualifications. Getting a small business loan should not require a stream of documents that have little to do with one’s ability to repay. A great credit score is always helpful; however
Understanding the Small Business Loan Process Small Business Loan Process – Simplified It really isn’t rocket science, although it sure feels like it when going through the traditional small business loan process. Banks tend to mystify their processes so customers can never figure out how much they are really paying
How to Build Credit for Your Business If you haven’t been in business for very long or have not yet established credit, it should top your to-do list.  Establishing business credit should be a priority for any small business owner for two reasons: 1.It separates your personal credit history from
If you are a Canadian or have ever been around people from Canada, you probably already know. The Canadian culture breeds no nonsense people who are bright and don’t want to go through additional and unnecessary hoops to meet their financial goals. Small business owners don’t have time to search
Looking for a small business loan can be intimidating if you aren’t familiar with the process. What information do they need? What numbers count in my favor? What are my chances? Gaining access to working capital means understanding what traditional lenders look for before approving a small business loan. It’s
Suppliers often put restrictions on how much merchandise they send and demand immediate payments. They add stress and strain to your already busy schedule while you try to live your dream of running your own business. Don’t you just hate that? We have good news! There is a way to
Like any small business, you may come across a situation where you are in need of a sudden lump sum of cash. Though you may be running your business by the book, there are always surprise situations that can suddenly arise. If you don’t have a rainy-day fund or enough