Business Loans In Canada: Financing Solutions Via Alternative 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 solutions 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 solutions, 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 solutions

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

If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).

Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.

Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.

We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.

Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.

If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.

Protect Your Store From Robberies With a Fully-Equipped Business Surveillance System

A business surveillance system keeps the store owner fully aware of what is happening inside or even just outside the door of his own store. This is the most convenient way to keep an eye on the store premises and even the customers or employees coming in and going out of the store.Robberies happen all the time. Fortunately, store owners can also maintain a watchful eye on their store even from a short distance. If his store happens to be situated just near his home, then he can set up a wireless security camera system that lets him stay within the premises of his home while keeping an eye on his store.These security camera systems come with the following elements:
• one or two security cameras, depending on how many is needed, that the store owner can place in key areas of the store such as near the cash register, along the farthest isle from the counter, at the front or back door, or just outside the store to see who is coming in before they even come in.
• a monitor or TV where the store owner can watch
• surveillance software which can also be used for PC monitoringMany stores have a business surveillance security system for fear of burglars getting into the store or robbers holding the employees up and not leaving any trace of evidence for them to get caught. With a sophisticated wireless surveillance system, store owners can now cooperate with the police in tracking who the real criminals are.

My Anti Aging Skin Care Review – 3 Things You Must Know

In my anti aging skin care review of dozens of products, I’ve discovered three crucial things that separate an effective anti aging skin care system from those that don’t measure up.It’s taken me over a decade to acquire this knowledge. Like you, I’d been noticing the unmistakable signs of my advancing age: an ever-increasing number of wrinkles, skin sagging around my neck (and other places), cellulite on my legs (yuck), bags under my eyes that seem to keep getting heavier. I could go on, but I don’t think I need to–we all deal with these things.I drank lots of water, followed a healthy diet, and tried to exercise regularly, but while those steps helped, they didn’t seem to be enough. I didn’t want to go the cosmetic surgery route. I knew there had to be good anti aging skin care products available that would really help to rejuvenate my skin.I finally found them. And in the process, here’s what I learned from my anti aging skin care review.1) A good anti aging skin care system does not use fragrances.Most fragrances are actually chemicals. If you have sensitive skin, like I do, a lot of these fragrances can irritate your skin.I also learned that many common fragrances can even impact your central nervous system, influencing your moods–and not in a good way. Who would have thought that merely putting on a cream that smells good can actually make you irritable because of the questionable ingredients it contains?In my anti aging skin care review research, I found a few skin care products that are 100% fragrance-free. I’ve been using them ever since.2) An anti aging skin care system should be clinically proven to work.Popular skin care brands usually try to convince us of the efficacy of their products by having glamorous Hollywood actresses claim Product X is responsible for their ageless beauty. But how about less hype, and more scientifically verifiable evidence?My research led me to an anti aging product that has been clinically proven to increase skin elasticity by 42% over an 18 day period. Greater skin elasticity equals fewer wrinkles, and smoother, more youthful looking skin.Look for skin care products backed up by facts–not Hollywood hype.3) An anti aging skin care system should use a high concentration of active ingredients.While conducting my anti aging skin care review, I found that many of the well-known cosmetic brands that I’d been using for years contained only scant amounts of active ingredients.These active ingredients are important–the more included in a skin care product, the greater its potency. But a lot of skin care treatments use mostly synthetic waxes and fillers, substances that have no impact whatsoever in rejuvenating your skin.I recommend using only products that have an active ingredients composition of at least 50%. Admittedly, that’s a high percentage, but such anti aging skin care systems do exist.Your next step? Start using the lessons I learned during my anti aging skin care review, and visit my web site to find out more about the natural skin care methods I personally use, and highly recommend.