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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.

Tips For Finding Stylish Ladies Clothing Online

When was the last time you battled your way through department store crowds just to find a nice outfit? The noise, the unhelpful staff, searching through racks and racks of clothing to find the right color and size …it can be a bit overwhelming. And then you have the change rooms, tiny cubicles with doors that rarely stay shut, where you struggle to turn around without knocking your outfits from the dinky hooks on the wall. Store change rooms are often badly lit, as well, so what looks decent in the store might look hideous in the light of day.It’s a pain to go shopping in a store, which is why more and more women are opting for the online method, instead.Online shopping makes it very easy to choose what you like. You can search by color, so only your favorites come up, select the style and choose your size from a drop down menu. It’s a far sight easier than searching fruitlessly through racks and racks of dresses only to discover they don’t have your size.If looking for ladies clothing online seems a bit intimidating, don’t worry. It’s not difficult if you know how and there are some techniques that can actually help you find the right clothing faster.- Know your style. Do you look better with fitted jeans or flared? Halter top dresses or A-line? Having a clear idea of what you look best in will help you find the right outfit. To help you out, some websites even offer a virtual model that you can customize to your body shape and size and even put your own face on. This can be helpful to see which styles look best on your body type.- Search specifically for your size range. If you’re petite, look for dresses that are smaller and for plus sizes, be sure to add this to your search. It will eliminate the frustration of finding the perfect blouse, only to discover that it’s only available in sizes that wouldn’t fit you.- Consider color matching. If you are on a budget or just don’t want the hassle of searching your closet for something to go with your plaid shirt, try choosing a handful of complimentary colors and a couple of accents and base your clothing searches and purchases on those.- Look for coupon codes. When you find ladies clothing that you like, take a moment to do a coupon code search for that store. You can often save 10-15% simply by inputting a special code when you’re checking out.- Opt for stores that let you return clothing. This way, you can receive the outfit, try it on in the comfort of your own home, get the opinions of friends and family, if you like and should things not work out… just send it back. It’s a hassle free way to check out your clothing and allows you to take your time trying on the clothing. There isn’t any line outside the door and you have plenty of space to change.Online shopping for ladies clothing is easier these days than ever before. Nearly every store that you would normally shop at in the real world is available online and you’ll be able to take your time browsing, no commute to worry about! With all the advantages, it’s definitely worth doing your shopping at home, any time of day or night and without all the crowds.

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Small Computer Desks For Your Home Based Business

When it comes to operating a successful home based business, hard work and dedication go a long way. However, being successful also requires other things as well, including having an adequate supply of inventory if you are a retail seller, degrees and other training certifications if you offer services to clients, and of course the proper equipment for your home based business office. Having a well organized business office requires the right computer desk for your business operations, something that can be challenging when your office is small or improvised – which is common among those who run businesses out of their homes.For these people, small computer desks are ideal, especially if they can turn a small, unusable space into a working area for operating a home based business. for those with extremely limited space, pole computer carts are ideal, as they are able to utilize vertical space. With these types of small computer desks, the screen is mounted on the pole near the top, with specialized shelves for keyboards and printers underneath, and additional shelves near the bottom for the monitor. These “desks” are typically around 24 inches wide, 60 inches tall, and are equipped with locking wheels in order to the mobile.Another good design for home based businesses with very little space for an office are compact, multilevel workspace units. These types of computer desks range in style, with the most compact units being ones with one or two tiers at the top to hold printers and fax machines. Directly underneath would be the main workspace, which would hold the computer monitor and additional equipment such as scanners, speakers, and mice, and a shelf underneath to hold the tower and office supplies. Some units also have additional shelving options that come off the sides, and are designed for a variety of purposes, including holding small office supplies and additional pieces of computer equipment.One of the keys to running a successful home based business is being highly organized and efficient, something that is nearly impossible without a business office. So no matter how little space you have in your home for a business office, there are computer desk options that can neatly fit into even the tightest spaces.

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