Category Archives: Alternative Business Financing

Informative resource for Canadian small and medium sized business owners looking for information on small business loans.

Credit Unions preferred over banks for Small Business Loans

I’ve been writing recently about the differences between a traditional small business loan and a merchant advance. I’m not “bank bashing” – just stating a few facts about what a merchant advance is and how the application and approval process … Continue reading

Posted in Alternative Business Financing, Bank Loan, Business Cash Advance, Business Loans, Merchant Cash Advance, Small Business, Small Business Financing, Small Business Loans, Working Capital Financing | Leave a comment

Why a merchant advance might be right for your business

In a previous post, I wrote about how easy it is to qualify for a merchant advance.  All you really need to begin the process is to provide 12 months of your sales history – for retailers it’s easiest to … Continue reading

Posted in Alternative Business Financing, Bank Loan, Business Cash Advance, Business Loans, Merchant Cash Advance, Small Business Financing, Small Business Loans, Working Capital Financing | Leave a comment

Small Business Bank Loan vs. Merchant Advance

The merchant advance industry is gaining widespread popularity among the small business community in Canada as an alternative to a traditional bank loan. For those of you unfamiliar with the service, a merchant advance provides a lump sum amount that … Continue reading

Posted in Alternative Business Financing, Bank Loan, Business Cash Advance, Business Loans, Merchant Cash Advance, Small Business Financing, Small Business Loans, Working Capital Loan | Leave a comment

Pay your taxes on a daily basis with a merchant advance

This year, more and more business owners are discovering a unique and easy way to pay their taxes – a merchant advance. A merchant advance – sometimes referred to as a business cash advance – provides the owner with cash … Continue reading

Posted in Alternative Business Financing, Business Cash Advance, Business Loans, Merchant Cash Advance, Small Business Financing, Small Business Loans, small business tax loans | Tagged , | Leave a comment

How do you repay a merchant cash advance?

Last week I wrote about picking the right merchant advance company. In a growth industry like this, there’s always a few “not so qualified” companies that enter the market, only to be out of business in a couple years. You … Continue reading

Posted in Alternative Business Financing, Bank Loan, Business Cash Advance, Business Loans, Merchant Cash Advance, Small Business Loans, Working Capital Financing, Working Capital Loan | Leave a comment