Category: Bank Loan

Your Source for Business Funding Insights

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40 minutes read

The question isn’t really about interest rates or approval odds. When you lie awake at 2 AM wondering whether to apply to BDC or that alternative lender your accountant mentioned, ...

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17 minutes read

Executive Summary If your credit score has taken a hit, you’re far from alone, over 310,000 Canadian small businesses experienced significant credit drops since 2020. Traditional banks reject 62% of ...

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16 minutes read

Executive Summary Advertised interest rates on Canadian small business loans rarely reflect true borrowing costs. Factor rates used by alternative lenders can translate to 40-150%+ effective APR, while hidden fees ...

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15 minutes read

Executive Summary Online lenders approve business term loans in Canada within 2-7 business days, while traditional banks typically require 4-8 weeks. The speed difference comes with a cost premium, online ...

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18 minutes read

Executive Summary TD, RBC, and BMO each offer competitive business term loans with rates ranging from Prime + 0.75% to Prime + 5.00% depending on your business profile. TD excels ...

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14 minutes read

Advance Funds Network is a direct lender for fast, flexible funding designed specifically for small and mid-sized manufacturing businesses. Running a small to mid-sized manufacturing business means juggling a dozen ...

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9 minutes read
In todays dynamic business landscape commercial loans play a role in the success of companies. Whether you're a budding startup seeking capital or an established business aiming to grow having ...

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4 minutes read

These days, savvy consumers are growing more aware of the many ways banks cheat their customers. Business banking customers need to be especially wary of the potential for abuse. Let’s ...

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2 minutes read

In challenging economic times cash flow is king. Respecting this highly critical aspect of business, small and medium-sized organizations are required by market forces to maintain a healthy stream of ...

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2 minutes read

This economy’s hitting small businesses hard. It’s not uncommon to see store closing and going out of business signs adorning the windows of your local shopping center. Still, in these ...

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