Securing a business loan is no small or easy feat, especially when you’re stuck choosing between business loans and personal loans. […]
Currently browsing: Small Business Finances
Cost of Debt Explained: Formula, How It’s Calculated & Impacting Factors
This article defines the cost of debt and explains how to calculate it. It also outlines the key factors that influence debt costs. […]
Glossary of Terms for Small Business Owners
In today’s fast-moving small business environment, knowing your numbers isn’t enough — you also need to understand the language behind them. […]
Advantages of Alternative Financing for Small Businesses
What is Alternative Financing? “Alternative financing” is an umbrella term for non-traditional loans offered by non-bank lenders. In contrast to alternative loans, traditional loans are […]
Microlending: What You Need to Know
Microlending is a valuable option for startups and underfunded entrepreneurs who need smaller amounts of capital. Why? Because getting approved for a microloan can provide [...]
Read more
How to Prepare for Getting the Best Possible Terms for Your Business Loan
Securing a business loan is a major step for any business. However, the loan terms you receive can significantly impact your business’s financial health. A [...]
Read more
How to Get a Business Loan with a Bad Credit Score in Ontario
Getting a small business loan with poor credit in Ontario can be an uphill battle. Traditional lenders often prioritize high credit scores, leaving you to [...]
Read more