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.

10 Facts About Office Business Centers

In today’s economy, office business centers (OBCs) represent a viable alternative to commercial space for established organizations, professionals and entrepreneurs. Here are 10 facts you should consider in evaluating their relevance for your business.1. OBCs help you to focus on your core competency.
In competitive industries, time becomes a valuable commodity, especially for high-level executives. By using an office business center instead of commercial space, you can focus on critical business matters instead of office maintenance and infrastructure.2. By pooling resources, OBC clients can afford cutting-edge technology and services.
OBCs offer a myriad of high-end telecommunications and Internet options too expensive for most small businesses. For example, high bandwidth capacity, fiber optics, VoIP technology, high-speed printers and scanners are readily available. Videoconferencing, also available at most OBCs, can save a fortune in travel expenses.3. OBC clients include nearly every type of business.
Our clients include international organizations and entrepreneurs, as well as professionals such as accountants, lawyers, doctors and financial consultants.4. OBCs provide flexible working arrangements.
OBCs are perfect for flextime, a concept designed to escape the straitjacket of the standard 9-5 work week. OBCs offer virtual support and office space whenever you need it under a wide variety of terms. For international organizations, this includes support staff at nearly any hour.5. OBCs may be used for temporary staff or during office renovations.
Sometimes, your headquarters needs to be refurbished, and the displacement can affect your company’s productivity. OBCs provide office space for any length of time without the commitment of a lease.6. OBCs offer seamless integration with your company headquarters.
At an OBC, you can keep your email domain or main phone number (with new extensions). Through special technology, connection to your clients will be seamless, and customers will be unable to distinguish your OBC office from your main headquarters. OBCs can even incorporate your company’s I.T. security devices to protect your data.7. OBCs help you to learn from your neighbor.
Clients of OBCs can network with other occupants. Best business practices can be improved through this interaction giving clients a substantial advantage over the competition.8. OBCs can be customized for nearly any need.
OBCs let you customize your office instead of trying to fit into a cubic box with a desk and a phone. You can decide how much space to use and change that according to circumstances. You can decide what support structure you need and change that, too.9. OBCs provide office in elegant locations with multiple meeting venues.
OBCs offer a multitude of meeting venues including conference rooms of varying sizes, seminar rooms and auditoriums. Videoconferencing enables virtual meetings, saving both time and money. OBCs are typically located in upscale buildings with attractive grounds and amenities.10. OBCs are particularly valuable when the economy is volatile.
Though a valuable resource at any time, OBCs are particularly in demand during economic recessions or uncertain business environments. The items mentioned above become even more urgent when you are unsure what tomorrow will bring.

An Anti-Aging Nutrition Supplement Diet With Vitamins, Minerals The Secret Of A New Body

An Anti-aging nutrition supplement diet with vitamins, minerals is the secret of having a more vibrant and healthy body so you can live life to its fullestUsing proper nutrition is an important part of anti-aging and it will also help promote great health and energy as well. Using the right type of anti-aging nutrition in your diet and taking additional nutritional supplements can actually help you take control of the aging that occurs within the body. While there are a variety of different anti aging medications, creams, and vitamins available that say they will help you not to age as quickly, believe it or not your nutritional diet is the most important thing when it comes to you combating the aging process.Eating foods that are high in ant aging anti-oxidants can help you keep the aging process from occurring as quickly and they will provide you with the energy you need as well. One of the main things to get in an anti-aging diet is plenty of fresh fruits and vegetables. Things that you may want to add into your diet include oranges, crisp carrots, delicious strawberries, and tasty broccoli. You will find that the most colorful fruits and vegetables are actually the ones that have the most anti-oxidants and vitamins in them as well.If you want to get the proper anti-aging nutrition, it is important that you have at least eight to nine servings of your fruits and vegetables every single day. Most fruits and vegetables actually do not have any fat or cholesterol, and they contain great nutrients, fiber, and only a few calories. Remember to choose the fruits and vegetables that have the deepest and darkest colors. You will find that spinach actually has more nutrients in it than lettuce and a sweet potato is better than a potato. Both the sweet potato and the spinach are actually richer in color. Keeping color in mind can help you pick out the best fruits and vegetables for anti-aging nutrition.Nutritional supplements for Antiaging At times it may not be possible for you to get all the anti-aging nutrients you need by your diet alone, which is where anti-aging nutritional supplements come in. You may need to add one of these supplements to your diet in order to get the nutrients you need. Some of the nutrients and vitamins that would be a good anti-aging nutritional supplements include Vitamin D, niacin, Vitamin K, all the B Vitamins, folic acid, zinc, iron, and even copper. Vitamin C is also important as well, and you will probably want to look for extra anti-aging nutritional supplements that have at least 1000 mg of Vitamin C as well. It is important to note that usually men and women have different needs when it comes to their nutritional needs. Women need to make sure that they get enough calcium in order to ward off osteoporosis and taking about 1000mg of Calcium a day is a good rule of thumb, and in some cases women may even need up to 1500mg a day. Men can greatly benefit from taking anti-aging nutritional supplements that have supplements to help the immune system, such as Vitamin C and Vitamin E, which can help them avoid getting prostrate cancer. When you are taking anti-aging nutritional supplements, drinking plenty of water is extremely important. Water is not only excellent for keeping your body young and healthy, but it helps to hydrate your body and also move the nutrients you are taking throughout your body as well. At least two liters of water should be consumed every single day. Drinking enough water can help keep your skin looking smooth, young, and healthy.Objectives of Anti-Aging NutritionThere are a variety of harmful toxins that are in the body that can cut short your lifespan. Eating foods that have anti-oxidants in them can help you get rid of these harmful toxins so you will live longer. Also when you eat an anti-aging diet you will also be able to enhance your energy and promote mental and physical mobility as well. Another objective of eating an anti-aging nutrition diet is to make sure that your body gets the minerals and nutrients that are needed. These will help make sure that the body is functioning as it should as well. While you need to increase the intake of good nutrients, you will also want to cut some things out of your diet as well, such as saturated fat, trans fats, and some red meats as well.Not only can you prevent much of the aging process by eating an anti-aging nutrition diet, but you can also help to prevent a variety of diseases as well. Eating the right diet can help you make sure that your immune system functions as it should and will also protect other parts of your body as well. Instead of spending a great deal of money on expensive products that claim they will help stop the aging process, why not just start a eating right, using anti-aging nutrition to slow down the aging process. It is much cheaper and a great way to keep your body healthy and happy.