Financing Options for Small Business Owners
Many small business owners find themselves needing external financing to help grow their business. With the different options available it... View Article
Category: Financing Your Business
How Precision Automotive Saved Thousands by Using Lendified to Refinance Their Debt
Glenda from Precision Automotive Inc is a Canadian small business owner and she used Lendified to save thousands on her Merchant Cash Advance... View Article
Online Business Loans
Working capital is critical for businesses at all stages, but traditional lenders in Canada have made it difficult for many... View Article
Is the Interest Rate on My Business Loan Too High?
Interest rates for business loans can range from single digits to over 40%. While everybody understands that a lower rate... View Article
Why Online Business Loans Cost More Than Bank Loans
Online loans can be a great option for small businesses looking to grow, but do cost more than traditional bank... View Article
What is Alternative Lending?
Most small business owners are unable to get financing from traditional banks. In fact, it’s estimated that banks reject 80%... View Article
Annual Interest Rate (AIR) – How and Why It’s Used
There are many ways to communicate the rate of a business loan. This can create some confusion, but each approach has its purpose.... View Article
What You Should Know Before Refinancing Your Business Loan
When you first started your business you may have had limited debt options because of your lack of experience or credit... View Article
When You Should or Shouldn’t Get a Small Business Loan
Will a business loan help you capture a new opportunity? Or do you find borrowing money too risky? Your motivation for... View Article
Hard and Soft Credit Checks: What’s the Difference?
All lenders will check your credit score before qualifying you for a business loan, but not all credit checks are... View Article